Indian markets started the week with a decline following global market weakness after U.S. President Joe Biden opted out of the presidential race. Indian markets are also facing selling pressure ahead of the Union Budget announcement by the government.
Union Finance Minister Nirmala Sitharaman will table the Economic Survey 2023-24 along with a statistical appendix in Parliament on Monday, a day ahead of the Union Budget.
The Economic Survey 2023-24 will be presented in Lok Sabha at 1 pm and in Rajya Sabha at 2 pm, followed by a press conference by Chief Economic Adviser Anantha Nageswaran.
Karnataka Minister Dinesh Gundu Rao said he hoped there would not be any discrimination against the state in the union budget as Karnataka is one of the biggest financial contributors to the Centre.
With the Union Budget 2024 around the corner, Indian financial markets, corporates, and entrepreneurs have various expectations from the government. Many have voiced their requests and made presentations before the government as part of pre-budget consultations.
As the highly-anticipated Union Budget week is going to commence today, investors' sentiments in the equity market will be driven by the announcements made by Finance Minister Nirmala Sitharaman.
Tamil actor Vishal shared his expectations from the Uninon Budget 2024. He also requested Prime Minister Narendra Modi to look into the matter of Goods and Services Tax (GST) in Tamil Nadu.
With the presentation of this year's budget, Sitharaman will establish herself as the first Finance Minister to present seven consecutive budgets, breaking the record of Morarji Desai's six budget presentations.
Optimistically waiting for the key announcements of the Union Budget, the fintech sector anticipates provisions to promote fintech and traditional banking systems to come together for a robust financial ecosystem in the country.
Ahead of the Union budget 2024-25, Delhi University Vice-Chancellor Yogesh Singh on Thursday expressed his excitement for Budget 2024-25 saying that this budget will set a tone for the 'sankalp' of Viksit Bharat.