India has allocated Rs 1.72 trillion, or 27.67 per cent of the total defence budget to cater to modernisation of the country's arsenal. Modern militaries spend up to 50 to 60 per cent of their......
The Army has now fallen behind the other two services for four years in a row. IMAGE: A glimpse from Kartavya Path on Republic Day. Photograph: Press Informaton Bureau The world's most......
Parliamentary approval for the Budget for 2023-24 was on Monday completed after Lok Sabha passed the Finance Bill with a fresh amendment and Rajya Sabha gave its nod to all the three related......
Lok Sabha on Thursday approved the Union Budget envisaging an expenditure of around Rs 45 lakh crore for the fiscal year starting April 1 without any discussion, as the Opposition continued to......
The Budget session of Parliament was on Saturday convened to start from January 31, a day before the Union Budget is likely to be presented. President Pranab Mukherjee has summoned the Rajya Sabha......
'The finance minister missed yet another opportunity to simplify the income tax structure in the Budget.''This was an opportune moment to get rid of the old tax system entirely and move fully to......
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.' IMAGE: Finance Minister Nirmala Sitharaman at the launch of the NITI NCAER States Economic Forum portal......
'Spend, but create assets, spend but make sure that people benefit from it.' 'This has been a beautiful guiding principle. And I think as a finance minister I owe so much to the prime minister for......
'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay. IMAGE: Reserve Bank of India Governor Sanjay Malhotra meets Finance......
The Union Budget for 2017 is likely to be presented on February 1. An approval for merging the Railway Budget with the General Budget was accorded by Finance Minister Arun Jaitley on Monday.......
IMAGE: India’s Shiva Thapa ((blue) in action. Photograph: Warren Little/Getty Images. Asian silver-medallist Shiva Thapa (60kg) and Gaurav Bidhuri entered the finals while five other......