In the Union Budget 2024 presented by Finance Minister Nirmala Sitharaman, several significant initiatives were unveiled aimed at boosting economic growth and addressing key developmental challenges. Sitharaman announced the doubling of the limit for MUDRA loans from Rs 10 lakh to Rs 20 lakh, aimed at facilitating greater financial assistance to small businesses and entrepreneurs.
Finance Minister Nirmala Sitharaman announced in the Union Budget 2024-25 an allocation of Rs 1.48 crore for education, employment, and skilling. She announced that the focus will be on MSMEs and the middle class. She announced the extension of the PM Garib Kalyan Anna Yojana for five years to benefit 80 crore citizens. She emphasisied the importance of supporting the poor, women, youth, and farmers to propel India towards robust development and prosperity under the Modi government's leadership.
Union Budget: Finance Minister Nirmala Sitharaman announced support amounting to Rs 26,000 crore for the development of various road connectivity projects on Tuesday. The projects will include the Patna-Purnea expressway, the Buxar-Bhagalpur highway, the Bodhgaya-Rajgir-Vaishali-Darbhanga route, and an additional two-lane bridge over the river Ganga in Buxar.
A total of 31,175 shares changed hands on the counter till 11:31AM (IST).
Budget 2024 Key Announcements for Common Man: Union Finance Minister Nirmala Sitharaman presents her record 7th Budget, the first full Budget of Modi 3.0. Amidst high expectations for relief from inflation, key announcements include a Rs 2 lakh crore package, extended PM Garib Kalyan Ann Yojna, and initiatives for education, employment, and skills.
Here’s a list of stocks that 7 mutual funds added to their portfolios in June.
Presenting the Budget for 2024-25, the Finance Minister said the Centre will promote digital public infrastructure for agriculture in partnership with states, while Jan Samarth-based Kisan Credit Card will be introduced in five states. Besides, the government will strengthen production, storage and marketing of pulses, while fast-track growth of rural economy and creation of employment opportunities will be the policy goal, she said.
Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25, marking her seventh consecutive budget and the first for the Modi 3.0 government. The budget emphasizes accelerating economic growth and enhancing women's empowerment. The Economic Survey highlighted India's robust recovery post-Covid and substantial increases in funding for women's welfare. The Parliament budget session will run from July 22 to August 12, with a focus on income tax changes and improving the business environment.
A total of 8,041 shares changed hands on the counter till 11:26AM (IST).
Budget: The Budget for FY25 will provide Rs 1.48 lakh crore for education and employment and skill development, the Finance minister announced. The govt will launch three employment-linked schemes during the year ahead, the Budget document stated.
Union Budget 2024: Finance Minister Nirmala Sitharaman emphasized that Prime Minister Narendra Modi's first post-election budget for 2024-25 will prioritize employment and support for the middle class. She introduced three schemes under Employment-linked incentives, including a Rs 2 lakh crore allocation for job creation over the next five years.
Union Budget 2024: Finance Minister Nirmala Sitharaman highlighted Modi government's nine priorities focused on making India a developed country by 2047, while presenting Union Budget 2024-25, on Tuesday.
Finance Minister Nirmala Sitharaman presented the 2024-25 Budget, her 7th consecutive, surpassing Morarji Desai’s record. This was the first Budget in Prime Minister Narendra Modi’s third term. She highlighted stable inflation at 4%, core inflation at 3.1%, and India’s economic growth amid global policy uncertainty. Modi’s re-election reflects public faith, she stated in the Lok Sabha presentation.
The NSE Nifty index was trading 27.1 points down at 24482.15
The Budget laid out 9 priorities for the year ahead, one of them being productivity & resilience in agriculture.
A total of 192,658 shares changed hands on the counter till time (IST).
Short buildup means more people are expecting the prices to go down and creating short positions. In Tuesday's trading session, five stocks witnessed a build of fresh short positions. Here's the list:
The Supreme Court emphasized that bail orders should only be stayed in exceptional circumstances, setting aside a Delhi High Court decision to halt bail for an accused in a money laundering case. The bench highlighted that courts must exercise caution when granting such stays, avoiding a mechanical approach. The ruling came in response to a plea by accused Parvinder Singh Khurana challenging the High Court's stay on his bail order, which was later restored by the apex court.
A statement from the Canadian Hindu Chamber of Commerce (CHCC), dedicated to promoting the interests of the Hindu business community in Canada, said, "The act of vandalism is not only an attack on a physical structure but also an affront to the sentiments of the Hindu community and the principles of respect and tolerance that our society holds dear."
The 30-share BSE Sensex was up 167.66 points at 80669.74
On the technical charts, the 200-day moving average of the stock stood at Rs 2541.53.
The Nifty Auto index was trading 0.37 per cent up at 25343.75.
During the Republican presidential debate last November, Ramaswamy, 38, had predicted that Biden would not be the Democratic presidential nominee, a claim dismissed as a 'conspiracy theory' by much of the mainstream media at that time. On Sunday, Biden shocked the nation by announcing that he is backing out of the presidential race and endorsed Vice President Kamala Harris, who, as of now, is the only Democratic Party leader in the race.
Budget 2024: Finance Minister Nirmala Sitharaman opted for an off-white checkered handloom saree with a contrasting purple and pink-hued blouse for the presentation of the first Budget on Tuesday of the third term of the NDA government
A total of 165,449 shares changed hands on the counter till 11:06AM (IST)
