Before Market Opens: 9 essential things to know at 9 am on February 2, 2024

₹11.1 lakh crore, indicating a focus on robust capital expenditure. The complete budget is slated for July post the formation of the new government after the Lok Sabha Elections.” title =”The sixth budget presented by the current Finance Minister in the Modi-led government’s second term highlighted fiscal consolidation, infrastructure, agriculture, green growth, and railways. However, no changes were made in tax rates, disappointing salaried individuals. The Fiscal Deficit target for FY25 exceeded expectations at 5.1 percent of the GDP, with the FY24 target revised down to 5.8 percent. The FY25 capex target was raised by 11.1 percent to ₹11.1 lakh crore, indicating a focus on robust capital expenditure. The complete budget is slated for July post the formation of the new government after the Lok Sabha Elections.”>