The Budget estimated the nominal GDP growth at 10.5 per cent in FY23, lower than what the Economic Survey, tabled a day ahead, projected
Sitharaman said large macroeconomic considerations had been kept in mind, and fiscal consolidation had not been ignored
Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget for 2023-24, which is expected to serve as the last full Budget of Prime Minister Narendra Modi's second term in office
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The biggest push came for the infrastructure sector, with a more than expected - i.e. 33 per cent - hike in capex that should boost private investment and spur employment generation
Financial sector identified as one of the priority sector as part of "Vision Amrit Kaal
The Ministry of Environment, Forest and Climate Change (MoEFCC) got no substantial increase in its budgetary grant, even as India aims for lofty goals in climate action
Krishnamurthy said the focus on MSMEs, infrastructure development, and personal tax announcements pave the way for increased consumer affordability and consumption
A move to the stricter expected credit loss model in accounting for bad loans is on the cards for banks
Attempts at raising capital for infra spending through the national monetisation framework have not been as successful as was hoped. The government raised more money than targeted in 2021-22
Govt move to tax high-value insurance policies may hit demand for long-term bonds: Analysts
An agriculture accelerator fund has been announced. It is aimed at encouraging start-ups by entrepreneurs in rural areas
Centre looks to raise Rs 16,000 cr this fiscal via green bonds. The Budget, however, does not say whether or not bond issuance will be the sole contributor to the fund
Possible triggers? Abolition of extra free foodgrain distributed as part of PMGKAY, cooling of international fertiliser prices
Amish Mehta, MD & CEO, CRISIL, talks about Union Budget 2023
Current year projection slashed to Rs 50,000 cr from Rs 65,000 cr
Weak rural demand has been a concern for fast-moving consumer goods and other consumer durables, although we see a few green shoots now
A snapshot of the key numbers released by Finance Minister Nirmala Sitharaman in Union Budget 2023
Rural housing gets huge fund outlay for completion of projects ahead of 2024 general elections