Finance Minister Says India Maintained 8% Growth Rate For 3 Quarters Straight
11 months, 3 weeks ago

Finance Minister Says India Maintained 8% Growth Rate For 3 Quarters Straight

ABP News  

Union Finance Minister Nirmala Sitharaman voiced her optimism regarding India's economic growth momentum while speaking at a parliamentary election convention hosted by Thiruvananthapuram BJP candidate Rajeev Chandrasekhar on Thursday. Sitharaman emphasised the nation's strong economic performance, pointing out three consecutive quarters with growth rates surpassing 8 per cent. Recognising the necessity for concerted efforts to ensure continuous growth, Sitharaman called upon every state to engage actively in India's economic advancement. Sitharaman stressed the pivotal role played by the middle class in propelling economic growth, emphasizing the necessity of preserving their purchasing power.

India Growth Economic Growth Economic Middle Class Rate Finance Minister Minister Sitharaman  growth  indias  potential  class  minister  sitharaman  maintained  economic  finance  middle  necessity  india  state  straight  quarters  rate

History of this topic

Indias exports are bound to grow despite global uncertainties: DGFT
1 day, 11 hours ago

Indias exports are bound to grow despite global uncertainties: DGFT

Live Mint  

New Delhi, Mar 26 India's exports are bound to grow in the coming years despite uncertainties over global trade and tariff, a senior government official said on Wednesday. Despite the "uncertainties relating to trade and tariff, our exports are bound to grow in future years," he said at the Sourcex India 2025 show. Sarangi said that in the current year, …

100% growth over past 10 years! IMF says India GDP likely to hit ₹3.6 lakh crore by 2025-end. Top updates
Trending News
1 day, 13 hours ago

100% growth over past 10 years! IMF says India GDP likely to hit ₹3.6 lakh crore by 2025-end. Top updates

Live Mint  

The International Monetary Fund has in its latest report noted that India's GDP growth rate has doubled over the past decade, and the country is likely to reach ₹3.6 lakh crore by 2025-end, ANI reported. IMF data showed that India's GDP was ₹1.8 lakh crore in 2015 and is expected to reach ₹3.6 lakh crore by 2025-end — a 100 …

Tamil Nadu not just growing, also leading: MK Stalin on Economic Survey 2024-25
2 weeks ago

Tamil Nadu not just growing, also leading: MK Stalin on Economic Survey 2024-25

India Today  

Tamil Nadu on Thursday released its first-ever Economic Survey for 2024-25, showcasing the state's economic progress and its roadmap to becoming a 1 trillion dollar economy by 2030. The report, presented by the Tamil Nadu State Planning Commission, highlighted the state's strong growth trajectory, with the Gross State Domestic Product reaching Rs 27.22 lakh crore in 2023-24. Tamil Nadu contributed …

Tamil Nadu’s first Economic Survey indicates State likely to maintain 8%+ growth rate
2 weeks ago

Tamil Nadu’s first Economic Survey indicates State likely to maintain 8%+ growth rate

The Hindu  

Tamil Nadu’s first Economic Survey 2024-25 has indicated that the State is expected to maintain a growth rate of above 8% in 2024-25. Building on a strong foundation of inclusive policies, Tamil Nadu has demonstrated remarkable economic resilience, consistently achieving growth rates of 8% or more since 2021-22,” the report said. The survey highlighted that Tamil Nadu’s progressive social policies, …

India’s GDP growth to surpass 6.5 per cent in FY26, one of the fastest rates among large economies: Moody’s
2 weeks, 1 day ago

India’s GDP growth to surpass 6.5 per cent in FY26, one of the fastest rates among large economies: Moody’s

Live Mint  

Higher government capex and a boost in consumption will fuel India's economic growth in FY26, exceeding 6.5 per cent in the next fiscal, Moody's ratings said on Wednesday. “Government capital expenditure, tax cuts for middle-class income groups to boost consumption and monetary easing will help India's real GDP growth exceed 6.5% for fiscal 2025-26 from 6.3% in fiscal 2024-25,” Moody's …

Spotlight on economic growth rate of 8%
2 weeks, 5 days ago

Spotlight on economic growth rate of 8%

The Hindu  

Director of Madra School of Economics N.R. Bhanumurthy on Saturday emphasised the need to achieve an economic growth rate of over 8% to ensure economic self-reliance by 2047, in line with the goal of a developed India. Siddhartha Arts and Science College in Vijayawada, he suggested implementing frequent updates to statistics at district, State and national levels to design better …

Maharashtra’s economy set to grow at 7.3% in 2024-25, outpacing national growth: Economic Survey
2 weeks, 5 days ago

Maharashtra’s economy set to grow at 7.3% in 2024-25, outpacing national growth: Economic Survey

The Hindu  

Maharashtra’s economy is projected to grow at 7.3% in the financial year 2024-25, surpassing the national growth estimate of 6.5%, according to the state’s pre-Budget Economic Survey tabled in the assembly on Friday. Maharashtra’s nominal Gross State Domestic Product for 2024-25 is estimated at ₹45.31 lakh crore, up from ₹40.55 lakh crore in 2023-24. During the rabi season, sowing covered …

Karnataka CM presents Rs 19,000 crore revenue deficit budget with Rs 4.09 lakh crore outlay
2 weeks, 6 days ago

Karnataka CM presents Rs 19,000 crore revenue deficit budget with Rs 4.09 lakh crore outlay

New Indian Express  

BENGALURU: Chief Minister Siddaramaiah, who also holds the Finance portfolio, presented a Rs 19,262 crore revenue-deficit Karnataka Budget for 2025-26 here on Friday, March 7, with a total outlay pegged at Rs 4,09,549 crore as against the revised estimate of Rs 3,65,865 crore for 2024-25. Though it showed commitment to implement the five guarantees, the allocation saw a stagnation as …

India to grow at 6.5% in fiscal 2026 despite challenges: Crisil
3 weeks ago

India to grow at 6.5% in fiscal 2026 despite challenges: Crisil

The Hindu  

India’s real gross domestic product growth will be steady at 6.5% in fiscal 2026 despite uncertainties stemming from geopolitical turns and trade-related issues led by U.S. tariff actions, Crisil said at its India Outlook seminar on Thursday. Over the past few years, we have built a few safe harbours against exogenous shocks — healthy economic growth, low current account deficit …

India’s economy grew 66% in last decade: PM Modi at post-Budget webinar
Trending News
3 weeks ago

India’s economy grew 66% in last decade: PM Modi at post-Budget webinar

Hindustan Times  

Prime Minister Narendra Modi said on Wednesday that India’s economy grew 66% over the last decade, citing a February report from the International Monetary Fund. Speaking at a post-budget webinar on employment generation, Modi highlighted what he called “remarkable observations” from the IMF regarding India’s economic performance. “Such a participatory model is rare, but I am happy that this annual …

Battle for growth: On India’s economic trajectory
Trending News
3 weeks, 3 days ago

Battle for growth: On India’s economic trajectory

The Hindu  

There was a significant uptick in India’s economic trajectory, in the December quarter of this financial year, registering a 6.2% real GDP growth rate, compared with a low revised estimate of 5.6% in the previous quarter. The 6.2% growth rate also suggests that the government’s full-year growth target of 6.5% is virtually unattainable, given global headwinds of tariffs that could …

Securing the growth path
3 weeks, 4 days ago

Securing the growth path

Hindustan Times  

Last Friday’s GDP numbers were best summarised by HSBC chief India economist Pranjul Bhandari in a research note, “a beautiful past, predictable present”. We will know in May whether the March quarter numbers meet the assumed 7.6% target required to take 2024-25 GDP growth to the estimated 6.5%. Now, economic policy must preserve the relative comfort of the country being …

Viksit Bharat’2047 a realisable ambition, per capita income needs to grow at 7.3%: Panagariya
3 weeks, 5 days ago

Viksit Bharat’2047 a realisable ambition, per capita income needs to grow at 7.3%: Panagariya

Live Mint  

New Delhi, Mar 1 The 16th Finance Commission Chairman Arvind Panagariya on Saturday said India's aim to become a developed nation by 2047 is a "realisable ambition" for which the country’s per-capita income needs to grow at 7.3 per cent in dollar terms to USD 14,000 over the next 24 years. Speaking at the 49th Civil Accounts Day, Panagariya said …

India’s GDP growth picks up in Q3 at 6.2%
3 weeks, 5 days ago

India’s GDP growth picks up in Q3 at 6.2%

Hindustan Times  

The Indian economy grew at 6.2% in the quarter ending December 2024, according to data released by the National Statistical Office on Friday that also revised upward growth for 2022-23 and 2023-24 to 7.6% and 9.2%, which means the extent of the slowdown in 2024-25 is worse than previously estimated. The latest GDP numbers also mean that the Indian economy …

Bihar economy logs 3.5 times growth in over 10 yrs: Dy CM
3 weeks, 5 days ago

Bihar economy logs 3.5 times growth in over 10 yrs: Dy CM

New Indian Express  

In the fiscal year 2023-24, tax revenue was worth Rs 1,61,965 crore, making it the most significant component of revenue receipts. The share of tax revenue in total receipts increased from 75.3% in 2019-20 to 83.8% in 2023-24 as grants-in-aid during 2023-24 was 13.5% of the receipts, totalling Rs 26,125 crore, while non-tax sources contributed 2.7%, amounting to Rs 5,257 …

India Needs 7.8% Growth for Next 20 Years to Be HIC: World Bank
3 weeks, 6 days ago

India Needs 7.8% Growth for Next 20 Years to Be HIC: World Bank

Deccan Chronicle  

Chennai: India will have to grow by 7.8 per cent on average over the next 22 years, above its historical average of 6.7 per cent to achieve high-income status. However, to reach the High-Income Country status by 2047, India would need to grow above its historical average of 6.7 per cent for the next two decades. India’s overall labour force …

India’s GDP growth forecast: Indian economy grew at 6.2% in Q3 GDP data of 2024-25, down from 9.5% in the previous year
3 weeks, 6 days ago

India’s GDP growth forecast: Indian economy grew at 6.2% in Q3 GDP data of 2024-25, down from 9.5% in the previous year

The Hindu  

India’s real Gross Domestic Product grew 6.2% in the October to December 2024 period, the third quarter of the fiscal year, picking up pace from the 5.6% growth recorded in the previous quarter, according to data released by the National Statistics Office on Friday. “On the demand side, recovery in consumption growth, government expenditure and export growth look encouraging.” Exports …

India should focus on accelerated reforms to speed up growth, achieve high-income status by 2047: World Bank
3 weeks, 6 days ago

India should focus on accelerated reforms to speed up growth, achieve high-income status by 2047: World Bank

The Hindu  

India would need to grow by 7.8% on average over the next 22 years to achieve the country’s aspirations of reaching high-income status by 2047, said the World Bank in a report released on Friday. Achieving this target was possible, however, getting there would require reforms and their implementation to be as ambitious as the target itself, said the report …

India needs 7.8% average annual growth to become a high-income country by 2047: World Bank
3 weeks, 6 days ago

India needs 7.8% average annual growth to become a high-income country by 2047: World Bank

Live Mint  

India will need its economy to grow at an average annual rate of 7.8 per cent to become a high-income country by 2047. The World Bank said in its India Country Memorandum titled ‘Becoming a High-Income Economy in a Generation’ that India's growth averaged 6.3 per cent between 2000 and 2024. For India to become a high-income economy by 2047, …

Growth accelerates, but remains too slow to achieve mission 2047
3 weeks, 6 days ago

Growth accelerates, but remains too slow to achieve mission 2047

New Indian Express  

India’s GDP growth rebounded in the third quarter to 6.2 percent, ending the slowdown streak seen over the previous few quarters. According to Chief Economic Adviser V Anantha Nageswaran, the fourth quarter needs to turn in 7.6 percent growth to achieve the full-year estimate, which saw a modest revision upwards on Friday. Though government expenditure and investments are likely to …

India needs 1.2-1.5 tax buoyancy to achieve 6.5-7% growth: EY
1 month ago

India needs 1.2-1.5 tax buoyancy to achieve 6.5-7% growth: EY

The Hindu  

“India has to maintain a tax buoyancy in the range of 1.2-1.5 to achieve a growth of 6.5-7%,” an EY report said on Wednesday, February 26, 2025. “India’s fiscal strategy must focus on enhancing tax buoyancy, prudent expenditure management, and continued structural reforms to ensure sustainable growth,” EY said. “However, for India to achieve a medium-term growth trajectory of 6.5-7.0% …

Govt extends tenure of chief economic advisor V Anantha Nageswaran to March 2027
1 month, 1 week ago

Govt extends tenure of chief economic advisor V Anantha Nageswaran to March 2027

Live Mint  

New Delhi: The Indian government has extended chief economic adviser V Anantha Nageswaran’s tenure by two years, keeping him in the role until March 2027, the ministry of finance said on Thursday. The extension, approved by the appointments committee of the union cabinet led by prime minister Narendra Modi, comes weeks after the Economic Survey 2024-25 projected GDP growth of …

Economy on speedy rebound, India to remain fastest growing nation: Sitharaman
1 month, 2 weeks ago

Economy on speedy rebound, India to remain fastest growing nation: Sitharaman

The Hindu  

India’s economy is in the midst of “a speedy rebound” after a brief moderation in the second quarter of this year, Finance Minister Nirmala Sitharaman said on Tuesday, asserting that the Union Budget 2025-26 has sought to address the immediate challenges facing the national economy amid “immense” global uncertainties. ‘Strong economic foundations’ Stressing that India’s economy grew by an average …

India's GDP witnessing speedy rebound, set to remain world's fastest growing economy: Sitharaman in Lok Sabha
1 month, 2 weeks ago

India's GDP witnessing speedy rebound, set to remain world's fastest growing economy: Sitharaman in Lok Sabha

India TV News  

Parliament Session: Finance Minister Nirmala Sitharaman on Tuesday said that the Indian economy is experiencing a "speedy rebound" from the 5.4 per cent growth recorded in the second quarter of the current fiscal. Sitharaman said the effective capital expenditure in FY'26 is Rs 15.48 lakh crore, which is 4.3 per cent of GDP. She said the effective capital expenditure in …

RBI in sync with government on growth focus, says Sitharaman
1 month, 2 weeks ago

RBI in sync with government on growth focus, says Sitharaman

The Hindu  

With the Reserve Bank of India following up the Union Budget’s demand stimulus for the slowing economy with a long-awaited interest rate cut, Finance Minister Nirmala Sitharaman said on Saturday that fiscal and monetary policy working in harmony to spur growth impulses, should yield a bigger boost to the economy. The government expected India’s tepid private investment trends to reverse, …

Finance Minister Nirmala Sitharaman says income tax and RBI rate cut will boost economy: Report
1 month, 2 weeks ago

Finance Minister Nirmala Sitharaman says income tax and RBI rate cut will boost economy: Report

Hindustan Times  

The income tax relief which the Budget 2025 provided, coupled with the Reserve Bank of India's repo rate cut will boost recovery in consumption in the economy, a report by news agency ANI quoted Finance Minister Nirmala Sitharaman as saying. Union Finance Minister Nirmala Sitharaman during an interview with PTI, in New Delhi, Sunday, Feb. 2, 2025. Besides this, the …

Fiscal and monetary measures to boost consumption, private investment says FM
1 month, 2 weeks ago

Fiscal and monetary measures to boost consumption, private investment says FM

The Hindu  

Finance Minister Nirmala Sitharaman on Saturday said, “Fiscal and monetary measures announced recently will help boost consumption and promote private investment.” The Budget presented by the Finance Minister on February 1 proposed a slew of measures including significant income tax cuts for the middle class. On the monetary side, the Reserve Bank of India on Friday slashed the policy rate …

DC Edit | RBI focuses on growth, takes a calculated risk
1 month, 2 weeks ago

DC Edit | RBI focuses on growth, takes a calculated risk

Deccan Chronicle  

With global uncertainties making India’s growth trajectory unclear, the Reserve Bank of India appears to have concentrated its focus on boosting growth rate under its new governor Sanjay Malhotra. As part of this agenda, the RBI led Monetary Policy Committee slashed repo rate by 25 basis points to 6.25 per cent. Malhotra, who is a career bureaucrat like Shaktikanta Das, …

India can certainly achieve 7% plus growth rate says RBI’s New Governor Sanjay Malhotra
1 month, 2 weeks ago

India can certainly achieve 7% plus growth rate says RBI’s New Governor Sanjay Malhotra

Deccan Chronicle  

Mumbai: The Reserve Bank of India’s new governor Sanjay Malhotra on Friday said that India can achieve a 7 per cent plus growth rate and the country should aspire for it. The six member central bank’s rate setting panel in its bi-monthly monetary policy has pegged India’s FY26 GDP growth at about 6.7 marginally higher than the earlier forecast of …

RBI MPC meeting 2025: RBI projects 6.7% growth for FY’26 on better Rabi harvest, tax relief by govt
1 month, 2 weeks ago

RBI MPC meeting 2025: RBI projects 6.7% growth for FY’26 on better Rabi harvest, tax relief by govt

The Hindu  

Reserve Bank on Friday projected the growth rate for the upcoming financial year at 6.7%, up from 6.4% estimated for the current fiscal ending March. Healthy Rabi prospects and an expected recovery in industrial activity should support economic growth in 2025-26, RBI Governor Sanjay Malhotra said while announcing his first bi-monthly monetary policy for the current fiscal. Finance Minister Nirmala …

Using a tax prod to goad the great Indian middle class
1 month, 3 weeks ago

Using a tax prod to goad the great Indian middle class

New Indian Express  

February 1 was a firecracker moment for the great Indian middle class. In her record 8th budget as finance minister, Nirmala Sitharaman announced a whole set of new income tax slabs, and a set of new tax rates that has India salivating. The government is proposing to sacrifice as much as Rs 1,00,000 crore in direct tax revenues, which would …

Heard voice of middle class, tax reform to drive consumption and savings: Nirmala Sitharaman on Budget
1 month, 3 weeks ago

Heard voice of middle class, tax reform to drive consumption and savings: Nirmala Sitharaman on Budget

New Indian Express  

"I wouldn't want to predict something, but certainly this tax proposal will make people have more money in their hands.So, I expect this would show both in terms of consumption spending and also in terms of savings, which can be through many different instruments," she said. Opining that reducing taxes is the first step towards the new tax bill, the …

Chandrajit Banerjee | FM lays down a transformative blueprint for India’s growth
1 month, 3 weeks ago

Chandrajit Banerjee | FM lays down a transformative blueprint for India’s growth

Deccan Chronicle  

The Union Budget 2025-26, unveiled by finance minister Nirmala Sitharaman, adeptly navigates the imperative of addressing immediate economic priorities while charting a path towards India’s long-term aspiration of becoming a developed nation by 2047. Other major infrastructure initiatives include the extension of the Jal Jeevan Mission, the creation of an Urban Challenge Fund, the launch of a Nuclear Energy Mission, …

Expert view: Budget positive for investors; buy THESE 10 stocks for long term, says Prashanth Tapse of Mehta Equities
1 month, 3 weeks ago

Expert view: Budget positive for investors; buy THESE 10 stocks for long term, says Prashanth Tapse of Mehta Equities

Live Mint  

Expert view: Prashanth Tapse, Senior VP of Research at Mehta Equities, views Budget 2025 as positive for investors, particularly as it favors consumption-driven sectors. Key takeaways from the market's perspective Focus on enhancing the spending power of India’s rising middle class to accelerate growth. Investors should focus on consumption-driven sectors, as increased disposable income among middle-class consumers is expected to …

‘Focus on wealth creation, win for middle class’: How experts see tax cut in Sitharaman’s Budget 2025
1 month, 3 weeks ago

‘Focus on wealth creation, win for middle class’: How experts see tax cut in Sitharaman’s Budget 2025

Firstpost  

After Union Finance Minister Nirmala Sitharaman proposed to make income up to Rs 12 lakh tax-free in the Budget 2025-26, among other measures, experts said it was a pro-growth budget that sought to focus on wealth creation for the middle class with eyes on triggering consumption-led growth A customer looks at consumable goods before buying them at a supermarket in …

Modi government slashes income tax for middle classes in India budget
1 month, 3 weeks ago

Modi government slashes income tax for middle classes in India budget

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Indian Prime Minister Narendra Modi’s …

The budget’s horizon is closer: Just as our growth challenge needs it to be
1 month, 3 weeks ago

The budget’s horizon is closer: Just as our growth challenge needs it to be

Live Mint  

Ever since India’s government set the goal of a Viksit Bharat by 2047, Union budgets have been bifocal. This is a sign of the Centre’s confidence not just in this agenda, with its mix of short- and long-horizon gains, but also in its capacity to make full use of it amid scepticism evoked by missed targets; its revised capex for …

Budget 2025: Modi govt's big income tax relief to middle class| Key takeaways
1 month, 3 weeks ago

Budget 2025: Modi govt's big income tax relief to middle class| Key takeaways

Hindustan Times  

Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing. In her budget speech, Finance Minister Nirmala Sitharaman said the government is focused on boosting private investment to strengthen growth, increasing funding in the agriculture sector and …

Budget 2025: Significant Tax Cuts and Reforms to Empower Middle Class and Boost Economy | ABP NEWS
1 month, 3 weeks ago

Budget 2025: Significant Tax Cuts and Reforms to Empower Middle Class and Boost Economy | ABP NEWS

ABP News  

The recent Indian Union Budget presented by Finance Minister Nirmala Sitharaman brings significant tax relief to the middle class. For those earning between ₹12 lakh and ₹16 lakh, the tax rate will be 15%, and it increases incrementally for higher income brackets, with a maximum of 30% for incomes above ₹24 lakh. Key announcements include opening the atomic energy sector …

Takeaways from India’s budget that slashes income tax on the salaried middle class to spur growth
1 month, 3 weeks ago

Takeaways from India’s budget that slashes income tax on the salaried middle class to spur growth

Associated Press  

NEW DELHI — Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and manufacturing. In her budget speech, Finance Minister Nirmala Sitharaman said the government is focused on boosting private investment to strengthen growth, increasing funding in …

income-tax-Budget 2025 Live Updates: From Electronics to EVs, Decoding What Gets Cheaper and What Gets Costlier for Indian Households-2025-union-budget-what-gets-cheaper-costlier
1 month, 3 weeks ago

income-tax-Budget 2025 Live Updates: From Electronics to EVs, Decoding What Gets Cheaper and What Gets Costlier for Indian Households-2025-union-budget-what-gets-cheaper-costlier

ABP News  

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, outlining key priorities to accelerate economic growth, ensure inclusive development, support industries, and enhance household sentiment. Secure inclusive development c. Invigorate society and industry d. Uplift household sentiment and e. Enhance spending on power of India's rising middle class,” Sitharaman said while outlining her Budget focus. Marine & Shipbuilding Sector: BCD …

Union Budget 2025: No Income Tax To Those Earning Upto Rs 12 lakh- Top Highlights Of Nirmala Sitharaman's Speech
Top News
1 month, 3 weeks ago

Union Budget 2025: No Income Tax To Those Earning Upto Rs 12 lakh- Top Highlights Of Nirmala Sitharaman's Speech

ABP News  

Union Budget 2025 LIVE: Finance Minister Nirmala Sitharaman's announcement that those earning up to Rs 12 lakh would not be subject to taxes was a significant boost to the middle class. Presenting her eighth consecutive budget, Union Finance Minister Nirmala Sitharaman stated that the government's efforts to boost growth, ensure inclusive development, stimulate private sector development, and increase the purchasing …

Finance minister Nirmala Sitharaman pledges reform blueprint to propel India towards developed economy
1 month, 3 weeks ago

Finance minister Nirmala Sitharaman pledges reform blueprint to propel India towards developed economy

Live Mint  

New Delhi: The Union government plans to undertake transformative reforms in six key domains to spur economic growth and accelerate the country’s journey to becoming a developed economy, finance minister Nirmala Sitharaman said announcing the Budget for 2025-26. “For this journey of development, our four powerful engines are agriculture, micro, small and medium enterprises, investments and exports…,” the minister said, …

Govt To Introduce New Income Tax Bill Next Week: FM Sitharaman
1 month, 3 weeks ago

Govt To Introduce New Income Tax Bill Next Week: FM Sitharaman

ABP News  

Union Finance Minister Nirmala Sitharaman while presenting the Union Budget 2025-26 said the government will introduce a New Income Tax Bill next week. Presenting the 14th consecutive Budget under the Narendra Modi government since 2014, Sitharaman said, "Together we embark on journey to unlock our potential for greater prosperity." In her record 8th straight Budget presentation, the finance minister said, …

‘Our economy is fastest growing economy in the world’: Sitharaman in Union Budget 2025
1 month, 3 weeks ago

‘Our economy is fastest growing economy in the world’: Sitharaman in Union Budget 2025

Firstpost  

While presenting the 2025 Union Budget, Finance Minister Nirmala Sitharaman said that India is the fastest-growing among all major economies in the world While presenting the, Finance Minister Nirmala Sitharaman said that India is still the fastest-growing among all major economies in the world. It aims to invigorate private sector investments, uplift household sentiments and bolster the power of India’s …

Budget 2025: Set to Drive Economic Growth, Support Middle Class, and Boost Agriculture | ABP NEWS
1 month, 3 weeks ago

Budget 2025: Set to Drive Economic Growth, Support Middle Class, and Boost Agriculture | ABP NEWS

ABP News  

The focus of this year's budget is to boost India's overall economic growth, targeting a growth rate of over 6% and keeping inflation below 5%. The government aims to maintain liquidity in the market while encouraging consumption to support economic growth. A major area of focus will be the middle class, with Prime Minister Modi's recent statement signaling relief for …

India's Budget 2025: Will the 2025 Budget Offer Relief to the Middle Class? | ABP NEWS
1 month, 3 weeks ago

India's Budget 2025: Will the 2025 Budget Offer Relief to the Middle Class? | ABP NEWS

ABP News  

India's 2025 budget process reflects the government's continued focus on economic growth and structural reforms. There is also a continued focus on agriculture, labor reforms, and strengthening the capital expenditure framework to ensure long-term growth. Additionally, the government’s commitment to rural economies and small-scale industries remains strong, aligning with the push for textile sector reforms and regional economic development. This …

External factors responsible for slowdown in growth: CEA Anantha Nageswaran
1 month, 3 weeks ago

External factors responsible for slowdown in growth: CEA Anantha Nageswaran

New Indian Express  

NEW DELHI: The golden era of globalisation probably disappearing amid geopolitical and policy uncertainties, resulting in the economic growth slowdown, Chief Economic Adviser V Anantha Nageswaran said on Friday. India's economy is likely to expand by 6.3 to 6.8 per cent in the coming fiscal, much lower than what is needed to become a developed country, and requires deregulation and …

India’s budget gives tax relief to middle class to boost spending, growth
1 month, 3 weeks ago

India’s budget gives tax relief to middle class to boost spending, growth

Al Jazeera  

Income tax rates slashed as the world’s fifth largest economy focuses on spurring domestic demand and economic growth. Indian Prime Minister Narendra Modi’s government has unveiled an annual budget focused on appealing to the country’s middle class and spurring economic growth by boosting agriculture and manufacturing. The government also lowered tax rates for people earning above the new threshold, as …

Budget 2025: Will Nirmala Sitharaman deliver tax relief for middle class?
1 month, 3 weeks ago

Budget 2025: Will Nirmala Sitharaman deliver tax relief for middle class?

India Today  

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2025–26, she faces a tough challenge. With GDP growth projected to slow down to a four-year low of 6.4% and inflation remaining persistently high, there are high hopes that the Finance Minister will provide a much-needed boost to the middle class. Experts agree that the budget for the upcoming …

Discover Related