India’s first budget since Narendra Modi was reelected as prime minister for a third term focused on creating jobs and supporting local businesses and infrastructure without blowing out the deficit.Finance minister Nirmala Sitharaman announced a $24 billion package, with employment-linked measures for businesses to help spur jobs, skilling programs for India’s youth and women, as…
NEW DELHI: The BJP launched a fresh attack on the Congress on the eve of the budget session in Parliament, claiming that the pocket-version of the Constitution frequently displayed by Rahul Gandhi and other leaders highlights the opposition party’s disrespect for the document.BJP MP Anurag Thakur asserted that if Rahul Gandhi studies this copy, he…
Congress on Saturday escalated attacks on the central government regarding alleged irregularities in the UPSC examination following the resignation of UPSC chairman Manoj Soni amidst the controversy surrounding trainee IAS Pooja Khedkar.Congress chief Mallikarjun Kharge on Saturday accused the BJP-RSS of systematically taking over India’s constitutional bodies, damaging their reputation, integrity, and autonomy.Kharge expressed concern…
NEW DELHI: Even as the Modi govt signalled continuity in governance by retaining key ministers and officials in its third term, it is also waking up to the new reality of giving due space to allies. This is reflected in two recent moves when all five Cabinet ministers from its allies were made “special invitees”…
Indian gold demand stayed subdued due to elevated prices, with buyers delaying purchases in anticipation of a potential import duty cut in the forthcoming budget. Meanwhile, demand in China also saw a decline. Prime Minister Narendra Modi’s government is expected to present India’s budget in July. “Expecting an import duty cut in the budget, some…
Budget 2024 income tax expectations: The Modi government is mulling over the possibility of reducing personal tax rates for specific groups of individuals, according to two government sources who spoke to Reuters. This move has the potential to stimulate consumption in India, which is the third-largest economy in Asia. The sources, who requested anonymity due…
Budget 2024 date: The Union Budget 2024 is likely to be unveiled by Finance Minister Nirmala Sitharaman on July 22. This will be the first comprehensive Budget presented by the Modi 3.0 government since assuming office.Prime Minister Modi’s administration will prioritize addressing the challenges faced by the agriculture sector, creating jobs, sustaining the momentum of…
IPOs galore! Over two dozen Initial Public Offerings (IPOs) are expected to hit the primary market in the coming two months. The companies could collectively end up raising over Rs 30,000 crore. The return of the Modi government for a third term has renewed investor confidence, signaling a period of stable governance and policies.According to…
Budget 2024: The Union Budget 2024, likely to be presented by Finance Minister Nirmala Sitharaman in early July, is expected to outline the Narendra Modi government‘s vision for the next five years. It will also be closely monitored for the next-generation reforms that the finance minister announced in the interim budget in February.As Sitharaman returns…
NEW DELHI: Despite not being named in the new BJP-led NDA government’s list of ministers, outgoing Union Minister Anurag Thakur expressed his unwavering commitment to the party and its mission. On Sunday, Thakur reaffirmed his dedication to working as a BJP worker to support PM-designate Narendra Modi’s vision of making India a developed country.In his…
