Budget 2019

Ex-RBI chief Raghuram Rajan flags risks for India’s overseas debt plan

Finance Minister Nirmala Sitharaman's plan to sell bonds overseas comes as PM Modi faces shrinking options to raise funds.

published on : 13th July 2019

Government to control PSU's even after divestment, says Finance Minister Nirmala Sitharaman

This will be done by clubbing the shareholding of state-run banks, financial institutions like LIC and other PSUs, she said.

published on : 7th July 2019

Petrol, diesel set to be costlier; customs duty on gold increased

Customs duty on gold was also increased to 12.5 per cent from existing 10 per cent, said finance minister Nirmala Sitharaman.

published on : 5th July 2019

A please-all Budget for everyone from Nirmala Sitharaman

While the middle-class got tax breaks, particularly on housing loans which as a sum of parts stretched to Rs 7 lakh over 15 years, the axe, however, fell on the super-rich.

published on : 5th July 2019

Citizen and development friendly, future oriented budget: PM Modi

Modi said the policies of the government will empower the downtrodden and turn them into a "power house" for the development of the country.

published on : 5th July 2019

Indian economy to reach $3 trillion in current fiscal: Sitharaman

Many structural changes are needed for the country to become a $5 trillion economy, adding the target is eminently achievable, said the finance minister.

published on : 5th July 2019

Blueprint for national gas grid, water grid will be unveiled: Nirmala Sitharaman

Presenting the first Budget of the Modi government in its second term, Sitharaman also said a package for power sector and structural reforms will be unveiled soon.

published on : 5th July 2019

Union Budget 2019: Is capex recovery on the cards?

While the government managed to rein in subsidies and interest payments over the past five years, capex continues to be constrained by circumstances.

published on : 3rd July 2019

Election budget puts more money in Bharat’s pockets

When a government puts norms and convention to the winds and begins preaching on ‘Vision 2030’ in what is effectively a four-month Interim Budget, then you know its direction.

published on : 2nd February 2019

Union Budget 2019 math: Government will be borrowing Rs 80.36 crore per hour!

Government will spend Rs 7627 crore per day. But it earns only Rs 5418.33 crore per day. So, it will borrow Rs 1928.76 crore per day...

published on : 1st February 2019

Union Budget 2019: Winners and Losers

Farmers, as well as companies with exposure to rural India and middle-class taxpayers, seem to be the clear winners here at the expense of the country’s fiscal deficit.

published on : 1st February 2019

Indian Railways gets all-time highest allocation of  Rs 1.58 lakh crore in Budget

Apart from promising the indigenously developed Vande Bharat Express, interim Finance Minister Piyush Goyal also claimed that all unmanned level crossings on broad gauge have been eliminated.

published on : 1st February 2019

Highlights: Re-election economics wins the day as please-all budget showers sops on voters

Finance Minister Piyush Goyal in the last Budget by the Modi government has announced tax exemption limit up to  Rs 5 lakh. This was but one of the many sops in a please-all budget.

published on : 1st February 2019

Real estate sector needs a boost from the Union Budget to turn around fortunes

Here are a few recommendations we believe will help the cause of real estate in general and housing demand in particular.

published on : 29th January 2019