The Indian government is scheduled to release the Interim Budget for 2024-25 on February 1, 2024. The budget will be presented by Finance Minister Nirmala Sitharaman and will be keenly observed by the public. Due to the interim nature of the budget, big policy changes aren’t expected from the financial document, however, experts are hoping … Read more
Stock Market: Sensex Jumps Over 800 Points, Nifty Trading Above 21,600 The stock markets are attempting a strong rally to recover from the shocks of the previous week. As of 10:40 AM, the S&P BSE Sensex climbed more than 800 points to stand at 71,516.55, while the NSE Nifty50 was trading at 21,610.45, after gaining … Read more
Direct Tax-To-GDP Ratio Touches 23-Year High At 6.11% In FY23: CBDT The government’s direct tax-to-GDP ratio touched a 23-year high of 6.11 per cent in the 2022-23 fiscal year, official data from the Central Board of Direct Taxes revealed on Tuesday. The data showed that the government’s direct tax collections increased 17.8 per cent to … Read more
Rupee Slips 6 Paise To Hit 83.13 Against US Dollar In Early Trade The rupee depreciated 6 paise to touch 83.13 against the US dollar in the morning session, due to surging crude oil prices and dollar demand from importers. Forex traders noted that the domestic unit is trading in a narrow range after the … Read more