Budget 2024 News

New duty structure for Interactive Flat Panel display to create Rs 10,000-cr mkt; to help Dixon's display plans 

Dixon will invest in an assembly line of interactive flat-panel display TVs and parts, and the production will start in collaboration by September this year.

GCC framework proposed in Budget for Tier 2, 3 cities can boost real estate demand, say experts

India is home to more than 1,600 GCCs, employing more than 1.5 million people. In 2024, 28 percent of all office space leased was to set up GCCs

Tax proposals in Budget to boost flows into stock markets, says NSE CEO Ashish Chauhan

Finance Minister Nirmala Sitharaman presented the Budget in parliament on February 1. Along with a slew of changes, she announced a rehaul of the existing tax slabs under the new tax regime, effectively hiking the tax rebate limit to Rs 12.75 lakh.

Sensex ends marginally in the green after falling on last two Budgets, capex concerns weigh on sentiment

More than 1800 stocks ended in the red even as gainers at 2084 outnumbered the declines by a slight margin

Raamdeo Agrawal says Budget a boost for consumption names like Zomato, others

Raamdeo Agrawal has welcomed the Union Budget 2025, and said that the Finance Minister has ensured additional money at the hands of the people, which was a much-needed step.

Budget 2025 presents fresh investment opportunities in consumer discretionary plays, says Prashant Khemka

Beyond consumption, Khemka also expressed optimism about the IT services sector

Short-Term Volatility, Long-Term Uncertainty: Budget 2025's impact on markets

One big hope for the market is that the tax relief provided by the finance minister will help increase domestic investment.

What FM Sitharaman's latest Budget means for taxpayers

In a major change, the new tax slabs for the income tax regime now exempt individuals earning up to Rs 12 lakh annually from paying any taxes.

PM-KISAN's allocation raised to Rs 63,500 crore in Budget 2025

PM-KISAN is a Union government programme designed to support all landholding farmer families across the country

Budget 2025: Ramp-up in PMAY-Urban 2.0, new allocation for industrial housing

The PMAY-U 2.0 was announced by the Union government in August 2024, with implementation for a five year period starting from September 1, 2024. The rental housing scheme for industrial workers, on the other hand, will be funded by the Union and state governments on a viability gap funding basis, with private entities required to fund the rest

Health insurance for gig workers is 'worthy' move: Swiggy on Union Budget

Dinker Vashisht, Vice President of Corporate Affairs at Swiggy, said, however, that the Centre’s decision to cover gig workers under health insurance through the PM Aarogya Yojana is a worthy one, though more details are awaited.

For stock market traders, it’s business as usual after Budget 2025

Markets ultimately focus on core issues such as earnings, business prospects, the currency and inflation. Traders should continue to exercise caution

How will Budget 2025 impact fixed income investments, debt funds?

Post the budget, India's 10-Year benchmark yield was trading 0.016 percent higher, at 6.694 percent.

FM Nirmala Sitharaman delivers her second-shortest Budget speech

Dressed in an off-white coloured handloom silk saree with fish-themed embroidery and a golden border -- a tribute to Madhubani Art, Sitharaman delivered her speech. Her remarks on no income tax up to income of Rs 12 lakh received the loudest cheer.

Budget 2025 a visionary roadmap for developed India, says JP Nadda

"By focusing on the four engines -- agriculture, MSME, investment, and export -- the "Viksit Bharat Budget 2025" will drive the aspirations of poor, youth, farmers and women, ensuring that no one is left behind on the road to progress," Nadda said.

'Band-aid for bullet wounds': Rahul Gandhi attacks Centre over Budget 2025

Amid global uncertainty, solving our economic crisis demanded a paradigm shift. But this government is bankrupt of ideas, says Rahul Gandhi.

FMCG stocks' underperformance 'should bottom out today', says Amit Jeswani of Stallion Asset

The anticipation of a bottoming out of FMCG underperformance comes after months of subdued demand conditions in the FMCG space, with overall growth disappointing.

Health ministry's outlay up 10% to Rs 99,858.56 crore for FY26

Of the total, Rs 95,957.87 crore has been set aside for the department of health and family welfare and Rs 3,900.69 crore for health research department

Government holds capex steady, with key support to defence, power, and railways

Delivered a negative surprise to the defense sector

A sizeable boost for urban consumption in Budget, will private capex revive now?

Significant tax savings for the middle class should lead to higher spending on consumption, bringing cheer to investors in consumer stocks. The bigger impact could be in encouraging these companies to invest in capacity

FY26 food subsidy bill pegged at Rs 2.03 lakh crore, up 3%

The entire amount will be spent under the Pradhan Mantri Garib Kalyan Anna Yojana, which was extended by five years in November 2023

Tax relief may not be enough to boost economic growth, Moody's on Budget 2025

India, on Saturday, said that people earning up to Rs 12.8 lakh ($14,800) per year will not have to pay any taxes

Medical colleges to add 10,000 seats in FY26, says Nirmala Sitharaman

The seats are being added with the aim to take the number to 75,000 over the next five years