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Budget 2014: Jaitley to improve fiscal health by taxing aerated drinks, unhealthy cigarettes

Jul 11, 2014

Budget 2014: Jaitley to improve fiscal health by taxing aerated drinks, unhealthy cigarettes

Emulating the US system of taxing aerated drinks, the Finance Minister also chose to target aerated drinks but only those that contain sugar, sparing fruit juices and other aerated drinks like soda.
#Narendra Modi #Arun Jaitley #Tax #tobacco products #Common man #Union Budget #Cigarettes #excise duty #gutkha #Dr harsh Vardhan #Budget 2014 #aerated drinks #Medical Costs
The unfinished Railway agenda: Why fare, freight hikes cannot be the norm

Jun 21, 2014

The unfinished Railway agenda: Why fare, freight hikes cannot be the norm

The railway fare and freight hike was warranted, but future increases must be few and far between, with cost increases being met through higher productivity. #Narendra Modi #Privatisation #Sadananda Gowda #productivity #Railway fares #Freight Hike #Railway Budget 2014-15
Fare hike will push inflation up, is precursor to prudent Railways Budget: Experts

Jun 20, 2014

Fare hike will push inflation up, is precursor to prudent Railways Budget: Experts

The cash-strapped railways increased across-the-board passenger fares by 14.2 percent and freight by 6.5 percent to garner Rs 8,000 crore a year. The new rates would come to effect from June 25.
#Narendra Modi #Privatisation #Sadananda Gowda #productivity #Railway fares #Freight Hike #Railway Budget 2014-15

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Budget 2012 primer: What does govt spend money on?

Mar 06, 2012

Budget 2012 primer: What does govt spend money on?

Spending on rural employment takes away much needed resources for building infrastructure. Similarly, any loan waiver program will eat into capital spending on infrastructure. #oil prices #Gross Domestic Product #Union budget of India #Deficit #Government debt #Budget 2012 #BudgetAnalysis

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Budget 2012 primer: What does govt spend money on?

Jul 24, 2014

LG notches record smartphone shipments on G3 strength

The G3 has boosted LG’s smartphone shipments to record levels and helped reverse three quarters of losses at its phone division, the electronics giant said Thursday. LG Electronics said its LG Mobile Communications Co. shipped a record 14.5 million s...
Budget 2012 primer: What does govt spend money on?

Jul 23, 2014

Wednesday Sector Laggards: Technology & Communications, Consumer Products

Looking at the sectors faring worst as of midday Wednesday, shares of Technology & Communications companies are underperforming other sectors, showing a 0.8% loss. Within the sector, Xilinx (NASD: XLNX) and Juniper Networks (NYSE: JNPR) are two large... #NYSE #Juniper Networks, Inc. #Xilinx, Inc.
Budget 2012 primer: What does govt spend money on?

Jul 23, 2014

California loses nearly $2 billion in 'runaway projects,' report says

California lost nearly $2 billion in production spending over the last four years, as film and TV projects took their business out of state, according to a new report... #NYSE #Juniper Networks, Inc. #Xilinx, Inc.