Budget 2023: A Boon for Infrastructure and Green Energy The Indian government’s budget for 2023 placed a strong emphasis on infrastructure development and green energy initiatives. This focus translated into significant financial allocations for these sectors, with capital investment outlay hiked by 33% to Rs 10 lakh crore. This substantial investment aimed to enhance growth …
On February 1, 2024, India’s Finance Minister Nirmala Sitharaman is set to present her fifth Union budget for the financial year 2024-2025. Like all Union Budgets, Budget 2024 is set to be a detailed and comprehensive report of the country’s revenues as well as estimated expenditures for the fiscal year ahead. Owing to the wide …
India’s upcoming budget, presented in February 2024, will be coming in at a crucial time, i.e. just before the Lok Sabha election 2024. The short-term and long-term impact of the decisions taken in this budget will be discussed at length in the media, not only for economic speculation, but also political back and forth. Hence, …
In a bid to address the pressing housing shortage in India, Prime Minister Narendra Modi’s flagship federal housing scheme is set to receive a significant boost. With elections looming, the government is gearing up to announce an extension to the scheme and increase subsidies for low-cost housing loans in the upcoming budget. Finance Minister Nirmala …
The Indian infrastructure sector is about to get a major boost! With the interim budget for FY 2024 just around the corner (February 1st, to be precise), all eyes are on Finance Minister Nirmala Sitharaman to release her plan for propelling India’s economic engine forward. And let me tell you, based on what we saw …
The upcoming financial year of 2023 is likely to provide the Indian Government with a little room to reduce its market borrowings, considering its revenue figures are strong. However, this news does not spoil the party for bond investors. The reason being, a redemption pile of about Rs. 4.5 lakh crores throughout this fiscal year …
While everyone’s buzzing about the upcoming budget, FM Nirmala Sitharaman has thrown cold water on expectations of major announcements. Don’t despair, energy bulls! Even an interim budget can leave sparks in the energy sector, a domain destined to shine for years to come. So, let’s connect some dots and predict what could electrify our portfolios. …
As Finance Minister Nirmala Sitharaman prepares to present the upcoming interim budget on February 1, 2024, amid the backdrop of impending general elections in India, the financial landscape anticipates a pivotal moment. Departing from the norm of full-year fiscal statements, interim budgets play a crucial role in providing temporary financial plans, vital for sustaining government …
The Indian economy is bouncing back at an excellent pace as compared to other major economies around the world this year. The government will have to do more than providing stimulus to sustain this economic run. The recurring waves of the pandemic can make this task a challenging one for the government and the Finance …
The government plays a vital role in stimulating the economy, influencing both the supply and demand sides. Understanding the role of the government is crucial for policymakers, investors, and citizens alike, as it helps evaluate the effectiveness of public policies and shape strategies for sustainable economic development in India. In this article, we will examine …
