"nirmala-sitharaman"

The Finance Minister noted that it took 75 years to reach a per capita income of $2,730, but the next increase is anticipated to occur swiftly due to robust investments, strong fundamentals, and ongoing policy reforms.

Union Home Minister Amit Shah said Modi became the prime minister for a third consecutive term with the people's mandate and not because of the Congress president's grace.

FM Sitharaman will hold bilateral meetings with her counterparts from Uzbekistan, Qatar and China, along with the AIIB President. The Finance Minister will attend the meeting as the Indian Governor to the AIIB, according to a statement from Ministry of Finance.

A hefty 18% GST on health insurance premiums is stifling, particularly when its life cover penetration is abysmally low

In his first meeting with Modi after the Union Budget, Naidu thanked the prime minister for key announcements made for Andhra Pradesh, including Rs 15,000 crore funding for the new capital's development

It is learnt that Hasina has been moved to a safe location after the meeting and it is unlikely that she would leave India on Monday night.

As of Saturday, the price for 22-carat gold per ten grams stood at Rs 63,250, while 24-carat gold was priced at Rs 72,280.

Identification of and collection of data on such reserves may attract investments for sustainable extraction

While the focus on employability is a step in the right direction, much will depend on the industry’s cooperation

The oil palm growers not only in the State, but in Andhra Pradesh, Kerala and seveal other States were left disappointed as no attention was paid by the Centre to their pressing issues.

The Centre has opened its purse strings for Bihar and AP while ignoring the genuine needs of other States

The duty on gold and silver has been reduced to 6 per cent, leading to an immediate impact on prices.

The standard deduction for salaried employees is proposed to be increased from Rs 50,000 to Rs 75,000 annually. Similarly, deduction on family pension for pensioners is proposed to be enhanced from Rs 15,000 to Rs 25,000.

None of the major requests from the State were accommodated in the Union Budget for fund allocation.

The amount will be provided to the employees as a Provident Fund contribution.

Budget likely to focus on supporting consumption via higher allocation for the rural economy, taxation reforms, infrastructure push

Besides, the market also expects staying on the fiscal glide path to lower the fiscal deficit to 4.5 per cent of GDP by 2025-26

Also suggested linking of price monitoring data for essential food items to help monitor and quantify the build-up of prices at each stage

Says the Budget will set the direction for the journey of the next five years and lay the foundation for fulfilling the dream of 'Viksit Bharat' in 2047

The document was prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance and formulated under the supervision of the Chief Economic Adviser.