More From Economy
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Stock market: Sensex climbs 846 points, Nifty tops 21,950 amid 20 per cent decline in Paytm
February 02, 2024 10:46 ISTThe BSE Sensex rose 846.64 points to 72,491.94, while the Nifty surged 256.55 points to 21,954.
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Paytm Payments Bank reassures safety of existing balances after RBI restrictions
February 02, 2024 8:59 ISTPaytm Payments Bank Limited is prohibited from accepting new deposits, credit transactions, or top-ups in customer accounts, prepaid instruments, wallets, FASTags, and more from February 29 onwards.
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Byju's crisis: Investors issue notice for founders' ouster, US unit files for bankruptcy
February 02, 2024 7:59 ISTThe notice sent to shareholders outlines the resolutions proposed for the EGM and highlights the need to resolve governance and financial issues and shift control away from the founders.
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Finance Minister Nirmala Sitharaman defers equity support to oil companies to next fiscal year
February 02, 2024 7:09 ISTThe equity support was intended to aid the Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation in their energy transition projects.
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Deutsche Bank to cut 3,500 jobs even as it records USD 4.5 billion profit last year
February 01, 2024 23:03 ISTDeutsche Bank said the reduction in the number of positions would mostly be for jobs that don't involve directly dealing with customers.
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Budget 2024: Take a sneak peek into Sitharaman's announcements through graphics
February 01, 2024 19:45 ISTAs per the First Advance Estimates of National Income of FY 2023-24, presented along with Finance Minister’s speech, India’s Real GDP is projected to grow at 7.3 per cent. This is also in line with the upward revision in growth projections for FY2023-24 by the RBI from 6.5 per cent to 7 per cent.
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Sensex records a 107-point drop, closing at 71,645.30; Nifty settles at 21,690 post Budget 2024
February 01, 2024 16:25 ISTThe domestic market expressed marginal disappointment due to lower-than-expected infra spending in the interim budget. However, the government's commitment to fiscal prudence, aiming for a fiscal deficit of 5.1% for FY25BE, is anticipated to enhance economic ratings.
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Budget 2024: How to download Interim Budget's PDF and other documents? Check here
February 01, 2024 14:53 ISTFinance Nirmala Sitharaman presented the Interim Union Budget 2024-25 in Parliament on Thursday. People can check out the full details of the interim budget using 'Union Budget' App on iOS, Android platforms.
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Budget 2024: Defence Ministry tops list with highest allocation, Agriculture gets lowest; Check list
February 01, 2024 14:58 ISTAhead of the upcoming Lok Sabha elections, Union Finance Minister Nirmala Sitharaman presented the interim Budget in Parliament. Scroll down to read allocations for different ministries.
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Budget 2024: Finance Minister talks about 'Panchamrit' goals; here's what it means
February 01, 2024 14:18 ISTThe minister mentioned the government's commitment to the 'Panchamrit' goals and highlighted measures to achieve sustainable and resource-efficient economic growth.
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Budget 2024: No change in tax regime this year; check old, new tax slabs
February 01, 2024 13:50 ISTThe finance minister proposed to retain the same direct and indirect tax rates, including import duties.
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Budget 2024: Govt vows to launch new scheme to bolster deep-tech for defence sector
February 01, 2024 14:59 ISTAhead of the upcoming Lok Sabha elections, Union Finance Minister Nirmala Sitharaman presented the interim Budget in Parliament. Scroll down to read what the Budget has for the defence sector.
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Budget 2024: Nirmala Sitharaman announces new housing scheme for middle class citizens
February 01, 2024 13:22 ISTThe schemes aim to support slum dwellers and individuals living on rent, enabling them to purchase or construct their own houses.
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40,000 normal rail bogies to be converted to Vande Bharat standards: Sitharaman
February 01, 2024 13:15 ISTNirmala Sitharaman in the interim Budget announced that forty thousand normal rail bogies will be converted to the Vande Bharat standards to enhance safety, convenience and comfort of passengers.
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Viksit Bharat, no tax change, Lakshadweep: Highlights of Modi Govt's last Budget before elections
February 01, 2024 15:01 ISTThe Union Cabinet headed by Prime Minister Narendra Modi has approved the pre-election budget 2024-25. Sitharaman, the first full-time woman finance minister of the country, has presented five full budgets since July 2019 and today's interim one.
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Budget 2024: Sitharaman stresses on formulation of strategy to attain 'Atmanirbharta for oilseeds'
February 01, 2024 12:50 ISTPresenting her sixth Budget, Union Finance Minister Nirmala Sitharaman emphasised the establishment of a dedicated Department for Fisheries, recognizing the significance of supporting fishermen in the country.
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Budget 2024: Average real income 50 per cent higher, inflation moderated, says Nirmala Sitharaman
February 01, 2024 13:05 ISTThe finance minister attributed the moderated inflation levels to good macroeconomic stability and robust investments.
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Budget 2024: Nominal GDP growth seen at 10.50 per cent, FY24 fiscal deficit revised down
February 01, 2024 12:33 ISTThe fiscal deficit target for the financial year 2024-2025 has been set at 5.10 per cent of GDP.
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Govt committed to increase milk and dairy production in country: Sitharaman in interim Budget
February 01, 2024 12:26 ISTFinance Minister Nirmala Sitharaman highlighted the implementation of modern farming schemes as a pivotal component of the government's strategy for the agricultural sector.
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Budget 2024: Nirmala Sitharaman delivers her shortest speech in sixth straight budget
February 02, 2024 6:44 ISTSitharaman also holds the record for the longest budget speech in India's history, when she spoke for 2 hours and 42 minutes in 2020.
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Budget 2024 Tax Slabs: No change in tax regime even this year, check details
February 01, 2024 12:50 ISTSitharaman said that the fiscal deficit in 2024-25 is estimated to be 5.1 per cent of GDP.
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Budget 2024: Sitharaman stresses govt's commitment to continue 'PM Kisan Samman Yojana'
February 01, 2024 11:50 ISTPresenting the pre-election Budget, Sitharaman outlined key measures aimed at fostering the continued growth of the agriculture sector. She also emphasised the importance of post-harvest activities.
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Budget 2024: What is 'game-changing' India-Middle East-Europe corridor? Here's all you need to know
February 01, 2024 11:48 ISTPM Narendra Modi announced the launch of the economic corridor in September 2023, which involves India, the UAE, Saudi Arabia, the European Union, France, Italy, Germany, and the US.
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Budget 2024: 30 crore Mudra Yojana loans given to women entrepreneurs, says Nirmala Sitharaman
February 01, 2024 11:42 ISTWearing a blue saree, Sitharaman began her sixth budget speech in which she emphasised that the next five years will be the years of unprecedented development.
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Budget 2024: 25 crore people have come out of poverty, says Finance Minister Nirmala Sitharaman
February 01, 2024 11:25 ISTThe minister said that over the past decade, the Indian economy has undergone a positive transformation.
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Nirmala Sitharaman to present pre-election Budget: Here're key numbers to be watched
February 01, 2024 10:52 ISTBudget 2024: The interim budget will take care of the financial needs of the intervening period until a government is formed after the Lok Sabha polls after which a full budget will be presented by the new government.
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Paytm expects to lose Rs 300-500 crore after RBI action on its payments bank
February 01, 2024 10:06 ISTPaytm Payments Bank is prohibited from accepting new deposits, credit transactions, or top-ups in customer accounts, prepaid instruments, wallets, FASTags, and more after February 29, 2024.
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Sensex, Nifty edge higher ahead of Interim Budget leading up to national elections
February 01, 2024 10:54 ISTMahindra & Mahindra, Maruti, Power Grid, NTPC, IndusInd Bank, and Sun Pharma were the biggest gainers among the Sensex firms.
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