As the dust settles on the proposals that the Finance Minister made in the Budget earlier this month, some aspects have become clearer while questions remain on others. Budget 2024-25 saw several initiatives around employment and skilling being proposed. Do these form a good first step in addressing the jobs challenge the country faces? Or…
MUMBAI: The country’s economic growth in the March quarter is likely to be 8% or more, finance minister Nirmala Sitharaman has said.“If this is how inflation management is happening, macroeconomic stability being what it is, you had three-quarters of growth above 8%, and hopefully, the fourth quarter, which ends tomorrow, will also be 8% or…
NEW DELHI: Finance minister Nirmala Sitharaman on Saturday said that the country’s GDP is set to grow by 8% or more in the quarter ending March 31.Speaking during an event in the financial hub of Mumbai, Sitharaman said, “Hopefully the fourth quarter, will also have (growth) of 8% or above 8% resulting in 2023/24 having…
Pakistan’s new finance minister said he’s keen to tap Chinese investors by selling as much as $300 million in Panda bonds for the first time ever this year. Selling yuan-denominated debt will allow Pakistan to diversify its funding sources and reach investors in a new market, Muhammad Aurangzeb, said in an interview Friday at his…
India reportedly risks losing out to China and Vietnam as it seeks to become a major smartphone export hub. According to an exclusive report by news agency Reuters, quoting government documents seen, IT minister Rajeev Chandrasekhar has sent a confidential presentation to the Finance Minister Nirmala Sitharaman where he has raised concerns about losing the…
NEW DELHI: Finance minister Nirmala Sitharaman assured the Rajya Sabha on Tuesday that inflation has been contained within the tolerable band, attributing the achievement to the government‘s efforts, particularly in managing prices of perishable commodities. Responding to questions, Sitharaman emphasized the successful measures taken to curb inflation, focusing on essential goods.Sitharaman informed the house that…
Finance minister Nirmala Sitharaman has been leading the Modi government’s economic management in the second term. In a detailed interview after presenting her sixth straight budget, she spoke to TOI on a wide range of issues, and said that govt held its hand while presenting the vote on account as it did not want to…
.JPG "Interim Budget 2024 — in campaign mode")
Well before Finance Minister Nirmala Sitharaman rose to present the Interim Budget for 2024-25, there were indications as to what its focus would be. Doubts that this would be anything more than a vote-on-account had been settled when Prime Minister Narendra Modi publicly declared that “when polls are this close, the government presents an interim…
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India’s Finance Minister announced a new scheme to develop deep tech for defence purposes while presenting the Interim Budget for 2024-25. | Photo Credit: SHIV KUMAR PUSHPAKAR For tech-savvy youth, a corpus of ₹1 lakh crore will be established with 50-year interest free loans for providing long term financing or refinancing with long tenures and low…
