The newly carved out Fisheries Ministry is working on an overarching policy that would cover all aspects of the fishery sector, the sources said.
India has an ambitious highways building programme and under Bharatmala, the Road Transport and Highways Ministry
The report noted that fiscal deficit in the first eight months of FY20, stood at 15 percent above target, driven by weak revenues
Through the ''#ArthShastri'' campaign, the ministry would explain several economic terms through interesting animated videos to help common man and students understand budget exercise in a simple way, an official said.
Currently, inbound international passengers are allowed to buy two litres of alcohol and a carton of cigarettes from these shops
At present, the basic customs duty on ferro-nickel and stainless steel scrap is 2.5 percent.
The government last year reduced corporate tax rates to 22 percent, plus surcharge and cess
The road network itself is undergoing significant changes with some of the economic corridors under Bharatmala competing with few existing stretches,
The government is expected to provide tax incentives to startups in the forthcoming Budget to support the growth of budding entrepreneurs
In the past RBI has paid a total Rs 38,000 crore as an interim dividend (Rs 28,000 crore in FY19 and Rs 10,000 crore in FY18)
Gold loans provided by NBFCs should get equal and fair treatment at par with the banks
In the last few years, the Indian government has launched a slew of schemes to boost local manufacturing of electronic goods
The Finance Minister should consider enhanced deduction tenure for taxation purposes, which will boost home buying, said real estate developers
After the ceremony, the employees who are involved in the Budget-making process are escorted to the basement of North Block for a 10-day quarantine and they only come out once the finance minister presents the Budget in Parliament.
The one-size-fits-all standard deduction of Rs 40,000 from salary needs to be upped to a third of the salary or Rs 1 lakh whichever is less
A Fiscal Operation Twist may be a formula to get there with enhanced spending in some areas and a clear will to tighten the belt elsewhere.
The Economist list came just hours after the International Monetary Fund (IMF) cut India’s 2019 GDP growth sharply and cautioned on the rising social unrest
The Sensex was trading 233.92 points or 0.57 percent higher at 41,349.30.
The RBI said it had not banned cryptocurrencies such as Bitcoin in India, but only ringfenced regulated entities like banks from risks involved in the trading of virtual instruments.
MSM Malaysia Holdings Berhad will buy 130,000 tonnes of raw sugar from India worth 200 million ringgit ($49.20 million) in the first quarter
While the RBI was the most aggressively dovish major central bank in Asia, slashing rates by a cumulative 135 basis points last year, it paused unexpectedly in December on inflation concerns
For starters, the realty arm of Piramal plans to invest Rs 1,500 crore for developing a residential project in Thane, targeting homebuyers with specific budgets by offering smaller configurations
"The last 24 months has seen countries being more concerned about their own needs with every man for himself," Mittal said at WEF 2020
L&T's Whole Time Director and CFO R Shankar Raman said that the government also needs to create an environment for multilaterals, with huge development budgets, to invest in India
DoT estimates that telecom companies are required to jointly pay around Rs 1.47 lakh crore by 23 January
Focused efforts towards increasing rural employment, skill development of rural youth, MSME growth, job creation, farmer productivity improvement and infrastructure development to be key areas of focus of Budget 2020 for the coming year
Infrastructure has been a focus in the last six years; total of Rs. 51 lakh crore (5%-6% of GDP) has been spent on infra in the last six years, we are now committing 100 lakh crore rupees for the next five years
India, the world’s third-biggest oil consumer and importer, which ships in over 80 percent of its needs, usually relies on the Middle East for the majority of its supply
Sensex jumped over 200 points on Wednesday tracking gains in index heavyweights HDFC twins, Infosys and Reliance Industries as global stocks recovered from the previous day's losses
Allcargo had acquired 27 lakh shares in Gati in the previous week through open market purchases.