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Union Minister of State Anupriya Patel, Ramdas Athawale and JD(U) MP Dileshwar Kamait during the all-party meeting, at Parliament House in New Delhi on July 21, 2024. | Photo Credit: ANI The Janata Dal (United), a key BJP ally which heads the government in Bihar, has strongly argued for a special financial package for the…
File photo New Delhi: The outcome of the Union Budget, quarterly earnings from corporates and global trends are the major factors to drive stock market sentiments this week, analysts said. Besides, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude are also crucial aspects to watch…
Read More “Union Budget 2024, Global Trends To Drive Stock Markets Next Week: Experts” »
The government will also present the Finance Bill after the announcement of the budget on July 23. New Delhi: As the Union Finance Minister, Nirmala Sitharaman, is set to present her seventh Union Budget, the Monsoon Session of Parliament will commence on July 22. With the presentation of this year’s budget, Ms Sitharaman will establish…
Read More “N Sitharaman To Present 7th Successive Union Budget, A New Record” »
Nirmala Sitharaman will table the Economic Survey in Parliament on July 22. New Delhi: Finance Minister Nirmala Sitharaman will table the Economic Survey in Parliament on July 22, a day ahead of the Union Budget, which will be a report card on the economy and also the growth outlook ahead. The survey gives a detailed…
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The Union Ministry of Finance. File | Photo Credit: SHIV KUMAR PUSHPAKAR Ahead of the presentation of the Union Budget, the Finance Ministry has announced changes that will provide greater flexibility to scientific Ministries to import and buy equipment necessary for research. These changes, in the General Finance Rules (GFR), follow demands made for years…
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Indian Chamber of Commerce has suggested the government to rationalise customs duties. New Delhi: The Indian Chamber of Commerce (ICC) has suggested the government to rationalise customs duties in various sectors including steel, solar battery, aluminum, and lithium cells in a bid to boost domestic manufacturing. Finance Minister Nirmala Sitharaman is scheduled to present the…
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Congress leader Jairam Ramesh. File | Photo Credit: ANI Continuing its attack on the economic policies of the Narendra Modi government ahead of the first budget of the NDA government on July 23, the Congress on Wednesday said that “India has been locked into a cycle of low investment since 2014” due to a combination…
Congress leader Jairam Ramesh. File | Photo Credit: ANI This year’s Union Budget will be judged by what it does to revive and rejuvenate India’s Micro, Small and Medium Enterprises (MSMEs), the Congress said on July 16. In a statement, Congress general secretary Jairam Ramesh said that through a “combination of deliberate policy and wilful…
Read More “Budget will be judged by what it does to revive MSMEs: Jairam Ramesh” »
Union Finance Minister Nirmala Sitharaman will present the budget next week. | Photo Credit: PTI Import holidays, GST exemption for components of launch vehicles, productivity-linked incentives (PLI) and government stepping in as a customer are some of the expectations of the private space sector from Finance Minister Nirmala Sitharaman as she presents the Union Budget…
Read More “Union Budget: Space industry demands tax holidays, PLI scheme” »
As of the end of March 2024, NBFCs had a CRAR of 26.6%, a GNPA ratio of 4.0% and a return on assets (RoA) of 3.3%. (Representational image only) Ahead of the upcoming Union Budget scheduled to be presented on July 23, the Non-Banking Financial Company (NBFC) sector is expecting enhanced financial inclusion and reinforcing digitalisation…
