The Union government may announce a new Vision 2047 plan for the highways sector in the upcoming budget, under which India will embark on a decade-long exercise to build roads worth more than ₹20 trillion, two persons aware of the development said. With the Centre suspending project awards under the flagship highway development scheme Bharatmala-1 … Read more
The country is abuzz with expectations for Budget 2024, eagerly awaiting Finance Minister Nirmala Sitharaman’s presentation on July 23rd. Ahead of Budget 2024, there is a strong consensus among MSME stakeholders for significant reforms. Key expectations include increasing the credit guarantee fund for MSMEs.There is also a push for interest subvention schemes to lower borrowing … Read more
Budget 2024 Expectations Live Updates: Prime Minister Narendra Modi is scheduled to meet with distinguished economists on Thursday to gather their perspectives and recommendations for the upcoming fiscal year. This meeting, which will also include Niti Aayog Vice Chairman Suman Bery and other key members, aims to influence the first major economic policy of Modi’s … Read more
Budget 2024:As the Finance Ministry is gearing up to present the full fiscal year budget for 2024-25, the National Democratic Alliance (NDA) government isconsidering offering 50 per cent of the last salary drawn as pension under the National Pension System (NPS) to central government employees, according to a report by the Times of India. This … Read more
Budget 2024 Expectations Live Updates: Prime Minister Narendra Modi is set to engage with prominent economists and sectoral experts. A senior government official disclosed that the meeting aims to gather insights and recommendations for the 2024-25 Budget, which Union Finance Minister Nirmala Sitharaman will present in the Lok Sabha on July 23. This Budget is … Read more
Budget 2024: D-Street veterans and several brokerages have predicted that the upcoming Union Budget 2024 might bring volatility in the Indian stock market after the sentiment has turned bullish since June-end. The return of foreign fund inflows resumed in Indian markets and as investors priced in stability with the Bharatiya Janata Party (BJP)’s return to … Read more
Budget 2024 Expectations Live Updates: Amit Chhabra, CBO, general insurance, Policybazaar.com, said, “The health insurance industry is advocating for tax reforms to encourage innovation and adapt to evolving trends. A key proposal is to increase the tax deduction limit for health insurance premiums, specifically raising the limit to ₹50,000 for individuals, their spouses, and dependent … Read more
Finance Minister Nirmala Sitharaman will present the first Union Budget of Prime Minister Narendra Modi’s third term on July 23, 2024, as approved by President Droupadi Murmu. The Budget session is scheduled from July 22 until August 12. The budget presentation will commence at 11 am in the Lok Sabha. The Union budget will be … Read more
Finance Minister Nirmala Sitharaman has concluded consultations with various stakeholders, including representatives of industry and social sectors, as part of the budget preparation exercise. Sitharaman will present her seventh Budget on July 23. This would be the first full budget of Modi 3.0 which is going to set the path for Vikshit Bharat (developed India) … Read more
Indian stock market opened July on a spectacular note and achieved its longest winning streak since December 2023 amid the relentless bullish rally powered by the return of foreign funds and investor sentiments stabilising over Modi 3.0 coming to power. Bulls seem to have tightened their grip on Indian markets ahead of Union Budget 2024, … Read more