Revenue buoyancy of GST will be key to improve the resource position of both central and state governments.
Markets snapped their 8-day winning streak.
One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore.
The Planning Commission is considering a hike in public sector investment in the farm sector to 4 per cent of agricultural gross domestic product towards the end of the 11th Plan (2007-12).
The 6-member Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, in its fifth bi-monthly review, kept the repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent.
The special package assistance would be used to augment irrigation structures in drought-prone areas to address the agrarian distress and drinking water crisis.
The new body may be headed by the Prime Minister as the chairman position would be ex-officio.
The defence minister clearly asserted that there will be no budgetary constraints to enhance the capability of the Army and meeting its other requirements.
Some experts had said the Budget did not have much in terms of big ideas.
The more market driven the economy becomes, the more its government sector should function in its basics like the rest of the economy.
The ministry of finance has shot off a missive to the Department of Telecommunications stating there could be a revenue loss in 2006-07 to the national exchequer, owing to reduced license fee from international and national long distance services.
The unfortunate thing is that the film will leave a poor impression of the IAF's and indeed of the armed forces's ability to handle sensitive social matters within their professional space, observes Lieutenant General Syed Ata Hasnain (retd).
Dates like 9/11 should never be allowed to pass by forgotten because terrorism is not to be borne, inhumanity is not to borne.
Finding itself trapped in a cul de sac, all things considered, a negotiated climbdown at this juncture seems the only sensible course available for the Centre, suggests Virendra Kapoor.
The higher salaries and pension outgo will be equivalent to about one per cent of the GDP.
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Over 80 cattle lost their lives and over 600 houses were damaged in rain-related incidents.
Experts said a dip in consumption expenditure indicated an increasing prevalence of poverty in the country.
Retirees have better options that offer liquidity, better returns and are more tax-efficient.
Analysts remain confident RIL's refining and petrochemical segment will continue to support growth.
The Congress chief said if his party is elected to power, its government would spend 6 per cent of the GDP on education.
California-based Mendocino Brewing Company, which sells a number of beer brands including Kingfisher in the US, has got Mallya as its chairman and is owned by UB Group through a complex shareholding structure
The combined pay for India Inc's top management was up 30 per cent in FY16, growing at the fastest pace in nine years
While the two-phased assembly polls voting has concluded in Assam, in West Bengal two phases have completed while four more remain.
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
Currently placed on the FATF'S 'grey list', Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations by the FATF.
The firm expects its recent equity infusion, debt refinancing and the compensatory rate to lead to a turnaround in its financial position.
Besides advancing the presentation of the Budget to perhaps the first week of January, , there are four new initiatives that could be rolled out from the next Budget, says A K Bhattacharya.
The government on Wednesday cleared a fresh Rs 500 crore (Rs 5 billion) financial package for the crisis-ridden paging industry, amid the ongoing general elections, after getting clearance from the Election Commission.
The Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines that will allow car dealers to become Motor Insurance Service Providers (MISP) and offer the policies of multiple general insurers, says Sanjay Kumar Singh.
The economic growth fell to a decade low of 5 per cent in 2012-13 fiscal.
Prime Minister Narendra Modi congratulated Rajapaksa and said he looks forward to further deepen relations between the two nations.
Rail ministry pinning hopes on foreign partner and private capital
The amounts were transferred from HDFC Bank to BoB.
Summary of sports events and persons who made news on Friday
Here are some frequently asked questions about the one rank, one pension scheme
The government has set a total revenue target of Rs 40,874.5 crore (Rs 408.74 billion) this fiscal from spectrum, including auction amount, one-time spectrum charge and annual regular licence fee.
Govt looking for common ground on GST; hopes to pass it soon.
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