ECONOMISTS EXPECTATIONS
India’s world-beating GDP growth can’t sustain over time unless FM Sitharaman fixes this in the Union Budget Budget 2024 and Private Investment | Private consumption and investment are key concerns for Finance Minister Nirmala Sitharaman ahead of the Union Budget. Q1FY25 saw new private investment plans hit a 20-year low at Rs 44,300 crore. Despite recent ...
15 Jul, 2024, 01.58 PM ISTUnion Budget 2024 may test Modi govt’s fiscal prudence as it attempts to fulfil Lok Sabha manifesto promises Budget 2024: Modi is back in power with a stronger reliance on the NDA coalition, and FM Nirmala Sitharaman is expected to maintain fiscal prudence. The Centre has a target of bringing down India's fiscal deficit for FY25 to 5.1% of GDP, which exper...
12 Jul, 2024, 09.55 PM ISTUS consumer sentiment ebbs in July; inflation expectations improve The University of Michigan's survey shows a decrease in consumer sentiment in July, with improved inflation expectations for the future. One-year and five-year inflation outlooks have slightly dropped compared to June. Election uncertainty remains a...
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Economists seek lower import tariffs at pre-budget meeting with PM Modi In a pre-budget meeting in New Delhi, Prime Minister Narendra Modi met with economists who recommended reducing import tariffs on intermediate goods, lowering interest rates, signing more free trade deals, and cutting logistics costs to boost export...
11 Jul, 2024, 11.54 PM ISTTake steps to accelerate growth: Eminent economists tell PM ahead of Union Budget Eminent economists urged PM Modi to prioritize economic growth and infrastructure in the upcoming budget during a NITI Aayog meeting. Finance Minister Sitharaman will present the 2024-25 budget on July 23, focusing on accelerating growth and agricul...
11 Jul, 2024, 09.37 PM ISTWill Nirmala Sitharaman under-promise and over-deliver in Budget? BofA predicts Finance Minister Nirmala Sitharaman is set to present her seventh consecutive Union Budget, expected to include an effective tax rate cut, increased subsidies for cooking gas, interest rate subventions for rural and urban housing, special financial ...
11 Jul, 2024, 06.39 PM ISTIncome tax cut in Union Budget 2024: India’s middle-class is asking for it but may not get it BUDGET TAX RELIEF: Despite yearly budget hopes, India's middle class likely faces disappointment again over tax cuts amidst inflation. Both citizens and industry seek relief, especially for lower-income earners. However, there is a chance that fisca...
11 Jul, 2024, 12.42 PM ISTThe road to a $1 trillion digital economy: A tech lawyer’s wish-list for Budget 2024-25 The post-election budget is expected to support digital public infra (Aadhaar, UPI, DigiLocker), UPI and RuPay incentives, tech manufacturing, cybersecurity, AI, deep tech in healthcare and agriculture, and skilling initiatives under the Skill India...
09 Jul, 2024, 08.04 PM ISTBudget 2024: Watch her words - Important clues to Sitharaman's upcoming budget Budget Expectations: After the BJP formed a government with allies due to a lack of majority, Nirmala Sitharaman's reappointment as finance minister signaled policy continuity. Despite the interim budget not allowing major announcements, her prudenc...
09 Jul, 2024, 02.49 PM ISTUnion Budget 2024 may see Modi government fasttracking reforms to focus on unfinished agenda from previous term Budget 2024: Market experts predict Prime Minister Narendra Modi’s third term will prioritize unfinished reforms from his previous tenure. The Union Budget 2024-25 is expected to focus on boosting income opportunities, rationalizing taxes, driving t...
09 Jul, 2024, 12.36 PM ISTBudget 2024: Time for Modi 3.0 to focus on rural India and jobs Budget 2024 Expectations: India's budget may targets rural economy, job creation, and a 5.1% fiscal deficit. Focus includes labor-intensive sectors, MSME credits, services exports, and agricultural infrastructure, addressing unemployment and inflati...
08 Jul, 2024, 03.45 PM ISTUnion Budget consultations done, Sitharaman set to announce measures and reforms on July 23 Budget expectations: Finance Minister Nirmala Sitharaman completed pre-Budget consultations with diverse stakeholders, setting the stage for presenting her seventh Union Budget on July 23. This first full budget of Modi's third term aims to steer In...
07 Jul, 2024, 02.27 PM ISTCan Modi government stick to interim numbers in upcoming Budget 2024? Here's what Sitharaman had to say UNION BUDGET: Before the 2024 Lok Sabha elections, Finance Minister Nirmala Sitharaman had indicated that the BJP-led NDA government would adhere to the fiscal measures outlined in the Interim Budget, emphasizing fiscal prudence and continued capita...
03 Jul, 2024, 05.26 PM ISTIndia's rating upgrade possible in next 24 months if fiscal deficit falls to 4%: S&P India could receive a sovereign rating upgrade in the next 24 months if the central government manages its finances prudently and reduces the fiscal deficit to 4% of GDP. The trigger for the upgrade would be a general government deficit falling belo...
03 Jul, 2024, 05.12 PM ISTBudget 2024 may see Modi govt hiking rural housing subsidy by 50% following Lok Sabha disappointment India plans a substantial increase in rural housing subsidies in the upcoming federal budget, potentially exceeding $6.5 billion, up by 50% from the previous year. This initiative aims to address rural economic distress and boost infrastructure spen...
03 Jul, 2024, 03.46 PM ISTBudget 2024: How about a 'Robot Tax' in Budget? Economists pitch the idea for AI-hit jobs Union Budget: Economists discussed the upcoming Budget with Finance Minister Nirmala Sitharaman, focusing on growth, fiscal policy, investment, private sector involvement, food inflation, and debt. Key topics included the impact of AI on employment,...
20 Jun, 2024, 02.04 PM ISTBubble of all bubbles? US economist predicts a 2025 stock market crash, likely worse than 2008 crisis Economist Dent warns of a 2025 stock market crash worse than 2008 crisis, attributing it to artificial bubble building post-Covid pandemic. He analyzes global economies, highlights economic devastation, and predicts a crash driven by inflated asset ...
12 Jun, 2024, 03.49 PM ISTEconomists expect big-bang reforms to continue under Modi 3.0 Modi is set to be sworn in for third term as India's Prime Minister in coalition government with key partners Telugu Desam Party and Janata Dal (United). Economists anticipate focus on economic reforms to achieve goal of Vikshit Bharat by 2047. Budg...
09 Jun, 2024, 04.39 PM ISTModi retaining power under changed circumstances to make reforms challenging: Economists Economists warn that PM Narendra Modi's retention in power after the general elections under 'changed circumstances' will pose challenges for implementing critical reforms.
04 Jun, 2024, 10.29 PM ISTUS private payrolls beat expectations in April The ADP Employment report revealed that U.S. private payrolls exceeded expectations in April, with an increase of 192,000 jobs, following an upward revision of 208,000 jobs in March. Economists had predicted a rise of 175,000 jobs for April. This re...
01 May, 2024, 06.19 PM IST