The 2024 Lok Sabha election results' impact is evident in the differences between Nirmala Sitharaman's interim and Union budgets, but nothing that disrupts the govt's business-as-usual approach.
With fiscal consolidation, the government’s debt-GDP ratio and interest payments to revenue receipts ratio would fall, opening up additional fiscal space for capital spending.
Among the sectoral stocks Bank, Auto, Financial Services, IT, Pharma, Private Bank, Realty, and Healthcare traded in red during the initial hours of the trade.
The ‘Vivad se Vishwas' scheme 2024 will provide a fresh opportunity for taxpayers who, in the absence of the settlement commission, had no options but to litigate.
Reports also look at infra and how it received a substantial boost in Union Budget 2024 with increased spending pledges, along with benefits for middle-class taxpayers.
This is expected to help over 180 govt-recognised space technology startups in India. Govt aims to enhance space sector development 'by 5 times in the next 10 years'.
The BSF, on the other hand, saw its allocations increase to Rs 25,472 crore compared to revised estimates of Rs 25,038 crore in the last financial year.
25 minerals exempted from customs duty. Sitharaman also announced setting up of ‘Critical Mineral Mission’ for production, recycling, and overseas acquisition of mineral assets.
Indian judiciary has a corrosive imbalance between the bar and the bench. Those who supervise the district judiciary do so without the lived experience that is essential for meaningful reform.
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
There is one proven path to prosperity which many of our neighbours to the east have followed, making a success of globalisation. Wish India does the same.
There is one proven path to prosperity which many of our neighbours to the east have followed, making a success of globalisation. Wish India does the same.