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India's budget promises big spending despite fiscal deficit woes — Quartz India - Vimarsana News

India's budget promises big spending despite fiscal deficit woes — Quartz India

This post has been corrected. With the Covid-19 pandemic rampaging the global economy, governments across the world are trying to maintain a balance between spending to spur growth and holding back for long-term survival. India, it seems, has decided to go with the former. In its ninth union budget, the Narendra Modi government today (Feb. 1) announced massive expenditure on areas such as infrastructure and healthcare in fiscal 2021-22 (April-March). While spending in health-related areas is needed to fight the coronavirus pandemic, investments in infrastructure are aimed at creating more job...

Source: qz.com
Share Market Live Updates: Market gives thumbs up to Budget 2021, Sensex jumps 2,000 points; Nifty nears 14,200 - Vimarsana News

Share Market Live Updates: Market gives thumbs up to Budget 2021, Sensex jumps 2,000 points; Nifty nears 14,200

Story Share Market Highlights: Investors give thumbs up to Budget, Sensex ends 2,314 points higher; Nifty at 14,281 Sensex, Nifty Highlights on Budget day, February 1: Almost all the sectors closed in green territory today, rising in the range of 3-6%, except for pharma index BusinessToday.In | February 1, 2021 | Updated 16:10 IST India Stock Market News Highlights Today on union Budget 2021: IndusInd Bank, ICICI Bank, SBI, HDFC Bank were among the top gainers today while HCL Tech, Dr Reddy, Tech Mahindra were among top losers Sensex, Nifty Highlights on Union Budget 2021:In a historical mov...

Share Market Live Updates: Sensex adds 450 points, Nifty above 13,730 ahead of Budget 2021 announcement - Vimarsana News

Share Market Live Updates: Sensex adds 450 points, Nifty above 13,730 ahead of Budget 2021 announcement

Sensex, Nifty Live Updates and stock market expectations on Budget day, February 1:Market indices Sensex and Nifty added almost 2% with 2021 Budget announcements by FM Sitharaman on Monday

Share Market Live Updates: Market gives thumbs up to Budget 2021, Sensex jumps 1,900 points; Nifty nears 14,200 - Vimarsana News

Share Market Live Updates: Market gives thumbs up to Budget 2021, Sensex jumps 1,900 points; Nifty nears 14,200

Story Share Market Highlights: Investors give thumbs up to Budget, Sensex ends 2,314 points higher; Nifty at 14,281 Sensex, Nifty Highlights on Budget day, February 1: Almost all the sectors closed in green territory today, rising in the range of 3-6%, except for pharma index BusinessToday.In | February 1, 2021 | Updated 16:10 IST India Stock Market News Highlights Today on union Budget 2021: IndusInd Bank, ICICI Bank, SBI, HDFC Bank were among the top gainers today while HCL Tech, Dr Reddy, Tech Mahindra were among top losers Sensex, Nifty Highlights on Union Budget 2021:In a historical mov...

Budget 2021: Sitharaman likely to unveil big-ticket infrastructure financing bank - Vimarsana News

Budget 2021: Sitharaman likely to unveil big-ticket infrastructure financing bank

Express News Service NEW DELHI:  Finance Minister Nirmala Sitharaman’s Budget, to be presented in the Lok Sabha on Monday, is likely to announce a dedicated bank for financing infrastructure development projects.  The proposed bank will be incorporated through a special law, the National Bank for Financing Infrastructure and Development Bill, which Parliament is likely to pass in the Budget session.  The bill describes the dedicated bank as “a provider, enabler and catalyst for infrastructure financing”.  The development bank will provide low-cost funding for large, long-term infras...