Budget 2018: Reduction in corporate tax, long term gains tax will make investments in SME stocks lucrative
Business

Budget 2018: Reduction in corporate tax, long term gains tax will make investments in SME stocks lucrative

The value of these companies or SMEs will increase as the future earnings projections will go up because of the reduced tax

Budget 2018: Narendra Modi's ambitious health insurance plan will require Rs 11,000 cr in funding each year
Business

Budget 2018: Narendra Modi's ambitious health insurance plan will require Rs 11,000 cr in funding each year

The government has estimated the premium for insuring each family would be about Rs 1,100 ($17.15), said the government official

Budget 2018: Sensex slumps over 500 points, Nifty trades lower at 10,827 as long term capital gains tax returns
Business

Budget 2018: Sensex slumps over 500 points, Nifty trades lower at 10,827 as long term capital gains tax returns

According to market observers, heavy selling pressure in consumer durables, banking, capital goods, auto and metals stocks added to downward trajectory of indices.

Budget 2018: A growth oriented, job creating budget targeting a GDP rate of 8% per annum
Business

Budget 2018: A growth oriented, job creating budget targeting a GDP rate of 8% per annum

Big push to infrastructure, beginning of universal healthcare, housing for all, revolutionising education and support for ancillary sectors augers well for economy

Budget 2018: Arun Jaitley reveals govt mops up Rs 1 lakh cr via divestment this year; aims Rs 80,000 cr in FY19
Business

Budget 2018: Arun Jaitley reveals govt mops up Rs 1 lakh cr via divestment this year; aims Rs 80,000 cr in FY19

The government reduced stake in several PSUs this fiscal, including EIL, NTPC, NALCO and OIL.

Budget 2018: FM Arun Jaitley reduces corporate tax rate to 25% for Rs 250 cr turnover
Business

Budget 2018: FM Arun Jaitley reduces corporate tax rate to 25% for Rs 250 cr turnover

Lowering of corporate tax is in tune with Arun Jaitley's promise in 2015-16 Budget.

Budget 2018: From standard deduction to health and education cess, how Arun Jaitley changed your money life
Business

Budget 2018: From standard deduction to health and education cess, how Arun Jaitley changed your money life

This standard deduction given in budget was in lieu of exemption in respect of transport allowance and reimbursement of miscellaneous medical expenses

Budget 2018: Govt breaches fiscal deficit target of 3.2% for FY18, pegs it higher at 3.5%: Arun Jaitley
Business

Budget 2018: Govt breaches fiscal deficit target of 3.2% for FY18, pegs it higher at 3.5%: Arun Jaitley

The fiscal deficit target has been fixed at 3.3 percent for 2018-19 as against Fiscal Responsibility and Budget Management Act target of 3 percent

Budget 2018: GDP may grow 7.2-7.5% in second half of FY18; India on way to becoming 5th largest economy, says Arun Jaitley
Business

Budget 2018: GDP may grow 7.2-7.5% in second half of FY18; India on way to becoming 5th largest economy, says Arun Jaitley

As per the CSO estimate Indian economy is expected to grow at 6.5 percent in the current fiscal, ending 31 March

Markets open in green hours before Budget presentation; Sensex up 157 points at 36,122, Nifty at 11,074 mark
Business

Markets open in green hours before Budget presentation; Sensex up 157 points at 36,122, Nifty at 11,074 mark

Sensex opened at 36,048.99 points, was trading at 36,122.23 points (at 9:16 am), higher 157.21 points or 0.44 percent from previous day's close at 35,965.02 points.

Arun Jaitley has tough task to choose between populism and fiscal prudence in Union Budget 2018
Business

Arun Jaitley has tough task to choose between populism and fiscal prudence in Union Budget 2018

In Union Budget, small businesses may get some sops to ease pain caused to them due to chaotic rollout of GST and demonetisation

Markets end in red day before Union Budget presentation; Sensex below 36,000-mark, Nifty above 11,000 level
Business

Markets end in red day before Union Budget presentation; Sensex below 36,000-mark, Nifty above 11,000 level

The 30-share Sensex remained in negative zone for major part of session and lost 68.71 points, or 0.19 percent to finish at 35,965.02.

Budget jargon explained
Business

Budget jargon explained

Watch this video to understand some of the Budget jargons

Politics of the Budget
Business

Politics of the Budget

Watch this video to understand the politics behind budget

Where does India's revenue come from?
Business

Where does India's revenue come from?

Watch this video to know where does India gets it's revenue from

Union Budget 2018: Narendra Modi govt must tame fiscal deficit to retain investors' faith in Asia's 3rd largest economy
Business

Union Budget 2018: Narendra Modi govt must tame fiscal deficit to retain investors' faith in Asia's 3rd largest economy

Since Narendra Modi took power in May 2014, benchmark 10-year bond yields have fallen 135 bps and NSE share index has surged 55 percent

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

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
Business

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
Business

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
Business

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