TryGOLD- Free

Potential targets for the Union Budget
Hindustan Times Gurugram|January 29, 2025
Spending the allocated FY25 capex in the near term, preserving the quality of the fisc, and going ahead with next-generation reforms, along with sticking to the consolidation roadmap, will be the cornerstones of Budget FY26
- Samiran Chakraborty

The macro backdrop to the upcoming budget is somewhat different from the last two years when the importance of fiscal consolidation was not a matter of much debate. This year, there are multiple budget priorities that might sometimes be conflicting. Arresting a cyclical slowdown early and preserving macro-stability through a credible fiscal consolidation roadmap will likely be the twin pillars of the FY26 budget math. Rising global uncertainties could pose some challenges in meeting these twin objectives. On top of it, near-term asset market volatility probably warrants a conservative approach to budget making. However, beyond the math, the budget can outline the reform initiatives in different areas that will be pushed forward over the next few years, supporting the structural growth outlook.

This story is from the January 29, 2025 edition of Hindustan Times Gurugram.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Potential targets for the Union Budget
Gold Icon

This story is from the January 29, 2025 edition of Hindustan Times Gurugram.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM HINDUSTAN TIMES GURUGRAMView All
Hindustan Times Gurugram

WORLD'S FIRST OPENLY GAY IMAM SHOT DEAD IN SOUTH AFRICA

INCIDENT IN VILLACH CITY | 1 PERSON KILLED, 5 OTHERS WOUNDED

time-read
2 mins  |
February 17, 2025
Hindustan Times Gurugram

Vets seek colleague's return from Qatar as Amir arrives

Two of the seven naval veterans, sentenced to death in Qatar on undeclared charges but freed from 17-month captivity on February 11, 2024 after painstaking negotiations between the two countries, on Sunday appealed to Prime Minister Narendra Modi and Qatar's Amir Sheikh Tamim Bin Hamad Al-Thani to help their colleague who is still stuck in the Middle Eastern country to return to India.

time-read
1 min  |
February 17, 2025
Hindustan Times Gurugram

Centre Lowers Road Target, Need for Speed New Priority

Highway construction target at 10,000km for FY26 against 12,000km in FY25

time-read
2 mins  |
February 17, 2025
Hindustan Times Gurugram

Govt, AASU Reach Agreement on 38 of 52 Recommendations: Himanta

Further Talks Between AASU and Govt Will Take Place in March and April on Implementing the Remaining 14 Suggestions from the Panel

time-read
1 min  |
February 17, 2025
Hindustan Times Gurugram

Aviva's India Arm Hit With $7.5 Mn Fine For Fake Invoice Scheme

Indian authorities have ordered British insurer Aviva's local unit to pay $7.5 million in back taxes and penalties after an investigation found it created fake invoices to pay illegal commissions and claimed incorrect tax credits, an order shows.

time-read
1 min  |
February 17, 2025
Hindustan Times Gurugram

Gasping for breath, no official seen

Umesh Giri, 45, was at Lok Nayak hospital, nursing a fracture on his left foot, but paid his injury no heed - he had just received news that his wife Silam Devi was one of the 18 people killed in the stampede at New Delhi Railway Station on Saturday.

time-read
4 mins  |
February 17, 2025
Hindustan Times Gurugram

India Better Placed Than Asian Peers For Japan FDI: Top Deloitte Exec

India has emerged as a major investment hub for Japanese businesses exploring a \"China-plus\" supply chain strategy, Kenichi Kimura, chief executive officer of Deloitte Japan, said in an interview highlighting the steep increase in Japanese FDI into India in recent years.

time-read
1 min  |
February 17, 2025
Hindustan Times Gurugram

The Sajjan Kumar story and the politics of hate

Humans tend to forget history's harsh lessons quickly. Today, those fanning communal tensions conveniently overlook the fact that such attempts in the past ended in devastation.

time-read
3 mins  |
February 17, 2025
Hindustan Times Gurugram

EAM meets Bangladesh counterpart, discusses ties

External affairs minister S Jaishankar met his Bangladeshi counterpart Touhid Hossain on the margins of a conference in Oman on Sunday and discussed bilateral relations against the backdrop of a sharp downturn in relations between the two sides.

time-read
2 mins  |
February 17, 2025
Hindustan Times Gurugram

Bhagwat Emphasises Unity of Hindu Society

The Rashtriya Swayamsevak Sangh (RSS) wants to unite the Hindu society because it is the \"responsible\" society in India, RSS chief Mohan Bhagwat said on Sunday, wrapping up his 10-day visit to West Bengal where assembly elections are due next year.

time-read
2 mins  |
February 17, 2025

We use cookies to provide and improve our services. By using our site, you consent to cookies. Learn more