Page 5 - Budget 2022 News

We will ensure borrowing programme in FY23 is smooth: DEA secy Ajay Seth

In a Q&A, he asserts nothing, including a ban on crypto currency, is off the table since the concerns of the financial market are for real

Budget opted for lasting benefits, not temporary relief: TV Somanathan

I still hold the view that except for the poor, what is restraining consumption is activity restriction, which is not financial in its origin, says finance secretary

ONGC, IOC, others to spend Rs 1.11-trn capex in FY23

ONGC has planned a capital expenditure (capex) of Rs 29,950 crore in FY23, marginally lower than the revised estimated expenditure of Rs 30,500 crore in the current fiscal

Budget 2022: Weak demand-led rural stress to continue for FMCG firms

The MNREGA allocation did not come on expected lines but companies expect it to get revised during the year

Fiscal constraints

India needs to boost tax-to-GDP ratio

Digital currency can be exchanged for cash, says PM Narendra Modi

Addressing the 'Atmanirbha Arthavyavastha' symposium organised by the BJP, he said the central bank digital rupee will make online payments more secure and risk free and boost digital economy

Union Budget 2022-23: Green bond push likely to bring in investors

Green bonds are regular bonds but their proceeds are used for financing environmentally-sustainable projects.

PSBs poised for growth despite zero capital from govt this budget: Agencies

Decision to not earmark funds for recapitalisation reflects confidence in capital position of such banks, as well as their ability to raise funds from market

Covid-19 vax: Low allocation in FY23, Centre has unutilised funds from FY22

Depending on utilisation of budgetary estimates, allocation can be hiked, say officials

Union Budget 2022-23: Telecom firms spar over 5G auction quantum

Airtel wants only interference-free spectrum to be put up for auction

ICSI, ICAI applaud Union Budget 2022; say it is forward-looking

ICSI applauded the Union Budget 2022 and said its focus on productivity, climate action, financing investment and the PM Gati Shakti plan is aimed at promoting growth

Union Budget 2022-23: Crypto investors look to pare their holdings

Several crypto investors and traders Business Standard spoke with said the attraction of the asset class is its volatility

Budget 2022: India to join a small group of countries with digital currency

Till now, only nine of the 91 countries have launched a central bank digital currency

Budget 2022: RSS-linked body SJM offers some praise, flags some concerns

Lauds 30% crypto tax, push for domestic investment; laments little emphasis on middle class, small-scale industry

Budget lays foundation for growth in next 25 years, says Niti Aayog VC

Niti Aayog Vice-Chairman Rajiv Kumar on Wednesday said the government is taking all possible measures to ignite private investments, which will be the best bet to pull the economy out of the shadows

What are the key takeaways from Budget 2022?

While tabling her fourth Budget, Nirmala Sitharaman said that it will lay the foundation for the next 25 year's economic growth. Let us examine what this Budget has in store for the country

Unlike past sessions, Lok Sabha Question Hour runs smoothly on Day 1

Lok Sabha proceedings on Wednesday were smooth with no disruption during the Question Hour.

Budget 2022: Asset creation takes precedence over direct income enhancement

It continues to push its expenditure in infrastructure which would hopefully create further growth impulse and spur private sector to enhance its risk taking in response

Top headlines: Budget 2022 sparks concerns on inflation; HDFC Q3 net up 11%

Business Standard brings you the top headlines on Wednesday

Focus of Budget on basic amenities for poor, middle class, youth: PM

In his address on 'Aatmanirbhar Arthvyavastha' at a BJP event, he said that post-Covid, the possibility of a new world order is emerging and the initial indicators of it are already visible