Tue Feb 04 02:06:21 UTC 2025: ## Budget 2024 and its Impact: Will Increased Spending Power Boost Consumption?
**Mumbai, India** – The upcoming Budget 2024 is generating considerable anticipation, particularly regarding its potential impact on consumer spending. The Economic Times reports that the equity market is already offering clues about the potential for increased consumption following the budget. Questions remain about whether increased disposable income will revitalize urban consumer spending and the implications of new tariffs on the World Trade Organization (WTO). In other news, several electric vehicle manufacturers, including Ather, Ola, TVS, and Hero, are issuing public notices regarding charger refunds. Furthermore, the Asian Development Bank (ADB) is funding a new fintech school, GIFT IFI, designed to bridge the gap between banking and coding expertise. Finally, Finance Minister Nirmala Sitharaman is reportedly working to shift the focus of the growth narrative. For more detailed analysis and the latest updates, subscribe to The Economic Times Prime and access the ET ePaper.
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