Budget News - Page 3

Budget dialogues: Recapitalisation of state-run lenders alone will not cure ills of banking sector, say panelists

Panelists say banking sector requires overhauling of current structure of the entire system dominated by state-run lenders

Economic Survey mentions Sunny Deol's famous dialogue from 'Damini' to highlight ease of doing business hurdles

Economic Services next frontier on ease of doing business is addressing pendency, delays and backlogs in the appellate and judicial arenas

Sensex below 36,000 mark, falls 124 points a day before Union Budget; Nifty down 39 points at 11,010

The 30-share index fell by 124.28 points or 0.34 percent at 35,909.45 in opening session as consumer durables, capital goods, IT, healthcare and tech stocks dropped.

Economic Survey 2018: Make in India 2.0 to focus on 10 champion sectors to spur manufacturing, job creation

Make in India programme was launched on 25 September, 2014 with an aim to make India a global hub for manufacturing

Arvind Subramanian speaks about huge market rally, says stock prices need to be backed by economic growth

Over the past two fiscal years, the Indian stock market has soared, outperforming many other major markets.

India has great expectations from govt’s economic reforms but data shows not all of them are being met

The common man doesn’t know much about government's big ticket economic reforms but knows, for sure, their grocery bill is impacting their kitchen needs

Economic Survey 2018 reveals low tax collections at panchayat level are challenge to fiscal federalism

Economic Survey says panchayats received 95 percent of their revenues from devolved funds from centre/state, while generating only 5 percent from own resources

Fiscal deficit may be slightly higher than target of 3.2% of GDP as per earlier projection: Niti Aayog vice-chairman

The government aims to contain the fiscal deficit for 2017-18 to 3.2 percent of the GDP, and 3 percent in 2018-19

RBI may hold repo rate in Feb as growth picks up, inflation on upward move, says Arvind Subramanian

Retail inflation, based on Consumer Price Index (CPI) was 4.88 percent in November and in December 2015 it was 3.41 percent

Rising NPAs cut banks' lending to real estate sector to 17% in 2016 from 68% in 2013: Economic Survey

Economic Survey says PE funds and financial institutions such as pension funds and sovereign wealth funds have replaced banks as largest source of real estate sector

Household savings coming into bank deposits, life insurance funds and shares increased manifold: Economic Survey

Economic Survey says mutual funds witnessed an inflow of over Rs 2.53 lakh crore savings in April-October period of current fiscal

Economic Survey says India needs $ 4.5 trn to build infrastructure by 2040; can garner $3.9 trn funds itself

Economic Survey attributes collapse of Public Private Partnership as reason for massive underinvestment in the infrastructure sector

Jobs, agriculture sector to get big push in Budget 2018, hints Economic Survey; pegs GDP at 6.75% this year: 10 points

Economic Survey says GDP growth has averaged 7.3 percent from 2014-15 to 2017-18, which is highest among major economies of the world

In his first budget address, President Ram Nath Kovind reiterates govt's pledge to double farmers' income by 2020

President Kovind in his budget address says it is result of hard work of farmers that there has been a record production of more than 275 mn tonnes food grains

Economic Survey says demonetisation added more number of taxpayers, caused bigger household savings

As per Economic Survey analysis, new filers reported an average income, in many cases, close to income tax threshold of Rs 2.5 lakh

Economic Survey 2017-18 uncovers 10 new facts about economy, says 1.8 mn direct tax filers added since note ban

Economic Survey says India's firm export structure is substantially more egalitarian than in other large countries

Sensex zooms 320 points to at 36,371 as Economic Survey paints stronger growth projections; budget on 1 February

Sensex went up mostly due to gains made by Maruti Suzuki, TCS, HDFC Ltd, Tata Steel, Bajaj Auto, Kotak Mahindra Bank, Hindustan Unilever, among others

Budget 2018: Arun Jaitley may tweak income tax slabs, do away with multiple deductions: EY report

About 48 percent respondents said they expect finance minister Arun Jaitley to lower corporate tax rate to 25 percent in Budget 2018

Budget 2018: Why Narendra Modi government should focus on policymaking, not policing

The government has already announced that rural India and infrastructure as the focus areas in the upcoming budget.

Budget 2018: Small businesses remain untouchables for conventional banks; can Arun Jaitley offer a solution?

Panelist says there needs to be a targeted approach to address the problems of small firms who don't get much lending from banks

Budget 2018: Remove import duty on raw materials, urges stainless steel industry

The import duty on ferro-nickel is 2.5% and the raw material has to be imported because India hardly has any nickel resources, the association said

Budget 2018: Citizen's body demands rise in HRA, action against builders misusing GST

A not-for-profit organisation has pitched for stern action against those builders who are "enriching themselves" under the "guise of GST" causing loss to homebuyers

Budget 2018: Fiscal slippage not a bigger worry than faltering economy; Jaitley shouldn't repeat UPA's mistake

The additional spending, if directed to kickstart economic engines, can work well to regain the growth momentum, even at the cost of a one-off fiscal slippage

GST collections at 5-month low: Nothing alarming, but enough to upset Arun Jaitley’s budget math

"This budget is going to be extremely difficult for the government since there is a big change happening in the tax regime and there are several inconsistencies"

Union Budget 2018: Pressure on FM Arun Jaitley to fulfil promise of cutting corporate tax rate to 25%

In the upcoming Union Budget 2018, Finance Minister Arun Jaitley will be under pressure to moderate tax rate for the industry which was promised a lower corporate tax of 25 percent by the government three years ago

Budget 2017: Govt realised dream of 'power-surplus' India, says Piyush Goyal

Union Minister of State for Power Piyush Goyal’s confident smile at the 'Budget Verdict' show at the Hyatt Regency in New Delhi on Thursday evening underscored the aphorism that "Nothing succeeds like success"

A budget agenda for common man: Tweak income tax slabs, raise 80C deductions

The government should increase the minimum income threshold limit to Rs 3 lakh for those below 60 years and raise the 80C deductions to Rs 2 lakh

Maharashtra drought crisis: Agriculture sector to decline by 2.7%, claims state's Economic Survey

The severe drought gripping parts of Maharashtra has left its imprint on the Economic Survey, which says agriculture is expected to decline by 2.7%.

Health sector has been given 'top' priority in budget: Nadda

There has been a "sizable" increase of 21 per cent in this year's budget allocation for the health sector, the government on Tuesday said.

Real Estate Bill will be a reality in this Budget session: Venkiah Naidu

Naidu on Monday confidently said that the Real Estate Bill will become a "reality" during the ongoing Budget session of Parliament.