The minister's response provided a comprehensive overview of private capital expenditure (capex), corporate bond issuances, bank credit flows, and gross fixed capital formation (GFCF).
The project will be implemented in three phases, with the first phase of 2.4 MTPA at an investment of Rs 1100 crore targeted to be commissioned by December 2025. Adequate provisioning of land for future expansion is in place, which will be commissioned in due course at a much lower capita
India's fiscal deficit reduced to Rs 1.4 trillion during April-June 2024, down from Rs 4.5 trillion reported in the same period last year, according to a report by Anand Rathi Equity, a financial services company.
Prime Minister Narendra Modi called India's fiscal prudence during the pandemic, a role model for the world during his inaugural address of 'Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference' organized by the Confederation of Indian Industry (CII) at Vigyan Bhawan in New
Addressing the leaders of Indian Industry PM Narendra Modi highlighted the achievements of his government over the last ten years. Modi said India is currently the world's fastest-growing major economy and in the last ten years' the country's budget has increased three times to Rs 48 lakh
New Delhi [India], July 29: Incorporated in 2009, Bulkcorp International is an ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 and BRC certified Company, which is engaged in manufacturing and supply of Food Grade Flexible Intermediate Bulk Container ("FIBC") bags. The manufacturing unit of th
The India budget for the fiscal year 2024-25, presented on Tuesday, reflects a clear commitment to maintaining economic stability and fostering growth through substantial capital expenditure (capex) investments.
"We believe that it (fiscal deficit) should be achievable as the government's assumption of 10.5 per cent nominal GDP growth in 2024-25 is modestly below our current forecast. We think the government should also be able to achieve its goal of reducing the deficit below 4.5 per cent of GDP in
The decision has been taken due to "Michaung" cyclonic rains during the period 3rd to 5th December, 2023 that resulted in an additional expenditure incurred by farmers towards replantation/gap filling in the main field.
The Union Budget outlines the government's revenue and expenditure plans for the upcoming fiscal year, while the budget for the Union Territory of Jammu and Kashmir is a significant event considering the developmental needs.
"The way there has been major expenditure of defence, rural development, agriculture, education, IT, health, energy and software, commerce and industry, it seems that this is a pro budget for 'gaanv', 'gareeb' as well as the industrial sector," Sawant said speaking to the media on Tuesday.