NEW DELHI: Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-2024 in the Lok Sabha on Monday, highlighting the robust industrial growth that has propelled…
View More Economic Survey 2024: Industrial growth fuels India’s 8.2% economic expansion
The Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 on July 22. The survey conservatively projects real GDP growth of 6.5–7%, with risks evenly balanced, cognisant of the fact that the market expectations are on the higher side.
View More India Economic Survey 2023-24: Real GDP growth projected at 6.5–7%
Retail inflation, after averaging 6.7% in FY23, declined to 5.4% in FY24, thanks to effective administrative and monetary policy responses. Food inflation rose from 6.6% in FY23 to 7.5% in FY24
View More Economic Survey 2023-24: Core inflation at 9-year low; Food inflation increased
The survey reveals notable progress in India’s labour market over the past six years, with the unemployment rate falling to 3.2% for 2022-23.
View More Economic Survey 2023-24: Unemployment declines to 3.2%, focus shifts to skilling, investment
Agriculture remains a cornerstone of the Indian economy, demonstrating steady growth with an average annual rate of 4.18% at constant prices over the past five years. However, provisional estimates for 2023-24 show a slower growth rate of 1.4% at constant prices, highlighting both progress and areas needing improvement.
View More Economic Survey 2023-24: Agriculture poised for 4.18% growth amid global economic challenges
Union Finance Minister Nirmala Sitharaman announced several key decisions after the 53rd GST Council meeting aimed at curbing tax evasion and promoting uniformity in taxation, including the pan-India rollout of Aadhaar-based biometric authentication to curb fake invoicing.
View More 53rd GST Council Meeting: Key announcements
Union Finance Minister Nirmala Sitharaman chaired the 53rd GST Council meeting in Delhi on June 22, marking the first such gathering since the formation of the new government.
View More Finance Minister Sitharaman chairs pre-budget meeting
Now that Prime Minister Narendra Modi has announced his Cabinet for the third consecutive term, everyone is eagerly waiting
View More FM Nirmala Sitharaman set to unveil Budget twice in 2024—Here’s Why!”
In a recent interview with the Group Editor and Editor-in-Chief of Times Now Navbharat’s Navika Kumar, Finance Minister Nirmala Sitharaman was cornered by the prominent journalist regarding the issue of controversial figures joining the Bharatiya Janata Party (BJP).
View More Did Times Now’s Navika slyly corner Nirmala Sitharaman?
The 58-year-old President and Managing Director of Volvo Group India expressed satisfaction at the aggressive fiscal deficit goals set in the interim budget, coupled with a stable macroeconomic performance. This strategic fiscal approach aligns with the broader vision for economic resilience and sustainability.
View More Capex on physical infra, DPI key in 2024 budget: Volvo India CEO
Niranjan Hiranandani, Founder of Hiranandani Group and Chairman of National Naredco, commended the budget for its integrated and equitable growth approach, emphasising social reforms, economic value chain enhancement, and support for sunrise sectors.
View More Budget has 11% increase in infrastructure outlay, will boost market: Hiranandani
NEW DELHI: On Thursday, Finance Minister Nirmala Sitharaman declared the government’s intention to instigate forward-looking reforms aimed at propelling the nation’s growth. She expressed the…
View More Interim Budget envisions ‘Viksit Bharat’, ‘golden moments’ in 5 years
