April 16, 2024 02:57 (IST)
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Union Finance Minister Nirmala Sitharaman to present interim budget today

Union Finance Minister Nirmala Sitharaman will present the interim budget on Thursday, months ahead of the Lok Sabha polls.

Nirmala Sitharaman participates in pre-budget halwa ceremony

The traditional 'halwa ceremony', marking the final stage in the preparation ahead of the interim Union Budget 2024 presentation, was held on Wednesday evening at the Union Finance Ministry headquarters at North Block in Delhi.

FM Sitharaman says LIC, SBI exposure to Adani Group within permissible limits: Report

Mumbai: Finance Minister Nirmala Sitharaman Friday said the exposure of big lenders such as LIC and State Bank of India (SBI) to the crisis-hit Adani Group is well within the permissible limits as stated by these lenders, according to media reports.

Budget 2023-24: Push for millets, bio gas, agri-tech, increased agriculture credit target welcomed

New Delhi/IBNS: Finance Minister Nirmala Sitharaman allocated around Rs 1.15 crore to Ministry of Agriculture and Farmers Welfare in Budget 2023-24 against the last year's approximately Rs 1.10 lakh crore, a hike of around 4.6 percent.

Budget 2023-24: EV sector welcomes custom duty reduction on capital goods for Lithium batteries manufacturing

New Delhi/IBNS: The electric vehicle industry welcomed the reduction in customs duty on lithium cells and subsidy extension on batteries announced in the Union Budget 2023-24 by Finance Minister Nirmala Sitharaman on Wednesday.

Budget 2023-24 continues from the last year which steered India through toughest periods faced by mankind: BSE MD & CEO Sundararaman Ramamurthy

Mumbai/IBNS: The Budget of 2023 continues from the earlier budgets which successfully guided India during one of the toughest periods for mankind, with a continued focus on Aatmanirbhar Bharat and Amrit Kaal, said BSE MD & CEO Sundararaman Ramamurthy reacting to the Budget.

'High quality budget focusing on infra growth, fiscal discipline': Tata Steel CEO & MD T. V. Narendran

Jamshedpur/IBNS: Lauding the government’s increased focus on the development of capital infrastructure, Tata Steel CEO & MD T. V. Narendran called the Budget a “high-quality budget”.

Budget 2023 reactions: Indian biz sector says budget will push growth

New Delhi/IBNS: The Indian business sector Wednesday extolled Finance Minister Nirmala Sitharaman for maintaining a continued focus on growth in terms of capital formation and job creation while reducing the tax burden on the salaried class in Union Budget 2023.

Union Budget 2023: SBI, PNB Housing, Kotak Investment Advisory react

New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Wednesday (Feb 1, 2022) tabled the Union Budget for the Financial Year 2023-24 with a major focus on capital formation with the highest outlay ever outlay of Rs 2.40 lakh crore, about 9 times the outlay made in 2013-14. In a major relief to the middle class of the country, the Basic exemption limit has been raised to Rs 3 lakh from the existing Rs 2.5 under the new income tax regime in Budget 2023-24. Tax rebate under Section 87A has been hiked from Rs 5 lakh to Rs 7 lakh.

Hinduja Group commends FM Sitharaman for growth focussed inclusive Budget with emphasis on capital expenditure

New Delhi/IBNS: The Hinduja Group has lauded the Union Budget presented by Finance Minister Nirmala Sitharaman on Wednesday (Feb 1, 2022) for the Financial Year 2023-24 with a major focus on capital formation with the highest outlay ever outlay of Rs 2.40 lakh crore, about 9 times the outlay made in 2013-14.

'Budget aptly prioritizes growth; I welcome increased capital spending of Rs 10 lakh cr': Tata Sons Chairman N Chandrasekaran

Mumbai/IBNS: Tata Sons Chairman N Chandrasekaran has praised the Union Budget for prioritizing growth “given the challenging macro backdrop of slowing global growth and tightened financial conditions.”

Union Budget: Nirmala Sitharaman announces Rs.9000 crore for revamped credit-guarantee scheme to MSMEs

New Delhi: While presenting the Union Budget 2023-24 in Parliament here on Wednesday, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman proposed to continue the financial sector reforms and innovative use of technology which have led to financial inclusion at scale, better and faster service delivery, ease of access to credit and participation in financial markets.

Coastal shipping to be promoted through PPP mode with viability gap funding, says Nirmala Sitharaman in Budget speech

New Delhi: India is moving forward firmly for the ‘panchamrit’ and net-zero carbon emission by 2070 to usher in green industrial and economic transition, Union Finance Minister Nirmala Sitharaman tells in her Budget speech on Wednesday.

Urban infrastructure development fund to be established, says Nirmala Sitharaman in her Union Budget speech

New Delhi: States and cities will be encouraged to undertake urban planning reforms and actions to transform cities into ‘sustainable cities of tomorrow’, Union Finance Minister Nirmala Sitharaman said in her Union Budget speech presented on Wednesday.

Union Budget: Highest ever capital outlay of Rs. 2.40 lakh crore announced for Indian Railways

New Delhi: Finance Minister Nirmala Sitharaman said in her Union Budget speech that a capital outlay of  Rs. 2.40 lakh crore has been provided for the Railways.