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Bud Expert Opinions

Budget 2023 increases municipal bond issues to improve civic finances for infrastructure

The government will incentivise civic bodies to improve their finances & set up an Urban Infrastructure Development Fund to create urban infrastructure in tier-II & tier-III cities.

Sitharaman announces Agriculture Accelerator Fund in Union Budget to encourage agri-startups

The Finance Minister said the government proposes to increase the agricultural credit target to Rs 20 lakh crore with a focus on animal husbandry, dairy, and fisheries.

Inclusive development to green growth — Sitharaman lists 7 priorities of Budget 2023

The seven key priorities are inclusive development, reaching the last mile, infra and investment, unleashing the potential, green growth, youth power and financial sector.

India’s GDP to grow at 6.2% in FY24, rising interest payments a concern, says UN report

The report noted that the rising interest rates signify that interest payments could be higher than the entire education budget of a few years ago.

Union Budget 2023 to focus on deficit reduction. Education, defence funds likely to grow

Officials said funds towards health, education and defence are likely to grow at not more than 10% to 12% for the current year

India’s FY24 gross borrowing could be less than expected -economists

MUMBAI (Reuters) - India's central government's gross market borrowings for 2023/24 could come in below market expectations as a pool of securities raised to compensate states for a shortfall in goods

Newsrooms, consultancies all abuzz but missing key question: Is Budget important anymore?

When GST was rolled out in India, proposals pertaining to 45-50 per cent of the government’s tax revenue were taken out of the Budget and placed under the GST Council.

On Camera

India’s IT firms must reduce dependence on North America, think long term

India’s IT services companies are not holding firms. They should focus on creating long-term value for shareholders instead of returning cash to keep share values up.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

60 yrs on, veterans recall lessons from 1965 India-Pakistan war. ‘Equipment alone doesn’t win battles’

A common thread runs through the memories of soldiers of the 1965 war—ingenuity, courage and camaraderie that withstood an apparently technologically superior foe.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.