The fastest 5,000-point rally for the Sensex was nearly three years ago (September 24, 2021) when the index hit an intraday high of 60,333 in a span of just 28 trading days
A second senior official said a lot of the 100 days agendas will be 'milestone based' with timelines for achieving targets for social sector schemes
Manufacturers aim at attracting global value chains, scaling up production
Industry association wants levels for safe harbour provisions raised to enable greater participation
Sources suggest that the government may expand the ambit of the Ayushman Bharat scheme to cover everyone over 70 years
Several cases have raised concerns about ongoing roadway projects in India, highlighting frequent delays in their completion
Finance Minister Nirmala Sitharaman is considering lowering personal tax rates for certain categories of individuals
Gayathri Vasudevan, trustee at Sambhav Foundation, said the meeting focused largely on optimising the utilisation of existing funds
Education Budget 2024: The BJP-led NDA government has steadily increased its allocation towards the education sector, focusing on skilling and digitisation. Here are highlights of the last 5 years
Sanjay Goenka of the Bihar Industries Association said the 45-day payment window was hotly debated, and they have contributed to the consultative process on the subject
Finance Minister Nirmala Sitharaman will hold a pre-budget consultation with industry stakeholders on June 20. Here's what to expect
Finance Minister Nirmala Sitharaman is likely to hold pre-budget consultations with industry chambers on June 20, sources said. The budget for 2024-25 fiscal is likely to be presented in Parliament in the second half of July. Industry sources said the pre-budget consultation with Sitharaman would be preceded by a meeting with Revenue Secretary Sanjay Malhotra on June 18. The 2024-25 Budget is likely to lay out Modi 3.0 government's economic agenda. The finance minister will have to look at measures to boost growth without hurting inflation as well as look for resources to meet the coalition government's compulsion. The economic agenda would include steps to fast-rack reforms to make India a USD 5-trillion economy in near future and turn the country into a 'Viksit Bharat' by 2047. The Indian economy is projected to grow 7.2 per cent in the current fiscal on the back of improving rural demand and moderating inflation, as per RBI estimates. The Modi 3.0 government inherits a strong
The finance ministry is likely to begin the consultation process for the Budget with various ministries and stakeholders next week
The Budget shouldn't ignore provisional figures for 2023-24 and use the extra RBI surplus to better effect
Exceeds estimates by 0.7% to hit Rs 19.58 trn
Full-year Union Budget to lay out Viksit Bharat vision
The Budget speech of 1991 changed the tone of reforms, but in the decades since, the pace has been more driven by scams and crises than by necessity, argues Rajrishi Singhal in his book
The Modi govt's equity contribution to public sector units has risen even as their capacity to generate resources has taken a hit
The scheme called Kalaignarin Kanavu Illam will be implemented at a cost of Rs 3,500 crore, giving an opportunity to the poor to build their dream homes
Since this White Paper ends with the statement 'Amrit Kaal has just begun and our destination is India a developed nation by 2047', it is only fair to map how this would roll out