Feb 01, 2023, at 09:46 pm
New Delhi: While enunciating the government’s vision of providing a transparent and accountable administration which works for the betterment and welfare of the common citizen, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, presented the Union Budget 2023-24 in Parliament on Wednesday.
NEP formulated to empower youth: Nirmala Sitharaman tells in her Union Budget speech
Feb 01, 2023, at 09:16 pm
New Delhi: To empower our youth and help the ‘Amrit Peedhi’ realize their dreams, we have formulated the National Education Policy, focused on skilling, adopted economic policies that facilitate job creation at scale, and have supported business opportunities, said Union Minister for Finance & Corporate Affairs Nirmala Sitharaman while presenting the Union budget 2023-2024 in Parliament here on Wednesday.
Union Budget: Teacher's training to be revamped
Feb 01, 2023, at 09:09 pm
New Delhi: The Government's philosophy of Sabka Saath Sabka Vikas has facilitated inclusive development, said the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman while presenting the Union Budget 2023-24 in Parliament on Wednesday.
Union Budget: Atmanirbhar Clean Plant Program to be launched with an outlay of Rs. 2,200 crore
Feb 01, 2023, at 08:51 pm
New Delhi: An Atmanirbhar Clean Plant Program will be launched with an outlay of Rs. 2,200 crore to boost availability of disease-free, quality planting material for high value horticultural crops, the Union Minister for Finance and Corporate Affairs Nirmala Sitharaman said while presenting the Union Budget 2022-23 in Parliament on Wednesday.
Union Budget: 157 new nursing colleges to be established
Feb 01, 2023, at 08:35 pm
New Delhi: In line with this vision of India@100 and Amrit Kaal, Finance Minister Nirmala Sitharaman on Wednesday, in her Budget speech, announced the establishment of 157 new nursing colleges in co-location with the existing 157 medical colleges, established since 2014.
Persons with income upto Rs. 7 lakh will not pay income tax in new tax regime: Union Budget
Feb 01, 2023, at 08:12 pm
New Delhi: With the objective of benefitting the hard working middle class of the country, Union Minister for Finance and Corporate Affairs, Nirmala Sitaraman made five major announcements with respect to personal income tax while presenting the Union Budget 2023-24 in Parliament on Wednesday.
Nominal GDP to grow at 15.4 pct in FY 2022-23
Feb 01, 2023, at 07:59 pm
New Delhi: According to the Fiscal Policy statements the Nominal GGP is projected to grow at 15.4 % year-on-year (Y-o-Y) in FY2022-23 as against 19.5% in 2021-22.
Feb 01, 2023, at 07:31 pm
New Delhi/IBNS: Ahead of the 2024 general elections in India and polls in key states this year itself, Union Finance Minister Nirmala Sitharaman on Wednesday presented the annual budget offering a big relief to the taxpayers while emphasizing on job creations and ramping up capital spending.
Nirmala Sitharaman to present Union Budget today
Feb 01, 2023, at 02:23 pm
New Delhi: Union Finance Minister Nirmala Sitharaman will present the Budget on Wednesday, the last full-year major presentation ahead of the Lok Sabha Polls in 2024.
Feb 01, 2023, at 06:49 am
New Delhi/IBNS: India has a unique opportunity to lead the world with new models of digital access to healthcare, which can serve not only emerging markets but also developed markets given that countries across the globe face significant inadequacies around healthcare access and affordability, said Prashant Tandon, HealthTech Committee Chair & CEO & Co-Founder of TATA 1MG.
Feb 01, 2023, at 06:28 am
Bengaluru/IBNS: The government can bolster working capital for e-commerce suppliers by lowering GST on input services like logistics and facilitating refunds of accumulated input tax credit in the upcoming Budget, according to Vidit Aatrey, Founder & CEO – Meesho.
Feb 01, 2023, at 06:05 am
MumbaiIBNS: A lower GST on appliances will help improve the penetration levels in India which remains low despite the positive impact on the quality of life and productivity, according to Kamal Nandi, Business Head and Executive Vice President of Godrej Appliances.
Large budget deficit acceptable if it stimulates higher GDP: Nadir Godrej
Feb 01, 2023, at 05:31 am
Mumbai/IBNS: Speaking on the upcoming Union Budget, Godrej Industries Ltd.'s Chairman and MD - Nadir Godrej said global inflation, China's economic slowdown, the pandemic's aftereffects, and the conflict between Ukraine and Russia pose a great challenge for the Indian economy.
Feb 01, 2023, at 05:27 am
Kolkata/IBNS: The Union Budget should continue and provide the right policy and budgetary framework to ensure the economic growth of the country and a budget design that can stand as per the GDP growth rate expectations, according to Rajeev Sharma, Chief Strategy Officer, Mitsubishi Electric India Pvt. Ltd.
Feb 01, 2023, at 04:34 am
New Delhi/IBNS: The logistics sector expects Union Budget to prioritize the strengthening of logistics and related infrastructure that would lead to economic growth for the country as a whole, according to Nikhil Agarwal, President-CJ Darcl Logistics.
73% consumers expect reduction in prices of essential items in Budget 2023: Survey
Feb 01, 2023, at 03:53 am
Mumbai/IBNS: Reduction in the price of essentials is the biggest expectation from the 2023 budget, according to a pre-budget survey conducted by Consumer data intelligence company Axis My India.
Feb 01, 2023, at 03:19 am
Mumbai/IBNS: The Economic Survey 2022-23 tabled by the Minister of Finance and Corporate Affairs Nirmala Sitharaman in Parliament on Tuesday has projected FY 2024 growth at 6-6.8%.
Unemployment rates fall from 5.8 pct in 2018-19 to 4.2 pct in 2020-21: Economic Survey
Jan 31, 2023, at 11:46 pm
New Delhi: The Economic Survey 2022-23 tabled by the Minister of Finance and Corporate Affairs, Nirmala Sitharaman in Parliament, on Tuesday states that while the pandemic impacted both labour markets, and employment ratios, now with sustained effort in the last few years, coupled with quick response after the pandemic, and the world’s largest vaccination drive being undertaken in India, labour markets have recovered beyond pre-Covid levels, in both urban and rural areas, as observed in supply-side and demand-side employment data.
Assam couple builds 6 crore eatery chain in Guwahati
Jan 31, 2023, at 11:30 pm
Guwahati: Deba Kumar Burman and Pranamika, whose marriage was no less than a fairytale story, are now prominent names in Assam as they created a Rs 6 crore turnover restaurant chain in Guwahati.
Nearly 22 crore beneficiaries verified under Ayushman Bharat Scheme: Economic Survey
Jan 31, 2023, at 11:19 pm
New Delhi: As many as 21.9 crore beneficiaries have been verified under the Ayushman Bharat Pradhan Mantri – Jan Arogya Yojana (AB PM-JAY) Scheme including 3 crore beneficiaries verified using State IT systems as on January 4, 2023.
Jan 31, 2023, at 10:49 pm
New Delhi: Elaborating on success story of India’s National Covid-19 Vaccination Programme, the Economic Survey 2022-23, tabled by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman, says that as on 6 January 2023, India has been able to administer more than 220 crore Covid vaccine doses across the country.
Overall Gross Value Added moves up by 3.7 pct in first half of FY23: Economic Survey
Jan 31, 2023, at 10:39 pm
New Delhi: The Overall Gross Value Added (GVA) by the Industrial Sector rose 3.7 per cent, based on data available for the first half of the FY23, which is higher than the average growth of 2.8 per cent achieved in H1 of the last decade, stated the Economic Survey 2022-23 presented by the Union Minister for Finance & Corporate Affairs Nirmala Sitharaman in Parliament on Tuesday.
Jan 31, 2023, at 10:17 pm
New Delhi: While the role of traditional infrastructure has been well recognised, in recent years, the role of digital infrastructure in socio-economic development of the country has assumed an increased importance, revealed the Economic Survey.
Indian stock markets outperform peers in FY 2022-23: Economic Survey
Jan 31, 2023, at 10:03 pm
New Delhi: Economic Survey 2022-2023 highlights buoyant performance of the Indian capital markets in the past year, driven by increased contribution of Small & Medium Enterprises (SMEs) and greater participation of domestic institutional and retail investors.
Rs 5 cr in Capex budget to transform Jammu University into sports hub
Jan 31, 2023, at 09:50 pm
Jammu: Already excelling in the field of academics, the University of Jammu with international standard infrastructure in the making, with an upcoming Rs 5 crore in the Capex budget for the year 2023-24 is all set to transform the institution into a hub of sports.
Cleaner balance sheets lead to enhanced lending by financial institutions: Economic Survey
Jan 31, 2023, at 09:47 pm
New Delhi: The balance sheet clean-up exercise over the last few years has enhanced the lending ability of financial institutions – seen in double-digit growth of non-food credit offtake by Scheduled Commercial Banks (SCBs) since April 2022, as per the Economic Survey 2022-2023 released on Tuesday.
India's external sector displays position of strength in spite of global headwinds: Economic Survey
Jan 31, 2023, at 08:38 pm
New Delhi: India has been able to face the headwinds to its external sector from a position of strength in the back of strong macro fundamentals and buffers, as per the Economic Survey released on Tuesday.
India to witness GDP growth of 6 to 6.8 pct in 2023-24: Economic Survey
Jan 31, 2023, at 08:10 pm
New Delhi: India to witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, depending on the trajectory of economic and political developments globally, as per the Economic Survey released on Tuesday.
IMF projects India is going to be world's fastest economy in 2023, global growth to drop to 2.9 pct
Jan 31, 2023, at 02:28 pm
New York: The International Monetary Fund (IMF) on Tuesday released its latest projections on world economic growth where India was seen to be growing at the rate of 6.1 per cent in 2023.
Indian Market: Sensex improves 169.51 pts
Jan 30, 2023, at 11:28 pm
Mumbai: The BSE Sensex on Monday recovered 169.51 pts to close at 59,500.41 following gains in IT, Technology and Telecommunications stocks.