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.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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.