Finance Minister Nirmala Sitharaman will on Tuesday present the Union Budget for the seventh consecutive time and the people expect LPG and petrol prices to be reduced and the income tax slab to be revised.“We are expecting the budget to be better than the previous year. The tax slab should be revised by the government. … Read more
Siddhartha Sanyal, Chief Economist & Head-Research, Bandhan Bank, says there is no urgency on the part of the government or the finance ministry to cut down their projected fiscal deficit or the borrowing number at this moment, possibly they can afford to take a call on that at a later date. But in general, with … Read more
The surge in Indian equity derivatives that’s driven up volumes to the highest in the world is spurring concern among the nation’s policymakers that the frenzy may hurt efforts to harness household savings for productive purposes. Finance Minister Nirmala Sitharaman and Chief Economic Advisor V. Anantha Nageswaran sounded caution in recent days about growing retail … Read more
This week Finance Minister Nirmala Sitharaman was addressing brokers in BSE. She appealed to the exchanges to maintain stability and mitigate systemic risk to protect the retail investor. The regulators have done a fantastic job of protecting the investors. But the onus shouldn’t be theirs alone. As a responsible individual, you too must do a … Read more
Robust capital expenditure by the government and improvement in business confidence will push the country’s economic growth in 2024-25, an official said on Tuesday. Chief Economic Adviser in the Ministry of Rural Development Kuntal Sensarma said that the focus areas in 2024-25 should be infrastructure growth, inclusive development and harnessing demographic dividend, among others. “The … Read more
If you are an OTT TV series fan like us at Kotak Private Equity team, you would realize that Feb 1, 2024, budget is the finale episode of Modi government Season 2. We will know by May if the series gets renewed for next season with the same star cast or not but finale episode … Read more
