Centre's 8-point booster for MSMEs to help them compete globally

New Delhi (IANS) In a booster for micro, small and medium enterprises (MSMEs), the government on Tuesday formulated a detailed package that covers financing, regulatory changes and technology support for them to grow and also compete globally. 

Budget gives big boost to agriculture sector

New Delhi (IANS): Finance Minister Niramala Sitharaman announced an outlay of Rs 1.52 lakh crore in Budget 2024-25 to boost production and resilience in the agriculture and allied sectors. 

The measures unveiled to enhance productivity and…

Custom duty reforms to boost domestic manufacturing: FM

New Delhi (IANS) The proposals to reduce customs duties will support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation, while keeping the interest of the general public and consumers surmount,…

FM Nirmala Sitharaman set to present her 7th Budget, major reforms expected

New Delhi (IANS) Union Finance Minister Nirmala Sitharaman is set to present her seventh straight Union Budget on Tuesday that would lay a roadmap for 'Viksit Bharat' by 2047. 

After presenting the Budget, Finance Minister Sitharaman…

Sensex trades flat ahead of Union Budget

Mumbai (IANS) India equity indices were trading flat on Tuesday ahead of Finance Minister Nirmala Sitharaman's budget presentation at 11 a.m. in Parliament. 

At 9:55 a.m., Sensex was up 35 points or 0.04 per cent at 80,537 and Nifty was…

Creating 78.5 lakh jobs annually till 2030 signals Centre’s resolve: Assocham on Eco Survey

New Delhi (IANS) Terming the Economic Survey 2023-2024 a 'bold' document, leading industry chamber Assocham on Monday said the way it has emphasised the need for creating 78.5 lakh jobs annually till 2030, signals the government's resolve…

Economic Survey pegs India's GDP growth rate at 6.5-7 pc for 2024-25

New Delhi (IANS) The Economic Survey tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday projects India’s GDP growth rate at 6.5 to 7 per cent for 2024-25 as it sees the economy on a strong wicket.  

The survey states that…

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

New Delhi (IANS) As the Centre is set to present the Union Budget 2024-2025 on July 23, stock market experts bet big on four key sectors -- capital goods, defence, electronics system design and manufacturing (ESDM) and Tourism. 

The market…

Commercial vehicle sales surge amid rapid urbanisation, economic growth in India

New Delhi (IANS) Driven by friendly government policies, rapid urbanisation and economic growth, sales volumes of commercial vehicles (CV) have nearly recovered to the pre-Covid times, according to Girish Wagh, Executive Director of Tata Motors. 

India’s goods exports to top countries record double digit surge

New Delhi (IANS) India’s exports to the lucrative Western markets have recorded a strong double-digit growth in the April-June quarter of the current financial year reflecting the competitive strength of the economy.

The latest data compiled…