Market stages a smart recovery post Budget crash; Sensex swings 1,500 pts
The BSE Sensex settled 73 points lower at 80,429 on the Budget day, and the Nifty50 ended at 24,479, down 30 points.
finance minister nirmala sitharaman
July 2024
February 2024
Jewellery stocks shine as FM cuts customs duty on gold; Senco Gold, Titan, PC Jeweller jump up to 12%
In her Budget speech, the FM announced a reduction on Basic Custom Duty (BCD) on gold and silver from 10% to 6%.
Budget 2024: How Sensex performed on Budget day in last 10 years?
Between 2014 and 2023, Sensex closed higher seven times on the Budget day, while it settled in negative terrain on three occasions.
Congress-led UPA pushed Indian economy into crisis when NDA took over: White Paper
The White Paper says that in 10 years of rule of the UPA govt the public finances were in bad shape
GST helped households save ₹45,000 crore per month from Dec 2017 until Mar 2023: White Paper
The average tax-GDP ratio for FY15 to FY24 RE is about 10.95%, higher than the ten-year average of 10.5% during 2005-14.
Curtain Raiser
Why FM Nirmala Sitharaman's Interim Budget sets the tone for continuity during full Budget in July.
Long-term sustainability of 'Lakhpati Didi' a challenge, say experts
There are mixed opinions about the success of the scheme. A senior rural development professional calls it a 'populous measure'.
Ratings agencies should see India bettered fiscal consolidation target: FM
Fiscal deficit for the current financial year has been revised to 5.8% of GDP, in comparison with 5.9% earlier.
India continues on path of fiscal consolidation: FM
“We continue on the path of fiscal consolidation, as announced in my Budget Speech for 2021-22, to reduce fiscal deficit below 4.5% by 2025-26," says finance minister.
Budget announces 300 free units under rooftop solar plan
Two crore more houses will be taken up in the next five years to meet the requirement arising from an increase in the number of families,” Sitharaman said.
