DDIndia Business: Economic Headlines & Updates

Business

February 1, 2024 12:09 PM

Indian economy under PM Modi has witnessed a profound transformation in last 10 years: Sitharaman

The Indian economy under Prime Minister Narendra Modi has witnessed a profound transformation in the last 10 years when the government took several pro-people reforms that were structural, Union Finance Minister Nirmala Sitharaman said on Thursday, a...

February 1, 2024 11:55 AM

BJP govt based on its stupendous work will be blessed again by people with resounding mandate: Sitharaman

Union Finance Minister Nirmala Sitharaman on Thursday presented the Interim Budget 2024 and expressed hope that the good policies and the work done by the Central government will help the BJP return to power for the third consecutive time in a row. ...

February 1, 2024 11:34 AM

Union Cabinet approves Interim Budget 2024

The Union Cabinet chaired by Prime Minister Narendra Modi approved the Interim Budget 2024, which will be presented by Finance Minister Nirmala Sitharaman on Thursday. PM Modi chaired the cabinet meeting ahead of the Interim Budget presentation in P...

February 1, 2024 11:44 AM

Finance Minister Sitharaman presents interim budget in Parliament

Union Finance Minister Nirmala Sitharaman tabled the interim budget in Parliament, marking her sixth Budget as the finance minister and the final one in the second term of the Modi government. In keeping with tradition, Sitharaman, along with Minist...

February 1, 2024 10:59 AM

IMF Executive Director K Subramaniam says, Government will take forward the good work done in last few years

Ahead of the interim budget, Executive Director of the IMF and the former Chief Economic Advisor K Subramaniam said on Thursday that the government will take forward what it has done in the last few years. "First of all, we have to keep in mind that...

February 1, 2024 11:46 AM

Finance Minister Nirmala Sitharaman to present interim budget in Lok Sabha

Finance Minister Nirmala Sitharaman will present the Interim Budget 2024 in the Lok Sabha at 11 AM today. It will be her sixth Budget presentation as Finance Minister and will be the last Budget of the current Lok Sabha. Like the previous three full ...

January 31, 2024 9:33 AM

IMF upgrades India’s GDP growth estimate to 6.7% for current financial year

International Monetary Fund (IMF) has increased its GDP growth estimate for India to 6.7 percent for the current financial year. It is 40 basis points higher than its previous forecast of 6.3 percent. In its latest World Economic Outlook report, IMF...

January 30, 2024 4:52 PM

Interim Budget 2024 set for presentation amidst omission of Economic Survey in election year

Union Finance Minister Nirmala Sitharaman is scheduled to present the Interim Budget for the fiscal year 2024-25 in Lok Sabha on February 1. Unlike tradition, the customary release of the Economic Survey just before the budget presentation will be s...

January 30, 2024 12:09 PM

Egypt is exploring possibility of issuing bonds in Emirati dirhams, Indian rupees: Finance Minister

By Vinod Kumar (UAE): Egypt is considering the potential issuance of bonds denominated in Emirati dirhams, Indian rupees, and Hong Kong dollars, marking a novel approach to diversifying its financing strategy. This initiative, aimed at exploring m...

January 30, 2024 9:24 AM

Indian economy poised for 7% growth in fiscal year 2024-25: Ministry of Finance

The Indian economy is set to achieve nearly 7% growth in the financial year 2024-25, according to a report released by the Ministry of Finance on Monday. The report attributes this positive outlook to the robust domestic demand that has propelled the...