The government presented the interim budget for 2024-2025 in Parliament on Thursday with focus on economic policies that foster growth, facilitate inclusive development, improve productivity, create opportunities for various sections while noting that it will pay utmost attention to easte
"I think it is all in all very encouraging budget and the government has managed with the spend of eleven lakh crores still to contain both the fiscal deficit and the revenue deficit. Because these are critical for India's rating globally and for the cost of funding for indian industry and f
Indian stock indices took a rollercoaster ride and settled marginally in the red the day the central government presented its interim Budget for 2024-25.
"...Overall, that is how I would assess it - judicious on the fiscal front, non-populace because it is more of the same and visionary because many other steps on innovation and CapEx etc." said KV Subramanian - Executive Director of the IMF and former Chief Economic Advisor to the Government
The government will lay a 'White Paper' on the table of the Parliament to look at where the country was till 2014 and where it is now, to draw lessons from the "mismanagement of those years".
Bengaluru (Karnataka) [India], February 1: Finance Minister Nirmala Sitharaman presented the Interim Budget 2024-25 at the Parliament today, a day after the commencement of the Budget Session. The interim budget provided estimates of the government's expenditure, revenue, fiscal deficit, fin
Congress MP Manish Tewari responded sharply to Indian economist and Finance Minister Nirmala Sitharaman's presentation of the Interim Budget for the fiscal year 2024-25, labelling it a 'vote-on-account' whose only goal is to keep the government solvent for the first quarter of the current
"The Interim Budget has stuck to the winning formula that I think the current government has figured out - fiscal restraint with welfarism and growth...So, overall it is a 10/10 budget. It is just an interim budget, the actual budget will be presented after the election but they want to sti
The Pakistan-based news daily reported that this report follows the central bank's recent announcement of its monetary policy, which tempered earlier optimism about a sharp decline in inflation in the second half of the fiscal year. Price stability is the central bank's primary objective und
As expected and in relief for the citizens, the central government neither tweaked nor put any additional tax burden on citizens, in the interim Budget for 2024-25 tabled by Union Finance Minister Nirmala Sitharaman.
"The immediate reaction would be the consolidation of the fiscal deficit. Our recommendation initially was a 5.4% fiscal deficit, but it's now 5.1%, which is a very significant step forward, but at the same time, does not sacrifice the focus on growth. So the capex spend has increased by
Presenting the Union Budget 2023, Union Finance Minister Nirmala Sitharaman on Thursday pegged the fiscal deficit target for 2024-25 at 5.1 per cent of gross domestic product (GDP).