Key Points
Interim Budget: India's cabinet on Thursday approved the Interim Budget for fiscal year 2025, while the world's biggest democracy looks at the Modi government 2.0's last financial document with hopes for measures to ease price pains..
Prime Minister Narendra Modi yesterday, ahead of the commencement of the parliament's budget session, vowed to present the full budget after returning to power for a third straight term...
"We will follow the same tradition and present a full-fledged budget before you after a new government is formed," he said, adding that Finance Minister Nirmala Sitharaman will in her budget, to be tabled on Thursday, come out with measures showing a direction...
Sitharaman as well as Modi had said the four focus areas of the interim Budget will be - nari shakti (women empowerment), youth, farmer and the economically weaker section of the society...
All eyes will be on what guidance Sitharaman gives in the budget for the economy's road ahead to be a juggernaut, while it also seeks to keep the inflation monster calm that not only is a threat for the Indian lower-and-middle class but also makes Reserve Bank of India's rate choices difficult and inflates input costs for corporates...
