BUDGET ALLOCATIONS
Budget 2024: Sitharaman can help weave Indian textile industries' golden fortune with PLI extension to garment sector, MSME funding India, the world's sixth largest textile and apparel exporter, faces challenges in achieving its textile export goals. The government aims to achieve $600 billion in textile exports by 2047, but the sector faces challenges such as geo-political unce...
05 Jul, 2024, 11.29 AM ISTSitharaman may focus on affordable housing in Union Budget: Former HDFC CEO Keki Mistry BUDGET 2024: Finance Minister Nirmala Sitharaman is expected to prioritize affordable housing in the upcoming Union Budget, former HDFC CEO Keki Mistry stated. Real estate developers are advocating for tax rationalization, more funds for the SWAMIH ...
05 Jul, 2024, 10.22 AM ISTETMarkets Smart Talk: Allocation towards Atmnanirbhar Bharat, infra and digitisation likely in final Budget 2024: Sandeep Raina The markets are reacting positively in anticipation of a good budget with a focus on infrastructure spending and the reappointment of key ministers has been perceived positively.
04 Jul, 2024, 09.02 AM IST- ADVERTISEMENT
Union Budget 2024 measures can upgrade India's supply chain in its bid to match up with China BUDGET EXPECTATION: Finance Minister Nirmala Sitharaman, through Budget 2024, may introduce measures to strengthen India’s supply chain and manufacturing sector. This aligns with India’s strategic pivot to become a global manufacturing alternative t...
02 Jul, 2024, 04.22 PM ISTWhich are the best asset classes to own over 1-year, 3-year & 5 years? Nilesh Shah answers Nilesh Shah says up to one year, he will recommend an arbitrage fund for a high taxpayer or debt funds, money market funds and short-term bond funds where one could have the limited benefit of a drop in interest rates. Between one to three years, on...
25 Jun, 2024, 08.36 AM ISTJigar Mistry on five sectors where investors can allocate fresh capital Mutual funds, if you look at the smallcap number of folios, that has gone up 4x in under three years. We have now more smallcap folios than midcap or largecap number of folios.
24 Jun, 2024, 03.56 PM ISTBudget wishlist from agriculture & MSMEs stakeholders: Sops, infra push, easy loans and PLI schemes Stakeholders from the agricultural sector and MSMEs provided key suggestions to Finance Minister Nirmala Sitharaman during pre-budget consultations. Suggestions included rationalizing fertilizer subsidies, boosting agricultural infrastructure invest...
22 Jun, 2024, 12.20 AM ISTWhy the Government needs a Budget: Understanding the importance and role Union Budget 2024: Any political party that assumes government, whether through majority or coalition, in India shoulders significant responsibilities towards society, politics, and the economy. It is crucial to allocate resources in a manner that f...
21 Jun, 2024, 12.52 PM ISTBudget 2024: Five steps of India's Budget formation explained Budget 2024: The Union Budget, crafted annually by the Department of Economic Affairs within the Ministry of Finance, functions as a comprehensive financial blueprint for the nation. It details projected revenues and expenditures for the forthcoming...
21 Jun, 2024, 12.51 PM ISTBudget 2024 FAQs: Quick guide on how to read and understand the Budget Budget 2024 FAQs: The Budget acts as a detailed plan outlining the government's anticipated income and spending for a fiscal year, covering from April 1 to March 31 of the subsequent year. This financial blueprint is pivotal in defining the nation's...
21 Jun, 2024, 08.00 AM ISTDon't scrimp on train travel safety More than 22 million Indians travel daily in over 13,000 passenger trains, emphasizing the importance of safety measures in the wake of the Sealdah Kanchanjungha Express incident and the limited operationality of the anti-collision system, Kavach.
18 Jun, 2024, 11.23 PM ISTSubsidy allocation likely to stay at Interim Budget mark of Rs 4.1 lakh crore The Centre aims to reduce the fiscal deficit to 5.1% of GDP, with allocations for food and fertiliser subsidies slightly lower than previous estimates. Plans include reducing dependency on imports for better fertiliser subsidy management.
18 Jun, 2024, 12.20 AM ISTETMarkets Smart Talk: There will be FOMO among long only FIIs in Modi 3.0: Sorbh Gupta On the day of the result, the market experienced increased volatility. But we anticipate that this volatility will lessen over the coming days and that the market's attention will eventually switch to macro and solid fundamentals, which continue to ...
14 Jun, 2024, 09.00 AM ISTPakistan's budgetary allocation for defence falls to 1.7 per cent of its GDP Pakistan allocates Rs 2,122 billion for defense in 2024-25, 1.7% of GDP, consistent with previous year. Defence spending as % of GDP has decreased since 2020. Key military acquisitions funded separately, obscuring exact spending.
13 Jun, 2024, 03.40 PM ISTWhy is it right time to reshuffle your portfolio? Feroze Azeez answers Now if you come to the contemporary situation that general election is over, the mandate of the new government is also reasonably clear, the NDA is going to form a government in 99% of the situations, which is going to be a stable government becaus...
07 Jun, 2024, 09.50 AM ISTHow should investors reshuffle their portfolio? Arnav Pandya answers There are two things. One is that there is political posturing which obviously happens because they are going to go into a negotiation. But till the date on which that swearing can happens, the ministers take oath, all this is just in the whole real...
06 Jun, 2024, 09.40 AM ISTInfra mutual funds among top winners in last 5 years of Modi government Infrastructure sector-based mutual funds, including Quant Infrastructure Fund, Invesco India PSU Equity Fund, and Nippon India Power & Infra Fund, have been top winners in the last five years of the Modi government, offering impressive absolute retu...
30 May, 2024, 10.55 AM ISTCongress wants budget allocation on basis of religion, were going to allocate 15% to Muslims: PM Modi PM Modi accused Congress of wanting to allocate 15% of the budget for Muslims in a Mumbai rally, emphasizing unity over religious division, and criticizing Dr Manmohan Singh, INDI alliance, and Rahul Gandhi for playing politics over religion. He als...
17 May, 2024, 10.47 AM ISTPM Modi alleges SP-Congress' plan to allocate 15% of budget to 'minority' During a rally in Lalganj, Uttar Pradesh, PM Narendra Modi alleged that the SP-Congress alliance plans to allocate 15% of the country's budget to the minority community. He added that while he was accused of engaging in Hindu-Muslim politics, the op...
16 May, 2024, 08.04 PM ISTFalse, outrageous: Congress leader Chidambaram slams PM's 'Congress wanted to allocate 15 pc budget to Muslims' remark Senior Congress leader P Chidambaram refutes PM Modi's false claim of Congress wanting 15% budget for Muslims. He criticizes the PM's divisive tactics, highlighting that there is only one Union Budget as per the Constitution of India. Chidambaram ur...
16 May, 2024, 09.59 AM IST