BUDGET 2011
How FM Sitharaman can draw the roadmap for India's manufacturing growth in sunrise sectors in Budget India's manufacturing sector is poised for robust growth, targeting a 9.1% CAGR over five years to elevate its GDP share to 20%. Key drivers include strategic reforms, Production-Linked Incentives (PLI), and improved logistics efficiency. The focus ...
16 Jul, 2024, 03.31 PM ISTGerman government averts crisis with budget agreement for Europe's largest economy The German government, led by Chancellor Olaf Scholz, reached an agreement on Friday regarding the 2025 budget and a stimulus package for the country's economy. This resolution concluded a prolonged dispute within Scholz's center-left coalition invo...
05 Jul, 2024, 01.52 PM ISTIndia starts preparing for a China-like population problem Falling fertility rates have left India staring at the spectre of looming demographic challenges that have caused big problems for other Asian powerhouses such as China and Japan. The government is now beginning to plan for an aging India which coul...
24 Jun, 2024, 04.21 PM IST- ADVERTISEMENT
Expect 30-40% growth in air conditioner sales this year: B Thiagarajan, Blue Star B Thiagarajan, MD of Blue Star, discusses the growth and outlook of the AC industry for FY24, including unexpected growth in March and projected growth in April, market hold up post 2023 summer, potential for India to overtake China by 2040-2045, co...
15 May, 2024, 01.59 PM ISTFormer Jharkhand CM Hemant Soren withdraws from SC his plea against HC order Hemant Soren had sought permission from the Jharkhand High Court to attend the Budget session that started on February 23 and came to an end on March 2. On February 28, the high court had dismissed his plea.
01 Apr, 2024, 01.19 PM ISTIndia's GDP shines in Q3, grows at 8.4%; FY24 estimate pegged at 7.6% GDP Q3: An ET poll of 15 economists had expected the GDP to grow by 6.6 per cent in the third quarter. Forecasts varied from 6 per cent to 7.2 per cent for the quarter ended December. Meanwhile, the Reserve Bank of India (RBI) had estimated a growth...
01 Mar, 2024, 07.18 AM ISTInterim Budget: Nirmala Sitharaman says next five years will be of unprecedented development for India Union Finance Minister Nirmala Sitharaman has expressed confidence in India's future, stating that the next five years will bring unprecedented development to the country. In her speech on the government's budget, Sitharaman emphasized the need for ...
01 Feb, 2024, 02.32 PM ISTWhat electric two-wheeler makers need from Budget The Indian EV market continues to expand with rising sales of electric two-wheelers (E2W). E2W sales in FY23 nearly tripled compared to FY22, reaching 7,28,054 units. However, subsidies under the FAME Scheme were reduced, leading to a slowdown in sa...
01 Feb, 2024, 08.18 AM ISTBudget Announcements for EVs: Can Interim Budget get the 'fame' for EVs roaring? FAME SCHEME In Budget: The Indian budget has a significant impact on the electric vehicle (EV) industry's growth trajectory. With the demand for EVs increasing, policies and support through budget allocations become pivotal for both the industry and...
01 Feb, 2024, 07.14 AM ISTBudget 2024: Why these schemes need special awareness drives The National Trust of the Ministry of Social Justice and Empowerment, Government of India, has various schemes for the inclusion of “Divyangjan” into the mainstream.
31 Jan, 2024, 12.47 PM ISTBudget 2024: For sustained, inclusive growth, GoI must press down on twin pedals India needs to grow at about 8% over the next three decades to be classified as a high-income country, according to the World Bank criterion. Crafting the right policy and providing required budgetary support is also critical if a wide section of th...
31 Jan, 2024, 12.23 AM IST13 ways the FM can simplify matters for income tax payers in interim Budget 2024: CII The Interim Budget 2024, will be presented by the finance minister, Nirmala Sitharaman, on February 1, 2024. A few key steps as suggested by CII that would help to rationalise and simplify taxes are as follows.
29 Jan, 2024, 11.37 AM ISTWhy the Budget needs to do something ‘special’ in healthcare The number of individuals with disability is expected to rise and as per WHO, 21% of the population across various continents have some disability or the other.
25 Jan, 2024, 02.13 PM ISTBudget 2024: Sitharaman may significantly enhance allocation for farm sector schemes The government is likely to significantly enhance allocation for key farm sector schemes and push credit in the interim Budget to boost rural economy. Growth in the agriculture sector is projected to decelerate to 1.8% in 2023-24. The government is ...
24 Jan, 2024, 03.39 PM ISTETMarkets Smart Talk: India in a sweet spot; we expect higher allocations from FIIs in 2024: Alok Agarwal FIIs expected to increase allocations in India due to clear growth visibility. Budget 2024 may focus on capex, indigenisation, and manufacturing. Defence, railways, power, capital goods, and real estate likely to be in focus. Pharma sector seeing a ...
16 Jan, 2024, 09.00 AM ISTStocks flirt with longest losing run since 2011 as $100 oil looms With European stocks in and out of the red and U.S. S&P 500 futures barely budged, MSCI's main global equities index which tracks 47 countries was in danger of a 10th straight daily fall, a losing streak not seen since 2011. MSCI's index of Asia-Pac...
28 Sep, 2023, 09.41 PM ISTStudy in Australia: Budget beyond tuition & how part time jobs can help Between July 1, 2022 and May 31, 2023 there were 64,617 student visa applications lodged by Indian nationals outside Australia. According to the Australian Department of Home Affairs website, 75% of student visa applications, applied for in the high...
26 Jul, 2023, 01.13 PM ISTState budgets and what it reflects State expenditure related to administrative services varies greatly across states and over time, according to a data-driven approach. The ratio of expenditure related to administrative services and net state domestic product was measured for each st...
02 May, 2023, 11.42 PM ISTGerman Chancellor to make first stand-alone India visit since 2011 IGC launch India and Germany share a strong economic partnership. Germany is India’s largest trade partner in the European Union and has consistently been among India’s top ten global trade partners. It is also one of the largest foreign direct investors in In...
24 Feb, 2023, 02.47 PM ISTHow Budget 2023 numbers make a whole lot of sense, making it a good, dependable exercise They have raised effective capital expenditure for 2023-24 by 30% to Rs 13,70,949 cr— a size that was never allocated earlier. Will this be spent as budgeted? One hopes it will. The honest answer is that time will tell. But after February 1, none ca...
08 Feb, 2023, 11.33 PM IST