Higher capex will improve growth prospects
Rating agencies must take note of the country's transparent fiscal consolidation path, FM says
Inaugurating the real estate association NAREDCO's National Convention, he said real estate is the most critical factor in India becoming a developed nation and reaching a USD 30 trillion economy
Banerjee made the remark during a dharna in Kolkata, which began earlier in the day to demand the state's "dues" from the Centre for various social welfare schemes
Such prudence also seems to have influenced the Finance Minister's fiscal consolidation efforts
He said only the base figure of the demand (Rs 25,000 and Rs 10,000) will be the "deciding factor" for such cases and not the interest amount riding on the basic demand over the years
Besides, he said, the government has projected a slight increase in non-tax revenue from a high base during the current financial year
Union Budget 2024 Live Updates: Catch all the latest updates here
Provisions related to R&D "hopefully trigger some greater private sector investments in R&D. Announcement of a new scheme for strengthening deep-tech technologies is good for startups also
It carefully allocates public resources and commits to reduce the country's fiscal debt
India's gender Budget was specifically started in 2005-06 to view the budgetary exercise through a gender lens and to ensure that the benefits of development do not exclude women
Finance Minister Nirmala Sitharaman in her budget speech on Thursday said India is negotiating BITs with different countries in the spirit of 'first develop India'
Focus on technology and encouraging research and development to fuel innovation
He underscored the mutual recognition that both the United States and India are leading global job creation and prosperity
The Interim Budget 2024 is expected to undergo thorough scrutiny and debate in the coming days in Parliament as stakeholders assess its potential impact on the nation's economic trajectory
Why is this Budget more than interim? Did the interim Budget tick the right boxes? What do fiscal targets mean for bond, equity markets? Top Budget numbers and what they mean. Find out here
Here is the best of Business Standard's opinion pieces for today
Proposal will give 'some breather' business set up in GIFT city, she says
Our government stands committed to strengthening and expanding the economy with high growth, and to creating conditions for people to realise their aspirations, she said
But no increase in PM-KISAN amount surprises experts