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Industrial stocks correct after Rs 11.11 lakh crore capex allocation in Budget 2024

Industrial stocks, which have been the beneficiaries of the increased public capex spending, have rallied significantly over the past year ....

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FM Sitharaman sets FY25 capex target at Rs 11.1 lakh crore in Budget

The FY25 capex will be 3.4 percent of the GDP. Infra stocks gain as capex outlay increased by 11.1 percent in FY25 ....

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No fixed disinvestment target in FY25 Budget, says DIPAM Secretary

The government s disinvestment strategy must be calibrated while also focussing on the creation of wealth, Tuhin Kanta Pandey said ....

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Sitharaman's message to ratings agencies: Govt bettering fiscal consolidation roadmap

According to Christian de Guzman of Moody s, while the interim Budget firmly conveyed India s commitment to its fiscal consolidation, the government s ability to meet its targets could be restricted due to a variety of factors ....

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Finance Secy Somanathan says debt-to-GDP ratio of 40% a relic, needs re-examination

Speaking to reporters after the presentation of the interim Budget, Finance Secretary TV Somanathan also said India s debt-to-GDP ratio is one of the lowest in the G20. ....

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