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…
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in trade on Thursday as the market reacted positively to the NDA forming the government in the coming days. While BSE Sensex moved above 75,000, Nifty50 was over 22,800. At 10:30 AM, BSE Sensex was trading at 75,106.91, up 725 points or…
Finance Minister Nirmala Sitharaman, has hit out at the opposition’s claims of Public Sector Undertakings (PSUs) being in disarray under Narendra Modi government, by listing 10 points on the performance of these entities.In a post on X (formerly Twitter), Sitharaman has said that the collective market capitalization of the 81 publicly traded PSUs has experienced…
NEW DELHI: Congress slammed home minister Amit Shah for his recent comments suggesting that China has not encroached any Indian land under the Modi government. The party said that by giving a “clean chit” to China, the ruling party is making it more challenging for India to address the issue of illegal encroachment.He emphasized that…
