What has the budget done for the fisc?
The spending on three most important subsidies, namely food, fertiliser and petroleum is expected to come down from ₹4.13 lakh crore in 2023-24 (RE) to ₹3.81 lakh crore | Latest News India
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The spending on three most important subsidies, namely food, fertiliser and petroleum is expected to come down from ₹4.13 lakh crore in 2023-24 (RE) to ₹3.81 lakh crore | Latest News India
Jahangir Aziz, Head, Emerging Market Economics at JP Morgan, praises the Indian government's budget consolidation efforts, with the fiscal deficit lower than expected at 5.1%. He emphasizes the need for fiscal consolidation to stabilize India's debt. Aziz believes that the RBI will wait for the Fed to cut rates before doing so itself, as interest rate differentials with the US are currently low. He anticipates that once interest rate differentials narrow, there will be significant portfolio flows into emerging markets, including India, due to low ownership and positioning of emerging market as...
Union Home Ministry on Friday invites both Ladakh Apex Body and Kargil Democratic Alliance for the second round of talks on February 19.
Budget 2024: At 11 am, the Union finance minister will unveil the final budget of the second term of the Narendra Modi government.
The Halwa ceremony, marking the final stage of the preparation process for Interim Union Budget 2024, was held in North Block on Wednesday in the presence of Finance Minister Nirmala Sitharaman and Minister of State for Finance Dr. Bhagwat Kisanrao Karad.