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.
As per data from the National Securities Depository Limited, last week foreign investors injected Rs 15,420 crore into Indian markets, but their buying declined significantly for the week July 22-26.
"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
Delhi NCR [India], July 25: Finance Minister Nirmala Sitharaman announced India's Union Budget for 2024-25, focusing on employment, skill development, support for MSMEs, and the middle class. This pivotal moment for India's fiscal policy outlined the government's financial roadmap, with all
The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the body representing India's auto component manufacturing industry, in its review for the fiscal year 2023-24, as per a release.
I would describe this budget as bold and radical, focusing on three key areas said Suman K Bery, Vice Chairman NITI Aayog in an exclusive interview with ANI.
According to a press release, the council also expressed anticipation for the detailed announcements on foreign direct investment (FDI) that are expected to be finalized and published soon.
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.
Soon after presentation of Budget 2024-25, India's G20 Sherpa and former CEO of government think tank Niti Aayog asserted that the main highlight of the annual budget was job creation.
Union Minister for Railways, Information and Broadcasting, electronic & IT, Ashwini Vaishnaw, said on Tuesday that the economy is much more resilient today and is on a stronger footing than in the past. The economy today is a combination of welfare, fiscal prudence, capital investment, a
While presenting the Union Budget 2024-25 in Parliament on Tuesday, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman said land-related reforms and actions, both in rural and urban areas, will be incentivized for completion within the next three years through appropria