According to the report, both the government and the RBI are expected to announce crucial steps aimed at stimulating growth in the face of a slowing economy.
The Sensex started 43.69 points lower at 76,489.27, while the Nifty saw a marginal decline of 5.30 points, opening at 23,157.80. Among Nifty 50 companies, 35 stocks advanced, 15 declined, and one remained unchanged.
MP Shinde said that Maharashtra is leading the way with pioneering initiatives aimed at women, farmers, and youth - three pillars of the society that deserve unwavering support.
Mumbai (Maharashtra) [India], January 29: "As we look towards the 2025-26 Union Budget, it is clear that infrastructure expenditure will be a key driver of economic growth and development. With the government's allocation of Rs 11.1 lakh crore for infrastructure in the 2024-25 budget already
Surat (Gujarat) [India], January 29: As India gears up for the Union Budget 2025, a strong focus on sustainability is essential. The government should promote green building practices and eco-friendly materials like AAC blocks and ALC panels by offering incentives such as higher FSI for proj
Kerala Minister P Rajeev has urged the Union government to increase financial support for infrastructure and the state's transition to a knowledge economy. He emphasized Kerala's need for more grants and expected a positive response in the upcoming Union Budget.
The upcoming Union Budget for FY26 is expected to focus on rural development, youth and women empowerment, fine-tuning the Employment Linked Incentive Scheme, and enhancing the skilling program according to a report by Yes Bank. Additionally, capital expenditure may shift focus to new sector
Richard McCallum, CEO, UKIBC said, "Based on industry member feedback, we hope the Budget sets out a vision for manufacturing that is based on a level-playing field, allowing international companies to access the full benefits of FDI liberalisation, and for a research and innovation landscap
"The Government's commitment to fiscal consolidation has put us in a good state and the survey participants expected the government to remain on that course," the survey said.
The industry players in the infrastructure sector -- from construction to real estate, transportation, and urban development -- also emphasised the need for fiscal reforms and policies that would ease the burden on infrastructure projects.