As per AMFI, investors put in RS 6,919 crore in 14 gold-linked ETFs, much higher than Rs 1,614 crore invested in 2019-20
Finance Minister Nirmala Sitharaman underlined that the nation's growing and aspiring needs and demands across the various sectors cannot be served just by the state government and central governments put together
Budget Session 2021: Finance Minister Nirmala Sitharaman, while replying to the discussion on Budget 2021 in Rajya Sabha on Friday, February 12, slammed the opposition accusing it of weaving a false narrative that the Centre only worked for cronies
CMIE observeshouseholds expressed displeasure as a week after budget, Index of Consumer Sentiments fell 4.2%; budget may or may not be reason for household perceptions to worsen but sentiments have worsened after it, it adds
The increase in the agriculture credit with a target of Rs 16.5 lakh crore and the allocation of infrastructure fund for the development of APMCs reiterates the government's commitment to the welfare of farmers, and is a great move
In this Union Budget, government has gone against the precedent that gross budgetary support to the Ministry of Railways is fully funded by the Ministry of Finance
Little attention to direct income support, health and education deprivations, and revival of small businesses will keep the demand and production of goods and services depressed in FY22
The focus on self-reliance, innovation, research and development, infra capex and digital payments in Union Budget 2021 would definitely help in lifting the Indian economy from under $3 trillion to $5 trillion in the near term
As per Budget 2021, Centre approved only a marginal hike of around 1.4 percent to Rs 4.78 lakh crore for 2021-22 in defence budget against last year's allocation of Rs 4.71 lakh crore
Budget 2021 has taken care of the bare necessities that are needed to ensure that the healthcare infrastructure of the country is given a booster dose to make it infallible to pandemics like what we are going through
Union Budget 2021: The relaxation on foreign investments in infrastructure will give a boost to much-needed infrastructure development
Stakeholders of the handloom industry say that the setting up of textile parks will not help in pulling the handloom weavers from the clutches of unemployment and poverty
While the government has maintained for long it does not wish to be in business in sectors that are not of strategic importance, its track record of disinvestment is patchy at best
India cut the basic import tax on crude palm oil to 15% from 27.5%, but imposed a 17.5% "cess" - a separate tax - on the imports, Sitharaman said in her federal budget speech
The finance minister has done a remarkable job in presenting a growth-focussed budget during the unprecedented COVID-19 pandemic-hit circumstances, president of the USA India Chamber of Commerce Karun Rishi said
The Union Budget 2021-22 has taken into consideration the needs of all sectors of the economy, reflecting a robust growth plan for India to become a $5 trillion economy, USISPF president Mukesh Aghi said
Union Budget 2021 press conference: While taking several questions from several reporters, the finance minister took one from a female journalist during the latter half of the press conference
At the core of the Budget is the nominal GDP growth of 14.4 per cent which looks plausible with 10 per cent real GDP growth, India Ratings Chief Economist Devendra Pant and Principal Economist Sunil Kumar Sinha said in a note
The Union Budget for 2021-22 admirably rises to the challenge of creating an enabling environment to deliver on the promise of National Infrastructure Pipeline in the next few years
While the Budget has revealed a plethora of proposals targeted at supporting the nascent economic rebound, timely implementation of these proposals will be key to sustaining higher growth of the Indian economy in FY2022 and beyond
With a fiscal deficit of 9.5% of GDP, there was limited scope for any significant tax concessions in Budget 2021
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