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Budget 2023 LIVE updates: Finance Minister Nirmala Sitharaman presented the annual Union Budget 2023-24 in Parliament today. Follow Business Standard for Budget highlights
Differences between Telangana Governor and state govt came to the fore with Tamilisai Soundararajan be expressing distress over Governor's address to Budget session not being scheduled this year
In India, the average length of a budget speech is about 13,600 words and takes over two and a half hours to complete
'There are a lot of claims about how important the sector is, but nobody really knows. So it's only when we begin to tax it will we get the scale of it', he said
Government allocations on health and education do not meet its targets and consistently fall short in terms of actual spending
The last time India's real GDP was at 8 per cent-plus was in 2015-16 (8 per cent) and 2016-17 (8.3%)
Even as the total allocation has increased, it has fallen as a percentage of GDP
The government has enhanced its capital expenditure significantly with specific focus on infrastructure in areas of railways, roads, and logistics
'We are left with some open issues which need clarifications on the VDA', said Aravind Srivatsan
Domestic-focussed sectors due to the government's push on infrastructure and indigenous manufacturing are the big winners in the Budget
Airtel wants only interference-free spectrum to be put up for auction
The government has continued with earlier policies, schemes and extent of outlays, without attempting radical shifts or transformations
15-40 bps raise likely in MPC meeting next week, say market participants
Several crypto investors and traders Business Standard spoke with said the attraction of the asset class is its volatility
A 500-company sample of Q3 results, including many of the private sector majors, shows signs of inflation impacts
We must also acknowledge a certain middle class approach this government takes to managing the economy
Spectrum auctions to be conducted in 2022, expected rollout of 5G mobile services within 2022-23