Budget 2015 News
Jaitley has gone back to square one by reverting back to the old rate
Women and Child Development Minister Maneka Gandhi said in Lok Sabha that there has been a 50 percent cut in the budget for Integrated Child Development Services ICDS) and other areas of her Ministry in the 2015-16 budget.
Congress leader and former Union minister Anand Sharma said the credit for devolution of more funds to the states should go to the UPA regime as it had set up the 14th Finance Commission.
While life insurance may not be strictly necessary for those who are not going to leave behind dependants, pension is a must for the non-propertied class
Sharma isn’t just breaking the mould by wearing the producer cap at the peak of her career. She’s among the new heroines of Bollywood who aren’t nervous about talking money and demanding more.
Jaitley was applauded for deferring to the Bombay High Court verdict in another Vodafone case; he would now be pilloried for locking with foreign companies again
The budget was a golden chance for Jaitley to keep the economic revival story intact by refuelling the banks. By choosing not to do this, Jaitley seems to be forgetting that someone needs to really fund the India growth story
The only option is to plug the leakages in the credit disbursal system to ensure that the loans reach the intended beneficiary
Minting gold coin is one Make in India initiative Modi could have avoided
Tech giant Apple has reportedly decided to increase the maximum retail price of the entire iPhone range in India.
India, among many things, gained global attention on the high profile Vodafone tax issue on indirect transfer of capital asset situated in India.
The government today launched a contest for taking suggestions from the public to develop a mobile application for the Prime Minister's Office (PMO). The application, which will be developed in association with Google, is likely to be out in two months.
Jaitley has given the benefits on a platter to the money bags while thumbing his nose at the middle class
Encouraged by softening inflation and the fiscal consolidation roadmap laid down by the government, RBI governor Raghuram Rajan today slashed key policy (repo) rate by 0.25 percent to 7.5 percent, the second such surprise rate cut outside regular policy review in less than two months.
The govenrment is dependent on public sector companies to revive economy but their borrowing is likely to increase debt in the economy
The task of regaining the lost momentum in the economy is with the government, not with the central bank
Arun Jaitley came up with some concrete announcements this time, but still left many unanswered questions. For instance, there was no clarity on the Budget 2014’s key announcements such as Rs 10,000 crore startup fund and smart cities.
The Nifty was also a life time high as markets cheered the RBI's decision to cut monetary rates, a decision that it sees as a boost for industrial growth.
The government’s much touted Make in India programme, the National Skills Mission would all get a shot in the arm with the government declaring its intent for the startup sector in the budget.
A growth revival is possible only if the Narendra Modi government walks the talk. The solution is not another RBI rate cut