FISCAL YEAR 2024 2025

The government aims to reduce the fiscal deficit to 4.9-5% of GDP in the upcoming Budget, down from the projected 5.1%. Finance Minister Nirmala Sitharaman plans to maintain Rs 11.1 lakh crore in capital expenditure while leveraging revenue buoyancy...

“When government spending on capex was raised from 1.5% of GDP to over 3% of GDP, that provided a positive impulse to growth. It cannot continue with that kind of growth rate anymore and will flatten out. So, it will be around 15% for capex growth a...

One big change in the final budget could be an increase in rural expenditure including higher spends on affordable housing. RBI’s extraordinary dividend of Rs 2.1 lakh crore and impressive tax collections give the government the power to increase ex...

Direct tax collections have seen a significant increase of nearly 20% to ₹5.74 lakh crore in FY25 so far, with personal income tax flows driving the surge. The government may have more fiscal flexibility in the upcoming budget presentation. Corporat...

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...

Crisil reports average crude oil prices are expected to rise to $83-$88 per barrel in fiscal 2025 from $83 in the previous year. This increase may strain India’s fiscal budget, given its reliance on crude imports. The report also projects India's re...

Budget Expectations: Finance Minister Nirmala Sitharaman will present her seventh full budget on July 23. Known for fiscal prudence, aggressive capital expenditure, and boosting manufacturing, her previous budgets lacked populist proposals. With cha...

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...

Budget expectations: The upcoming full Budget for 2024-25 under Prime Minister Narendra Modi's government aims for fiscal prudence with a focus on a fiscal deficit target of 4.9%. SBI Research recommends not being overly fixated on this goal. The go...

Fiscal Deficit of India 2023-24 | Finance Minister Nirmala Sitharaman's 2024 Budget, scheduled for July, aims to navigate India's fiscal deficit amidst varied economic priorities and coalition dynamics. With fiscal discipline crucial, the Modi 3.0 g...

FedEx anticipates strong profits in fiscal 2025, considering strategic actions like potential freight business sale and ending the unprofitable postal service contract. Despite market challenges, FedEx's revenue grew amidst cost-cutting measures and...

Adani Group plans to increase FY2025 capital expenditure to Rs 1.3 lakh crore ($15.6 billion) from Rs 70,000 crore. Adani Green Energy will allocate 340 billion rupees to add 6 gigawatts of capacity. The conglomerate aims to leverage India's infrast...

Union Finance Minister Nirmala Sitharaman chaired a pre-budget meeting with state and union territories finance ministers at Bharat Mandapam for suggestions on the upcoming Union Budget, after previously consulting with economists and industry exper...

India's airline industry is projected to face widening losses of $400-600 million in fiscal 2025 due to escalating costs despite increased passenger demand. CAPA India forecasts a rise in yields by 1% this year, with overall costs to increase by 3.8...

Dogeverse is wrapping up a hot presale, raising over $15 million. Investors have a final chance to buy $DOGEVERSE, a new meme coin with price predictions for 2024-2030.

Nepal will legalise marijuana cultivation and consumption for medicinal purposes, Finance Minister Barsha Man Pun announced on Tuesday while presenting the government's budget estimates for the 2024-35 fiscal year. Addressing the joint session of Pa...

a Commercial Design & Build startup AirBrick Infra aims for 3 times growth in sales for FY25.

20% of gen AI PoCs in India were in production in FY 2024. FY 2025 expects revenue growth, AI agent bots deployment in customer service, sales, underwriting, document intelligence.

Nintendo will announce its next gaming console, the successor to the Nintendo Switch, by March 2025. This follows a strong fiscal year 2024 with 15.7 million Switch consoles sold.