Hike in planned public-sector capital expenditure will be credit-positive for infra cos
DDT is levied at the rate of 20% on dividend paid by cos to shareholders.
A part of Rs 6.5 lakh cr corpus may be used to set up Workers' Bank.
The e-auction is seeing aggressive bidding.
The government on Wednesday said it will raise Rs 72,500 crore through disinvestment of PSUs, including listing of three railway PSUs IRCTC, IRFC and IRCON, and proposed merger and consolidation to create globally competitive public sector units.
Inflation is on a declining trend, Eco Survey stated.
Sentiments may get impacted as mutual funds have been gaining traction among investors as route to invest in stock markets
Market linking of petrol and diesel prices has helped the industry.
The third round of spectrum auction continued to witness aggressive bidding even after completion of seventeen rounds on Wednesday with demands for both bands of airwaves on offer continuing to pour in.
They said that massive public investment in infrastructure, social sectors and agriculture would generate employment and the Union Budget should give it a priority and allocate necessary funds for this.
Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.
Mr Prabhu has set the railways on a course of investing big .
FDI into the country increased by 30 per cent to $21.62 billion during April-September this fiscal.
The US retail giant operates 20 wholesale stores under the brand 'Best Price' in India.
In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore (Rs 149.42 billion) from markets.
Farmers have been availing crop loans upto Rs 300,000 at 7%.
The regulator has sought an increase in the investment limit for tax-saving equity mutual fund schemes to Rs 200,000 from the current Rs 150,000.
The government last year introduced the Insolvency and Bankruptcy Code.
After presenting his first railway budget, Mallikarjun Kharge on Wednesday said he was not for populism but wanted to be "realistic" to ensure that the national transporter thrives for the people of the country.
Sebi has been probing Prayag Group for allegedly running unauthorised collective investment scheme and for defaulting in repayments to various small investors.
The government had disallowed as much as $1.005 billion of its investment as KG-D6 output lagged targets.
Railway Minister Suresh Prabhu presented the Railway Budget in the Parliament on Thursday.
The economy hasn't gathered even half the traction that some of us assumed it would just a year back.
They need to have 15 years of mainstream banking experience
India Inc is encouraged by a determined Budget.
The target announced is 13.6 per cent higher than that set last year and 145.4 per cent higher than the revised target for 2013-14.
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.
The cut in the policy rate by RBI will help lower interest rates
Manufacturing growth in India lost momentum in February.
Sectors throw up a wishlist for the Finance Minister.
A panel has recommended that the RBI should bring down CPI inflation to 4 per cent.
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.
But do not expect the finance minister to fulfil all these wishes
Post-Budget survey find GDP numbers as 'too optimistic'
Leaks of documents are neither new nor limited to particular ministries.
Govt is set to garner Rs 1 lakh crore from sale of radiowaves.
China aims to set common standards on issues.
A proposed 24 percent hike in the salaries of 2.6 million employees and pensioners, will land the railways with a wage bill of about $4.7 billion.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
The Budget announcement of taxing 'virtual digital assets' or crypto currencies will help the income-tax department measure the "depth" of this trade in the country, know the investors and the nature of their investments and it does not "attach any legality" to these transactions, Central Board of Direct Taxes chairman J B Mohapatra said.
