Sunday, June 4, 2023

Union Budget

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...

Meghalaya CM welcomes Union Budget

CorrespondentWelcoming the Union Finance Minister Nirmala Sitharaman for presenting a “forward looking and futuristic budget”, Meghalaya Chief MinisterConrad Sangma on Tuesday said he is glad that the Central Government’s vision for Amrit Kaal is aligned with our vision for...

Union Budget: Indian startups seek friendly policies, tax incentives

To further aid small businesses and empower entrepreneurs, the Union Budget 2022-23 should introduce additional startup-friendly policies and tax relaxations to enable spending on innovation, ease-of-doing business and reducing compliance costs, a slew of homegrown startups said.New reforms, policy...