February 1st 2025 will see the presentation of India’s Union Budget. The country’s financial blueprint will be presented in the Parliament by Finance Minister Nirmala Sitharaman. But what does this presentation process entail and how will the proceedings take place? What can be the major areas of focus in the Budget 2025? Here is a look at the Budget presentation process and probable areas of focus for this presentation.
30 January,2025 07:13 PM IST
The Union Budget 2025 will be announced on 1st February. The process of preparing and passing this budget is an intricate one. It begins with the groundwork by the Ministry of Finance, consultations with stakeholders, and data analysis and goes through multiple stages of drafts, approvals and voting stages in the Lok Sabha and Rajya Sabha. Here is a roundup of how the Budget is prepared and passed in India.
30 January,2025 12:29 PM IST
budget 2025 why did the date for the union budget change to february 1 explained watch video to find out
The Union Budget for 2025 will be presented by Finance Minister Nirmala Sitharaman on February 1. The Budget is a key event for the common man, as it impacts their daily life. In the past, the Budget was traditionally presented on the last working day of February. However, the current government, led by Prime Minister Narendra Modi, changed this practice and moved the date to February 1. This shift was made to allow more time for the implementation of the proposed policies and decisions before the new financial year begins on April 1. By presenting it earlier, the government aims to give businesses, investors, and government departments enough time to plan and prepare for the upcoming financial year. Watch video for more information.
28 January,2025 06:03 PM IST
The business empire of Indian Industrialist Gautam Adani is under the radar of the US authorities. The combined market capitalization of all 11 Adani stocks fell by around Rs 2.25 lakh crore to Rs 12 lakh crore. The investigation and its outcomes into allegations by the US persecutors will likely continue to influence investor sentiment and market performance for the Adani Group in the near term. But why is the US involved in this? What is the Gautam Adani bribery controversy all about? In this video Mid-day journalist, Katyayani Kapoor explains the Indictment. Take a look.
21 November,2024 06:52 PM IST
On August 5th, 2024, there was a major stock market crash. Indian markets, including the Nifty and Sensex indices, saw significant losses right at the start of the day. This sharp decline came after global markets had also suffered heavy losses. Market expert Sunil Shah had predicted an early recovery for the Indian market, but the prediction did not hold true. The Indian stock market faced one of its worst drops as it followed the global downturn. The sharp fall in both major indices reflects the severe impact of the global market turmoil on India's financial markets. Watch video for more.
05 August,2024 01:16 PM IST
Beginning an investment journey can be daunting for many and if you have been wondering on how to start investing for beginners, worry not - we have got you covered. In this episode of Money Matters, Mid-day’s Katyayani Kapoor speaks to Kalpesh Ashar - SEBI Registered Investment Advisor and Financial Planner on the basics of investing, different modes of investing, saving vs investing, risk management in investments and the strategy for building a good investment portfolio. Kalpesh busts investing myths and shows the right way to kick-start the investment journey. If you are a beginner in investing and taking your baby steps into the world of investing, this video on the beginner guide to investment is just for you.
25 June,2024 06:30 PM IST
Union Minister and BJP Lok Sabha MP from Mumbai North parliamentary constituency, Piyush Goyal, launched an attack on Rahul Gandhi for alleging a stock market scam after the market’s crash on June 4. Rahul Gandhi accused PM Narendra Modi, Home Minister Amit Shah, and Finance Minister Nirmala Sitharaman of being involved in the alleged stock market scam. Rahul Gandhi alleged that it’s a scam of 30 Lakh crores and the common people of India lost the alleged amount of money. Piyush Goyal blamed Rahul Gandhi for misleading market investors. Piyush Goyal said, “Rahul Gandhi has still not overcome the loss in the Lok Sabha Elections. Now, he is conspiring to mislead the market investors. Today, India has become the fifth-largest economy.”
07 June,2024 10:50 AM IST
The Indian stock market rallied for the fourth straight session on September 13. At 9.23 am, the Sensex traded at 60,454.35 points, up 339.22 points or 0.56 percent, while the Nifty traded at 18,040.85 points, up 104.50 points or 0.58 percent. Among the Nifty 50 companies, 47 advanced and the rest three declined this morning, National Stock Exchange data showed. Prior to last Thursday, the benchmark indices - Sensex and Nifty - fell for two sessions on the likelihood of aggressive rate hikes in the US to fight inflation as indicated by the US Federal Reserve.
13 September,2022 10:41 PM IST | Mumbai
Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet passed away at the age of 62. He was not keeping well for the past few days and breathed his last today in Breach Candy Hospital in Mumbai, as per the hospital sources.
14 August,2022 10:13 PM IST | MumbaiADVERTISEMENT
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