Gold plays an important role in the Indian economy. It is considered a safe form of savings and investment among individuals, and it is an integral part of traditional ceremonies. This metal is considered the best collateral for loans and the precious metals industry is a significant source of employment in the country. The demand … Read more
DigiLocker, which has been provided a huge push in the Union Budget announced on Wednesday, is expecting to soon have another major use case by becoming a repository for digital health documents making it convenient for individuals, officials told ET. In the Budget, DigiLocker has been expanded for both personal and organisational support to streamline … Read more
NEW DELHI: India is ‘fairly’ confident it can meet its target to cut its fiscal deficit by nearly 200 basis points to 4.5% of GDP in the next three years, assuming there is no major global economic shock, a top government official told Reuters on Thursday. On Wednesday, the government in its 2023/24 budget set … Read more
The budget is expected to provide a boost across the agriculture value chain, with announcements ranging from increased credit for the sector, investment in fisheries and focus on high-value horticulture crops to setting up of a dedicated fund for agri startups and building of digital public infrastructure. The finance minister has proposed to increase the … Read more
New Delhi: The Union Budget 2023–24 has sparked a wave of excitement among technology-driven start-ups. With the enhanced focus on artificial intelligence (AI), this year Finance Minister Nirmala Sitharaman has laid the proposal for establishing three centres of excellence for artificial intelligence (AI) to be set up in top educational institutions to realise the vision … Read more
File picture of a manual scavenger at work. Image for representation | Photo Credit: PTI Coming in with a nearly ₹100 crore allocation in this year’s Budget for the newly christened NAMASTE (National Action Plan for Mechanised Sanitation Ecosystem) scheme, Finance Minister Nirmala Sitharaman on Wednesday said that the Union government is looking to enable … Read more
Farmers ride on a cart loaded with grass in a village on the outskirts of Jalandhar, Punjab on January 31, 2023. According the Economic Survey, the performance of the agriculture and allied sector had been buoyant over the past several years due to the measures taken by Centre to augment crop and livestock productivity | … Read more
President Droupadi Murmu with Vice President Jagdeep Dhankhar, Lok Sabha Speaker Om Birla and Prime Minister Narendra Modi arrive at Parliament House to attend first day of Budget session in New Delhi on January 31, 2023. | Photo Credit: Shiv Kumar Pushpakar In her maiden address to the joint sitting of both Houses of parliament … Read more
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The International Monetary Fund (IMF) on Tuesday said it is expecting some slowdown in the Indian economy next fiscal year and projected the growth to 6.1 % from 6.8% during the current fiscal ending March 31. “Our growth projections actually for India are unchanged from our October Outlook. We have 6.8% growth for this current … Read more
(As part of a Budget special series by ETMarkets.com, we reached out to money managers seeking their perspective on Budget 2023 with a simple question: What if I were the Finance Minister of India) Amrit Kaal Vision:The foremost thing to keep in mind as the FM would be the Amrit Kaal Vision of becoming a … Read more