Tag: Indian economy

India’s Budget to sustain demand for corporates: Fitch Ratings

February 5, 2023 admin

Finance Minister Nirmala Sitharaman holding the Budget Papers on February 01, 2023. | Photo Credit: The Hindu The higher spending, tax cuts and supportive policies announced in India’s Budget for 2023-24 are expected to support sustained demand growth and improve the longer-term prospects for corporates, said Fitch Ratings. “We believe the tax cuts will boost…

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Key takeaways from Union Budget 2023-24 in charts

February 2, 2023 admin

Union Finance Minister Nirmala Sitharaman speaks during a post-budget press conference, in New Delhi, Wednesday, Feb. 1, 2023. | Photo Credit: PTI The government will focus on economic growth and job creation and cut down the fiscal deficit, Union Finance Minister Nirmala Sitharaman said on Wednesday, presenting its last full budget in Parliament before the…

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Budget 2023 | Towards a healthier India: Preetha Reddy

February 1, 2023 admin

It was encouraging that the Finance Minister today opened the Union Budget speech by talking about India’s economic growth, which is expected to be at 7%, the highest among the major economies. It was reassuring as across the world, there are several nations standing at the brink of a slowdown. India’s success in managing the…

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Budget 2023 | Major thrust planned for green energy

February 1, 2023 admin

Clean green hydrogen energy generation. | Photo Credit: Getty Images/iStockphoto Underlining a commitment to accelerate the Indian economy’s transition to one powered by green energy, Union Finance Minister Nirmala Sitharaman in her Budget speech on Wednesday mentioned a slew of schemes aimed at promoting clean energy and sustainable living. Green energy was among the ‘Saptarishi’…

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Budget will lay strong base to build a developed India: PM

February 1, 2023 admin

Prime Minister Narendra Modi addressed the media at Parliament House on the first day of the Union Budget session of Parliament | Photo Credit: Shiv Kumar Pushpakar Prime Minister Narendra Modi on February 1 termed the Union Budget as the “first budget of Amrit Kaal” (the 25-year period between the 75th year of independence and…

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