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The AYUSH Ministry has been allocated Rs 3712.49 crore for FY 25 which is 23 percent higher than the previous year

In a speech lasting less than an hour – the shortest in recent memory – the FM unambiguously showcased her government’s confidence in returning to power in the general election based on its track record and not promises of freebies. In 2019, the BJP-led NDA was on the backfoot and was forced to announce a… Continue reading What Budget 2024 says about the rewiring of India on February 1, 2024 at 9:29 am

Nifty Metal led the losses, falling around 1 percent. Nifty Pharma, Infra and IT indices were also trading with losses. On the flipside, gains in Nifty PSU Bank, Auto, Bank, Energy and FMCG indices capped losses for the headline indices.

Banks will struggle with slower credit growth while corporate bonds are set to become more attractive

Top Nifty gainers were Maruti Suzuki, Cipla, Eicher Motors, SBI Life Insurance and Power Grid Corporation, while losers included UltraTech Cement, LT, Dr Reddy#39;s Laboratories, JSW Steel and Grasim Industries.

According to Varma, the interim Budget “bodes well” for India#39;s macroeconomic stability and will be seen as a positive by the Reserve Bank of India.

The world#39;s third-biggest oil importer and consumer boosted imports of Iraqi oil to offset the drop in Russian oil imports, according to the data.

Automakers in India release monthly wholesale numbers or sale of vehicles to dealers at the beginning of each month.

Vaccinating girls against cervical cancer, the launch of more medical colleges, and improved mother-and-child care plans, among others, are seen as big positives for healthcare companies.

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.