Partners

CHIEF GUEST

Nirmala Sitharaman Minister of Finance and Corporate Affairs

ABOUT THE EVENT

Join us for the OPEN House with Honorable Minister of Finance & Corporate Affairs, Nirmala Sitharaman as she breaks down the 2024 Union Budget. As India's Finance Minister with the most consecutive Union Budgets tabled, she will discuss its significance and impact on the nation in a fireside chat with Dr. Sanjiv Goenka, Chairman of RP Sanjiv Goenka Group. The conversation will focus on:

⁠ Employment and skilling
⁠ Empowering women, the middle class, and MSMEs
⁠Future infrastructure development
⁠Industry and economic concerns

Discover how this budget builds the foundation for India's vision for 2047 and explores its wide-ranging implications. Don't miss this enlightening discussion on the path forward for our nation

SPEAKERS

Dr. Surjit Bhalla Former India Executive Director at International Monetary Fund (IMF)

Nilesh Shah MD Kotak AMC

Vishak Raman Vice President of Sales, India, SAARC, SEA, and ANZ Fortinet

Vikram Chandra Founder Editorji (Moderator)

AGENDA

9:30 AM

Budget Decoded: Panel Discussion with Mr. Vikram Chandra

10:00 AM

Dr. Sanjiv Goenka, Chairman, RPSG Group in conversation with Smt Nirmala Sitharaman, Hon'ble Minister of Finance & Corporate Affairs

Videos

Budget 2024

Nirmala Sitharaman at OpenHouse2024

Budget 2024

Minister of Finance of India at OpenHouse2024

Budget 2024

Nirmala Sitharaman at OpenHouse2024

Budget 2024

Budget Decoding at OpenHouse2024

Budget 2024

Decoding The Budget at OpenHouse2024

Budget 2024

Decoding The Budget at OpenHouse2024

Top Stories

Budget 2024

The Art of Juggling Demands Finance Minister @nsitharaman has addressed the employment situation with incentives and met the expectations of states without creating a future hazard while pushing reforms to keep growth ticking.

By Siddharth Singh , Jul 23, 2024

Budget 2024

A Five-Year Political Roadmap Jobs, middle class, youth are central to Modi 3.0’s plans for farm and manufacturing sectors.

By Rajeev Deshpande , Jul 23, 2024

Budget 2024

Govt Sticks to #Infra Push, Sees Multiplier Effect Proposes to spend 3.4 per cent of GDP as capex to support the sector.

By Ullekh NP , Jul 23, 2024

Budget 2024

A Special Treat for Allies The 'Purvodaya' scheme will help develop #Andhra's new capital while #Bihar gets help in flood control besides initiatives for industrial hubs and cultural tourism.

By Rajeev Deshpande, Jul 23, 2024

Budget 2024

A Respite for the Middle Class Incentives for women and youth offer hope.

By Ullekh NP, Jul 23, 2024

Budget 2024

Promise of Urban Renewal for Congested Cities Cities to be developed as growth hubs with policies and incentives for states, transit plans for urban centres with 30 lakh plus populations.

By Rajeev Deshpande , Jul 23, 2024

Budget 2024

The Welfare Dose Jobs and the agriculture sectors get a big push in Budget.

By Amita Shah , Jul 23, 2024

Budget 2024

A Shot in the Arm for #MSMEs Finance Minister @nsitharaman has stressed on job creation in formal and informal sectors.

By Ullekh NP , Jul 23, 2024

Budget 2024

Addressing the Reality of Indian Agriculture Finance Minister @nsitharaman has renewed the emphasis on helping small farmers.

By Siddharth Singh , Jul 23, 2024

Sectors in Focus

Budget 2024

Health sector must get 5% of GDP: Aster DM's Moopen This boost is seen as essential for bridging existing gaps and enhancing the quality of healthcare delivery across India.

By Shabeeh Azeem, Jul 18, 2024

Budget 2024

Gold, gems and jewellery sector seeks incentives to be a global hub The gold and jewellery industry expects continuation of pro-growth and pro-gold policy reforms.

By Shabeeh Azeem, Jul 18, 2024

Budget 2024

Space sector calls for PLI, tax exemptions, startup fund Indian Space Association (ISpA) wants the government to draw inspiration from the PLI scheme for drones and introduce a similar scheme for space-grade components.

By Joe Mathew, Jul 19, 2024

Budget 2024

Prioritise tourism infra to stimulate local economies: EaseMyTrip’s Pitti “These initiatives are expected to stimulate local economies and attract both domestic and international tourists,” says Nishant Pitti, CEO and co-founder, EaseMyTrip.

By Shabeeh Azeem, Jul 19, 2024

Budget 2024

Tackle NBFC challenges for MSME support: UGRO Capital MD The MSME sector is a cornerstone of India's economic growth, marked by increased contributions and high optimism for progress,” says Shachindra Nath.

By Vidhi Taparia, Jul 19, 2024

Budget 2024

Renewable sector seeks incentives, tax waivers in Budget 2024 With more intermittent renewable energy coming to the grid, the budget should support storage solutions to address green power unavailability during peak times.

By P B Jayakumar, Jul 19, 2024

Budget 2024

Farmer groups demand separate agri-Budget Samyukt Kisan Morcha (SKM) has demanded a separate Union Budget for agriculture with an adequate share of GDP.

By P B Jayakumar, Jul 19, 2024

Budget 2024

Real estate pins hope on tax concessions, sops The real estate industry hopes for its long-standing demands such as industry status, greater tax exemptions on loans to be met.

By Rukmini Rao, Jul 19, 2024

Budget 2024

Logistics sector seeks infra, economic corridor, digital fillip The sector has also called for investment in technology and digitisation for smooth functioning of the sector.

By Ashutosh Kumar, Jul 21, 2024

Budget 2024

Pharma sector seeks quick approval process and tax benefits Digitising regulatory submissions is expected to accelerate drug approvals, while new tax benefit policies are anticipated to boost R&D

By Shabeeh Azeem, Jul 22, 2024

Budget 2024

Pharma, health, med-tech sectors seek tax tweaks Indian Pharmaceutical Alliance, an association of 23 leading pharma companies, seeks direct and indirect tax benefits from Budget to encourage research and investment in pharma sector

By Joe Mathew, Jul 22, 2024

Budget 2024

Support EV sector via PLIs, investments: Shardul Amarchand Partner at Shardul Amarchand Mangaldas and Co Deepto Roy said emphasis on infrastructure must continue in the budget with focus on renewable, green hydrogen, discoms and electric vehicles. “I would expect that fiscal and policy steps aligned to the twin goals of infrastructure and energy transition are taken, key to which is renewable energy generation,” Roy told Fortune India.

By Ashutosh Kumar, Jul 20, 2024

Budget and Markets

Budget 2024

Interpreting tax clauses crucial for success of MFN How differences lead to disputes lasting years.

By Rajesh Gandhi, Jul 18, 2024

Budget 2024

How to ensure a ‘Viksit Bharat’ @2047 To achieve the desired outcome, Budget should stress on review of existing initiatives than announce new ones

By Prasanna Mohanty, Jul 20, 2024

Budget 2024

A case for auto LPG as cleaner fuel The 2024-25 Budget provides an opportunity for the government to steer our nation toward a cleaner, more sustainable energy future

By Suyash Gupta, Jul 20, 2024

Budget 2024

End non-merit freebies for ultra-rich ministers, MPs 99% Union Ministers and 93% MPs are “crorepatis”; do they deserve ‘revdi’?

By Prasanna Mohanty, Jul 21, 2024

Budget 2024

Why government expenditure matters but so does regulation Budgetary announcements are a good time to take stock of the health of neatly divided “sectors” of the economy and what their expectations are.

By Shashank Mishra, Jul 21, 2024

Budget 2024

How to catalyse green capital for global south From simplifying GST rate for RE projects to reducing import duties on solar cells, renewable energy sector expects an enabling environment.

By Dhanpal Jhaveri, Jul 22, 2024

Budget 2024

An important budget of ‘Amrit Kaal’: PM Modi PM Modi urges political parties to rise above party politics for the next four and a half years.

By fortuneindia.com, Jul 22, 2024

Budget 2024

Classify Gurgaon, Bengaluru as metros for higher HRA exemption Under the old tax regime, a portion of HRA is exempt from tax, with the amount varying based on whether the individual resides in a metro or non-metro area.

By Vidhi Taparia, Jul 22, 2024

Budget 2024

Inflation outlook 'benign', core inflation at 4-yr low: Economic Survey 2024 The RBI and the IMF have projected that India's consumer price inflation will "progressively align towards the inflation target" in FY26

By Manoj Sharma, Jul 22, 2024

Budget 2024

Fiscal deficit to drop to 4.5% of GDP or 'lower' by FY26: Economic Survey 2024 The Survey says against the global trend of widening fiscal deficit and increasing debt burden, India has remained "on the course" of fiscal consolidation

By Manoj Sharma, Jul 22, 2024

Columns/Industry Quotes

Budget 2024

Provide outlays for inclusive growth: YES BANK MD Govt is expected to remain committed to reforms in sustainable growth, finance, infrastructure, women, youth, farmers, connectivity for 'Viksit Bharat'

By Shabeeh Azeem, Jul 19, 2024

Budget 2024

Gold loan NBFCs need 'Priority Sector' status: Muthoot Finance MD Granting priority sector status to gold loan NBFCs will drive financial inclusion for small borrowers.

By Shabeeh Azeem, Jul 19, 2024

Budget 2024

Digital infra push to drive innovation: IKEA India CEO We aim to deepen the Make in India initiative to help us cater to both domestic and export markets,” says IKEA India’s Chief Sustainability Officer Sussanne Pulverer.

By Vidhi Taparia, Jul 19, 2024

Budget 2024

15% corporate tax for mfg needs extension: Shardul Amarchand Tax partner at Shardul Amarchand Mangaldas & Co, Gouri Puri says the upcoming budget needs to address several tax policy issues

By Ashutosh Kumar, Jul 20, 2024