Reeling under a series of derailments, the Budget is likely to announce creation of a separate safety fund of about Rs 1 lakh crore over the next five years.
While most of the amount has been spent on hunger, poverty, healthcare and education, the least was spent on sports, armed forces veterans and technology incubators.
Experts say, these leave many matters to the discretionary powers of bureaucrats, rather than providing them explicitly in the rules.
Gautam Gambhir launched a scathing attack on Bishan Singh Bedi after Navdeep Saini's dream debut in international cricket.
More incentives will be given to agriculture sector for increasing agriculture production.
The government has set a revenue target of Rs 45,471 crore from communication services in FY15.
Sony expects sales to reach 4 million units in India.
In the last year Budget too, the Government targetted to raise Rs. 40,000 crore through disinvestment in the current fiscal.
Finance Ministry is considering to sell 5 per cent stake in ONGC in the current fiscal, which could garner about Rs 17,000 crore to the exchequer.
In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore (Rs 149.42 billion) from markets.
Railways is keen to generate additional revenues this year.
Excluding the pension outgo, the allocation in the Union Budget for the armed forces stands at Rs 3.62 lakh crore.
Telecom Minister Ravi Shankar Prasad is learnt to have approached Finance Minister Arun Jaitley for additional funds to carry out schemes committed under Universal Services Obligation fund scheme.
George Panayiotou, the 30-yr-old is son of former boxer turned entrepreneur Andreas Panayiotou whose net worth is 400 million GBP.
Indian basket at 6-month low of $49.11 a bbl
The CAG report, tabled in Parliament, states the interest on the short payment stood at Rs 1,052.13 crore for the period up to March 2016.
In dollar terms, TCS' market valuation rose to $84 billion.
.jpg)
Under Indradhanush roadmap announced in 2015, the government will infuse Rs 70,000 crore in state banks over four years while they will have to raise a further Rs 1.1 lakh crore from the markets to meet their capital requirement in line with global risk norms, known as Basel-III.
Havells will acquire the entire consumer business infrastructure, people and distribution network. Plus all intellectual property of the Lloyd brand, logo, trademark and attendant rights.
Currently, Railways is facing a loss of Rs 34,000 cr in passenger segment and its earnings are falling.
The United States has held up a reimbursement of USD 400 million (approx Rs 2,080 cr) spent by Pakistan on the war against terror due to the strained relationship between the two countries, adding to the worries of financial managers in Islamabad, a media report said on Monday.
Consolidated net profit rose to Rs 3,465 crore in its fiscal third quarter to December 31.
Delhi BJP chief Manoj Tiwari was the chief guest at the event which was also attended by Bhojpuri singer-actor Dinesh Lal Yadav 'Nirahua'.
Patil in her address to both Houses of Parliament said higher public spending on programmes of rural development has successfully raised incomes in those areas.
Snapdeal also in talks with China's Alibaba and Taiwan's Foxconn to raise $1 bn.
Chinese stock markets suffered their biggest single-day drop since the global financial crisis.
India is on the brink of overhauling its tax system, implementing the BEPS project and seeing a further evolution of the GST at the same time as a general election. This makes 2019 an exciting and challenging year, note Maulik Doshi and Jigar Doshi.
Bollywood celebrities have backed the Indian Cricket Team after they lost the final of 2017 ICC Champions Trophy against Pakistan.
Jamshedpur plant is expanding its capacity at a cost of Rs. 20,000 crore.
Modi said the push towards a gas-based economy where the share of environment-friendly fuel in the energy basket will be increased from 6.2 per cent to 15 per cent by 2030, will create lakhs of jobs and help meet India's COP-21 commitment of cutting emission intensity by 33-35 per cent.
Raju's grandfather had commissioned a similar sahasra nama mala for Lord Balaji 50 years ago. Raju now wanted to offer a new garland.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
There are about 23 oil refineries in India with a combined capacity of 230 million tonnes per annum.
'We need to confront such people else they will be encouraged to harass more women in the future,' notes HR guru Mayank Rautela.
Investors pumped in more than Rs 37,000 crore (Rs 370 billion) in various mutual fund schemes in May taking the total funds mobilisation during the first two months of the current fiscal to Rs 1.44 lakh crore.
Fund-raising by Indian companies through issue of shares to institutional investors is gathering pace, rising to Rs 2,211 crore in August highest in a month during the current fiscal.
More properties are expected to go under the hammer in the coming days.
Ailing Air India may get about Rs 520 crore (Rs 5.2 billion) for carrying out VVIP operations if Parliament approves the supplementary demand for grants for the current year.
The lion's share of the amount -- Rs 1,003 crore (till November 10) -- comes from an Environment Compensation Charge (ECC) imposed by the Supreme Court in 2015 on trucks entering Delhi while the rest is made up of cess on every litre of diesel sold, in effect since 2008.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances