Sunday, February 5, 2023

Union Budget

Sports ministry gets Rs. 700 cr-plus boost in Union Budget

In a year when the Indian athletes will compete at the Asian Games and prepare for 2024 Paris Olympics, the Sports Ministry has got a fillip with the government allocating Rs 3,397.32 crore, an increase of Rs 723.97 crore,...

‘Step-motherly treatment to Delhi’: Kejriwal slams Budget

Delhiites have been meted out “step-motherly treatment yet again”, Chief Minister Arvind Kejriwal said while reacting to the Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman on Wednesday.“… The people of Delhi paid Rs 1.75 lakh crore in...

Making new tax regime default option grossly unfair: PC

Congress leader P Chidambaram on Wednesday claimed that the Union Budget has “betrayed” the hopes of a vast majority of Indians and shows how far removed the government is from the people and their concerns about life, livelihood and...

Union Budget filled with fakery: Cong

All India Congress Committee (AICC) media coordinator Sujata Paul has termed the Union Budget 2023-24 presented by Union Finance Minister Nirmala Sitharaman in Lok Sabha on Wednesday as “useless, filled with fakery and falsities” that would spell disaster for...

Union Budget: ‘Government must allocate a dedicated fund to encourage women to participate in sport’

 India's Union Budget for 2023-24 must lay emphasis on strengthening country's sports infrastructure in non-metro cities, improving girl's participation in sport and investing in young sportspersons at the grassroots level, said sports scholar & team owner of Gurgaon InCredibles...

Economy to grow 6-6.8% in FY24: Eco Survey

India’s economy is projected to slow to 6-6.8 per cent in the fiscal year starting April - still remaining the fastest growing major economy in the world - as extraordinary challenges facing the globe will likely hurt exports, the...

Hope Budget corrects Centre’s fiscal approach: Kerala FM

Kerala Finance Minister K N Balagopal has expressed hope that the Union Budget will allocate more funds for social and infrastructure development as well as correct the Centre’s fiscal policy in dealing with states.The Left leader, who is critical...

Union budget likely to continue capex hike to boost investment

The forthcoming Union budget is expected to focus on boosting capital expenditure in 2023-24 too, as has been the case for the past several years.With the Centre bullish on economic growth and buoyed by favourable comments by several global...

RBI Gov says cryptocurrencies a threat to fin stability; not even worth a tulip

Reserve Bank Governor Shaktikanta Das on Thursday said cryptocurrencies are a “threat to macroeconomic and financial stability” and cautioned investors against punting on them, days after the Union government’s move to tax the gains made from cryptocurrency trades.In the...

Union Budget FY23’s Capex push to boost cement demand

Union budget FY23’s Capex push as well as continued focus on infrastructure development is likely to boost cement demand. India’s Budget 2022-23 has earmarked a massive budgetary outlay of Rs 7.50 lakh crore for Capex. In her Budget speech...