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.
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.
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.
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.
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.
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.
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.
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.
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.
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...
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.
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.
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.
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.
Umesh Pal kidnapping case: Gangster-neta Atiq Ahmed held guilty, his brother acquitted
Chardham Yatra: VIP pilgrims will have to pay Rs 300 for darshan at Kedarnath and Badrinath Dham.
Those involved in corruption coming on one platform: PM Modi attacks Opposition parties
Namibian cheetah’s death at Kuno National Park gets political colour in Madhya Pradesh
BSF shoots at three drones on Indo-Pak border, recovers 10 kg heroin