Finance Minister Nirmala Sitharaman’s budget speech introduced significant changes in income tax slabs to boost consumption demand. The strategy aims to foster economic growth without compromising fiscal discipline. The focus is on job-intensive growth through MSMEs, although concerns about primary education and disinvestment remain.
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.