பிரபத் அவஸ்தி News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from பிரபத் அவஸ்தி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In பிரபத் அவஸ்தி Today - Breaking & Trending Today
Sidhi, Feb 16: At least 18 people, including seven women, died while 20 others went missing after a bus fell off a bridge into a canal near Patna village in Madhya Pradesh's Sidhi district on Tuesday morning, police said. ....
A mammoth spending plan of almost $500 billion announced by Prime Minister Narendra Modi’s government is expected to jump-start growth in an economy battered by the coronavirus pandemic, but may not be enough to make a dent in the rising unemployment and poverty India has battled. ....
India’s $500 billion budget to spur growth leaves little for the poor SECTIONS Last Updated: Feb 06, 2021, 05:31 PM IST Share Synopsis Sitharaman unveiled a budget that will cause the fiscal deficit to balloon to a much higher-than-expected 9.5% in the current year ending March on the added expenditures. Stock market investors cheered the plan, hoping for an economic resurgence and celebrating the absence of new taxes on the wealthy and corporations, while bonds tumbled on worries about the record deficit. Union Budget 2021: FM Sitharaman raises agri credit target to Rs 16.5 lakh cr for FY22; MSP procurement to continue Related By Vrishti Beniwal and Archana Chaudhary ....
Economists hailed Finance Minister Nirmala Sitharaman for a bold budget focused on fiscal expansion but flagged concerns over the proposals for not addressing the problems of inequitable growth. Concerns over the impact on the sovereign rating have been sidestepped in the budget by using a wider fiscal deficit for addressing the growth needs, they said. The budget was widely expected to be a fiscally expansionary one, given the concerns on the growth front. The budget does not adequately address concerns over inequitable growth which has been a worry across the globe due to the pandemic. There has been no specific support for sectors stressed due to the pandemic like the hospitality sector, HDFC Bank s chief economist Abheek Barua said. ....
MUMBAI: Benchmark equity indices soared over 5 per cent each as investors were relieved that Finance Minister Nirmala Sitharaman did not raise taxes in the Union Budget for 2021-22, and instead, chose to pump-prime the economy through higher capital expenditure and cleaning up of the banking sector books. “This is not a populist Budget, there is no major attempt to redistribute incomes by increasing taxes on high income groups, as was the case earlier,” said Prabhat Awasthi, managing director and country head India, Nomura. The Nifty 50 index ended 4.7 per cent or 646.6 points higher at 14,281.0, while the BSE Sensex closed at 48,600.61 points, up 5 per cent or 2,314.8 points. ....