Market hopeful of cash reserve ratio, interest rate cut today.
To protect tigers, Rs 50 crore has been allocated to the National Tiger Conservation Programme.
Not all change is good, but this one is, applauds Shekhar Gupta.
The rupee and equity turmoil seem over, with interest shifting to key personnel changes and 2014 polls.
The fiscal deficit for the current financial year has been contained at 5.2 per cent of GDP, lower than 5.3 per cent as was targeted, Finance Minister P Chidambaram said.
Ganesh Natarajan answered many IT-related questions during an hour-long rediff chat on Tuesday.
Finance Minister P Chidambaram on Monday sought to lighten the burden on the middle class by lowering excise duty on cars, SUVs and two-wheelers and proposed no increase in taxes on other products.
But increase in surcharge for DDT to impact debt funds.
Chidambaram defended the deferment of Lokpal and Lokayukta Bill, 2011 in Rajya Sabha on December 29 contending that it was the "only prudent course" before the government and that it had ensured that the Bill remained alive.
This is because the bond market has factored in the Rs 4.88-trillion gross borrowing for April-September 2020.
Seek permission to issue tax-free bonds.
Allocation for National Rural Health Mission stepped up from Rs 8207 crore (Rs 82.07 billion) to Rs 9947 crore (Rs 99.47 billion).
M Rafeeque Ahmed discusses revenue deficit, exports and leather trade with Rediff readers.
Says that he will re-look at all suggestions on indirect taxes and make announcements in Parliament.
'I do not believe that you would have a booming economy when you go into elections if you had a budget which did not answer the fiscal deficit concerns.'
In a developing county like India, the role of the Finance Minister is a crucial one, specially when the country is going through it's worst period in recent times. M R Venkatesh, has a few valid suggestions for Mr Chidambaram.
Notwithstanding marginal growth in employment, there were as many as 28 million unemployed persons in the country in 2009-10.
The United Progressive Alliance government will present its 10th Budget next week.
After rise in duties, third-party motor insurance rates set to increase premiums 5 - 10 per cent.
On Friday govt increased the petrol price by Rs 1.40 a litre.
New tax proposals including 10 per cent surcharge on super rich and higher duties on mobiles, cigarettes and SUVs will help government garner Rs 18,000 crore in 2013-14.
It argued that the duty reduction will not lead to revenue loss for the government.
Prime Minister Singh has assigned a senior Congress leader to placate the President, who is upset with Finance Minister P Chidambaram, reports Anita Katyal.
Agriculture experts on Tuesday asked Finance Minister P Chidambaram to consider replacing the system of Minimum Support Price with Remunerative Prices and Participatory Price Insurance Scheme and to provide capital subsidy to build water storage pits
The proposal will benefit 1.8 crore tax payers
The country's apex exporters body Federation of Indian Export Organisations said that support extended by the minister for research and development activities and reduction of duties on capital goods will help in increasing competitiveness of Indian products in the global market.
Finance Minister P Chidambaram today announced a Rs 60,000-crore relief package for farmers, including complete waiver of loans given to small and marginal farmers.
Currently, the enforcement officers are making seizures of assets directly and indirectly connected to offenders, including jewelers Nirav Modi and Mehul Choksi in the Punjab National Bank fraud and Vijay Mallya in the Rs 9,000-crore IDBI loan case.
When leaders quote literary figures in Parliament.
The Union Budget is likely to adopt a three-pronged strategy to bring about the second green revolution in agriculture and evolve methods to tap the $119 billion foreign exchange reserves to boost investment.
BJP spokesperson alleges that the then Principal Secretary to Prime Minister Pulok Chatterjee would "snatch files" from Dr Manmohan Singh to take it to 10 Janpath, Sonia Gandhi's residence.
Here, we take a look at how this year's Budget has impacted the individual.
India's current account deficit (CAD) will be contained at USD 45 billion this financial year, well below the record high level of 2012-13, Finance Minister P Chidambaram said on Monday.
The fact that the fiscal consolidation programme is on target - the fiscal reduction and the revenue deficit reduction - we are moving in the set direction, he said.
Finance Ministers play a key role in shaping the economy of a country.
With the Centre taking a U-turn on caste-based census and agreeing to include it as a part of the ongoing census exercise, an angry P Chidambaram virtually walked out of the Lok Sabha and did not return even for Vande Mataram recital when the House came to a close after the eventful Budget session.
The government would take a number of steps to energise and deepen the country's corporate bond as well as currency derivatives market.
Dr Bhabha and Dr Sarabhai didn't feel guilty for their ambitions; it was for those 'mad scientists' that India is a powerhouse -- both at the atomic level and in the vastness of space, observes Kumar Abishek.
Foreign institutional investors added $20.10 billion in equities while they pulled out $7.97 billion from the debt market, resulting in total net flows of $12.13 billion.