The government has budgeted for total expenditure of Rs 34.83 lakh crore or 6.8 per cent of GDP. While the net tax revenue rose from Rs 5,75,697 crore in October 2020 to Rs 10,53,135 crore till October 2021, a growth of 82.93 per cent annualized, total expenditure rose only by 9.95 per cent, led by infra spending to Rs 18,26,725 crore from Rs 16,61,454 crore during the same period, the RBI said in the financial stability report.
Amit Shah's net worth grew 32 per cent to Rs 37.91 crore, mainly due to 80 per cent appreciation in the market value of his securities.
Of the cash outgo, Rs 64,598 crore is for enhanced expenditure on fertiliser subsidy under Atmanirbhar Bharat Abhiyan 3.0 and Rs 20,466 crore for the capital outlay in defence services.
Shortage of semiconductors, price hikes pull January auto sales into red. Dec had seen sales grow for 1st time this FY, which dealers called a one-off.
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'Increased allocations for MNREGA could have provided the much needed push to rural demand and consumption at a time when recovery continues to remain uneven.'
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
The docking of two Chinese submarines at the Colombo harbour in 2014 had angered India, which said it undermined its security interests.
Facebook Inc Chief Executive Mark Zuckerberg said on Thursday he and his wife would receive no tax benefit from setting up their new philanthropic endeavor.
Quality-wise, and on the fun-to-drive scale, the T-Roc is in a league of its own, notes Pavan Lall.
Only Rs 10,720 crore of the junked currency notes did not return to the banking system, rest 99.9 per cent was deposited raising question mark over the government's effort of curbing black money through the demonetisation.
Here's what's buzzing in Mumbai if you are looking out for real estate appreciation...
'The administration started intruding into the kitchens and bedrooms of the local community.'
'For the first time in 50 years the people of Lakshadweep who have till now never raised their hands, got out on the streets and started raising their voices.'
The holy grail of all motorcycles, the M V Agusta Turismo Veloce 800, finds its way to India.
The finance ministry on Tuesday cited "green shoots" of recovery in agriculture, manufacturing and services sectors, and said the prompt policy measures taken by the government and RBI have helped reinvigorate the economy with minimal damage. Stating that the agricultural sector remains the foundation of the Indian economy, the ministry said that a normal monsoon, as has been forecast, should support the rebooting of economy.
There are quite a few lesson that upcoming entrepreneurs must learn from housing.com controversy.
'India is still hierarchical, but not as much as Japan and people appreciate a flat working culture,' Charles Frump, managing director, Volvo Cars India, tells Pavan Lall.
'India needs to learn in Kashmir how to spread development.' 'Pakistan needs to learn in Balochistan how to spread development.' 'China needs to learn in Xinjiang and Tibet.' 'And if they can show tangible benefits, there will be less terrorism.' 'No one wakes up in the morning saying 'I want to kill myself', right?'
The Mercedes GLA SUV looks spectacular from every angle.
The Bullet train is a childish desire to join an elite club at the cost of 99.9 per cent of rail passengers, says S Pushpavanam.
In an otherwise agriculture- and public health-focused Union Budget 2018-19, artificial intelligence, machine learning, blockchain technology, internet of things -- jargons that found little or no mention in the previous Budgets -- managed to make their presence felt.
As the Centre's decision ahead of the end of the 40-day lockdown brought cheers to lakhs of migrant workers across the country, quarantine centres and shelter homes were also being readied for the returning migrants with Uttar Pradesh alone preparing to receive an estimated 10 lakh people.
Will this announcement have any material impact on the stock price when the markets open for trade on Monday, April 18 at 9.15 am?
BJP-ruled Maharashtra levies 46.52 per cent VAT (47.64 per cent in Mumbai) on petrol, the highest in the country.
The new Santro, with a premium feel, is proof that when it comes to offering latest features and with it design at competitive prices, small cars are no longer shying away from entering a territory once occupied only by larger models, says Pawan Lall.
Incessant rains over the past two days in eastern Rajasthan have led to a flood-like situation in the region and severed road connectivity to many areas.
'There is a degree of civility, efficiency, cleanliness and cultural ease here that has all but vanished in the squalid, chaotic and rootless Hindi heartland,' says Sunil Sethi.
'The rivers that caused the maximum problem were the ones that had dams built on them.'
The Nissan Kicks does tick all the right boxes as a convincing Hyundai Creta competitor.
Forget about interim Budgets, one cannot easily recall even a full Budget of any government in recent times having rolled out benefits of this order to such a large number of people, says A K Bhattacharya.
The land acquisition, the consolidation process in Kot and a slew of other decisions by the Haryana government to open the hills to privatisation and commercial activity run contrary to court orders, environmentalists' demand, and at times the Union government's measures to protect the Aravalli hills, say Nitin Sethi & Kumar Sambhav Shrivastava.
Tackling black money gets worst rating; Swachh Bharat, Digital India score poorly.
The 'ethical voting' campaign launched by the Election Commission of India has pulled big crowds in rural as well as urban centres of Garo hills areas under Tura parliamentary constituency in Meghalaya in the run up to the polling that is being held on Wednesday.
So far, the Central Sector has never seen active hostilities, remaining peaceful even through the 1962 war. A reason for the Central Sector having remained peaceful is the towering Himalayan watershed that defines the border.
The smallest of the Indian Motorcycle line-up comes packin' with a 1000cc V-twin, but how is it to ride? Benjamin Gracias took the Sixty out for a spin.
The euphoria of Ab Ki Baar Modi Sarkar will fade quickly if the Modi government does not raise its game, and focus significant monetary resources and managerial skills on making India's infrastructure truly world-class, says Ram Kelkar.
The houses of a sitting and a former MLA, both Dalits, were set afire by a violent mob.
Incessant rains lashing Andhra Pradesh for the last five days have claimed 42 lives so far in various rain-related incidents like wall collapse and inundated crops in about eight lakh hectares, official sources said on Sunday.
Maruti Suzuki, Hyundai and M&M draw visitors with a range of concept cars.
The S&P BSE Sensex gained 115 points to end at 24,338 and the Nifty50 climbed 42 points to close at 7,404.
