News for 'Budget Estimates of Rs'

Box Office: Action Hero Falters In Drishyam 2 Storm

Box Office: Action Hero Falters In Drishyam 2 Storm

Rediff.com5 Dec 2022

Drishyam 2 scored huge in the first two weeks and then in the third weekend, it has added around Rs 25 crore more.

How the wealth of India's richest can make a difference

How the wealth of India's richest can make a difference

Rediff.com16 Jan 2023

The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed on Monday. Releasing the India supplement of its annual inequality report on the first day of the World Economic Forum Annual Meeting in Davos, rights group Oxfam International said that taxing India's ten-richest at 5 per cent can fetch entire money to bring children back to school. "A one-off tax on unrealized gains from 2017-2021 on just one billionaire, Gautam Adani, could have raised Rs 1.79 lakh crore, enough to employ more than five million Indian primary school teachers for a year," it added.

75 cr for Ranbir, Hrithik for Ram, Ravan

75 cr for Ranbir, Hrithik for Ram, Ravan

Rediff.com9 Oct 2021

To be produced by Madhu Mantena, the three-film trilogy will be made at a whopping cost of Rs 750 crores (Rs 7.5 billion)!

RBI pays Rs 28,000 cr interim dividend to govt ahead of elections

RBI pays Rs 28,000 cr interim dividend to govt ahead of elections

Rediff.com18 Feb 2019

The interim dividend will help Narendra Modi-led government partly bridge the deficit its budget had developed after the announcement of a Rs 75,000 crore a year cash dole scheme for small farmers.

At Rs 83,346 crore, October's GST collection is lowest

At Rs 83,346 crore, October's GST collection is lowest

Rediff.com28 Nov 2017

With recent rate cuts, November collections could be even less

Service tax dept to auction Vijay Mallya's planes: CBEC

Service tax dept to auction Vijay Mallya's planes: CBEC

Rediff.com3 Apr 2016

Total disputed liability of Mallya with respect to service tax to the tune of Rs 535 cr

Govt to increase staff strength by 3.9 lakh by March 2024

Govt to increase staff strength by 3.9 lakh by March 2024

Rediff.com6 Feb 2023

According to the latest Budget papers, the staff strength of central ministries and departments is estimated to rise by 276,796 to 3.44 million at the end of FY23, it would be up by 109,266 to 3.55 million in March 2024.

Has Ra.One already recovered all its money?

Has Ra.One already recovered all its money?

Rediff.com3 Oct 2011

Shah Rukh Khan is on a promotion spree for his home production Ra. One

Shivaji statue: What you can do with Rs 3,600 crore

Shivaji statue: What you can do with Rs 3,600 crore

Rediff.com25 Dec 2016

The budget for the 'Shiv Smarak' has risen 35 times since it was first conceived.

Favourable winds blowing for Cement sector, demand remains strong

Favourable winds blowing for Cement sector, demand remains strong

Rediff.com18 Jun 2023

Cement companies witnessed speculative support from investors through FY23 amid hopes of a rebound. After capex announcements in the FY24 Budget, there was further interest due to expectations that government expenditure would boost earnings, besides a generic macro-recovery. Cement earnings were under pressure in FY22 and FY23 due to high raw material and fuel costs; muted demand prevented them passing on the higher cost.

Budget 2018: Good news for health insurance likely

Budget 2018: Good news for health insurance likely

Rediff.com15 Jan 2018

Govt could cut the GST rate payable every time someone buys a health insurance product; or it could also provide a larger income tax set off for those who buy a health insurance product

Govt expenses to make your head spin!

Govt expenses to make your head spin!

Rediff.com19 Dec 2016

IDS-2 and raids to uncover black money stash keep receipts flowing

OECD raises prospects for global GDP, cuts it for India

OECD raises prospects for global GDP, cuts it for India

Rediff.com17 Sep 2020

While most economies contracted in the second quarter of 2020, the Chinese economy grew by 3.2 per cent.

How Arun Jaitley will make you rich

How Arun Jaitley will make you rich

Rediff.com1 Feb 2017

There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.

Govt to mop up Rs 3.02 trn from cess, surcharges

Govt to mop up Rs 3.02 trn from cess, surcharges

Rediff.com8 Feb 2018

The 14th Finance Commission had recommended that states' share in the divisible tax pool be raised to 42 per cent, from 32 per cent earlier.

FM pegs nominal GDP growth for FY21 at 10%

FM pegs nominal GDP growth for FY21 at 10%

Rediff.com1 Feb 2020

The revised estimated expenditure for FY20 has been pegged at Rs 26.99 lakh crore and receipts at Rs 19.32 lakh crore, she said.

Fiscal deficit fell 42% to Rs 90,000 crore

Fiscal deficit fell 42% to Rs 90,000 crore

Rediff.com1 Sep 2010

The Centre's fiscal deficit fell by 42 per cent to Rs 90,915 crore (Rs 909.15 billion) during April-July, 2010, year-on-year, on increased revenue receipts from the auction of 3G spectrum.

Govt needs to keep a tight leash on expenditure

Govt needs to keep a tight leash on expenditure

Rediff.com18 Feb 2019

The negative aspect about the Budget is that the capital expenditure has been marginally cut to achieve the fiscal deficit target assumptions, and the onus of sustaining investment demand till private capex revives continues to vest with the public sector enterprises, notes Jyotivardhan Jaipuria.

Is Kartik Aaryan Bollywood's New BANKABLE STAR?

Is Kartik Aaryan Bollywood's New BANKABLE STAR?

Rediff.com30 Jun 2022

'Kartik is an outsider, so he takes nothing for granted. That's why he will do well.'

Centre lowers foodgrain price for welfare plans

Centre lowers foodgrain price for welfare plans

Rediff.com27 May 2016

Wheat will be now be sold to the schemes at Rs 2 per kg, while rice would be given at Rs 3 per kg.

What Cards Will BJP Play For Elections?

What Cards Will BJP Play For Elections?

Rediff.com26 Jun 2023

Elections may be a few months away, but the government may get into election mode much earlier than that, predicts A K Bhattacharya.

Agri credit to cross Rs 7 lakh cr; exports to surge over $45 bn

Agri credit to cross Rs 7 lakh cr; exports to surge over $45 bn

Rediff.com17 Feb 2014

Agriculture credit is likely to exceed the target of Rs 7,00,000 crore while farm exports are expected to increase to over $45 billion in the current fiscal, Finance Minister P Chidambaram said today.

Inflation to further decline, assures Sitharaman

Inflation to further decline, assures Sitharaman

Rediff.com14 Dec 2022

Finance minister Nirmala Sitharaman on Wednesday exuded confidence that inflation would further decline and the government is on track to meet its budgetary target for deficit and said that there is no fear of stagflation in India. Replying to the debate on first batch of Supplementary Demands for Grants 2022-23 in Lok Sabha, the finance minister said inflation has come down and it is now in the tolerable band of the RBI. Inflation has been declining since April 2022 and it is declining further, she said.

Siddaramaiah reaches out to MLAs amid reports of discontent

Siddaramaiah reaches out to MLAs amid reports of discontent

Rediff.com27 Jul 2023

Legislators are said to be miffed and have complained that they had not been able to get work done in their constituencies, and also transfers (of Government servants) as requested, and have expressed unhappiness regarding Ministers, alleging non-cooperation.

India to grow at over 7% in FY23, says CEA

India to grow at over 7% in FY23, says CEA

Rediff.com20 Sep 2022

Chief economic advisor V Anantha Nageswaran on Tuesday said Indian economy will grow at over 7 per cent, down from above 8 per cent of growth rate projected in January. He, however, said that the economic momentum and the animal spirits are "unmistakable". "India's own growth rates have come off the projections made in January down to about 7-plus per cent for the current financial year," Nageswaran said speaking at Global Fintech Fest event in Mumbai.

Corporate tax exemptions dented state exchequer by Rs 62k cr

Corporate tax exemptions dented state exchequer by Rs 62k cr

Rediff.com28 Feb 2015

Tax exemptions to corporates result in revenue loss to state exchequer in 2014.

India expects to raise Rs 64,840 crore from spectrum auction

India expects to raise Rs 64,840 crore from spectrum auction

Rediff.com6 Jan 2015

Income will be higher as spectrum in 2,100-MHz band will also be auctioned

Lockdown could cost India Rs 9 lakh crores: Analysts

Lockdown could cost India Rs 9 lakh crores: Analysts

Rediff.com25 Mar 2020

Pegging the cost of the covid-19 lockdown at USD 120 billion (approximately Rs 9 lakh crores) or 4 per cent of the GDP, analysts on Wednesday sharply cut their growth estimates and stressed on the need to announce an economic package. The Reserve Bank of India (RBI), which is scheduled to announce its first bi-monthly policy review on April 3, is set to deliver a deep rate cuts and it should also be assumed that the fiscal deficit targets will be breached, analysts said.

Fiscal deficit falls 17% to Rs 1.5 lakh cr

Fiscal deficit falls 17% to Rs 1.5 lakh cr

Rediff.com30 Sep 2010

The deficit represents 39.7 per cent of the estimate for the current financial year.

Govt can spend Rs 37,200-cr more and still meet deficit target

Govt can spend Rs 37,200-cr more and still meet deficit target

Rediff.com26 Aug 2015

The excise duty collection grew by 81 per cent in first quarter against the budgeted 21.7 per cent.

A Rogue Wave Rising In The North

A Rogue Wave Rising In The North

Rediff.com21 May 2024

While people voted in a fifth round that will set the tone as this election rounds into the straight, and while Modi on the stump chews the cud of personal grievances and hackneyed promises that have long since passed their use-by date, there is a rogue wave rising -- what damage it will do, we will know 16 days from today, observes Prem Panicker.

Advance tax collection zooms nearly 33% to Rs 1.41 trillion in Dec quarter

Advance tax collection zooms nearly 33% to Rs 1.41 trillion in Dec quarter

Rediff.com18 Dec 2020

The robust revenue collection reinforces hope of a good economic performance in the third quarter of financial year 2020-21 after the surprising pickup seen in Q2.

Sugarcane dues top Rs 21,000 cr in 2020-21 season with UP leading the way

Sugarcane dues top Rs 21,000 cr in 2020-21 season with UP leading the way

Rediff.com22 Jul 2021

Sugarcane dues accruing to farmers rose to almost Rs 21,321 crore as of May 2021. Of that Rs 18,820 crore is for the cane supplied in the current season, which will end in September, while the remaining Rs 2,501 crore is from previous years. Of the pending sugarcane dues of 2020-21, almost 63 per cent accrues to the poll-bound state of Uttar Pradesh. The remaining are from Maharashtra and others.

RBI Guv on how the bank plans to manage liquidity

RBI Guv on how the bank plans to manage liquidity

Rediff.com8 Oct 2021

Observing that there is liquidity overhand of Rs 13 lakh crore in the system, RBI Governor Shaktikanta Das said on Friday that the exceptional measures undertaken during pandemic will be dealt in sync with macroeconomic developments to preserve financial stability. Since the onset of the pandemic, the Reserve Bank has maintained ample surplus liquidity to support a speedy and durable economic recovery, he said while announcing the outcome of the Monetary Policy Committee (MPC) meeting. The level of surplus liquidity in the banking system increased further during September 2021, with absorption under fixed rate reverse repo, variable rate reverse repo (VRRR) of 14 days and fine-tuning operations under the liquidity adjustment facility (LAF) averaging Rs 9 lakh crore per day as against Rs 7 lakh crore during June to August 2021, he said.

Air India to get equity infusion of Rs 5,500 crore

Air India to get equity infusion of Rs 5,500 crore

Rediff.com17 Feb 2014

The Bureau of Civil Aviation Security was allocated Rs 40 crore (Rs 400 million) for procurement of security and IT items along with radiological detection equipment.

Rs 200 cr for Statue of Unity: Is this justified?

Rs 200 cr for Statue of Unity: Is this justified?

Rediff.com10 Jul 2014

Finance Minister Arun Jaitley has announced an allocation of Rs 200 crore (Rs 2 billion) for building Sardar Vallabhbhai Patel's statue in Gujarat.

Govt earnings from PSU dividend, profit jump to Rs 88K crore

Govt earnings from PSU dividend, profit jump to Rs 88K crore

Rediff.com17 Feb 2014

As per the budget document presented in Parliament, public sector enterprises, including banks, are expected to contribute Rs 88,188 crore in the form of dividend and profit to the government in the current financial year.

Why has Kejriwal promised to abolish property tax

Why has Kejriwal promised to abolish property tax

Rediff.com7 Apr 2017

The poll promise is an attempt to woo the middle-class and rich voters in the wake of the party's growing unpopularity.

FPI limit in long-term government securities may be hiked

FPI limit in long-term government securities may be hiked

Rediff.com28 Mar 2018

FPIs are currently capped at 5 per cent of the total outstanding government dated securities, and own 4.5 per cent