Budget 2024: Pre-budget avoid aggressive directional strategies, says Chavan of Angel One
Since it's an interim budget, major reforms are not expected. Global developments may provide directional triggers.
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Since it's an interim budget, major reforms are not expected. Global developments may provide directional triggers.
According to data released by the statistics ministry on January 5, India's nominal GDP growth for 2023-24 is estimated at 8.9 percent, lower than the 10.5 percent the finance ministry had assumed in this year's Budget.
Even though there is no significant impact of the budget on the Nifty 50 Index, investors are often more active around this time. This generally increases the overall volatility during budget periods
Apart from marking the beginning of an important event, the halwa ceremony also recognises efforts of all members in preparing the Union Budget. Here is a recipe of the Budget halwa from celebrity chef Ranveer Brar that you can try at home
Speaking to students of University of Delhi's Hindu College, Finance Minister Nirmala Sitharaman also said that India is nearly self-sufficient in most food items and even exports some of them.