Economy 2018
Economy 2018 News
Maharashtra Budget 2018: State’s debt increases, but so has income potential
Share of agriculture in Maharashtra state’s GSDP saw an increase from around 7 percent in 2013 to around 12 percent last year.
RBI may cut key lending rate by 25 bps in August policy review as inflation in January peaks off: BofAML
BofAML expect RBI MPC to look through the jump in inflation to 5.4 percent in April-June, as it is driven by base effects
Budget 2018: Taxes will go up due to increase in health and education cess
The Budget expectations on indirect tax front were already low-spirited, given the little room to tweak indirect taxes.
Budget 2018 has given a shot in the arm for Narendra Modi's Make in India program
The indirect tax proposals made during the 2018 Budget are largely focused on incentivising ‘Make in India’ by making imports comparatively disadvantageous
Arun Jaitley does a UPA vs NDA: FM says LTCG tax required in present situation, markets crashed on global cues
Arun Jaitley said the downslide in the bourses was not caused by the reintroduction of LTCG and attributed negative global cues
RBI guv Urjit Patel's take on LTCG tax: 'Multiple taxes on capital impact investments and savings'
Urjit Patel said there is sizable scope for the investment to GDP ratio to improve and pointed out to increasing capacity utilisation levels
Indian Railways data shows poll-bound BJP ruled states saw highest rise in rail budget allocation
Figures from Indian Railways highlight how most states have gained after the NDA came to power in 2014
Budgets are good case studies to explain how political business cycle operates with public support
Incentive to corporate sector, selling of public utilities and privatisation in Union Budget 2018 is justified for public needs i.e. capital for development.
Hasmukh Adhia alleys investors' fears, says LTCG tax not causing sell-off at markets; blames global slump
Hasmukh Adhia, who is also Revenue Secretary, said income of government from Securities Transaction Tax (STT) is a paltry Rs 9,000 cr
Budget 2018: Govt revising fiscal deficit target to 3.5% won't impact overall economic growth, says Moody's
Moody's says medium-term target to reduce central govt debt-to-GDP ratio to 40 percent is supportive of sovereign credit profile
Budget 2018: LTCG from equities can't run for cover not even take shelter under NHAI bonds
Arun Jaitley feels need for humoring stock market by taxing STCG and LTCG there from at concessional rates of 15 percent and 10 percent respectively.
Budget 2018: Why mutual fund investments continue to remain attractive saving option despite return of LTCG tax
Report says despite re-introduction of LTCG tax, investments made in equity related mutual funds still remained profitable.
Budget 2018: DEA secretary says govt will try to convince Fitch, S&P, other rating agencies on fiscal path
Moody's on Thursday said fiscal deficit projection of 3.3 percent for FY19 is in line with its forecast and the target will be achieved.
Budget 2018: Creating newer education vistas through technology in rural areas big message from Arun Jaitley
For years, Indian rural landscape has been bogged by issues like poverty, lack of learning infrastructure, lack of gender parity etc
Budget 2018: Arun Jaitley's fifth full budget is not just farmer-friendly but is for Digital India too
Arun Jaitley has doubled allocation on Digital India programme to Rs 3,073 crore in 2018-19 in his Budget speech
Budget 2018: Sensex crashes 800 points, Nifty below 10,800; Fitch says high debt burden constrains rating upgrade
The flagship Sensex nosedived by 766.09 points to quote at 35,080 points in pre-close session with all the sectoral indices trading in the negative zone
Budget 2018: Govt to roll out health cover scheme from next fiscal, says FM Arun Jaitley
Finance Minister Arun Jaitley on Friday said the world's biggest health cover plan announced in the Budget will be cashless and not a reimbursement scheme, and promised more funds if required depending on the rollout later next financial year.
Budget 2018: Fiscal discipline has taken a backseat, says Indian economist of Cornell University
Fiscal discipline has taken a backseat in the latest annual Indian Budget which contains many tinges of populism, noted Indian economist Eswar Prasad said
Union Budget 2018: What Finance Minister Arun Jaitley got right and what he missed in his speech
The Budget has come in as a big disappointment for the common man who had pinned high hopes on it