Budget 2023: A Boon for Infrastructure and Green Energy The Indian government’s budget for 2023 placed a strong emphasis on infrastructure development and green energy initiatives. This focus translated into significant financial allocations for these sectors, with capital investment outlay hiked by 33% to Rs 10 lakh crore. This substantial investment aimed to enhance growth …
The interim Budget session of the Parliament is scheduled to commence on January 31st, where Finance Minister Nirmala Sitharaman will present the Union Interim Budget for the fiscal year 2023-2024 (FY24) at 11:00 am on February 1st. This will be the last financial plan to be presented by the PM Narendra Modi-led government before the …
The upcoming Budget 2024 in India has stirred a significant debate regarding the potential reduction in import duties on electronic components used in manufacturing smartphones. A recent report from the Global Trade Research Initiative (GTRI) emphasises the success of the current tariff structure, arguing against changes that could adversely affect local manufacturing. On the other …
The Indian stock market holds its breath on Budget Day, a day steeped in anticipation and potential volatility. For investors and traders, it’s an annual test of reflexes and strategic smarts. But fear not, savvy preparation can hold the key to navigating this financial roller coaster and potentially emerging victorious. Let’s break down the pre-budget …
Setting the Stage for Fiscal Exploration As the global economic landscape undergoes transformative shifts, India emerges at the forefront with the International Monetary Fund (IMF) revising its growth forecast to an encouraging 6.3% for FY24. Projections place India on track to surpass Japan and Germany, becoming the world’s third-largest economy, boasting a targeted GDP of …
Anticipating Budget 2024 The Indian defence sector stands at a crucial juncture. With geopolitical tensions simmering and the need for self-reliance in strategic technology intensifying, all eyes are on the upcoming Union Budget 2024. While details remain under wraps, industry experts and stakeholders have voiced their expectations for the crucial allocation. As the fiscal year …
The Indian infrastructure sector is about to get a major boost! With the interim budget for FY 2024 just around the corner (February 1st, to be precise), all eyes are on Finance Minister Nirmala Sitharaman to release her plan for propelling India’s economic engine forward. And let me tell you, based on what we saw …
While everyone’s buzzing about the upcoming budget, FM Nirmala Sitharaman has thrown cold water on expectations of major announcements. Don’t despair, energy bulls! Even an interim budget can leave sparks in the energy sector, a domain destined to shine for years to come. So, let’s connect some dots and predict what could electrify our portfolios. …
As Finance Minister Nirmala Sitharaman prepares to present the upcoming interim budget on February 1, 2024, amid the backdrop of impending general elections in India, the financial landscape anticipates a pivotal moment. Departing from the norm of full-year fiscal statements, interim budgets play a crucial role in providing temporary financial plans, vital for sustaining government …
The government plays a vital role in stimulating the economy, influencing both the supply and demand sides. Understanding the role of the government is crucial for policymakers, investors, and citizens alike, as it helps evaluate the effectiveness of public policies and shape strategies for sustainable economic development in India. In this article, we will examine …
