India's manufacturing sector growth climbed to a four-month high in January as a sharper upturn in new orders boosted output growth amid mild cost inflation, a monthly survey said on Thursday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) recovered from an 18-month low of 54.9 in December to 56.5 in January. The latest reading highlighted the strongest improvement in the health of the sector since last September.
Modi's government sees itself in a sweet spot with spare cash.
The first Budget of Independent India was presented by R K Shanmukham Chetty on November 26, 1947.
Prabhu's maiden Railway budget is high on vision.
Suresh Prabhu has announced a slew of measures to improve servcies in trains and railway stations
Railway Minister Suresh Prabhu announced new initiatives.
There isn't much Budget could do directly to help sectors.
The BSE Midcap and Smallcap indices have performed better than the front-liners
Investors in exchange-traded funds can trade on bourses.
Inputs by the Petroleum Ministry were found among stolen documents.
The Budget loosened the reins on public spending to drive growth.
According to Nasscom, India must make its R&D significantly more robust to realise the 'Make in India' dream
Finance Minister Arun Jaitley presented his maiden budget last week in which he vowed to contain fiscal deficit at 4.1 per cent this year and lower it to 3 per cent by 2016-17.
The railways have been able to project improvement in finances.
Railways Minister Sadananda Gowda will present his maiden Rail Budget on July 8 in Parliament.
In the Union Budget presented in Parliament by Finance Minister Nirmala Sitharaman, a total of Rs 1,52,369 crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware.
The new Budget would do well to fill up the gaps and pave a strong way forward to ensure that the optimism surrounding it is not short-lived.
Stocks might hit new highs even before B-Day.
The service conditions and judges' remuneration are not alluring .
Budget 2018 bears imprints of a government unsure of second term with clear majority, says Shekhar Gupta.
There will be a review of employee compensation arrangement in the light of the new rules.
As part of the long-standing ritual, the sweet dish is prepared in a large vessel and consumed by a large number of official and support staff who are required to stay in the North Block office till the presentation of the Budget, which is February 28 this year.
The IS curve is a measure of the sensitivity between GDP and prevailing interest rates.
US budget deficit to come down to $583 billion in 2014
The government's capex spend is expected to rise and much of this is likely to be focussed on rural India, particularly for housing, roads and irrigation.
The Budget will 'further reignite our growth engine, signalling the dawn of a prosperous future.'
India is Asia's third-best performing equity market.
The Institute of Chartered Accountants of India has shortlisted the changes it hopes to see in Budget 2017.
To help compare numbers better, FinMin might retain the interim Budget Estimates with the new ones.
India's track record of over-promising and under-delivering also leaves plenty of room for doubt.
That "Rollback Budget" ushered in an era of rollback.
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we are facing a situation of empty coffers but eagerness to expand.
The general masses have high expectations from the Budget.
As many as 65 per cent of respondents have positive expectations from the budget and believe that it will succeed in giving a definite push to economic growth and job creation, a survey has said.
Jaitley has announced increasing the super-rich surcharge to 12%.
The government will take special efforts to ensure adequate credit flow to underserved areas -- the eastern states and Jammu-Kashmir, he added.
Improvement in passenger amenities and better interiors would also figure in the budgetary proposals.
Forex dealers said though increased demand for the US currency from importers put pressure on the rupee but a higher opening in the domestic equity market and the dollar's rise against other currencies overseas, capped the losses.
The hype surrounding the Budget gives it undue importance.
