This year, a “concise” document on the state of India’s economy – and not a full-fledged economic survey – may be presented for 2024-25 ahead of the interim budget on February 1.
The government does not plan to issue any Green Bonds in April-September, the finance ministry said
The minister clarified that the Rs 35,000 crore outlay comprises Rs 30,000 crore as capital support to OMCs and Rs 5,000 crore to augment India’s strategic petroleum reserves.
'Budget will give a push to building an ecosystem for semi conductors. We have a lot of interest from fabrication units to set shop in India - India’s aim is to build an ecosystem for AI just like what we have done for UPI', says MoS IT Rajeev Chandrasekhar to Moneycontrol on Budget 2023 - watch!
The push to capex, consumption booster and sops to manufacturing in Budget will benefit the likes of banks, infrastructure stocks
Since all PSBs have been nursed back to health, there will be enough suitors interested in the solid deposit franchise and the unmatched distribution strength of PSBs
Notwithstanding an overall drop in FDI in the first half of FY23, inflows have stayed above the pre-pandemic levels, driven by structural reforms
Modi said the Budget, to be presented by Finance Minister Nirmala Sitharaman on February 1, will strive to fulfil people's aspirations and also boost the hopes with which the world is looking at India.
Union Budget 2023 is around the corner and Moneycontol caught up with former finance secretary Subhash Chandra Garg shared his budget wishlist for the banking sector. The ex-finance secy discussed a range of topics including, expansion of DBUs, role of digital lending apps and the recent fall in the crypto market.
IIFL Chairman- Nirmal Jain Talks about Indian equity valuations, FII sell-off, budget expectations, geopolitical issues, Rupee and more in an exclusive conversation with Moneycontrol.
Union Finance Minister Nirmala Sitharaman will present the Union Budget 2023-24 in the Parliament on February 1, 2023. Some of the terms used in the Budget can be difficult to understand. Here’s a Budget glossary with some of the important terms to help you understand Budget ahead of the upcoming annual Budget 2023.
Markets want the government to spend more on targeted high-multiplier sectors, boost rural demand and consumption but also keep fiscal deficit at a manageable level and avoid tinkering with taxes.
FM Nirmala Sitharaman and her number crunchers in North Block will yet again need to tread a fine line, needing to choose between stimulating growth and containing inflation and external risks in the year before the general election
President Ranil Wickremesinghe, who is also the finance minister, had presented the budget on November 14 featuring tax reforms to raise revenue by over 65 per cent.