DDIndia Business: Economic Headlines & Updates

Business

July 23, 2024 4:43 PM

Dubai business leaders praise India’s 2024 Budget

Business experts in Dubai have responded positively to India's 2024 budget, highlighting its potential impact on UAE-India economic relations. CA Navin Sharma, Chairman of the Tax Society UAE, commended the budget, particularly noting the reduction ...

July 23, 2024 4:34 PM

PM Modi hails Budget 2024, says it will speed up growth and empower middle class

Prime Minister Narendra Modi on Tuesday praised the Union Budget 2024-25 as a significant driver of economic development and empowerment for all sections of Indian society. In his post-budget remarks, PM Modi emphasized the budget's focus on rural de...

July 23, 2024 4:13 PM

Key highlights of Union Budget 2024

Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget for 2024-2025. The budget aims to foster employment, skill development, and economic growth with a focus on various sectors, including agriculture, manufacturing, and urban dev...

July 23, 2024 3:47 PM

Union Budget 2024: Rajnath Singh thanks FM Sitharaman for highest allocation to defence sector

Defence Minister Rajnath Singh on Tuesday thanked Finance Minister Nirmala Sitharaman for giving the highest allocation to the defence sector in the Union Budget 2024-25 . In a post on X, Rajnath Singh said, "As far as the allocation to the Ministry...

July 23, 2024 3:31 PM

Union Budget 2024-25: What is cheaper, what is costlier?

Finance Minister Nirmala Sitharaman announced a significant reduction in customs duties on cancer medicines and mobile phones today, which will substantially lower their retail prices. Additionally, the prices of imported gold, silver, leather goods,...

July 23, 2024 3:20 PM

Budget 2024: FM gives relief to salaried class on tax slabs and standard deduction

Finance Minister Nirmala Sitharaman on Tuesday introduced a number of income tax reforms in the Union Budget 2024-25, aimed at simplifying tax laws, promoting compliance, and supporting economic growth. Sitharaman tweaked the new tax regime by revis...

July 23, 2024 12:47 PM

Budget 2024: Fiscal deficit target reduced to 4.9% with focus on consolidation

Union Finance Minister Nirmala Sitharaman announced a fiscal deficit target of 4.9% of GDP for the current fiscal year. This marks a reduction from the 5.1% target set in the Interim Budget presented on February 1, and a decrease from the 5.9% target...

July 23, 2024 12:47 PM

Budget 2024: Sitharaman allocates Rs 1.52 lakh crore for agriculture, allied sectors

Finance Minister Nirmala Sitharaman allocated Rs 1.52 lakh crore for agriculture and allied sectors while presenting the Union Budget for the fiscal year 2024-25 in Lok Sabha on Tuesday. Sitharaman emphasized the importance of research and developme...

July 23, 2024 12:19 PM

Budget 2024: Rs 2 lakh crore allocated to employ 4.1 crore youth over next 5 years

Union Finance Minister Nirmala Sitharaman, in her Budget speech on Tuesday, proposed the creation of employment for about 4.1 crore youth over the next five years. To support this initiative, the Finance Minister has allocated Rs 2 lakh crore. For s...

July 23, 2024 12:11 PM

Union Budget 2024-25: FM Sitharaman makes big announcements for Bihar, Andhra Pradesh

Union Finance Minister Nirmala Sitharaman made significant announcements for Bihar and Andhra Pradesh on Tuesday, including enhancements in infrastructure and special financial support. The announcement targets human resource development, infrastruc...