Budget 2021: What can the railway sector expect?
3 years, 10 months ago

Budget 2021: What can the railway sector expect?

Hindustan Times  

As finance minister Nirmala Sitharaman will present the Union Budget 2021 for the third time in Parliament on February 1, she will also table the budget for the railway sector for the year. The railway ministry has demanded gross budgetary support of about ₹ 75,000 crore from the finance ministry in the budget. The finance minister is expected to announce around ₹1.79 lakh crore allocations for railways, of which ₹75,000 crore will be gross budgetary support. The railway ministry has demanded gross budgetary support of about ₹75,000 crore from the finance ministry in the budget.

Railways Budget Railway Projects Crore Gbs Gross Budgetary Support  crore  support  expect  budget  ministry  2021  railways  union  sector  gross  finance  railway  projects

History of this topic

Union Budget: Jobs, farm productivity, funds for infra boost figure at PM-economists meet
5 hours, 26 minutes ago

Union Budget: Jobs, farm productivity, funds for infra boost figure at PM-economists meet

The Hindu  

Job creation, improving farm productivity, and mobilising public funds for infrastructure development were some of the issues that figured during the interaction between Prime Minister Narendra Modi and economists ahead of the 2025-26 Union Budget. Suggestions were also made on aligning education and training programmes with the evolving needs of the job market, enhancing agricultural productivity and creating sustainable rural …

India Govt to Spend ₹30K Crore on Rail Revamp
6 days, 20 hours ago

India Govt to Spend ₹30K Crore on Rail Revamp

Deccan Chronicle  

Chennai: The government is expected to spend more than Rs 30,000 crore on railway station redevelopment over the next two years. Of these, the estimated cost of redevelopment of major stations under the Rail Land Development Authority phase I is likely to be around Rs 17,000 crore. A total of 1318 stations are being considered for redevelopment under the Amrit …

Finance Ministry kick-starts Budget 2025-26 preparations; Economic reforms, employment generation in focus
3 months ago

Finance Ministry kick-starts Budget 2025-26 preparations; Economic reforms, employment generation in focus

Live Mint  

India's Finance Ministry is set to begin preparations for the 2025-26 annual budget in October, as the country's economy continues its strong performance, maintaining a 7% growth rate for the fourth consecutive year, PTI reported. The upcoming budget is expected to focus on reforms to further accelerate growth and implement measures to boost job creation and economic demand, as per …

Lok Sabha approves Union Budget 2024-25
4 months, 3 weeks ago

Lok Sabha approves Union Budget 2024-25

India TV News  

The Lok Sabha on Tuesday passed the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman on July 23. The budget was passed following a debate during which, Finance Minister Nirmala Sitharaman spoke about the Central government's goal to narrow the fiscal deficit in coming years. In her budget, Sitharaman mentioned nine priorities including, Productivity and resilience in agriculture, Employment …

What’s the Budget push for infrastructure?
4 months, 3 weeks ago

What’s the Budget push for infrastructure?

The Hindu  

The story so far: In her Budget proposals for 2024-25, Finance Minister Nirmala Sitharaman has set aside ₹11 lakh crore for capital expenditure, comprising 3.4% of the GDP. With the aim to push States to spend on infrastructure, she said ₹1.5 lakh crore was being made available to them in the form of long-term interest free loans. Under the Sagarmala …

Covering the Budget
4 months, 4 weeks ago

Covering the Budget

The Hindu  

In India’s media timeline, one of the main annual highlights has generally been covering the Budget session of Parliament. Rail budget – a requiem I remember covering the presentation of the Railways Budget in March 2012, when Trinamool Congress leader Dinesh Trivedi was the Union Railways Minister. There was speculation for weeks about whether rail fares would be raised as …

Union Budget 2024: Political Uproar Expected in Parliament Today, Watch Video | ABP News
5 months ago

Union Budget 2024: Political Uproar Expected in Parliament Today, Watch Video | ABP News

ABP News  

Finance Minister Nirmala Sitharaman presented the Union Budget on Tuesday. The biggest relief for millions of new tax regime taxpayers comes in the form of an increase in the standard deduction. During her budget speech, Finance Minister Nirmala Sitharaman emphasized her primary goals of job creation, skill development, support for small industries, and relief for the middle class. Changes in …

Railway Budget 2024: Telangana gets record railway budget allocation of ₹5,336 crore
5 months ago

Railway Budget 2024: Telangana gets record railway budget allocation of ₹5,336 crore

The Hindu  

Telangana got a record budget allocation of ₹5,336 crore for railway projects in 2024-25, as against the total railways allocation of ₹2.62 lakh crore of which ₹1.09 lakh crore has been allocated for safety-related activities, said Railways Minister Ashwini Vaishnaw on Wednesday. The budget allocations to Telangana have been witnessing sustained increase with the current year’s allocation being almost six …

Union budget trims funding for Bengaluru Suburban Railway Project by ₹100 crore
5 months ago

Union budget trims funding for Bengaluru Suburban Railway Project by ₹100 crore

Hindustan Times  

Union Finance Minister Nirmala Sitharaman on Tuesday allocated ₹350 crore to the Bengaluru Suburban Railway Project in the Union Budget for the fiscal year 2024-25, marking a reduction of ₹100 crore compared to the previous year's allocation of ₹450 crore. The 148 km Bengaluru suburban rail proposal with four corridors has been a much delayed project, languishing for decades. The …

Union Budget 2024: Top 5 takeaways for salaried persons, job seekers
5 months ago

Union Budget 2024: Top 5 takeaways for salaried persons, job seekers

Hindustan Times  

Budget 2024: Finance minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024-25 during the Monsoon Session of Parliament. Union finance minister Nirmala Sitharaman presents the Union Budget 2024-25 in Lok Sabha in New Delhi on July 23. Hike in standard deduction In the budget, finance minister Nirmala Sitharaman announced an increase in the standard deduction for salaried employees from …

Union Budget 2024-25: No additional allocation for Chandigarh but curbs on new projects go
5 months ago

Union Budget 2024-25: No additional allocation for Chandigarh but curbs on new projects go

Hindustan Times  

The Budget allocated to Chandigarh, in the Union Budget 2024-25, presented by finance minister Nirmala Sitharaman on Tuesday, remains the same as the interim budget of ₹6,513 crore. A senior officer of the finance department said, “Our budget remains the same but now we can spend money on the announced projects as the cap has been removed.” At ₹6,513 crore, …

Budget 2024: With ₹2.65 lakh crore outlay, Railways to prioritise safety
5 months ago

Budget 2024: With ₹2.65 lakh crore outlay, Railways to prioritise safety

The Hindu  

The Ministry of Railways has received a record allocation of over ₹2.55 lakh crore in financial year 2024-25, which is a jump of 5.85% from the previous year’s ₹2.41 lakh crore, according to Union Budget documents. The total outlay provided for capital expenditure includes ₹2.52 lakh crore from general revenues, ₹200 crore from Nirbhaya Fund, ₹3,000 crore from internal resources …

Budget 2024’s botched borrowing of ideas leaves India without the impetus it needs
5 months ago

Budget 2024’s botched borrowing of ideas leaves India without the impetus it needs

Hindustan Times  

The Union Budget is not merely a statement of accounts — it is a declaration of the nation’s economic priorities. By this yardstick, this budget reflects poorly on the Narendra Modi-led government and bodes ill for India’s political and economic future. Two key initiatives have been borrowed from the Congress’s Nyay Patra for the 2024 Lok Sabha elections: the internship …

The budget echoes the Developed India vision
5 months ago

The budget echoes the Developed India vision

Hindustan Times  

Finance minister Nirmala Sitharaman has meticulously assessed India’s economic vitality. New Delhi, India - July 23, 2024: Union Finance Minister Nirmala Sitharaman during Post Budget Press Conference at National Media Centre, in New Delhi, India, on Tuesday, July 23, 2024. Budget 2024 unveiled a comprehensive strategy built on nine foundational pillars — agriculture, employment, inclusive development, manufacturing and services, urban …

Union Budget 2024 provides blueprint for a self-reliant, developed India: U.P. CM Yogi
5 months ago

Union Budget 2024 provides blueprint for a self-reliant, developed India: U.P. CM Yogi

Hindustan Times  

Hailing the Union Budget 2024, Uttar Pradesh chief minister Yogi Adityanath on Tuesday said the budget presented under the leadership of PM Narendra Modi will prove to be all-encompassing, all inclusive, and development-oriented, meeting the hopes, aspirations and resolutions of 140 crore Indians. UP chief minister Yogi Adityanath congratulated Union finance minister Nirmala Sitharaman and her team. In a media …

Union Budget slashes Bengaluru Suburban Railway Project allocation by ₹100 crore
5 months ago

Union Budget slashes Bengaluru Suburban Railway Project allocation by ₹100 crore

The Hindu  

The Union Budget has reduced the allocation for the Bengaluru Suburban Railway Project by ₹100 crore compared to the previous year. The Union Budget presented by Finance Minister Nirmala Sitharaman on July 23 for the fiscal year 2024-25 allocated ₹350 crore for the BSRP, down from last year’s allocation of ₹450 crore. CM skeptical of Hyderabad-Bengaluru corridor A Hyderabad-Bengaluru Industrial …

Union Budget evokes mixed response from Andhra’s political leaders, industry bodies
5 months ago

Union Budget evokes mixed response from Andhra’s political leaders, industry bodies

The Hindu  

The Union Budget-2024, presented by Finance Minister Nirmala Sitharaman in the Lok Sabha on July 23, has evoked mixed response from political parties, trade unions and trade bodies. ‘No clarity on funds’ CPI State secretariat member K. Lokanadham said that the Union budget had ‘once again deceived A.P.’ by failing to give clarity on the amount of funds allocated to …

Union budget: Indian Railways gets ₹1.08 lakh for safety measures, to install ‘Kavach 4.0’
5 months ago

Union budget: Indian Railways gets ₹1.08 lakh for safety measures, to install ‘Kavach 4.0’

Hindustan Times  

Union minister Ashwini Vaishnav on July 23 said the Indian railways has been allocated ₹2.62 lakh crore under Budget for 2024-25 and ₹1.08 lakh core will be utilised on safety related activities. Union minister for railways Ashwini Vaishnav “This is a record allocation for Indian railways. Of the total allocation, ₹1.08 lakh crore will be used for safety related activities …

Union Budget 2024: Sector-Wise Allocation Puts Defence At The Top. Full Details Inside
5 months ago

Union Budget 2024: Sector-Wise Allocation Puts Defence At The Top. Full Details Inside

ABP News  

Budget 2024: Finance Minister Nirmala Sitharaman presented the Union Budget 2024 on Tuesday in Parliament. Defence: For FY25, the defence sector will receive an allocation of Rs 6.21 lakh crore, according to Finance Minister Nirmala Sitharaman. Education: During the presentation of the Budget 2024 on Tuesday, Finance Minister Nirmala Sitharaman declared that the central government would allocate Rs 1.48 lakh …

India defence budget 2024: ₹6.21 lakh crore allocated; minister Rajnath Singh reacts
5 months ago

India defence budget 2024: ₹6.21 lakh crore allocated; minister Rajnath Singh reacts

Hindustan Times  

India has set aside ₹6,21,940 crore for defence spending in the Union Budget 2024-25 – up from last year's outlay of ₹5.94 lakh crore – finance minister Nirmala Sitharaman announced as she presented the Union Union Budget 2024 on Tuesday. The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India …

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai
5 months ago

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai

The Hindu  

The Union Budget 2024 is growth-oriented, welfare-centric and people-friendly. It strengthens the road map towards a Viksit Bharat by 2047, said BJP Tamil Nadu president K. Annamalai on Tuesday, July 23, 2024. In a social media post on X, Mr. Annamalai said Budgetary announcements, including the Transit Oriented Development Plans in 14 large cities with a population above 30 lakh, …

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman
5 months ago

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman

The Hindu  

In her seventh budget presentation, Finance Minister Nirmala Sitharaman announced allocating Rs 11 lakh, 11 thousand and 111 crore towards capital expenditure. She further urged, “We will encourage states to provide support of similar scale for infrastructure development based on their priorities.” The finance minister stated that private investment in infrastructure will be promoted through Viability Gap Funding and a …

Union Budget 2024: Where does Centre spend the most money?
5 months ago

Union Budget 2024: Where does Centre spend the most money?

Hindustan Times  

Union finance minister Nirmala Sitharaman presented Union Budget in Parliament of Tuesday. Union Budget 2024: Union finance minister Nirmala Sitharaman with the Budget tablet arrives at the Parliament to present the Union Budget 2024-25 during the Monsoon Session, in New Delhi on Tuesday. "The fiscal consolidation path announced by me in 2021 has served our economy very well, and we …

Budget 2024: FM Nirmala Sitharaman lays out nine priorities of the Modi govt
5 months ago

Budget 2024: FM Nirmala Sitharaman lays out nine priorities of the Modi govt

Op India  

Finance Minister Nirmala Sitharaman, in her seventh consecutive Union Budget for 2024-25, outlined key priorities aimed at fostering economic growth and creating ample opportunities. She listed productivity and resilience in agriculture, employment and skilling, inclusive human resource development and social justice, manufacturing and services, urban development, energy security, infrastructure, innovation, research and development and next-generation reforms as nine priority areas …

Budget 2024: Nirmala Sitharaman announces financial aid for student loans up to ₹10 lakh
5 months ago

Budget 2024: Nirmala Sitharaman announces financial aid for student loans up to ₹10 lakh

Hindustan Times  

Union finance minister Nirmala Sitharaman announced that the Narendra Modi government will offer financial support for loans up to ₹10 lakh for higher education in domestic institutions. Union Budget 2024: People watch Union Budget being presented by finance minister Nirmala Sitharaman in the Parliament on television screen at TV showroom, at Dadar, in Mumbai. Follow- Budget 2024 Live Updates "For …

Union Budget 2024 India: Sitharaman Announces 5 Schemes Focusing On 4.1 Crore Youth Over Next 5 Years
5 months ago

Union Budget 2024 India: Sitharaman Announces 5 Schemes Focusing On 4.1 Crore Youth Over Next 5 Years

ABP News  

Union Budget 2024 India: Finance Minister Nirmala Sitharaman in her announcement during the Budget speech revealed that the Modi 3.0 government will launch five major schemes focusing on 4.1 crore youth over the next five years, with a substantial central outlay of Rs 2 lakh crore. The Finance Minister emphasized that 20 lakh youth will receive training and skill development …

Union Budget 2024: 7 key figures to gauge Indian economy's health under Sitharaman
5 months ago

Union Budget 2024: 7 key figures to gauge Indian economy's health under Sitharaman

Hindustan Times  

Union finance minister Nirmala Sitharaman presents the Union Budget 2024 in Parliament today, marking her seventh consecutive budget, surpassing the late Morarji Desai's record of six. Follow- Budget 2024 Live Updates Key numbers to watch for the first full Budget of Modi 3.0 Fiscal Deficit: • The budgeted fiscal deficit for the current fiscal year is projected at 5.1%, down …

Union Budget 2024: What politicians expect - addressing unemployment and inflation issues, increasing fund assistance
5 months ago

Union Budget 2024: What politicians expect - addressing unemployment and inflation issues, increasing fund assistance

Live Mint  

Union Budget 2024: Finance Minister Nirmala Sitharaman will present the Union Budget for 2024-2025 in Parliament today, July 23, 2024, at 11:00 a.m. Minutes before the unveiling of the Union Budget, Shiv Sena MP Priyanka Chaturvedi told ANI, “I hope Nirmala Sitharaman ji will provide some relief from rising inflation and unemployment and the government will talk about 'Jan ki …

Budget 2024: How stock market has performed on Budget day in last 10 years? | Know here
5 months ago

Budget 2024: How stock market has performed on Budget day in last 10 years? | Know here

India TV News  

Budget 2024: Finance Minister Nirmala Sitharaman is set to present the Union Budget in Parliament at 11 am today. The budget has been a major trendsetter for the Indian stock market, with major volatility seen in the stock market upon its announcement. Year Nifty performance on budget day 2024 -0.13 2023 -0.2 2022 1.4 2021 4.7 2020 -2.5 2019 -1.1 …

Union Budget 2024 Highlights: Record High Capex In Budget Will Drive The Economy, Says PM Modi
5 months ago

Union Budget 2024 Highlights: Record High Capex In Budget Will Drive The Economy, Says PM Modi

ABP News  

Union Budget 2024 Highlights: Hello and welcome to ABP Live's Budget 2024 LIVE blog. Budget 2024 Live GDP Growth Rate: On Monday, the FM presented the Economic Survey ahead of the final Budget and set the focus points for the nation ahead. Union Budget 2024 Trade And Hirings: The survey projected a positive outlook for global trade in 2024 as …

Budget 2024: These five pieces you can’t miss
5 months ago

Budget 2024: These five pieces you can’t miss

Live Mint  

Mint brings you five curated pieces on the Budget. Budget: The election outcome and voter concerns can offer Sitharaman some clues Rajrishi Singhal discusses the potential impact of the recent Lok Sabha election results on the Union Budget. With the Bharatiya Janata Party losing significant ground, key considerations may include the resurgence of state-specific voting patterns, the need for increased …

Union Cabinet headed by PM Modi approves Nirmala Sitharaman's Union Budget
5 months ago

Union Cabinet headed by PM Modi approves Nirmala Sitharaman's Union Budget

India TV News  

Union Cabinet headed by Prime Minister Narendra Modi on Tuesday approved the Union Budget ahead of its presentation by Finance Minister Nirmala Sitharaman. Following this, Finance Minister Nirmala Sitharaman will present her seventh budget in the Lok Sabha. On Monday, Prime Minister said the Economic Survey highlighted the prevailing strengths of the economy and identifies areas for further growth and …

Union Budget 2024: Read Finance Minister Nirmala Sitharaman's full speech
5 months ago

Union Budget 2024: Read Finance Minister Nirmala Sitharaman's full speech

India Today  

Union Finance Minister Nirmala Sitharaman presented the first budget of the Narendra Modi government’s third term on Tuesday in Parliament. Budget Priorities Productivity and resilience in Agriculture Employment & Skilling Inclusive Human Resource Development and Social Justice Manufacturing & Services Urban Development Energy Security Infrastructure Innovation, Research & Development and Next Generation Reforms Subsequent budgets will build on these, and …

Railway Budget 2024: Key investments to propel Indian Railways' infrastructure forward
5 months ago

Railway Budget 2024: Key investments to propel Indian Railways' infrastructure forward

India TV News  

As India aims to become the third-largest economy with a projected GDP of $5 trillion in the next three years, the Railway Budget 2024-25 is expected to play a pivotal role in infrastructure development. Key expectations include significant budgetary allocations, high-speed rail projects, safety upgrades, environmental sustainability, digital transformation, and modernisation of railway stations and coaches. Key budget expectations for …

Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy
5 months ago

Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy

India TV News  

Finance Minister Nirmala Sitharaman will present the Union Budget 2024–25 on Tuesday, marking the first budget of Prime Minister Narendra Modi's third successive government. By adjusting tax policies and government spending, the budget can incentivize business investments, boost economic activity, and address public needs such as education and healthcare. The presentation of the Union Budget 2024–25 will be a critical …

Budget 2024: Nirmala Sitharaman to table Economic Survey in Parliament today
5 months ago

Budget 2024: Nirmala Sitharaman to table Economic Survey in Parliament today

India TV News  

Budget 2024: Finance Minister Nirmala Sitharaman will table the Economic Survey in Parliament on Monday, a day ahead of the Union Budget. The Economic Survey provides a comprehensive account of the state of the economy, its prospects, and policy challenges. IMF raises India's GDP forecast to 7% for 2024-25 India has retained its tag as the fastest-growing economy, and the …

Union Budget 2024: A look at 5 big themes before Sitharaman reveals cards
5 months ago

Union Budget 2024: A look at 5 big themes before Sitharaman reveals cards

Firstpost  

As the country waits with bated breaths for the 2024 Union Budget, here’s a look at some of the big themes experts believe will take centre stage With the completion of the customary Halwa Ceremony, Finance Minister Nirmala Sitharaman is all set to table the 2024 Union Budget. Key themes before Sitharaman shows her cards According to analysts, the following …

Railway Budget 2024: When is it? What to expect? All your questions answered
5 months ago

Railway Budget 2024: When is it? What to expect? All your questions answered

Hindustan Times  

Who will present the Railway Budget this year? The Railway Budget will be announced during the Union Budget 2024-25 speech on July 23, 2024. Ashwini Vaishnaw took charge of the Ministry of Railways on June 9, 2024 after the Lok Sabha elections. Yes, Nirmala Sitharaman's speech is likely to include announcements like increasing the number of coaches, upgrading existing trains …

Budget 2024: These stocks and sectors may gain from Nirmala Sitharaman's announcements
5 months, 1 week ago

Budget 2024: These stocks and sectors may gain from Nirmala Sitharaman's announcements

Hindustan Times  

Finance minister Nirmala Sitharaman is all set to present the Union Budget 2024 on July 2023. The Union budget 2024 is scheduled to be presented on July 23 by finance minister Nirmala Sitharaman, who will become the first finance minister to present seven consecutive Union budgets in a row, surpassing Morarji Desai, who presented six consecutive budgets. JM Financial highlighted …

Union Budget 2024 Expectations LIVE: Will FM Nirmala Sitharaman Increase Section 80C Deduction Limit?
5 months, 1 week ago

Union Budget 2024 Expectations LIVE: Will FM Nirmala Sitharaman Increase Section 80C Deduction Limit?

News 18  

Budget 2024 Expectations from Education Sector Union Budget 2024 Latest Updates: In the new globalised world, education has become the passport to progress and students across India are looking for opportunities. Budget 2024 Wishlist from Healthcare Sector Union Budget 2024 Latest Updates: Healthcare is a rapidly growing sector in the country but needs attention from the government to ensure access …

Budget 2024: These are 7 demands by government employees' union for Centre
5 months, 2 weeks ago

Budget 2024: These are 7 demands by government employees' union for Centre

Hindustan Times  

The Confederation of Central Government Employees and Workers sent a proposal to the Centre with seven demands ahead of the Union Budget 2024. The union demanded the constitution of the 8th Pay Commission, restoration of the OPS, release of the 18-month dearness allowance and relief which was frozen during the Covid-19 pandemic to employees and pensioners among other things, in …

Budget 2024 Date Announced: FM Sitharaman To Present Union Budget On July 23
5 months, 2 weeks ago

Budget 2024 Date Announced: FM Sitharaman To Present Union Budget On July 23

News 18  

Budget 2024 Date: The Union Budget for the financial year 2024-25 will be presented in the Lok Sabha on July 23. Union Budget 2024 Date Announcing the date, Minister of Parliamentary Affairs Kiren Rijiju posted on X, “Hon’ble President of India, on the recommendation of Government of India, has approved the proposal for summoning of both the Houses of Parliament …

No cuts in Interim Budget allocations: Nirmala
10 months, 2 weeks ago

No cuts in Interim Budget allocations: Nirmala

Deccan Chronicle  

New Delhi: Exuding confidence in India’s economic growth, Union finance minister Nirmala Sitharaman on Wednesday said that all the allocations have not been cut under any head in the interim Budget for 2024-25, rather it has either remained the same or gone up in FY25 Budget in the flagship schemes. Meanwhile, the Lok Sabha also passed the Rs 47.66-lakh-crore interim …

Interim Budget 2024 — in campaign mode
10 months, 3 weeks ago

Interim Budget 2024 — in campaign mode

The Hindu  

Well before Finance Minister Nirmala Sitharaman rose to present the Interim Budget for 2024-25, there were indications as to what its focus would be. That has been true of this year’s Interim Budget as well, which focused on all the “welfare” schemes, in areas varying from housing to food, which have been largely attributed to the Prime Minister. For example, …

2024 Interim Budget | Net zero gain for job guarantee scheme
10 months, 3 weeks ago

2024 Interim Budget | Net zero gain for job guarantee scheme

The Hindu  

With allocation of ₹86,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Scheme, the budget for the scheme for the financial year 2024-25 has been hiked by ₹26,000 crore in comparison to the 2023-24 Budget estimates, though it is the same as the revised estimates for the ongoing financial year. In the 2023 Budget, only ₹60,000 crore was allocated …

Budget 2024: Railway stocks fall amid lack of major announcements by Sitharaman
10 months, 3 weeks ago

Budget 2024: Railway stocks fall amid lack of major announcements by Sitharaman

Live Mint  

Railway stocks witnessed a fall after Interim Budget 2024 announcements. While presenting the interim budget, Sitharaman revealed plans to extend metro rail and Namo Bharat to other cities, as well as to upgrade 40,000 regular bogies to Vande Bharat standards. Yet, according to Sanjay Moorjani, a research analyst at SAMCO Securities, the FM stated that over 40,000 additional rail bogies …

How share markets responded to Union Budget over the last 10 years
10 months, 3 weeks ago

How share markets responded to Union Budget over the last 10 years

Hindustan Times  

The Union Budget not only announces important financial changes and new schemes but also reflects the current state of the economy. The Manmohan Singh government's finance minister P Chidambaram presented the Union Budget on February 17, which saw a positive movement in the BSE Sensex, which was 97.20 points higher, settling at 20,464.06. Follow- Budget 2024 LIVE Updates Union Budget …

Budget may focus on welfare, infra, adhere to fisc glide path
10 months, 3 weeks ago

Budget may focus on welfare, infra, adhere to fisc glide path

Hindustan Times  

New Delhi India will meet its fiscal deficit target of 5.9% of GDP in 2023-24, and largely adhere to the envisaged glide path to bring it below 4.5% by 2025-26 on the back of robust GDP growth, buoyant tax collections, and better targeting of expenditure, officials familiar with the matter said, adding that public spending on welfare schemes and infrastructure …

Budget 2024: Infra, defence, railways could be in focus: Arpit Jain
10 months, 3 weeks ago

Budget 2024: Infra, defence, railways could be in focus: Arpit Jain

Live Mint  

Arpit Jain, Joint Managing Director at Arihant Capital Markets expects the government to keep infrastructure, defence, and railways in focus in the Interim Budget 2024. In an interview with Mint, Jain said various sectors have already experienced expectations-driven rallies, but there are significant opportunities in the infrastructure and capital routes sectors. In anticipation of the Interim Budget 2024, our focus …

Budget 2024 Expectations: A look at key sectors that will be in focus this year
10 months, 4 weeks ago

Budget 2024 Expectations: A look at key sectors that will be in focus this year

Live Mint  

Finance Minister Nirmala Sitharaman is set to present the interim Budget 2024 that is expected to outline estimates for revenue, expenditure, financial performance, fiscal deficit, and projections. Read here: Budget 2024: No change likely in capital gains taxes this time, says Hemant Sood of Findoc Meanwhile, Niraj Kumar, Chief Investment Officer at Future Generali India Life Insurance Company, added that …

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