FM Nirmala Sitharaman to Present Union Budget on July 23

09 Jul 2024 CW Team

Finance Minister Nirmala Sitharaman is set to present the Union Budget for the year 2024 on July 23. This annual financial statement is anticipated to outline the government's fiscal policies, expenditure plans, and economic strategies aimed at steering India's economic growth amidst global and domestic challenges.

The upcoming budget holds significant importance as it comes at a crucial juncture when the country is navigating through post-pandemic recovery and striving to sustain economic momentum. It is expected to focus on boosting infrastructure development, enhancing healthcare facilities, stimulating industrial growth, and promoting digital transformation.

Key sectors such as agriculture, manufacturing, healthcare, education, and infrastructure are likely to receive special attention in the budget proposals. The government is expected to announce measures to address unemployment, support MSMEs (Micro, Small, and Medium Enterprises), and encourage investments to revive economic activities.

Amidst rising inflationary pressures and global economic uncertainties, stakeholders are keenly awaiting the budget's fiscal policy stance and allocation priorities. The budget session presents an opportunity for the government to reaffirm its commitment to inclusive growth and sustainable development while balancing fiscal prudence.

Finance Minister Nirmala Sitharaman's budget presentation will be closely watched by industry leaders, economists, and the general public alike for its potential impact on various sectors and overall economic trajectory. It is poised to set the tone for India's economic agenda in the coming fiscal year, aiming to propel growth and resilience amid evolving global dynamics.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..