What’s in focus for India’s high stakes budget
Bharatiya Janata Party has promised "game changer" plans to boost economic growth when Finance Minister Nirmala Sitharaman presents the 2021/2022 federal budget on Feb. 1. Here's a look at some…
FM gave four-five mini-budgets in 2020, upcoming budget will be seen as part of that series: PM Modi
Prime Minister Narendra Modi on Friday said Finance Minister Nirmala Sitharaman had to give four-five mini-budgets in the form of packages in 2020 and expressed confidence that the upcoming budget…
NALCO to buy back Rs 749-cr shares
New Delhi: State-owned NALCO will buy back Rs 749 crore worth of shares, DIPAM Secretary Tuhin Kanta Pandey said on Thursday. The government currently holds 51.50 per cent stake in…
Indian economy to get shot in the arm from Budget 2021: Economists
India's path to economic recovery will be stronger than previously thought as fiscal expansion and vaccine hopes help the country heal from COVID-19, a Reuters poll of economists showed. The…
View: Four ways in which the Budget can fulfil Modi’s dream of a digital India
Since the beginning of the Covid-19 pandemic, India has witnessed many behavioural changes of economic agents, with initial lockdown and subsequent reopening of the economy in phases. Such behavioural changes…
Tech tonic for growth: Will Sitharaman’s bahi-khata have what’s been missing from Budgets so far?
Millions lost their jobs, walked thousands of miles to get home, starved, got sick, died. The lockdown following the Covid-19 pandemic was the worst catastrophe for India since the ‘Spanish…
Redefining digital: The pathway to $5 trillion economy is no more a secret
India’s policymakers acknowledge that its digital ecosystem will contribute at least $1 trillion to the soughtafter $5 trillion economy. Collaborating, as opposed to competing, is quintessential to optimising returns from…
Budget 2021: How Nirmala Sitharaman can put India back on the growth track
Enthusiasm about Budget 2021 has been muted. Finding a balance between prioritising lives vs livelihoods, fiscal prudence vs budget largesse should be priority. But will Finance Minister Nirmala Sitharaman’s third…
On table: 74% FDI cap for insurance
New Delhi: The government is considering a higher limit for foreign investment in the insurance and pension sectors, currently pegged at 49% of paid-up equity capital. The proposal under consideration…
Fiscal deficit in a pandemic year: How big a concern is it?
India has for long grappled with the issue of reducing its fiscal deficit or the difference between the government’s total receipts and expenditures for a given financial year. While what…