Union Budget: Indian government allocates Rs. 11,11,111 crore for capital expenditure
Jul 23, 2024, at 08:36 pm
Acknowledging the strong multiplier effect of building and improving infrastructure on the economy, the Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman while presenting the Budget 2024-25 in Parliament today announced the provisioning of ₹ 11,11,111 crore for capital expenditure.
Jul 23, 2024, at 07:44 pm
India’s Real growth stands at 8.2 percent and Nominal growth at 9.6 percent in FY 2023-24, Finance Minister Nirmala Sitharaman said on Tuesday while presenting the Union Budget.
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.
Narendra Modi government's Interim Budget likely to set nominal GDP growth at 10-10.5 pct
Jan 08, 2024, at 11:30 pm
The Indian government will present its interim budget on Feb 1, just months before the country is expected to vote in the Lok Sabha polls this year.
Unemployment rates fall from 5.8 pct in 2018-19 to 4.2 pct in 2020-21: Economic Survey
Jan 31, 2023, at 11:46 pm
New Delhi: The Economic Survey 2022-23 tabled by the Minister of Finance and Corporate Affairs, Nirmala Sitharaman in Parliament, on Tuesday states that while the pandemic impacted both labour markets, and employment ratios, now with sustained effort in the last few years, coupled with quick response after the pandemic, and the world’s largest vaccination drive being undertaken in India, labour markets have recovered beyond pre-Covid levels, in both urban and rural areas, as observed in supply-side and demand-side employment data.
Indian stock markets outperform peers in FY 2022-23: Economic Survey
Jan 31, 2023, at 10:03 pm
New Delhi: Economic Survey 2022-2023 highlights buoyant performance of the Indian capital markets in the past year, driven by increased contribution of Small & Medium Enterprises (SMEs) and greater participation of domestic institutional and retail investors.
India's external sector displays position of strength in spite of global headwinds: Economic Survey
Jan 31, 2023, at 08:38 pm
New Delhi: India has been able to face the headwinds to its external sector from a position of strength in the back of strong macro fundamentals and buffers, as per the Economic Survey released on Tuesday.
Sona Group of Education Institutions suggests doubling of allocation for education
Jan 24, 2023, at 12:01 am
Bangalore: Chocko Valliappa, Vice Chairman, Sona Group of Education Institutions' has suggested doubling allocation for education over the next three years.
India Inc praises Union Budget 2021 as growth-oriented
Feb 01, 2021, at 11:39 pm
New Delhi: Indian business fraternity on Monday praised FM Nirmala Sitharaman's budget that was presented at a time when the country is still fighting COVID-19 outbreak.
Jan 20, 2020, at 09:34 am
New Delhi/IBNS: The combined total wealth of 63 Indian billionaires is higher than the total Union Budget of India for the fiscal year 2018-19 which was at INR 24,42,200 crore, a new report from Oxfam said ahead of the World Economic Forum (WEF) in Davos, Switzerland.
Feb 01, 2019, at 05:25 pm
New Delhi, Feb 1 (IBNS): An amount of Rs.1330 Crore has been provided in the Interim Budget for 2019-20 for the Mission for Protection and Empowerment for Women.
Union Budget: Indian government allocates Rs.64,587 Crore for Railways in 2019-20
Feb 01, 2019, at 05:17 pm
New Delhi, Feb 1 (IBNS): In the Interim Budget 2019-20, the Railways has been allocated Rs.64,587 crore.
Business like budget; high on reforms, rural demand & infra: ASSOCHAM
Feb 02, 2017, at 12:24 am
New Delhi, Feb 1 (IBNS): Apex industry body ASSOCHAM today congratulated Prime Minister Narendra Modi and Union Finance Minister Arun Jaitley for giving a truly workman and business-like Budget, with a great focus on rural economy, small and medium enterprises, small income tax payers and importantly bringing reforms in political funding.
Feb 01, 2017, at 11:42 pm
New Delhi, Feb 1 (IBNS): Union Finance Minister Arun Jaitley reduced the rate of taxation from existing 10 per cent to 5 per cent for individual assesses between income of Rs 2.5 lakhs to Rs 5 lakhs.
Finance Minister announces measures for promoting affordable housing and real estate sector
Feb 01, 2017, at 11:25 pm
New Delhi, Feb 1 (IBNS): Making the Scheme for profit-linked income tax exemption for promoters of affordable housing scheme announced last year more attractive, Union Finance Minister Arun Jaitley proposed a number of changes while presenting the General Budget 2016-17 in Lok Sabha on Wednesday.
Feb 01, 2017, at 09:19 pm
New Delhi, Feb 1 (IBNS): The government on Wednesday said with a better monsoon, agriculture is expected to grow at 4.1% in the current year i.e.2016-17 as the total area sown under kharif and rabi seasons are higher than the previous year.
Let Budget be presented on Feb 1, ASSOCHAM to opp parties
Jan 15, 2017, at 09:17 pm
New Delhi, Jan 15 (IBNS): Making a strong appeal to different political parties to let the Union Budget for 2017-18 be presented to Parliament on Feb 1, the apex industry chamber ASSOCHAM on Sunday said the advancement to this effect would help the government to begin its capital and other expenditure right from April and revive the much needed economic growth.