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UNION BUDGET 2023

UNION BUDGET 2023

Updated : Feb 10, 2023

Navneet Munot Of HDFC AMC Shares His Top Investment Themes And Market Mantra

Are you looking for strategies to ride the market volatility? Which are the sectors that are looking attractive post Budget 2023? Catch Navneet Munot, MD and CEO, HDFC Mutual Fund as he shares his top investment themes and market mantra

Updated : Feb 08, 2023

FM Elucidates Why India Is Ready For A ₹10 Lk Cr Capex

Roads, railways & defence took centre stage in FM’s capex allocation this Budget. But are the sectors ready to absorb the ₹10 lakh cr quantum? Will the implementation of such a capex outlay thereby translate into an on-ground reality? Appetite for capex is rising steadily, says FM Sitharaman. Citing progress in railways and civil aviation emphasizes on the need for infrastructure development following decades of delay. It is not just about absorption, she believes the States have more than the required capacity to implement projects in a time-bound manner.

Updated : Feb 08, 2023

FM Sounding Cautious On Where Growth Is Headed

Treading in very uncertain times, says Finance Minister Nirmala Sitharaman. Speaking at the Business Today Budget Roundtable, she cited concerns over the consistent nature of the COVID-19 pandemic coupled with geopolitical pressures stemming from the Russia-Ukraine war. Very difficult to come to a conclusive figure on where India’s growth will stand, she added.

Updated : Feb 08, 2023

India’s Core Debt Lower Than Global Peers?

As per India’s latest Economic Survey, the core debt figures are lower than the global average. India’s core debt-to-GDP ratio is lower when compared to major economies of the world. Debt is a concern and we will pare it down, says FM Sitharaman. In a response to Udayan Mukherjee’s question about borrowing, she added that it was among the conscious efforts by the Centre to undertake to borrow made with a view to enabling growth.

Updated : Feb 08, 2023

"This Is One Budget Which Is Absolutely Out Of Context"

Has the government released a budget that is focused on growth, or has it missed key deadlines? Supriya Shrinate, a national spokesman for the Congress, claims that this year's budget "is absolutely out of context" because it fails to address issues like unemployment, price increases, and decreased earnings. She went on to say that nothing in the budget indicated what the government would do to help the poor. She also accused the BJP of reducing funding for agriculture, rural development, welfare programs, and education. In response, a BJP spokeswoman claimed that India's position as the fifth-fastest-growing economy in the world, up from tenth in 2014, Additionally, he mentioned a number of growth indicators for the defence, infrastructural, and auto industries that India has attained during the past nine years. Listen in on this exclusive conversation with India Today's Rahul Kanwal.

Updated : Feb 08, 2023

Modi Minister Says Former RBI Governor’s Views Coloured By Politics

Catch Minister for Railways, Communications, Electronics & Information Technology Ashwini Vaishnaw with India Today & Aaj Tak's News Director Rahul Kanwal. Ashwini Vaishnaw responded to criticism levelled by economist and former RBI Governor Raghuram Rajan on PLI incentive schemes. According to Ashwini Vaishnaw, Raghuram Rajan's affiliation with a political party has caused him to shift his position on credit to manufacturing facilities. Additionally, Ashwini Vaishnaw also said that the semiconductor industry is evolving and demand for higher-note chips will remain in the future as well.

Updated : Feb 08, 2023

Jayant Sinha On Why BJP will Win Elections Again

Catch Siddharth Zarabi, Managing Editor, BTTV in conversation with BJP Lok Sabha MP Jayant Sinha at the India Today-Business Today Budget Roundtable. We will continue to win elections after elections because we are not after popularity but long-term economic vision, says Jayant Sinha.

Updated : Feb 07, 2023

'The RBI Will Heave A Sigh Of Relief Looking At The Budget 2023-24'

Watch Sakshi Batra in conversation with Abheek Barua, Chief Economist, HDFC Bank to find out whether the Union Budget 2023-24 met an economist's expectations. Tune in as he shares key insights on whether the government will be able to meet the 4.5% fiscal deficit target. He also talks of how the RBI will look at the Budget in view of slowing growth and the macroeconomic uncertainties which still persist.

Updated : Feb 07, 2023

Is China Behind Hindenburg's Report On Adani?

The need for conducting an investigation to determine whether the Chinese were responsible for the Hindenburg report on Adani has been brought up by economist and national co-convener of the Swadeshi Jagran Manch, Ashwani Mahajan at the India Today-Business Today Budget Roundtable. He also questioned Hindenburg's credibility, pointing out that the same US-based agency is not permitted to issue reports on American firms in the United States. Watch this debate with Rahul Kanwal, News Director, India Today & Aaj tak moderates a debate with a panel comprising Sudhanshu Trivedi, National Spokesperson, BJP; Supriya Shrinate, National Spokesperson, Congress and Ashwani Mahajan, Economist & National Co-Convener, Swadeshi Jagran Manch at the India Today-Business Today Budget Roundtable.

Updated : Feb 07, 2023

FM Sitharaman On Why India Loves ‘Hum Aapke Hain Koun’

Finance Minister Nirmala Sitharaman cited the hit Bollywood film ‘Hum Aapke Hain Koun’ as an allegory for the Opposition to take India to greater heights by working together and by not spreading 'toxicity' on every reform the Modi government implements. “The film was enjoyed by one and all as it spread happiness and togetherness among family members. That should be our motto for the betterment of our country,” Sitharaman added at the BT Budget Roundtable in Delhi. Sitharaman also responded when told that Congress leader Rahul Gandhi had termed ‘Amrit Kaal’ as ‘Mitr Kaal’ to hint at Gautam Adani's alleged closeness with Prime Minister Narendra Modi, which came under scrutiny during the ongoing Adani-Hindenburg row. Sitharaman said, “It is time for us to move forward and think about the future that lies ahead of us. I want leaders across the country to tell youth that there is hope and goodness in India rather than decrying the country with that toxic language.”

Updated : Feb 07, 2023

“We Want A Fair Tax Regime & Also Want A Larger Base Within It", Says Jayant Sinha

Catch Siddharth Zarabi, Managing Editor, BTTV in conversation with BJP Lok Sabha MP Jayant Sinha. "We want a fair tax regime and also want a larger base within it. You can save quite a bit of money in the new tax regime," says Jayant Sinha. He talks about the responses that they have heard for the new tax regime.

Updated : Feb 07, 2023

'RBI Must Watch Out On Inflation Building Again'

'No macro narrative with RBI to signal that this is the end and it has concurred inflation', says Abheek Barua, Chief Economist, HDFC Bank. Also, on the panel Soumya Kanti Ghosh, Group Chief Economic Advisor, SBI, Rajiv Kumar, Chairman, Pahle India Foundation, T.C.A. Anant, Former Chief Statistician of India; Former Member, UPSC, Prof. Ramesh Chand, Member, NITI Aayog. Catch this panel discussion to know more about the New Tax Vs the Old Tax regime.

Updated : Feb 07, 2023

Is The Budget Hit Or Miss For The Manufacturing Sector?

Speaking to Business Today Magazine’s Sourav Majumdar, Senior Tax Advisor, Ved Jain said the 15% favourable CIT rate should have been available for longer to support the country's aspirations of becoming a major manufacturing hub. Meanwhile, Neeru Ahuja, the APAC tax head at Deloitte says FM’s intention to keep a stable tax regime is a hit.

Updated : Feb 07, 2023

"Government And Regulators Have Maintained A Silence On Adani"

Watch this firing session in which BJP and Congress spokespersons exchange accusation bullets on the Adani-Hindenburg saga at the India Today-Business Today Budget Roundtable. Supriya Shrinate, a spokeswoman for the Congress, has questioned why the Indian government is standing up for Adani since the Enterprise's debt exposure to Indian commercial and public banks, including LIC, is at a concerning level. She has also identified the organisations, such as the RBI and IRDA, that ought to conduct an investigation into the Adani case. In response to the accusations, Sudhanshu Trivedi, National Spokesperson for the BJP, claimed that the Hindenburg study hinted at a global conspiracy. Watch this exclusive conversation with Business Today's Rahul Kanwal.

Updated : Feb 07, 2023

An Exclusive Session With Finance Minister Nirmala Sitharaman

5 days after presenting the Budget 2023 speech in Lok Sabha, Finance Minister Nirmala Sitharaman faces questioning by four India Today-Business Today editors. In an exciting, free-wheeling discussion, the finance minister defends the Budget against opposition barbs, charts out a path for India’s growth and takes on some tough questions on the Adani saga. She also does not rule out considering a cut in income tax slab to 25% from the current 30%.

Updated : Feb 07, 2023

Dharmendra Pradhan Talks Of The Real Takeaways From Budget 2023

How will the Budget fulfil the aspirations and needs of Indians preparing for a ‘smart’ world? Do the budgetary allocations satisfy the needs of students? Dharmendra Pradhan, Minister of Education, Skill Development and Entrepreneurship say the Budget allocates ₹1.25 lakh crore to the knowledge vertical which is the highest since independence and pushes the education agenda set in the National Education Policy 2020.

Updated : Feb 06, 2023

The Budget Makers Decode FM’s ‘Saptarishi’ Budget

In an exclusive interview with Business Today TV's Managing Editor Siddharth Zarabi, TV Somanathan, the Finance Secretary, expressed confidence that the Rs 10 lakh crore capital expenditure target outlined in the Budget is well within reach. He also added that the three main areas (for maximum spending) are - railways, highways, and some specific sectors, like the petroleum sector. Meanwhile, Tuhin Kanta Pandey, Secretary of DIPAM says the government is focusing on a calibrated disinvestment strategy.

Updated : Feb 06, 2023

A Free-Wheeling Conversation With Ashwini Vaishnaw On Budget 2023

Watch Rahul Kanwal, News Director, India Today & Aajtak in conversation with the dynamic Ashwini Vaishnaw, Minister of Railways, Communications, Electronics, and Information Technology about the various provisions of Budget 2023. The minister discusses everything from the country’s semiconductor policy to PLI, from smartphone exports to new Vande Bharat trains. He also talks of the supreme confidence global investors have in the country.

Updated : Feb 06, 2023

What Action Has The CBDT Taken In Case Of Tax Fraud Involving Political Parties?

Catch Siddharth Zarabi, Managing Editor, Business Today TV in conversation with Nitin Gupta, Chairman, Central Board Of Direct Taxes at the BT Budget Roundtable 2023. Nitin Gupta talks about tax evasion pushing the government towards the new tax regime. The CBDT Chairman also talks of tax fraud involving donations to political parties.

Updated : Feb 06, 2023

Budget Was Conservative For Startups, Says Kunal Bahl, CEO, Snapdeal

Budget Round Table 2023- Push For Industrial Growth. Catch Parvesh Minocha, Chairman, Feedback Infra, Patanjali Keswani, CMD, Lemon Tree Hotels, Navneet Munot, MD & CEO, HDFC Mutual Fund, Kunal Bahl, CEO, Snapdeal, Rahul Garg, Founder and CEO, Moglix and Prashant Tripathi, MD & CEO, Max Life Insurance in an exclusive conversation with Aabha Bakaya, Senior Editor & Anchor, Business Today TV. Navneet Munot, MD & CEO, HDFC Mutual Fund said that in the last few years, India has seen consumption-led growth and one can see the difference between government capex, corporate capex and household capex. Snapdeal's Kunal Bahl said Budget 2023 was conservative for the startups, thanks to the macroeconomic conditions. Listen here for more details-

Updated : Feb 06, 2023

"All Taxpayers Will Benefit From The New Tax Regime", Says CBDT Chairman

Will the new exemption-less tax regime benefit you more than if you claim deductions and exemptions as per the older regime? Catch Siddharth Zarabi, Managing Editor, Business Today TV In conversation with Nitin Gupta, Chairman, Central Board Of Direct Taxes at the India Today-Business Today Budget Roundtable.