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FM Sitharaman walks the talk on fiscal discipline. The finance minister has put the accent on the hour hand of the clock by looking ahead a quarter century hence (2047) and free-up policymaking mindspace from annual financial calendars

FM Sitharaman walks the talk on fiscal discipline. The finance minister has put the accent on the hour hand of the clock by looking ahead a quarter century hence (2047) and free-up policymaking mindspace from annual financial calendars

Ahead of the budget most experts that Moneycontrol spoke to expected an increase in budgetary allocation, with the government’s self-reliance push and aim to make India an export hub in the long term.

The firm is extensively testing the Skoda Enyaq electric SUV for a possible launch in India, Arora said, but did not disclose a timeline.

IDBI Bank and CONCOR were the two prime divestment targets for FY24. However, several roadblocks came in the way and they were put on hold

The government also reduced fiscal deficit target at 5.1 percent of GDP for FY25. It revised down fiscal deficit target for FY24 to 5.8 percent from 5.9 percent of GDP.

The impact of Interim Budget on equity markets will be neutral to mildly positive for the near term and other emerging triggers will drive its trajectory later, said Dhiraj Relli, MD CEO, HDFC Securities.

Jubilant FoodWorks reported a weak sales growth of 3 percent YoY to Rs 350 crore in Q3FY24, impacted by like-to-like decline of 2.9 percent.

Reduced production cost and increased output will also boost the annual income of Indian farmers, which will be partially facilitated by nano DAP usage.

In the previous budget, the allocation for railways was Rs 2.4 lakh crore, which was an all-time high