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A farmer harvesting a paddy field with mechanised harvester at Thiruvalarsolai in Tiruchi district. (Image used for representational purpose only.) | Photo Credit: The Hindu Finance Minister Nirmala Sitharaman announced the Pradhan Mantri Dhan Dhanya Krishi Yojana, or the developing agri-districts programme, in her record 8th Union Budget presentation on Saturday (February 1, 2025). The…
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman along with the Ministers of State for Finance Pankaj Chaudhary and team members of Finance, outside the her office at North Block in New Delhi on Saturday. Finance Minister to be general budget 2025-26, in the Parliament, February 01, 2025. | Photo Credit: SHIV KUMAR PUSHPAKAR…
Read More “Budget focussed on driving growth, inclusive development: Sitharaman” »
Benchmark indices Sensex and Nifty ended flat in a special trading session on Saturday (February 1, 2025) as investors saw little coming in from the Finance Minister Nirmala Sitharaman for retail investors and the overall markets in the Union Budget. But, buying in consumption-related sectors after Ms. Sitharaman exempted annual income of up to ₹12…
Read More “Budget 2025 Stock market update: Markets open higher ahead of Budget presentation” »
A traffic signal in the foreground of the Bombay Stock Exchange’s on Dalal Street seems to reflect the mood of the stock markets in Mumbai. | Photo Credit: PAUL NORONHA Benchmark indices Sensex and Nifty rallied in opening trade on Saturday (February 1, 2025) ahead of the Union Budget presentation. The 30-share BSE benchmark Sensex…
Read More “Markets open higher ahead of Budget presentation” »
Finance Minister Nirmala Sitharaman today will present a record eighth consecutive Union Budget that is expected to contain measures to shore up weakening economic growth and ease the burden on the middle class struggling with high prices and stagnant wage growth while being fiscally prudent. This will take Ms. Sitharaman closer to the record of…
A cut or tweak in income tax rates/slabs to ease the burden of the middle class struggling with high prices and stagnant wage growth is widely expected in Finance Minister Nirmala Sitharaman’s record-setting eighth consecutive Budget. The Budget for the fiscal year starting April 1 is expected to contain measures to shore up weakening economic…
Read More “Hopes running high of tax cut as Nirmala Sitharaman presents record 8th budget” »
The Shahid Beheshti Port at Chabahar connects Mumbai to Eurasia via the International North South Transport Corridor (INSTC), reducing transport costs and time, leading to a 43% increase in vessel traffic and a 34% rise in container traffic for the financial year 2023-24, according to the Economic Survey released on Friday. Similarly, Sittwe Port in…
Image used for representative purpose only. | Photo Credit: G.N. RAO The country’s higher education system ranks among the largest globally with 4.33 crore students enrolled in 2021-22, a 26.5% increase from 3.42 crore in 2014-15. The Gross Enrolment Ratio (GER) for the 18–23 age group also increased from 23.7% to 28.4% during this same…
Read More “Make higher education regulations voluntary: Economic Survey” »
Chief Economic Advisor V. Anantha Nageswaran during a press conference on Economic Survey 2024-25, in New Delhi on Friday. | Photo Credit: ANI India’s equity market has rapidly grown particularly after the pandemic, but its debt market remains undercapitalised, according to the Economic Survey for 2024-25 tabled in Parliament on Friday. Corporate bond issuances in India…
Read More “‘Debt market in India remains undercapitalised; risky borrowers unable to tap market’” »
Image used for representative purpose only. | Photo Credit: Reuters The secondary markets have delivered positive performance amidst significant volatility witnessed since the commencement of FY25 and on a longer-term basis, Indian markets have been among the best-performing markets in the world the Economic Survey 2024-25 has stated. “The compounded annualised returns of Nifty 50 for…
