In the following analysis, RelaxwithTax has tried to squeeze out the useful information -- from the Budget Speech delivered by Finance Minister Pranab Mukherjee -- that is relevant to you in terms of personal taxation and finance.
The bellwether Sensex rose by over 500 points after the finance minister tabled the Budget in Parliament today.
Finance Minister Arun Jaitley sought parliament's approval on Friday to increase the spending budget for this fiscal year by $4 billion, with almost half to be used to inject extra capital into state banks struggling with bad loans.
For a long time, the Indian economy has been drifting without a credible monetary anchor.
Listing out priorities for the Finance Ministry under Arun Jaitley and the Narendra Modi government as a whole, it said the growth rate can pick up to 6 per cent with the extent and pace of reform measures.
Jeff Bezos, chief executive officer of Amazon, has committed to invest $5.5 billion into India and that figure is approaching quickly.
Is the Budget sufficiently prudent? It probably is but at the cost of substantial under-provisioning for the many grand sounding schemes announced in it, says Nitin Desai.
In 2015, foreign investors slowed net buying of Indian equities.
Backed by investment activity and healthy performance of the services sector, the economy is expected to grow at 6.2 per cent in 2004-05, according to Centre for Monitoring Indian Economy.
Economist Dale W Jorgenson declares that India is doing "very, very well" and forecasts that India might continue to outrun world economies, including China over the next many years.
Even the Central Statistical Office has started using GDP as the main measure of economic activities since January 15 this year
India's near-term growth has improved: IMF
Minister of Petroleum & Natural Gas Murli Deora has welcomed the General Budget for 2010-11 presented by the finance minister on Friday in the Lok Sabha.
The restrictions on gold imports will be reviewed by March end, Finance Minister P Chidambaram said on Monday.
RustOrange co-founders Samik Sarkar, Shashank Agnihotri and Kuvalaya Singh share their story and learnings.
New chief statistician T C A Anant said on Monday hiking fuel prices was a better option than keeping them artificially low and widening the fiscal deficit, even as the Opposition organised a nationwide strike against the government's decision on Monday.
The report said inflation is expected to remain below 5 per cent over the two years.
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
Poor predictability, credibility and effectiveness of fiscal performance have been key reasons for successive governments failing to deliver on their promises.
Finance minister Pranab Mukherjee on Wednesday ruled out an immediate withdrawal of the stimulus packages, but cautioned that too much delay in the exit would widen the fiscal deficit.
'The question is, how soon we can expect to re-attain the pre-lockdown levels of output and income.'
Here's the full text of address to the nation by President Ram Nath Kovind on the eve of the Republic Day 2022.
The current debt market scenario is balanced from rates perspective.
This flight of capital began in early August due to risk-aversion created first by rising geopolitical tensions due to North Korean aggression and second by the US Fed's decision to shrink its balance sheet
India will have to devise policies to ensure overall growth in FY16.
To snatch a state government out of Congress hands is therefore a high-stakes game with national political implications, for it denies the party the essential fuel to run effective election campaigns, notes T N Ninan.
Yashwant Sinha explains where the Modi government has gone wrong in its handling of the economy.
For the current fiscal, the fund said the economy would grow by 6.7 per cent, much lower than the 7.2 per cent projected by the Central Statistical Organisation.
Bihar expects transfers from the Centre to grow 28 per cent in 2016-17.
Moody's has a 'positive' outlook on its 'Baa3' rating on India.
The repo rate, at which RBI lends to the banking system, will be at 7.5%
Air India expects to wipe out some red marks from its balance sheet.
Single window clearances for realty must.
There was hope in some quarters that the interim Budget would boost sentiment and lay the groundwork for kick-starting the investment cycle, while staying on a path of fiscal consolidation.
Singaporean brokerage DBS said in a report that it expects exports to pick up once the GST-driven distortions subsided, but it warned that the traditional product mix will hinder its ability to participate in the ongoing trade upturn.
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The agency has kept its FY15 growth forecast unchanged at 5.6 per cent.
The opposition parties on Monday dubbed the Interim Budget as election budget, offering "poll lollipops" and alleged that the exercise has failed to address serious issues the people face.
The Reserve Bank on Thursday said its surplus (profit) for the FY'14 fiscal declined 14.75 per cent to Rs 52,679 crore (Rs 526.79 billion) as its interest income from investments in foreign sovereign bonds declined during the year even as its investments increased.
Well, here are some views culled from various new agencies, newspapers and experts on what the February 26 Union Budget for 2010-11 might have in store for you.
The G-20 countries on Monday called for striking a balance between stimulus measures to sustain economic expansion and reducing fiscal deficit to tackle the mess of government finances.
