Business Standard

Economy

Budget 2024: Child rights orgs hail National Pension Scheme for minors

In education, the Samagra Shiksha Abhiyan's budget has seen a slight increase, while the allocation for PM Schools for Rising India (PM-SHRI) has surged by 51.25 per cent to Rs 6,050 cr

Budget 2024: Child rights orgs hail National Pension Scheme for minors
Updated On : 23 Jul 2024 | 11:32 PM IST

Budget 2024-25: Credit support for MSMEs to help them compete globally

The budget also announced a new mechanism for facilitating the continuation of bank credit to MSMEs during their stress period

Budget 2024-25: Credit support for MSMEs to help them compete globally
Updated On : 23 Jul 2024 | 11:28 PM IST

India must strengthen manufacturing sector to create jobs: Fitch analyst

During Tuesday's annual budget, India's government announced plans to spend $24 billion to create jobs over the next five years and $32 billion on rural development this year alone

India must strengthen manufacturing sector to create jobs: Fitch analyst
Updated On : 23 Jul 2024 | 11:10 PM IST

Union Budget 2024: Revenue expenditure raised, capex remains untouched

Allocations for Andhra Pradesh and Bihar, but financial implication unclear

Union Budget 2024: Revenue expenditure raised, capex remains untouched
Updated On : 23 Jul 2024 | 11:00 PM IST

Budget 2024: Will make up for revenue forgone, says FM Nirmala Sitharaman

Gradually, we are moving towards a simplified taxation regime, while bringing down the incidence of tax itself. And therefore we are taking this review

Budget 2024: Will make up for revenue forgone, says FM Nirmala Sitharaman
Updated On : 23 Jul 2024 | 11:00 PM IST

Budget 2024: Minority affairs ministry's allocation increases by Rs 574 cr

The budgetary allocation for the Ministry of Minority Affairs has increased by Rs 574.31 crore to Rs 3,183.24 crore for 2024-25 as against the revised estimate of Rs 2,608.93 crore in 2023-24.

Budget 2024: Minority affairs ministry's allocation increases by Rs 574 cr
Updated On : 23 Jul 2024 | 10:19 PM IST

UK businesses, investors community receive Union Budget with enthusiasm

There were a couple of announcements which I think will help the UK-India corridor: one was the reduction in the Corporate Tax rate for foreign companies, which is excellent news

UK businesses, investors community receive Union Budget with enthusiasm
Updated On : 23 Jul 2024 | 10:16 PM IST

Budget 2024: FM Sitharaman exhorts states to take up next-gen reform agenda

The final report of the 15th Finance Commission had recommended transfer of 41 per cent of central taxes to the states after two Union Territories were carved out of Jammu and Kashmir

Budget 2024: FM Sitharaman exhorts states to take up next-gen reform agenda
Updated On : 23 Jul 2024 | 9:55 PM IST

Union Budget 2024: Railways capex up marginally to Rs 2.65 trillion

Around Rs 1.08 trillion lined up for critical safety works like Kavach, repairing and overhaul of old lines

Union Budget 2024: Railways capex up marginally to Rs 2.65 trillion
Updated On : 23 Jul 2024 | 7:24 PM IST

Union Budget 2024-25: Absence of incentives disappoints hospitality sector

India has witnessed a remarkable development in the tourism and hospitality sectors in the post-COVID-19 era. According to the Economic Survey 2023-24

Union Budget 2024-25: Absence of incentives disappoints hospitality sector
Updated On : 23 Jul 2024 | 6:43 PM IST

Budget 2024: Mere 0.5% boost to department of drinking water and sanitation

Budget also includes significant funding for water supply and sanitation at Rs 64,302.85 cr, an increase from the previous year's Rs 64,138.41 cr

Budget 2024: Mere 0.5% boost to department of drinking water and sanitation
Updated On : 23 Jul 2024 | 5:54 PM IST

Census, NPR unlikely in 2024 too as only Rs 1,309.46 cr allocated in Budget

The house listing phase of the census and the exercise to update the NPR were scheduled to be carried out across the country from April 1 to September 30, 2020 but were postponed due to the COVID-19

Census, NPR unlikely in 2024 too as only Rs 1,309.46 cr allocated in Budget
Updated On : 23 Jul 2024 | 5:28 PM IST

Union Budget 2024: Paving the path for India's sustained growth story

India's FY25 capital expenditure outlay is maintained at Rs 11.11 trillion, in line with the Interim Budget and up from last year's estimate of Rs 9.5 trillion

Union Budget 2024: Paving the path for India's sustained growth story
Updated On : 23 Jul 2024 | 5:16 PM IST

Govt proposes to set up e-commerce hubs to promote exports in PPP mode

Commerce Secretary Sunil Barthwal has recently said that a regulatory framework to push the country's exports through e-commerce medium is expected to be ready by September

Govt proposes to set up e-commerce hubs to promote exports in PPP mode
Updated On : 23 Jul 2024 | 3:05 PM IST

Chief economic advisor Nageswaran calls out rich nations' climate hypocrisy

In the annual economic survey, Nageswaran said it is morally wrong to ask developing countries to abandon their aspirations for better living standards

Chief economic advisor Nageswaran calls out rich nations' climate hypocrisy
Updated On : 23 Jul 2024 | 10:05 AM IST

Need to create 8 million jobs a year until 2036, says Economic Survey

Nudges pvt sector on jobs, cautions on AI; sees GDP growing by 6.5-7% in FY25; makes a case for FDI from China

Need to create 8 million jobs a year until 2036, says Economic Survey
Updated On : 23 Jul 2024 | 12:52 AM IST

Amid geopolitical tensions, growing exports to be stiffer challenge: Survey

Cites risks of geopolitical tensions, rise in protectionism, higher trade cost because of the Red Sea crisis, and commodity price volatility as reasons

Amid geopolitical tensions, growing exports to be stiffer challenge: Survey
Updated On : 23 Jul 2024 | 12:26 AM IST

Economic Survey 2023-24: How India's overtime premium dwarfs peers'

This could be a disadvantage for the Indian economy, mentions the survey

Economic Survey 2023-24: How India's overtime premium dwarfs peers'
Updated On : 23 Jul 2024 | 12:24 AM IST

Boost to PLI, MITRA schemes to unlock non-farm job growth: Economic Survey

Share of agriculture in workforce will decline from 45.8 per cent in 2023 to one-fourth in 2047, it says

Boost to PLI, MITRA schemes to unlock non-farm job growth: Economic Survey
Updated On : 23 Jul 2024 | 12:16 AM IST

Developed world's climate plans in a fog, India's a clear blue sky: Survey

"Even as developed nations prepare to impose a carbon tax at the border on imports coming into their countries laden with carbon, they are ramping up energy demand like never before," said the Survey

Developed world's climate plans in a fog, India's a clear blue sky: Survey
Updated On : 23 Jul 2024 | 12:07 AM IST
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