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Business News/Budget/ News

Budget News

India's Budget presented by Finance Minister Nirmala Sitharaman will support sustain demand and benefit corporate sectors, says Fitch ratings (Ishant)

India’s budget to sustain demand for corporates: Fitch Ratings

2 min read . 03 Feb 2023

Photo: Bloomberg

Has Sitharaman broken the Jaswant Singh jinx?

8 min read . 03 Feb 2023

Finance Minister Nirmala Sitharaman will hold a Budget briefing session with BJP MPs in Parliament on Friday (REUTERS)

Nirmala Sitharaman to brief all BJP MPs on Budget 2023 on Friday

1 min read . 02 Feb 2023

Assam Chief Minister Himanta Biswa Sarma

Budget 2023: Assam CM thanks PM for doubling allocation for DevINE scheme

1 min read . 02 Feb 2023

Veteran Congress leader and former finance minister P. Chidambaram

Congress leader, former FM Chidambaram calls budget 2023 ‘callous’

2 min read . 02 Feb 2023

This year’s defence budget accounts for 2% of the country’s projected gross domestic product (GDP) for 2023-24. (Mint)

Defence gets ₹5.94 tn; ₹1.62 tn for modernization

3 min read . 02 Feb 2023

New Delhi: Union Finance Minister Nirmala Sitharaman carrying a folder-case poses for photographs outside the Finance Ministry at North Block, in New Delhi, Wednesday, Feb. 1, 2023, ahead of the presentation of the Union Budget 2023-24. (PTI)

Agriculture to zero emissions: here’s the budget in 26 letters

7 min read . 02 Feb 2023

illustration: Ashish Asthana/Mint

What the Budget means for you

1 min read . 02 Feb 2023

The high capex is expected to aid economic growth through a multiplier effect (Mint)

Capex bet and a welfare miss: Story of Budget in nine charts

5 min read . 02 Feb 2023

All that you need to know about this year’s budget

4 min read . 02 Feb 2023

New Delhi, Feb 01 (ANI): Union Finance Minister Nirmala Sitharaman presents the Union Budget 2023-24 in the Rajya Sabha on the second day of Budget Session of Parliament, in New Delhi on Wednesday. (ANI Photo/Sansad TV) (ANI)

A fine balance

7 min read . 02 Feb 2023

The operating ratio of Indian Railway for FY23—which shows the efficiency of a company’s management by comparing the total operating expense with net sales—stood at 98.22 (Mint)

Locally made green trains to be rolled out

2 min read . 02 Feb 2023

At 1.8 doctors per 1,000 people, India has far less doctors than countries such as Australia or Italy. Nonetheless, the government’s expenditure on health is on the rise. Central and state governments’ budgeted expenditure on the health sector is expected at 2.1% of GDP in 2022-23, up from 1.6% in 2020-21.

Funds go to medtech R&D in push for healthcare exports

2 min read . 02 Feb 2023

Govt aims to make good learning loss during pandemic

2 min read . 02 Feb 2023

Upskilling youth in AI, mechatronics, robotics key to job creation

2 min read . 02 Feb 2023

Irdai is taking good steps in introducing the standard health insurance policy, the standard life insurance policy and colour coding for complexity

Little cheer for financial services; insurance companies left high and dry

2 min read . 02 Feb 2023

The subsidy outlay for fertilizers was cut from ₹2.25 trillion in 2022-23 to ₹1.75 trillion, a 22% reduction, while that for food was cut 31% from ₹2.87 trillion as per revised estimates to ₹1.97 trillion. (Mint)

The dextrous math behind narrowing fiscal deficit target

2 min read . 02 Feb 2023

Photo: Bloomberg

Higher excise duty to marginally increase cigarette prices in FY24

2 min read . 02 Feb 2023

Union Finance Minister Nirmala Sitharaman. (ANI)

FM seeks to win the masses with pre-poll budget sops

1 min read . 02 Feb 2023

Experts gave the example of solar projects that saw very high cost of production during the initial phases before solar power prices declined to ₹3-4 per unit over time. (Mint)

Budget to drive progress in green energy transition, say analysts

1 min read . 02 Feb 2023