Budget2015

With govt getting a say, RBI’s inflation fighting will never be the same

The new set-up will help the RBI escape from the mud-slinging from the finance ministry every time there is rate hike, but will also reduce its powers

Banks Board Bureau to be set up in four months: Finmin

Last week, Finance Minister Arun Jaitley in his Budget speech had announced setting up the autonomous Banks Board Bureau for helping lenders raise capital for meeting expansion needs.

Eating out at a 5-star hotel? You may soon be forced to pay by card only

With the Finance Minister Arun Jaitley attempting to discourage cash transactions, you may soon have to pay by card if you have incurred bill of over Rs 5,000 while eating out at a four or five star hotel.

Yoga becomes tax-free: Is this Budget item a sweetheart deal for Baba Ramdev?

The moot question is what does the exemption to yoga portend and take within its sweep? Standalone yoga activities would definitely enjoy this exemption without any doubt. But would profit from sale of ayurvedic products often forming an adjunct of yoga activities as is the case with Ramdev’s Pathanjali Yoga organization also make the grade for exemption?

No upgrade for now: Budget 2015 unlikely to impact India's credit rating, say agencies

The views correspond with those of analysts who lauded the budget for seeking to spark an investment-led boom but lamented the lack of structural reform, with the government leaving major welfare schemes untouched and cutting fuel subsidies only because of a drop in international oil prices.

Budget 2015: Why Jaitley rolled out goodies for FIIs? This graphic offers clues

If the government has to succeed in meeting at least 60 percent of the target, it has to keep the FIIs in good stead

Stimulus and reforms don't go together: Jaitley should have kept his fiscal deficit promise

Stimulus and reforms don't go together. Let's see if Jaitley and the Modi government are able to prove that wrong. Only time will tell. But with 282 members in the Lok Sabha, Jaitley should have kept his promise to bring down the fiscal deficit on 28/2.

Elephanta Caves could get helipad, power thanks to Jaitley's largesse in Budget 2015

The Elephanta Caves near the city is set to get a much needed facelift thanks to the Union Budget.

Budget 2015 effect: Sensex jumps 209 points, Nifty up 63 points at open

The 30-share index rose further by 209 points, or 0.71 per cent, to 29,570.50.

Budget 2015: The 4 measures announced by Jaitley that will be long remembered

The FM has taken heed of the global slowdown and the inherent opportunity and risk that lie there