Tag: Nirmala Sitharaman

Government Of India sets timeline for sale of state-owned firms

Air India and oil marketing firm Bharat Petroleum to be sold by the first half of next fiscal It may be noted that even before the pandemic the country’s economy was not in a good shape. India’s gross domestic product growth has been on the decline since Q4 FY17, and in the last quarter of […]

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BUDGET 2021:The 10 biggest takeaways

Finance Minister Nirmala Sitharaman’s Budget is bold and offers not only a direction for growth but also a strong intent for reforms. Thankfully, it doesn’t have a spoiler. 1. An Expenditure Budget: Finance Minister Nirmala Sitharaman has found space for imparting a fiscal impulse in 2021-22. Compared with a capex of Rs 4.12 lakh crore in […]

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Dalal Street’s high expectation from FM Nirmala Sitharaman’s third Budget speech

Experts expect that further rally in the market may need the economy to regain its mojo for which the Union Budget will prove to be a ideal platform Finance Minister Nirmala Sitharaman will present Budget 2021 on February 1. With equity market hitting all-time highs since November last year, FM’s Budget speech is likely to […]

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Budget 2021: FY21 disinvestment target at Rs 2,14,000 cr; only Rs 6,500 cr achieved so far

The government has so far disinvested equity stakes in Hindustan Aeronautics; Bharat Dynamics; Mazagon Dock Shipbuilders; RITES; and SUUTI. Indian Union Budget 2021-22: India had set a humongous disinvestment target for the current fiscal year 2020-21 – its most ambitious so far. However, with nearly three quarters of the year already gone, the nation has achieved […]

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