by OverviewFx | Aug 11, 2023 | Budget
– Navya MenonThe Economic Survey highlighted that India is one of the most vulnerable countries as far as climate change is concerned, despite contributing only 4% to the entire carbon emissions of the world. In 2021, at COP26 held in Glasgow, India pledged to...
by OverviewFx | Aug 11, 2023 | Budget
Heeding the call for fiscal prudence from several quarters, finance minister Nirmala Sitharaman did not resort to populism in an election year and continued on the path of fiscal consolidation in the Union Budget 2023-24.The finance minister has set a fiscal deficit...
by OverviewFx | Aug 11, 2023 | Budget
The Union Budget 2023 was tabled on February 01, 2023 and the industry believes that it is a populist budget. Finance Minister has checked all the boxes while designing the Budget and has addressed every sector equally. Finance experts believe that this year’s...
by OverviewFx | Aug 11, 2023 | Budget
The Budget has retained its focus on seven broad areas of inclusive development, last mile connectivity, infrastructure development, employment generation, unleashing potential innovation, green growth and financial sector which mirrors the broad strategy of the last...
by OverviewFx | Aug 10, 2023 | Budget
The Union Budget, though does not have direct measures for the banking sector, the measures to boost consumption are likely to benefit the sector, bankers said. “Banks have been enjoying higher credit growth phases over the last six to nine months. The capex...
by OverviewFx | Aug 10, 2023 | Budget
Union Budget 2023-24 has enlarged the Government’s capex by a massive 33 percent, dominated by higher allocations for roads, railways and the interest-free capex loan for the states. Additionally, Finance Minister Nirmala Sitharaman announced a change in income...