Budget gives salary hikes to President, VP, governors

Thu, Feb 01, 2018

Announcing the hike in their salaries in his Budget speech, Finance Minister Arun Jaitley said the emoluments of the President, the Vice President and the Governors were last revised with effect from January 1, 2006.

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Jaitley makes an effort to please all through his budget

Thu, Feb 01, 2018

Finance Minister Arun Jaitley today presented the Budget for 2018-19 with several important announcements. Jaitley spoke of massive spending on rural infrastructure, to win over voters in the countryside where two-thirds of India`s people.

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Budget 2018: Jaitley raises fiscal deficit target to 3.5% for FY18

Thu, Feb 01, 2018

India's fiscal deficit stands at Rs 6,12,105 crore in just eight months of FY19, overshooting the budgeted estimate (BE) target by 112% for the current financial year.

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Govt to provide Rs 5 lakh medical cover per year via flagship scheme

Thu, Feb 01, 2018

In a major move, the finance ministry has launched a  flagship National Health Protection Scheme - providing medical cover to nearly 10 crore poor and vulnerable families. 

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This stock surged 14% after a favourable announcement in Budget 2018

Thu, Feb 01, 2018

This company is the leading manufacturer of prawn and fish Feeds and shrimp processor and exporter from India.

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Jaitley: Govt to spend Rs 14.34 lakh crore for Rural India in FY19

Thu, Feb 01, 2018

 "Our emphasis is on generating higher income for farmers, They are also focusing on generating productive employment on farms and non-farm workers," said Jaitley.

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Agriculture stocks spike up to 6% on big push to rural India in Budget 2018

Thu, Feb 01, 2018

Agriculture-related stocks rallied up to 6 per cent on Thursday soon after the Finance Minister Arun Jaitley announced favourable measures such as hiking minimum support price (MSP), allocating more funds to rural-focused schemes to boost agriculture sector. 

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Key Highlights of Union Budget 2018

Thu, Feb 01, 2018

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Budget 2018: Focus on these key areas as you listen to Arun Jaitley’s speech

Thu, Feb 01, 2018

Keeping an eye on these five points will just be enough for you to make out if this year’s Budget has been good or bad for you.

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Relief to market ahead of Budget 2018 as US Fed leaves rates unchanged

Thu, Feb 01, 2018

Experts believe Budget 2018 would be more of a populist budget and markets have partly factored in the possibility of a fiscal slippage

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What top industry, market honchos expect from Budget 2018

Thu, Feb 01, 2018

The Sensex and Nifty edged lower for a second straight session on Wednesday as caution crept into the markets ahead of the Union Budget 2018 today.   The S&P BSE Sensex closed at 35,965, down 68 points, while the broader Nifty50 ended at 11,027, down 21.95 points.   

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Union Budget 2018-19 recap: Get all updates here

Wed, Jan 31, 2018

In his last full year budget before 2019 general elections, Finance Minister Arun Jaitley announced massive spending on rural infrastructure besides unveiling a health insurance programme.

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There is no one reason to watch Modi’s Budget, there are a billion

Tue, Jan 30, 2018

The biggest challenge facing Arun Jaitley and Co. is to pole-vault the economy across the 7% GDP growth mark.

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India needs $ 4.5 trillion by 2040 to develop Infra: Economic Survey

Mon, Jan 29, 2018

India will need about USD 4.5 trillion in the next 25 years for infrastructure development, of which it will be able to garner about USD 3.9 trillion, the Economic Survey said.

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GST promises to be a buoyant source of future revenues: Economic Survey

Mon, Jan 29, 2018

For understanding the current revenue performance, the survey explained that it requires all the  taxes that the GST replaced from an all-India perspective.

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Claims worth Rs 3.13 lakh cr under insolvency proceedings

Mon, Jan 29, 2018

In June last year, the Reserve Bank had identified 12 accounts, each having more than Rs 5,000 crore of outstanding loans accounting for 25 per cent of total NPAs or bad loans of banks, for immediate referral for resolution under the bankruptcy law.

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Priority to social infrastructure like education, health: Economic Survey.

Mon, Jan 29, 2018

As the way forward, the Economic Survey 2017-18 recommends that though macro-economic growth and efficient markets are essential, it is necessary to equally ensure that the benefits of growth are equitably accessible to all citizens to make growth broad-based. 

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Economic Survey: Indian science & technology outputs in the last one year

Mon, Jan 29, 2018

The publication trends reveal that India is gradually improving its performance as measured by the number of publications which is an important metric. 

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US Inc urges Jaitley to reduce tax uncertainty for MNCs

Mon, Jan 29, 2018

Ahead of Finance Minister Arun Jaitley`s last full Union Budget, the US-India Business Council (USIBC) has urged him to further reduce tax uncertainty for multinational companies and foreign investors, even as Indian industry has voiced its own areas of concern.

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Technology has impacted nature of tax administration: FM Jaitley

Sat, Jan 27, 2018

The Finance Minister expressed confidence that CBEC would take necessary steps to ensure that India’s ranking in trade across borders would improve substantially.   

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