union budget | DD News

February 1, 2025 9:51 AM

Commercial LPG cylinder prices slashed by Rs 7 ahead of Union Budget

Oil marketing companies have reduced the price of 19 kg commercial LPG cylinders by Rs 7, effective immediately. The price revision comes just hours ahead of the Union Budget presentation scheduled for 11 a.m. in Parliament. Following the reduction, the cost of a 19 kg commercial LPG cylinder in Delhi has dropped from Rs 1,809 to Rs 1,797. In other major cities, the new rates are Rs 1,749 in Mumbai, Rs 1,904 in Kolkata, and Rs 1,959 in Chennai. However, there has been no revision in the price...

February 1, 2025 9:38 AM

Finance Minister Nirmala Sitharaman arrives at North Block to present Union Budget 2025

Union Finance Minister Nirmala Sitharaman arrived at the North Block on Saturday, ahead of presenting the much-anticipated Union Budget for the financial year 2025-26 in the Lok Sabha. This marks Sitharaman's historic eighth consecutive budget presentation, surpassing former Prime Minister Morarji Desai’s record. The Finance Minister is set to deliver her speech at 11 a.m., outlining the government’s fiscal roadmap, revenue strategies, taxation reforms, and developmental priorities. The Ec...

January 31, 2025 2:48 PM

Union Budget 2025-26: Fiscal consolidation, infrastructure spending, and sector-specific incentives in focus

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2025-26 on Saturday, key areas of focus are expected to include fiscal consolidation, infrastructure spending, and sector-specific incentives, according to leading global brokerages and financial institutions. Jefferies predicts that income tax cuts could boost consumer discretionary spending, while welfare scheme expansions may help drive rural recovery. The brokerage also highlighted potential positive developments fo...

January 31, 2025 1:48 PM

Union Budget 2025-26 set to be blueprint for Modi government’s reform agenda: report

As the first full-year budget of the NDA's third term, the Union Budget 2025-26 is expected to chart a path for structural reforms and strategic policy shifts, prioritizing long-term growth over mere fiscal balancing, according to a report from Motilal Oswal Financial Services. The report highlights how, over the past decade, the NDA government has shifted from a 'consumption push' to a supply-side reform approach. Key reforms, including the introduction of GST, digitization, financial inclusi...

January 31, 2025 10:13 AM

Stock market opens higher ahead of economic survey, union budget

As the nation gears up for the Economic Survey and the Union Budget 2025-26, domestic benchmark indices opened higher on Friday, with optimism in the air as investors looked for potential catalysts from the upcoming announcements. The Sensex rose by 184 points or 0.24% to reach 76,935 around 9:31 a.m., while the Nifty gained 74 points or 0.32% to trade at 23,323 in early hours. Despite foreign institutional investors (FIIs) unwinding long positions, both Sensex and Nifty have maintained a thre...

January 5, 2025 5:38 PM

CII pushes for employment policies, labour reforms, and boosting women workforce in Union Budget 2025-26

The Confederation of Indian Industry (CII) has urged the government to prioritize employment generation, implementation of labour reforms, and increased participation of women in the workforce in the upcoming Union Budget 2025-26, set to be presented on February 1. Highlighting the potential of India’s demographic dividend, CII proposed an integrated National Employment Policy to unify the numerous employment-focused initiatives currently under various ministries and state governments. Chandr...

September 16, 2024 4:29 PM

Nirmala Sitharaman to speak on Finance Bill later today, before its passage in Lok Sabha

Union Finance Minister Nirmala Sitharaman is scheduled to address the Lok Sabha today at approximately 4 PM, responding to discussions on the Finance Bill. This follows the House's passage of the Appropriation Bill for the central government's 2024-25 expenditure on Monday. The 2024-25 Union Budget, presented by Sitharaman on July 23, outlines several key economic measures. The fiscal deficit target has been set at 4.9% of GDP, with plans to reduce it below 4.5% by 2025-26. The capital expendit...