Bharat Express DD Free Dish

FISCAL DEFICIT

Sensex jumped 640 points, Nifty crossed 25,000 on Monday as India became the world’s fourth-largest economy.

The RBI is likely to transfer a record ₹2.5–3 lakh crore dividend to the Centre, boosting government finances, analysts said.

The IMF has added 11 new conditions to Pakistan’s $7 billion bailout & warned worsening ties with India could undermine economic stability.

Public sector undertakings (PSUs) will likely distribute an unprecedented Rs 1.3-1.4 lakh crore in dividends this fiscal year, benefiting both the government and retail investors.

As per a Crisil report, India’s economic expansion is becoming more balanced, with private consumption playing a larger role in GDP growth.

India’s fiscal deficit is on track to shrink steadily, bolstered by rising tax revenues, according to the World Bank’s latest report.

Gross direct tax collections, before refunds, rose by 19.94%, reaching Rs 20.64 lakh crore, up from Rs 17.21 lakh crore in the corresponding period of the previous year.

Despite a 15% YoY decline in H1 FY25 capex, capital expenditure in Q2 FY25 showed a 10.3% growth, which may support economic growth in the quarter

Presenting the interim Budget 2024-25, Sitharaman said tax receipts for 2024-25 projected is projected at Rs 26.02 lakh crore.

According to a report by the World Bank, India's GDP growth is predicted to moderate to 6.3% in FY24