Search Results for: fiscal deficit

Ola electric

Ola Electric Faces Data Theft Allegations Amid IPO Preparations

Ola Electric, the electric vehicle arm of ride-hailing giant Ola, has been accused of data theft by CE Info Systems Ltd, the parent company of MapMyIndia. The allegations, which have been vehemently denied by Ola Electric, have sparked a legal battle that could have far-reaching implications for both companies. Jul 30, 2024
Union Finance Minister Nirmala Sitharaman, Minister of State in Finance Pankaj Chaudhary and other members of finance ministry leave to present the budget in Parliament

How full Budget 2024 compares with Interim Budget: Explained

The Union Budget 2024-25 focuses on empowering youth, women, farmers, and the poor, with significant allocations for employment and skilling. Fiscal consolidation is strengthened, with a reduced fiscal deficit target and lower planned gross market borrowing. Revised tax slabs and a comprehensive review of the Income Tax Act aim to simplify tax compliance and boost sectors. The budget retains a high allocation for the Ministry of Defence, promoting 'Aatmanirbharta' in Defence technology and manufacturing. Jul 24, 2024
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