International Monetary Fund Asia & Pacific Director Krishna Srinivasan on April 20 praised India’s growth trajectory under Prime Minister Narendra Modi’s regime. Speaking to ANI, he said, “India has successfully navigated multiple shocks we’ve seen in the recent past, starting from the pandemic to the war in Ukraine and then the recent tensions in the Gulf. Growth at 6.8 per cent in 2024-25 is a very impressive number. And this is largely led by private consumption and public investment. I don’t see any red flags in the near term, but I would highlight one important aspect. Now, India has a young, growing population. India is likely to add about 15 million people to the labor force every year. Now, if you want to benefit from this demographic change, you will need lots of reforms. I think in particular, I would emphasize the need for significant investment in education and healthcare so that this growing labor force can contribute productively to the economy.”
20 April,2024 04:17 PM IST
The Supreme Court praised the growing Indian economy as robust and recognised in the world. The Supreme Court’s observation came while hearing the suit filed by Kerala Government against Centre. The Kerala Govt accused the Centre of not allowing it to borrow more money to meet its needs. Justices Surya Kant, KV Vishwanathan were hearing Kerala Govt’s plea raising the grave financial crisis. The Supreme Court remarked that India's economy is robust and is recognised in the entire world. Notably, India is currently the fifth largest economy of the world and visions to become the third largest soon. PM Modi has exuded confidence in returning to power and making the nation third-largest economy. External Affairs Minister also recently said that the country will soon move to grab the third position.
08 March,2024 06:10 PM IST
The star cast of ‘The UP files’, including actors Manoj Joshi Manjari Phadnis, Avtar Gill, Ali Asgar, Shahnawaz Khan, and Milind Gunaji., opened up about their roles and the theme of their movie, which is set to release on March 1, 2024, in theatres. 'The UP Files', actor Manoj Joshi says, "When UP gets a new Chief Minister who is ambitious and dedicated to taking his state to new heights and establishing a model of good governance, takes every necessary measure and ultimately makes the state count among the few developed states of India. UP has given India many good Prime Ministers, but still, it lacks in development... UP has everything, but the dedication to develop the state was missing among its leaders for decades."
21 February,2024 05:30 PM IST
Interim Budget 2024 was presented today by Union Finance Minister Nirmala Sitharaman for the year 2024-25. Her budget speech lasted 56 minutes, her shortest ever. While BJP leaders lauded the budget for its host of measures focusing on realising the resolve of a developed India, the opposition termed it hollow. Indian stock indices took a rollercoaster ride and settled marginally in the red, the day the central government presented its interim Budget for 2024-25. But what were the key highlights from the budget and how does it impact the economy? From Taxation, Agriculture, Energy to Tourism and Infrastructure, here are key budget highlights that you need to know.Also Read: Budget 2024 evokes mixed reactions from hospitality, healthcare and AI sectors
07 February,2024 02:27 PM IST
Prime Minister Narendra Modi hailed the Interim Budget 2024 presented by Union Finance Minister Narendra Modi and said the budget is just like a sweet spot. PM Modi also highlighted that the budget presented the Nirmala Sitharaman caters to the four pillars of Viksit Bharat. Various political leaders also reacted to the budget. Congress MP Shashi Tharoor labelled it as one of the shortest speeches on record in the Budget and termed it disappointing. Defence Minister Rajnath Singh mentioned it as an encouraging budget and said that the government is fully confident of achieving the target of becoming a developed nation by 2047. Congress MP Manish Tewari said that it is a 'vote-on-account' which has only one purpose to keep the government solvent for the first quarter of the current fiscal year.
01 February,2024 03:10 PM IST
Union Finance Minister Nirmala Sitharaman presented the Union Interim Budget 2024-25 today. Congress MP Shashi Tharoor labelled it as one of the shortest speeches on record in the Budget and termed it disappointing. Defence Minister Rajnath Singh mentioned it as an encouraging budget and said that the government is fully confident of achieving the target of becoming a developed nation by 2047. Congress MP Manish Tewari said that it is a 'vote-on-account' which has only one purpose to keep the government solvent for the first quarter of the current fiscal year. Union Minister VK Singh said “Everything will be for 'Vikshit Bharat'...everything has been discussed in the budget to strengthen the economy...". From the opposition MP’s to the ruling government leaders, here’s how the political leaders reacted to the Interim Budget announcement.
01 February,2024 01:31 PM IST
Union Finance Minister Nirmala Sitharaman presented the Union Interim Budget 2024-25 today. This is her 6th consecutive budget presentation. In her interim Budget 2024 speech, she announced that there will be no change in the tax structure. “I do not propose to make any changes relating to the taxation and propose to retain the same tax rates for direct and indirect taxes including import duties”. Finance Minister Nirmala Sitharaman said in her interim Budget speech. She announced proposals for making improvements in the tax-payers services for ensuring ease in living and ease of business. She also proposed to withdraw all pending tax demands up to ₹25,000 till 2009-10 and ₹10,000 till 2014-15; benefiting 1 crore tax payers.
01 February,2024 01:00 PM IST
Union Finance Minister Nirmala Sitharaman is presenting the Union Interim Budget 2024-25. This is her 6th consecutive budget presentation. Nirmala Sitharaman kickstarted her Interim Budget 2024 speech by highlighting the positive transformation in the last 10 years under the Modi Government. The finance minister underlined Skill India Mission, the idea of ‘Viksit Bharat’ and enhancing real income in the rural areas and empowering the poor. Watch her latest budget speech here.
01 February,2024 11:54 AM IST
Finance Minister Nirmala Sitharaman on Feb 01 posed along with her team ahead of presentation of Budget 2024. It will be her sixth Budget as the Finance Minister and last in the second term of the Modi Government. She will table the interim budget 2024 before the country heads for Lok Sabha Polls later this year.
01 February,2024 10:44 AM IST
Interim Budget 2024 is just a day away. The budget to be presented by Nirmala Sitharaman on 1st February will be an Interim Budget that will include the current government’s temporary financial plan through which it can meet its operational needs until a new government is formed after the Lok Sabha elections 2024. It is then that the complete Union Budget 2024 will be presented. But do you know who presented the first budget and how Halwa plays an important role in the Budget tradition? From the instance of Budget leakage to breaking the colonial budget traditions, here are some interesting facts about India’s budget that you might not know.
31 January,2024 07:00 PM ISTADVERTISEMENT
