Finance Minister Nirmala Sitharaman presented the last Interim Budget 2024-25 before the elections, which largely remained in line with expectations and focused on fiscal consolidation, infra, agri, green growth, and railways. The government’s demonstration of fiscal prudence in the Budget has been hailed as a positive development for both theRead More →
The government has taken a slew of measures to tame food inflation in recent months including importing pulses and releasing onion stocks at a lower price, finance minister Nirmala Sitharaman said on Tuesday. Speaking on the floor of the Rajya Sabha, Sitharaman said the government has readied stocks to releaseRead More →
The capital infusion by the government comes in support of investments in energy transition projects by the OMCs. The rally picked up by OMC stocks also comes after the Organistation of Petroleum Exporting Countries and its allies (OPEC+) on Thursday signaled it will stick with oil production cutbacks this quarter,Read More →
I expect the Union Budget 2023 to be populous, giving some benefits to support farmers, boost agricultural activities, and provide sops to the mass in rural areas. Finance Minister will continue to focus on fiscal consolidation, domestic manufacturing, infrastructure spending, and increasing employment opportunities. A few avenues to watch outRead More →
According to him, sectors to look out for ahead of Budget 2023 are energy, healthcare and pharma, speciality chemicals, technology and manufacturing. Edited excerpts: 1. Given the predictions of a mild recession, what is your outlook for the market? Any levels you are looking at, for Nifty, Sensex? We doRead More →
The Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022, which was passed by the Rajya Sabha on Tuesday, will not dilute the autonomy of the audit and accountancy bodies, Finance Minister Nirmala Sitharaman said Tuesday, stressing that it will strengthen corporate governance. The Bill,Read More →
Defence procurement under the UPA-led government was nil for 10 years, Union Finance Minister Nirmala Sitharaman said on Monday during a debate in the Rajya Sabha on supplementary spending for the current fiscal. “For people, who are worried about the basic essentials for Defence, for soldiers, for their guns, forRead More →
Finance Minister Nirmala Sitharaman on Tuesday took a swipe at Congress leader Rahul Gandhi for what she called as making uninformed comment on the budget and said he should first implement what he preaches in states governed by his party. Following the presentation of Budget 2022-23 in Parliament, Gandhi dubbedRead More →
