[ad_1] VI signs mega deal for 4G, 5G expansion NEW DELHI: Vodafone Idea has awarded contracts worth approximately Rs 30,000 crore to Nokia, Ericsson, and Samsung for 4G and 5G network equipment over the next three years. This move is part of the company’s announced three-year capital expenditure plan of around Rs 55,000 crore.“Vodafone Idea…
[ad_1] NEW DELHI: Finance minister Nirmala Sitharaman on Monday said that Sebi chairperson Madhabi Puri Buch and her husband have been answering some of the allegations and both are defending themselves and are putting out facts to contradict those that are being alleged by the Congress party.“So, I think the facts have to be taken…
[ad_1] NEW DELHI: Finance minister Nirmala Sitharaman on Monday said that Sebi chairperson Madhabi Puri Buch and her husband have been responding to some of the allegations and are defending themselves by presenting facts to counter the Congress party’s claims.“So I think the facts have to be considered,” Sitharaman said at an event organised by…
[ad_1] Budget 2024: Prime Minister Narendra Modi on Tuesday addressed a CII post-Budget 2024 conference, stating that in 10 years, his government has tripled India’s Budget. The last Budget presented by the Manmohan Singh government in 2014 was of Rs 16 lakh crore. Ten years later, the Union Budget 2024 presented by us a few…
[ad_1] The Budget for 2024-25 looks at first glance like a finance minister’s dream come true. Nirmala Sitharaman has been able to sharply raise the outlay on capital expenditure, which is spending on creating productive assets, over the “provisional actual” (PA) figures for 2023-24 without resorting to borrowing more.As a result, she has been able…
[ad_1] NEW DELHI: In an effort to boost the economy, representatives of various industries on Tuesday urged finance minister Nirmala Sitharaman to reduce the incidence of indirect taxes and rationalise duty structure wherever required.In a pre-Budget meeting with Sitharaman, FIEO president Ashwani Kumar made a case for an extension of the interest equalisation scheme for…
[ad_1] NEW DELHI: Corporate chiefs on Thursday pitched for retaining the focus on capital expenditure, while easing rules for MSMEs and boosting consumption. Measures to support higher demand was the other key theme during FM Nirmala Sitharaman’s meeting with industry bodies.“We welcome govt’s emphasis on fiscal consolidation and believe it would proceed with a strategic…
[ad_1] India’s capital expenditure outlay for FY25 could see an increase of 8-10% from the Rs 11.11 lakh crore allocated in the interim budget. This is due to better-than-expected tax revenue and a record surplus transfer from the RBI.“Both tax and non-tax revenue are expected to be better,” a senior official told ET. “Additional surplus…
[ad_1] NEW DELHI: CareEdge Ratings expects India’s GDP to growth at 7.6 per cent in 2023-24 ending on March 31, and around 7 per cent in the next financial year 2024-25.According to the rating agency, the economic growth in the current financial year was supported by a strong growth in investment demand led by public…
[ad_1] NEW DELHI: India Inc wants government to keep up the momentum on public spending to boost demand and step up disinvestment and asset monetisation to keep public finances in order. “India is at an important inflexion point and given the current global developments and associated headwinds, the government should continue to lay major thrust…
