Thursday, February 2, 2023
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On Camera

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Union Minister of Finance Nirmala Sitharaman with Ministers of State for Finance Bhagwat Kishanrao Karad and Pankaj Chaudhary for the Union Budget presentation in Parliament on 1 February 2023 | Photo: Praveen Jain, ThePrint

FY24 Budget shows policy continuity amid fiscal uncertainty. But path ahead...

Cushion from a high nominal GDP base will not be around in FY24. Budgeted expenditure will be vulnerable to pruning in case of shortfall in revenue realisation.
Indian billionaire Gautam Adani speaks during an interview with Reuters at his office in the western Indian city of Ahmedabad 2 April 2014 | Reuters/Amit Dave/File Photo

Adani Group’s surprising move — cancels fully subscribed Rs 20,000 cr...

Trigger could be news that Credit Suisse won't accept Adani bonds as collateral for loans. Gautam Adani says not ‘morally correct’ to continue with FPO amid stock price volatility.

Defence

India is modernising its armed forces and trying to reduce defence imports | Manisha Mondal | ThePrint

Budget 2023: Defence gets 13% more than last yr. Pensions &...

Capital budget increased to Rs 1.62 lakh crore from 1.52 lakh crore. Navy, Army see substantial increase but allocation for procuring aircraft, aero engines goes down.

Return of the Muslim: From Modi ‘sermon’ to Pathaan to Bharat...

Most key Hindutva/RSS objectives have been achieved, and Modi & BJP now need social calm, at least till summer of 2024. A de-escalation of some sort is on.