Page 6 - Arup Roychoudhury

Govt may not amend FRBM Act again, but aims for 5.5-6% deficit in FY24

The Finance Ministry is likely to stick to its internal fiscal consolidation roadmap

Big states lag on capital expenditure front despite Centre's support

Economists say many poll-bound states chose to focus on scheme and subsidy spending

Despite support from Centre, big states lagged on capex in FY23

Due to crucial state elections in 2022 and 2023, many state administrations chose to focus on scheme and subsidy spending

India Inc business confidence hits a 2-year high in third quarter

Industry seeks hold on interest rates from RBI

Opportunities for India amid global headwinds, says PM Narendra Modi

PM Modi underscored 'Nari Shakti' as a key driver of India's growth

India keen to present views of 'global south' at G-20: FM Sitharaman

Strengthening of multilateral institutions a priority, she says as country outlines its vision as G20 president

Cost of living crisis, digital inequality among risks for India: WEF

World faces unsustainable levels of debt, era of low growth, de-globalization: Report

Budget 2023: A look back at some major announcements in previous Budget

Here is a brief status check of some initiatives that the Finance Minister touched upon in the Union Budget 2022

Ease lending norms for artisans, weavers: Amit Mitra to FM Sitharaman

For artisans, Mitra said, out of 48,153 applications, 29,656 were rejected in the same six-month period, a rejection rate of 62 percent

Economists peg India's FY24 growth at 6% after advance estimates

Say expectations of easing inflation levels, good rabi output will be supportive of domestic demand

Consumption, infra investments show recovery: First advance estimates

But slowdown visible in H2, shows first Advance Estimates of GDP for FY23

Budget 2023-24: Govt may go easy on capital expenditure growth in FY24

Outlay for next year likely to be around Rs 9.5 trillion

Expenditure rationalisation may be underlying theme of Budget 2023

The budget for the financial year 2023-24 (FY24) could be about controlling non-essential expenditure

SC upholds 2016 decision on demonetisation by 4:1 majority verdict

Dissenting judge Nagarathna says 2016 note ban legally flawed

Jobs top agenda at PM Modi's meeting with chief secretaries on Jan 5

Conclave will focus on two broad pillars: Growth & Jobs, and Health, Gender & Climate, will also set agenda for the next meeting of Niti Aayog Governing Council

Centre's fiscal deficit for April-November period at 58.9% of FY23 target

In fact, in November the fiscal deficit widened by Rs 2.2 trillion, the highest ever in any month this financial year

Centre's share of cess and surcharges nearly double in three years

Experts say finance commission needs to provide clarity on whether cess should be shared with states

FM Sitharaman admitted to AIIMS, to be kept under observation overnight

She was admitted with symptoms of viral fever and is recovering, say sources

Centre saves subsidy and wheat stocks by making PDS free, ending PMGKAY

If PMGKAY was continued beyond December 2022, at least Rs 40,000 crore would have got spent for three months (Jan to March)

Centre makes PDS free for 810 mn people; annual outlay likely at Rs 2 trn

Govt merges certain benefits of PMGKAY into PDS