Budget Session 2023: President of India Droupadi Murmu will first address both houses in a joint session at the parliament, following which the Economic Survey will be presented by Finance Minister Nirmala Sitharaman.
Union Budget halwa ceremony: Following this annual tradition, the officials from the finance department involved in the Budget preparation will be locked in the basement of the north block for approximately 10 days. They will remain there until Finance Minister Nirmala Sitharaman presents the annual Budget on February 1.
Electric vehicle (EV) players see an increase in adoption of electric vehicles in India especially in the 2W, 3W and 4W segment and with Union Budget 2023-24 just around the corner, EV companies are pushing for extending timelines for FAME II subsidy beyond 2024
During the last fiscal, the total outstanding of the MFI sector was Rs 2.7 lakh crore, and the sector had created around 1.32 crore jobs in the country since 2000, Micro-Finance Institution Network (MFIN) CEO Alok Misra said on Tuesday
Food and fertiliser subsidies alone account for about one-eighth of India's total budget spending of Rs 39.45 lakh crore this fiscal year, but reductions in food subsidies in particular may prove politically sensitive with elections looming on the horizon.
The world economy surpassed $100 trillion for the first time in 2022, according to the British consultancy's annual World Economic League Table, but will stall in 2023 as policymakers keep fighting against rising prices.
Steps to promote ease of doing business, skilled manpower, presence of natural resources, liberal FDI policies, huge domestic market and prospects of healthy GDP growth are the reasons for optimism on the foreign inflows front for India in 2023
Justice BV Nagarthana said that it is not here to decide on the merits or demerits of economic and/or financial decisions while adding that the Reserve Bank of India (RBI) is the bulwark of the Indian economy.
The positive trajectory in the growth trend and improved fundamentals will help the nation in neutralising the impact of global headwinds which are expected to have a bearing on the country's exports in the months to come
According to report of the National Crime Control Bureau (NCRB), FICN with the face value of Rs 245.33 crore has been seized by the law enforcement agencies across the country since 2016 — the year the Centre demonetised Rs 1,000 and Rs 500 notes