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Pakistan is a failed state that survives on international handouts: India at UNHRC | DRDO, Indian Navy successfully conduct flight-trials of Naval Anti-Ship missile | Volodymyr Zelenskyy to meet Donald Trump in Washington DC on Friday amid negotiations on mineral deal | Bangladesh Army Chief says 'country is at risk, the anarchy we have witnessed is of our own making' | 26-year-old Pune woman raped inside bus parked just 100 metres away from police station, accused identified | 'Islamic Caliphate': BJP slams Mamata for replacing Hindu holiday with Eid in KMC schools | Tamil actor Ranjana Natchiyaar quits BJP, joins Vijay's TVK amid 'Hindi imposition' debate | No outsider was involved, say cops on triple murder in Kolkata's Tangra | Grand Amrit Snan on Shivratri marks culmination of Maha Kumbh Mela in Prayagraj today | 'Myanmar situation has paused India-Myanmar-Thailand Trilateral highway project': S Jaishankar

Budget 2024: Sitharaman announces help for Himachal Pradesh, Uttarakhand, Sikkim, Assam to tackle natural calamity effects

Jul 23, 2024, at 05:48 pm

New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Tuesday announced help for three hill states- Himachal Pradesh, Uttarakhand and Sikkim- and Assam to tackle the effects of natural calamity.

Budget 2024: Sitharaman announces financial aid for Andhra Pradesh, major support for Bihar

Jul 23, 2024, at 05:28 pm

New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Tuesday made major announcements for two states, Andhra Pradesh and Bihar, which are ruled by the Modi government's key allies, Telugu Desam Party and Janata Dal (United) respectively.

Make in India push or tax relief? Nirmala Sitharaman to present Union Budget today

Jul 23, 2024, at 02:32 pm

Union Finance Minister Nirmala Sitharaman on Tuesday will present her first budget since her government came to power for the third straight term after winning the Lok Sabha polls in June.

Economic Survey shows 218.8 percent increase in India's budget for welfare and empowerment of women from F14 to F25

Jul 22, 2024, at 11:58 pm

As the Indian concept of welfare transforms into empowerment, India is transitioning from women’s development to women-led development, highlights the Economic Survey 2023-2024.

Economic survey shows female labour force participation rate rose to 37 percent in 2022-2023 in India

Jul 22, 2024, at 11:52 pm

The Economic Survey 2023-2024 highlighted economic empowerment of women notes that increased accesses to education and skill development, as well as other initiatives for women’s empowerment have elevated the participation of women in the nation’s development and progress.

Share of MSMEs in manufacturing output in India stands at 35.4 percent, Economic Survey finds

Jul 22, 2024, at 11:43 pm

The Economic Survey tabled by the Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman in Parliament on Monday, highlights the importance of the MSME sector in the Indian economy with an all-India manufacturing output of 35.4 percent.

The number of patents granted in India crossed 1 lakh in FY 23-24, Economic Survey

Jul 22, 2024, at 11:00 pm

Rapid rise in patents and start-ups shows knowledge and innovation-backed economic growth in the country.

Economic Survey shows 2.63 crore houses constructed for poor in last nine years in rural areas

Jul 22, 2024, at 10:58 pm

The integrated and sustainable development in rural India is at the heart of the Government’s strategy.

Economic Survey says adopting BIM needed to reduce project delays

Jul 22, 2024, at 10:56 pm

In recent years, various aspects of infrastructure development have been integrated with technology to improve the efficiency of infrastructure plans, designs, and assets, states the Economic Survey 2023-24 tabled by Union Minister of Finance & Corporate Affairs Nirmala Sitharaman, in Parliament on Monday.

Here's how stock markets are likely to react before and after Union Budget 2024

Jul 12, 2024, at 10:26 pm

Mumbai/IBNS: The Government of India is set to present the Union Budget 2024 on July 23 this year.

GST Council tweaks rates for range of products and services

Jun 23, 2024, at 06:51 am

New Delhi: Union Finance Minister Nirmala Sitharaman presided over preliminary discussions with finance ministers from states and Union Territories to gather their perspectives ahead of the upcoming Budget.

Nirmala Sitharaman set to make history with 7th consecutive Budget next month

Jun 15, 2024, at 01:26 am

New Delhi: Finance Minister Nirmala Sitharaman is poised to make history next month when she presents the Union Budget 2024-25 in Parliament.

‘Seeds’ of the NPA crisis sown during UPA regime, IBC addressed the issue effectively: Sitharaman

May 31, 2024, at 10:55 pm

New Delhi: The ‘seeds’ of the NPA crisis were sown during the Congress-led UPA era through ‘phone banking’, when loans were given to undeserving businesses under pressure from UPA leaders and party functionaries. Banks were forced to neglect proper due diligence and risk assessment before sanctioning these loans, Finance Minister Nirmala Sitharaman said on X.

ED seized Rs 64,920 cr in 1,105 bank fraud cases; assets worth Rs 15,183 cr restituted to banks during NDA regime: Nirmala Sitharaman

May 31, 2024, at 10:06 pm

New Delhi: The Enforcement Directorate (ED) has seized Rs 64,920 crore related to nearly 1,105 bank fraud cases to date, Finance Minister Nirmala Sitharaman reiterated on May 31 in a series of posts on the social media platform X.

India must boost manufacturing to increase share in global value chains: FM Sitharaman

May 18, 2024, at 04:43 am

New Delhi: India should intensify manufacturing activities to increase its share in global value chains and attain self-reliance aided by government policies, Finance Minister Nirmala Sitharaman said on Friday.

Justice Sanjay Kumar Mishra appointed as first President of GSTAT to operationalise resolution of GST disputes

May 07, 2024, at 04:54 am

Former Chief Justice of Jharkhand High Court, (Retd.) Justice Sanjay Kumar Mishra, has been appointed as the first President of the Goods and Services Tax Appellate Tribunal (GSTAT),  clearing the decks for resolving GST-related disputes.

India's Apr-Feb fiscal deficit at Rs 15.01 lakh cr, reaches 86.5% of FY24 target

Mar 29, 2024, at 04:24 am

New Delhi: India's fiscal deficit for the period between April and February of FY24 amounted to Rs 15.01 lakh crore, nearly 86.5 percent of the target set for the entire financial year.

Parliament approves Finance and other appropriation bills after discussion

Feb 09, 2024, at 02:33 am

New Delhi/IBNS/UNI: The Parliament Thursday gave its nod to the Narendra Modi government's interim Budget with Rajya Sabha returning the Finance Bill 2024 and related appropriation bills after discussion.

A visionary stride for women-led development in India’s 2024 budget

Feb 05, 2024, at 01:03 am

Indian Finance Minister Nirmala Sitharaman has offered a progressive vision for the nation’s women through the interim budget which prioritized empowering women ("Nari Shakti") through entrepreneurship, making their lives easier, and ensuring their dignity.

'Growth, welfarism and fiscal restraint': NSE MD on Interim Budget

Feb 02, 2024, at 07:18 am

The Interim Budget FY25 presented by Finance Minister Nirmala Sitharaman focused on growth, welfarism and fiscal restraint, while ensuring continuity on policies and taxation.

Anand Mahindra praises Interim Budget, lauds Nirmala Sitharaman for high tax-GDP ratio

Feb 02, 2024, at 04:49 am

Mumbai: Mahindra Group Chairman Anand Mahindra took to social media to laud the Interim Budget presented by Finance Minister Nirmala Sitharaman on Thursday.

FM Nirmala Sitharaman presents Interim Budget 2024-25: Industry reacts

Feb 01, 2024, at 11:39 pm

New Delhi: Finance Minister Nirmala Sitharaman on Thursday said India's economy is undergoing a profound shift as she presented the final budget of the Narendra Modi government before the Lok Sabha polls scheduled for May. Emphasising the government's commitment, Sitharaman highlighted a focus on enhancing conditions for marginalised groups, including the poor, women, youth, and farmers, laying the groundwork for forthcoming welfare schemes in these sectors during her Budget 2024 address.

Sitharaman's Interim Budget 2024: No change in tax rates, focus stays on capex

Feb 01, 2024, at 07:38 pm

New Delhi/UNI: Presenting the interim budget for 2024-25, Union Finance Minister Nirmala Sitharaman on Thursday kept the tax rates unchanged and continued to focus on public spending to boost growth.

Budget 2024: Next five years to see unprecedented development, says Nirmala Sitharaman

Feb 01, 2024, at 07:33 pm

New Delhi/UNI: Union Finance Minister Nirmala Sitharaman on Thursday said the next five years will be years of unprecedented development to realise the goal of India becoming a developed country by 2047.

Sitharaman proposes housing scheme for 'deserving' section of middle class

Feb 01, 2024, at 07:27 pm

New Delhi/UNI: Finance Minister Nirmala Sitharaman on Thursday proposed to launch a scheme for 'deserving' sections of the middle class to help them buy or build their own houses.

Projecting a Modi return, FM Sitharaman presents poll-bound 'no disruption' unchanged tax rate Interim Budget, estimates fiscal deficit at 5.1% of GDP

Feb 01, 2024, at 07:07 pm

Exuding confidence that the Modi government will return to power in 2024, Union Finance Minister Nirmala Sitharaman presented an interim "national election year" budget of "no disruption" keeping tax slabs unchanged, focusing on inclusivity, continued economic reforms and listing the achievements of the NDA in the past ten years while refraining from any new populist announcement.

Union Finance Minister Nirmala Sitharaman to present interim budget today

Feb 01, 2024, at 02:54 pm

Union Finance Minister Nirmala Sitharaman will present the interim budget on Thursday, months ahead of the Lok Sabha polls.

India’s fiscal deficit during Apr-Dec narrows to Rs 9.82 lakh cr

Feb 01, 2024, at 07:29 am

New Delhi: India’s fiscal deficit for the first nine months of the Financial Year 2024 stood at Rs 9.82 lakh crore, which ist 55% of the annual fiscal deficit estimate, according to government data.

Budget Expectations: Jindal Stainless advocates long-term duty exemption on ferro nickel and ferro molybdenum for raw material access

Jan 31, 2024, at 05:30 am

New Delhi/Gurugram: Ahead of the Budget 2024-25, Jindal Stainless, India’s largest stainless steel manufacturer has sought continuation of zero customs duty on stainless steel scrap and steel scrap besides pure nickel.

Nirmala Sitharaman to match Morarji Desai's record when she presents sixth straight budget on Feb 1

Jan 27, 2024, at 06:01 am

New Delhi: Finance Minister Nirmala Sitharaman is all set to match the record of former Prime Minister Morarji Desai when she presents her sixth straight budget on February 1.