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Fiscal deficit pegged at 9.5% of GDP 2020-2021: FM
The unforeseen and unexpected circumstances during the pandemic led to weak revenue and high expenditure to provide relief to vulnerable sections. The
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FM proposes 1.07 lakh crore CAPEX for railways
Finance Minister Nirmala Sitharaman proposed an allocation of Rs 1,10,055 crore towards the railways sector in her Budget speech for FY2022. She noted
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FDI in insurance sector proposed to be hiked to 74% from 49%: FM
The Finance Minister in the budget has proposed increasing the foreign direct investment limit in the insurance sector from 49% to 74% in the budget 2
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FM announces infusion of Rs 20000 crore for public sector banks
The Finance Minister said the budget for 2021-22 rests on six pillars – from healthcare to infrastructure. FM announced an infusion of Rs 20,000
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Construction stocks in demand after budget outlay
Shares of seven civil construction companies gained 2% to 7% after the central government announced outlay of Rs 1.18 lakh crore For Ministry of Road
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Insurance stocks advance after FM proposes higher FDI limit
Shares of six insurance companies added 3% to 5% after the central government proposed to amend Insurance Act to allow higher foreign direct investmen
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FM Proposes Setting Up A Developmental Financial Institution To Fund Long Term Infrastructure Projects
The FM has announced that a Bill will be introduced to set up a developmental financial institution or DFI to fund long-term infrastructure projects w
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Hospital operators in demand after FM lays out spending plan
Shares of five hospital operators rose 1% to 4% after the central government announced a Rs 64,180 crore spending plan for healthcare over the next si
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Budget 2021 Wishlist: Lower barriers for credit access, rationalise tax-saving investments
Budget 2021 should be aimed at improving credit access and enhance financial well-being by offering a wider choice of tax saving investments.
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Wanted: An ‘Aatmanirbhar’ Budget that emphasises ‘Aatma Vishwas’
Finance Minister should not present another 'atmanirbhar' budget. Such a budget leaves consumers worse-off without necessarily achieving the intended
