Parliament Budget Session Day 5 Live Updates on Feb 6, 2024

Parliament Budget Session Day 5 Live Updates on Feb 6, 2024

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the Budget session of Parliament, in New Delhi, on February 5, 2024. | Photo Credit: PTI The Finance Bill, 2024 will be brought up for consideration and passage in the Lok Sabha by Union Finance Minister Nirmala Sitharaman on Tuesday. The Interim Union Budget … Read more

India Budget 2024: Season 2 Finale Episode ends on a high note

India Budget 2024: Season 2 Finale Episode ends on a high note

If you are an OTT TV series fan like us at Kotak Private Equity team, you would realize that Feb 1, 2024, budget is the finale episode of Modi government Season 2. We will know by May if the series gets renewed for next season with the same star cast or not but finale episode … Read more

Used this Budget for growth direction, not for elections: Nirmala Sitharaman

Used this Budget for growth direction, not for elections: Nirmala Sitharaman

“I think right from the very beginning, when the preparations for this budget started, honourable PM was very clear and the guidance which we had was very clearly to give a direction towards the next 5 years, 10 years and so on,” says Nirmala Sitharaman, Finance Minister.Navika Kumar: Being a woman and making it to … Read more

View: Interim Budget balances fiscal discipline, welfare & growth

View: Interim Budget balances fiscal discipline, welfare & growth

This year’s interim budget has come on the back of a turbulent global economic environment marked by slowing global growth and rising volatility. Against this backdrop, Finance Minister Nirmala Sitharaman has very nicely balanced fiscal discipline, welfare necessities and inclusive economic growth. To everyone’s very pleasant surprise, the balance between economic growth and fiscal consolidation … Read more

Why V Anantha Nageswaran is optimistic about growth prospects of Indian economy

Why V Anantha Nageswaran is optimistic about growth prospects of Indian economy

V Anantha Nageswaran, Chief Economic Advisor, says “there is all-round development in terms of physical, digital and social infrastructure. We have great balance sheets in the corporate and the banking sector and the infrastructure is ready to support the productive potential of the economy. Plus there is investment in skilling and education of the population … Read more

Govt’s decision to extend tax benefits to boost investor confidence, say experts

Govt’s decision to extend tax benefits to boost investor confidence, say experts

The decision to extend tax benefits that were set to expire in FY24 by a year will provide global investors and eligible companies with the clarity and certainty they need to enhance investment and operational planning, experts said. Eligible startups, sovereign wealth funds, pension funds, and units in the International Financial Services Centre (IFSC) GIFT … Read more

Negotiating bilateral investment treaties to sustain FDI growth: FM Sitharaman

Negotiating bilateral investment treaties to sustain FDI growth: FM Sitharaman

New Delhi: India is negotiating bilateral investment treaties (BIT) to sustain the growth of foreign direct investment (FDI) into the country in the spirit of ‘first develop India’, finance minister Nirmala Sitharaman said in her Budget speech for 2024-25.“The FDI inflows during 2014-23 was $596 billion marking a golden era. That is twice the inflow … Read more

Timely finances, tech for MSMEs key policy priority: FM Nirmala Sitharaman

Timely finances, tech for MSMEs key policy priority: FM Nirmala Sitharaman

New Delhi: The government has prioritised the development of micro, small and medium enterprises (MSME) to allow them to grow and compete globally, finance minister Nirmala Sitharaman said Thursday. “It is an important policy priority for our government to ensure timely and adequate finances, relevant technologies and appropriate training for the Micro, Small and Medium … Read more

Budget 2024: India likely to announce social security fund for informal workers

Budget 2024: India likely to announce social security fund for informal workers

Union Budget 2024: India could announce a social security fund for the labourforce in the unorganised sector as well as gig and platform workers in the interim budget to be presented by finance minister Nirmala Sitharaman on February 1. The fund, proposed in the Social Security Code, 2020, would be a step toward universal social … Read more