Check the full text of Nirmala Sitharaman's speech for Union Budget 2025
Shipping stocks fell up to 3 percent as the Budget 2024 lacked significant sector-specific announcements, although reforms in ownership, leasing, and flagging were mentioned to boost the Indian shipping industry.
Realty stocks gain after FM Sitharaman announced Rs 11 lakh crore capex outlay and Rs 10 lakh crore allocation for rental housing.
Ahead of the budget announcement, the sole index winners were Nifty Realty and Nifty FMCG.
Union Budget 2024 Live | FM Nirmala Sitharaman’s Full Budget Speech | Budget Session In Parliament
Even though the Union Budget stepped away from lining up populist measures in the election year, it did provide some stock-specific measures that brought cheer to pockets within the market
Budget 2024 Highlights: Ministry of Defence has received a robust budget of Rs 6,500 crore for Border Roads Organisation in the financial year 2024-25, marking a 30% increase from the previous fiscal year, the Defence Ministry said. DRDO's Budget saw a boost to Rs 23,855 crore and the Indian Coast Guard’s budgetary allocation increased this year by 6.31 percent to Rs 7,651 crore.
Budget 2024: Finance Minister Nirmala Sitharaman has explicitly ruled out any 'spectacular announcement' for her upcoming sixth budget, clarifying that the budget, scheduled to be presented on February 1, will be a vote-on-account ahead of the general elections.
India's growth at 7 per cent in the current fiscal is the highest among major economies and the Indian economy is on the right track, she said in her Budget speech.
Budget 2022: Finance Minister Nirmala Sitharaman had on Tuesday unveiled a bigger Rs 39.45 lakh crore budget, with higher spending on highways to affordable housing with a view to fire up the key engines of the Indian economy to sustain recovery from the pandemic.
Budget 2022 | Big-bang announcements to spur consumption were missing but a host of initiatives on creating employment opportunities as well as a 35 percent increase in capital expenditure would help in boosting demand in the long to medium term, say experts.
Budget 2022 | Analysts say the push for domestic production of oilseeds are positive for the consumer goods companies
Budget 2022: There was no change to income tax slabs in the personal income tax category in the Union Budget.
Budget 2022: The National Institute of Mental Health and Neurosciences (NIMHANS) will be the nodal centre for the tele mental health programme and IIIT, Bangalore will provide tech support for the programme.
“This budget seeks to lay the foundation and give a blueprint to steer the economy over the Amrit Kaal of the next 25 years – from India at 75 to India at 100,” the FM said in her shortest budget speech.
Budget 2022: Nirmala Sitharaman's Budget speech begins at 11 am on February 1.
In February 2020, FM Nirmala Sitharaman spoke for a record 162 minutes — two hours and 42 minutes — in Lok Sabha. FM Sitharaman only had two pages of her Budget speech unread, when she appeared uneasy and her Budget speech was cut short.
Looking at the time duration of the budget speeches, this FM holds the record of delivering the longest speech in the parliament. Find out.
Sitharaman had on February 1 given a curtailed 161-minute speech presenting the Budget 2020-21. This bettered the record of the previous longest Budget Speech made by her in July last year.
The sale, being considered for October, would be in either the yen, euro or the dollar
Poorva Prakash, Senior Director – Deloitte India, also joins in to tell us how life changes for individual taxpayers after the Union Budget and how much the additional surcharge announcement will impact the HNIs.
Overall, the budget has responded comprehensively to the sector’s requirements by way of adequate fund allocation, better understanding of regulatory shortcomings and streamlining foreign investments into the economy.
Clear winners from the Budget are NBCC, L&T; and Cement manufactures such as UltraTech Cement, ACC. Infrastructure push to continue with more rigour
Live updates of FM Nirmala Sitharaman's maiden Aam Budget — first for the Modi government 2.0 — and the subsequent developments
While laying emphasis on various reforms for women empowerment, Sitharaman quoted from a letter by Swami Vivekananda