Page 27 - Budget 2023

LIVE: Finance Minister Sitharaman gears up to present her 5th Budget

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Budget session from Tuesday; President to address joint sitting of 2 Houses

The Budget session of Parliament begins on Tuesday with the maiden address of President Droupadi Murmu to the joint sitting of both Houses. While the government's priority will be to seek approval on the Motion of Thanks to the President's Address and the Finance Bill, the Opposition is raring to corner it on a range of issues, including the Adani-Hindenburg row, a nationwide caste-based economic census and the women's reservation bill. Finance Minister Nirmala Sitharaman will present the last full-fledged Union Budget of the Modi government before the 2024 Lok Sabha elections on February 1. The Economic Survey will be tabled on Tuesday after the President's address. The government plans to bring around 36 bills - including four related to the budgetary exercise - during the session. The session will have 27 sittings and will continue till April 6 with a month-long recess to examine the budget papers. The first part of the session will conclude on February 14. Parliament will ...

Budget wishlist: Economy can touch $5 tn if lives of farmers improve

If the lives of millions of marginalised farmers are better and their standard of living improves, India should be coasting easily towards target of a $5 trillion economy, said top official from LEAF

All-party meet ahead of Budget session, opposition raises Adani issue

The government on Monday said it was willing to discuss every issue under rules during the Budget Session of Parliament and sought the support of the Opposition in running the proceedings smoothly. Briefing the media after an all-party meeting convened by the government ahead of the Budget Session beginning Tuesday, Parliamentary Affairs Minister Pralhad Joshi said the government was willing to discuss every issue in Parliament under rules. "We seek Opposition's cooperation" in running the House smoothly. At the meet, Aam Aadmi Party's Sanjay Singh, RJD's Manoj Jha, DMK, Left parties and others raise the Adani issue and sought discussion on it in Parliament during the session. The US-based short seller Hindenburg Research has accused the Adani Group of wrongdoing like stock manipulation. The company has dismissed the allegations as "nothing but a lie". The YSR Congress demanded a nationwide caste-based economic census at the meet. It is necessary to know the economic status of ...

Sensex ends in green first time in three days, after 945-point swing

Adani rout, budget, Fed meet keep investors on tenterhooks

Sensex ends choppy day 170 pts up, Nifty at 17,650; IT stocks lead gains

Closing Bell: Broader markets trailed gains in benchmark indices. The BSE Midcap and Smallcap indices closed up to 0.2 per cent lower

10 yrs tax holiday, less holding period of ESOP shares: Startups on Budget

Indian startup founders on Monday said that to explore a comprehensive digital India, the Union Budget for FY24 must leverage the full inherent potential of the homegrown technology industry

CSB Bank Q3 net up 5% to Rs 156 cr on strong growth in deposits and loans

Total income rises to Rs 682 crore from Rs 580 a year ago. Asset quality improves

Affordable housing demand down to 26% in 2022: Sector expects on budget

While the affordable housing segment, the backbone of the housing sector has witnessed a poor performance, the country's residential real estate sector looks to Budget 2023-24

Gati Shakti push: 18 road projects headed for the fast lane in FY24

62 critical projects to be awarded by FY25

Budget 2023-24: Centre to target higher capex but lower fiscal deficit

Budget 2023-24: The Centre is expected to peg the fiscal deficit target for FY24 below 6 per cent, and the capex is likely to jump 20-30 per cent

Top headlines: All eyes on growth in Budget, road project push, and more

Business Standard brings you the top headlines at this hour

When the middle class takes centre stage

While the tax slabs may be reasonable, many exemptions have become anachronisms - they don't reflect the reality when we take into consideration the cost of inflation

Ahead of Budget, FPIs take out Rs 17K crore from equities in January

Overall, foreign portfolio investors (FPIs) have pulled out Rs 1.21 trn from the Indian equity markets in 2022, following aggressive rate hikes by the central banks globally

Budget 2023-24 wishlist: Here are the key challenges in oil & gas sector

Emergence of renewable fuels causing displacement of petroleum fuels' demand

60% households expect dip in earning, seek relief in Budget 2023: Survey

More than half of households in a survey conducted online across 309 districts expect a decline in their income by up to 25 per cent and dip in savings, and are looking for relief in the coming budget, online platform LocalCircles said on Sunday. The survey, conducted between November 25 and January 25, found that with job losses and hiring sentiment turning negative, 52 per cent respondents feel that the economic uncertainty will persist for the next 6-12 months. LocalCircles claimed that 37,000 responses were received from household consumers across 309 districts of India, comprising 64 per cent men, 36 per cent women from tier 1, tier 2 and smaller towns as well. "Our survey indicates that majority households in the country are facing the squeeze and in community discussions thousands of inputs were received by LocalCircles about lowering income tax rates or increasing deductions and exemptions," LocalCircles founder Sachin Taparia said. The number of responses on each question

Focus mustn't waver, we must continue to invest in health: K Srinath Reddy

We have to create a multi-layered, multi-skilled health workforce. This is good even from the point of view of employment generation, says PHFI founder

Budget 2023-24: With all eyes on growth, it's over to FM Sitharaman

Even as India is a relatively bright spot in the global economy, most of its big trading partners in the West, and China are bracing for a deep slowdown and, in some cases, a recession

Will Budget 2023-24 be populist or pragmatic? Brokerages weigh in

Budget to focus on rural India, capex, and manufacturing push, as well as prioritising macro stability

Statsguru: Six charts show average variation in the Budget estimates

In the ten years between 2012-13 and 2021-22, the government has been able to meet its Budget Estimate (BE) only four times