Union Budget 2024 signals confidence on three fronts
Fri, Feb 2, 2024 5:10 PM

Union Budget 2024 signals confidence on three fronts

A Flip by Avya Verma
Get it on Google Play
The Interim Budget in India stayed true to its word of prioritizing responsible spending, with a focus on key social and infrastructure milestones achieved in the past decade. The government showed confidence in economic growth, political continuity, and fiscal rectitude by aiming for a lower deficit and showcasing improvements in tax collections and spending mix.

More great flips

India in a sweet spot with solid growth and moderating inflation

India in a sweet spot with solid growth and moderating inflation

Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation. We forecast 7.2% growth for calendar year 2024, followed by 6.6% in 2025 and 6.5% in 2026,” the global rating agency said, highlighting that the economy will continue its steady momentum in the July-September quarter. The Indian economy had expanded 6.7 percent in the April-June quarter of 2024.

Open Flip
M&M outpaces rivals with strong PV volume growth, margin expansion in Q2

M&M outpaces rivals with strong PV volume growth, margin expansion in Q2

The Indian Passenger Vehicle (PV) industry experienced a subdued September quarter, with Original Equipment Manufacturers (OEMs) reporting varied performance in terms of volume growth and margin trajectories. Mahindra & Mahindra outperformed its peers in the Indian passenger vehicle market, with an 18% year-on-year growth in volumes during the second quarter of FY25, amidst a subdued performace.

Open Flip
NFRA board meet to weigh global audit standards for LLPs

NFRA board meet to weigh global audit standards for LLPs

The National Financial Reporting Authority (NFRA) is set to consider applying company audit standards to limited liability partnerships (LLPs) at its November 25 board meeting, which may lead to revised standards for LLPs, including specific benchmarks for turnover or capital contribution, to improve transparency and accountability.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon