Union Budget 2022 | A roadmap for economic revival
The Hindu
The introduction of digitalrupee will boost the digital economy and bring in efficient currency management.
Hon’ble FinanceMinister Nirmala Sitharaman presented a balanced andgrowth orientedbudgetwithastrongemphasis on long term growth andavoidedanyannouncement of election-relatedpopulist measures.
It focussed on four pillars — productivity, climateaction, financinginvestments & PM GatiShakti plan— and has laid a roadmap for economicrevival, against the backdrop ofuncertainty amidst the COVID Infections.
Though the fiscal deficit is tad higher at 6.9% for 2021-2022 and at6.4% for 2022-23, but given the 35% increase in capital expenditure, governmenthaschosentobepro-growthand has rightly refrained fromundertaking aggressive fiscal consolidation at this early stage of economicrecovery.TheDisinvestment
MTNL shares surge 18% after earning ₹2,134.61 crore from land monetisation, government informs Parliament. Market benchmarks rise.
February 2025 saw a 2% increase in passenger vehicle sales in India, with upcoming festivals expected to boost demand.
Fitch Ratings revises outlook on Adani Group entities to Stable, affirms 'BBB-' rating, and takes rating action on other bonds.
Equity market benchmarks Sensex and Nifty rise on strong domestic data and global trends, led by ICICI Bank and Reliance: Follow The Hindu’s updates on the Sensex and Nifty
Scopely will pay $3.5 billion to acquire Niantic’s game unit, including the studio behind Pokemon Go.
Follow The Hindu’s updates on the rupee : Mumbai forex analysts report on rupee's gains against the dollar amid global tariff tensions and economic data.
The U.S. Federal Trade Commission is moving ahead with an antitrust probe of Microsoft, Bloomberg News reported.
Intel hires semiconductor industry veteran Lip-Bu Tan as CEO to revive struggling company amid leadership changes and financial challenges.
Nandan Nilekani predicts India as top IPO market by 2035 with 1 million startups and $8 trillion economy potential.
BNW Developments partners with Taj to bring luxury living to UAE's Al Marjan Island, Ras Al Khaimah.
Equity indices Sensex and Nifty close lower amid global economic concerns, with IT and telecom stocks leading the decline.
Rupee closes at 87.19 against US dollar amid tariff uncertainties, crude oil prices, and global market volatility.
NCLAT rejects IRDA pleas against Shriram Group insurance arm mergers, citing no statutory bar under Insurance Act.