Page 5 - Arup Roychoudhury

Reserve Bank of India, IFSCA likely to frame fresh norms for GIFT City

The finance minister has announced ways to make regulations and clearances for GIFT City streamlined

Widening deficit: Worries persist over FY24 current account balance

CAD may be better than expected in FY23, but India won't be completely out of the woods next year, says official

5 PSU insurers have Rs 347-crore exposure to Adani firms: FinMin

Earlier this month, Finance Secretary TV Somanathan had termed the Adani issue a 'storm in a teacup'

If needed, will allocate more for NREGA, says FM Nirmala Sitharaman

Sitharaman said the government chose the capital expenditure route to revive the economy because of its greater multiplier effect

Rs 1.5-trn spending rationalisation helps govt meet FY23 deficit target

Without the expenditure rationalisation, the Revised Estimates (RE) for the Centre's total spending would have been about Rs 43.4 trillion instead of Rs 41.9 trillion

Vivad se Vishwas-II scheme looks to settle financial disputes only

Centre notifies the scheme; disputes with states govts, another pvt firm not covered

Will get fitment panel to look into 28% GST for cement: FM Sitharaman

Urges industry to ensure its output is compliant with sustainable development goals, says this is crucial for negotiating non-tariff barriers arising out of environmental concerns around the world

PM Awas, Jal Jeevan to create rural jobs, justify MGNREGS cut: CEA

The CEA also said that as nominal and real GDP growth improve, many more urban jobs will be created and that will also absorb more of the rural workforce

Sitharaman to begin post-budget outreach in Mumbai, meet business leaders

Finance Minister will travel to more cities, explain what the budget contains for various stakeholders

Our capex increase accounts for global slowdown: Finance secy TV Somanathan

"The government's welfare schemes are quite large, comprehensive, well spread and the emphasis is on implementation rather than on budget provisions"

Call on FY24 green bond, H2 borrowing to be taken together: Ajay Seth

We are at 57 per cent of GDP for the central government, we have to see that every year we nibble away may be a percentage point, said Ajay Seth, Economic Affairs Secretary

Want to make exemption-free tax regime attractive for people: FM Sitharaman

Sitharaman said large macroeconomic considerations had been kept in mind, and fiscal consolidation had not been ignored

Budget 2023: FM sticks to fiscal road map, targets deficit of 5.9% in FY24

The fiscal deficit is the difference between the government's expenditure and revenues when the former is higher

We shouldn't be mechanical about fiscal deficit targets: CEA Nageswaran

In an exclusive interaction with Arup Roychoudhury and Asit Ranjan Mishra, V A Nageswaran said that budget deficit targets should be solely decided by debt levels are sustainable

Eco Survey projects FY24 GDP growth at 6-6.8%, sees investments picking up

Commodity prices will raise total import bill and add to unfavourable developments in current account balance, it says

From capex to taxation, four things to look out for in Union Budget 2023

This is the last full budget before the 2024 Lok Sabha elections, and will be tabled amidst a global slowdown and unprecedented geopolitical uncertainty

Budget 2023-24: With all eyes on growth, it's over to FM Sitharaman

Even as India is a relatively bright spot in the global economy, most of its big trading partners in the West, and China are bracing for a deep slowdown and, in some cases, a recession

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

The Modi government will present its last full Budget on February 1 as the 2024 Budget will be a vote on account because the nation will be heading for the hustings from April next year

Tax cut, restoration of OPS on citizens' Budget wish list this year

Halwa ceremony tomorrow will mark the final preparations

Realistic approach: Budget 2023 likely to steer clear of populist measures

Top policymakers comfortable with 6-6.5% growth in FY24