Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.
'As long as the government owns the banks, bankers will follow signals from politicians as to how to lend.' 'State-owned banks will remain State-owned banks as long as the current dispensation is in power -- and certainly there will be no change if the other chaps get in,' says Mihir S Sharma.
The provisions exempt farmers from attachment of land up to 2.5 acres and provide for prevention of hoarding and black marketing of agricultural produce.
While the BJP has the numbers to send its eight candidates to the Upper House, its ally, Suheldev Bhartiya Samaj Party, which has four MLAs in the 403-member UP assembly, holds key to the fate its ninth nominee.
The Union Budget 2010-11 presented by the Finance Minister Pranab Mukherjee in the Lok Sabha on Friday, provides boost to the research and development (R&D) activity across all sector of economy.
Lok Sabha Speaker Sumitra Mahajan will also hold a meeting with leaders of all political parties on Wednesday evening to seek their cooperation in proper functioning of the House.
As part of its plan to cut back on tax exemptions, the finance ministry may withdraw the 30 per cent rebate available on the total rental value of unoccupied properties in the forthcoming Union Budget.
Interestingly, PM Modi had thanked his UAE counterpart Sheikh Mohammed bin Rashid Al Maktoum for offering the support to the rain-battered state on August 18.
Governor Banwarilal Purohit administered the oath of office and secrecy to 68-year old Stalin, for whom this would be the first stint as CM
India's growth, he said, remains resilient with low inflation, fiscal prudence and low current account deficit, talking about robust structural reform measures.
Jaitley gathered a group of people and burnt an effigy of then prime minister Indira Gandhi, making him, in his own words, the 'first satyagrahi' against the Emergency.
The main purpose of the meeting is to assess their views on reforms that are required to attract long-term capital into the country.
Rare unanimity was witnessed as the members passed the Rights of Persons with Disabilities Bill, 2014.
Hitting back at Rahul Gandhi, Government on Wednesday dared him to give proof in Parliament on his allegations against the government and PMO on National Herald issue.
'You peel one layer, then another layer, then another, but in the end, you will see that there is no onion inside.' 'This package has been packaged well, but there is nothing much inside the package!'
400 MPs of the ruling National Democratic Alliance would give up Rs 3.66 crore -- their salary for 23 days of the ongoing budget session that has been a virtual washout due to protests by the opposition.
The levy has also been removed on low cost houses up to a carpet area of 60 square metres in a housing project under any housing scheme of the state government.
Those evading taxes could soon find tax officials at their doorstep, with a rather insightful account of their big purchases.
The possibility of the slowdown affecting more players is greater if the industry doesn't get access to easier finance in the next six to eight months.
BJP sources indicated that swearing-in ceremony could take place on May 30.
The early tabling of the financial Budget ends a 70-year tradition.
The fiscal deficit in current fiscal has been estimated at 3.9%.
The country is all set for the second round of elections on April 18 in the ongoing seven-phase Lok Sabha polls that will elect 543 members to the lower house of Parliament. Going to polls in the second phase will be 95 seats in 12 states and one Union Territory. Here is a look at some of the big names contesting in phase two of Lok Sabha elections.
The finance minister said the economy had been slowing.
Union Ministers Smriti Irani and D V Sadananda Gowda have been dropped from Inter-State Council, official sources said on Wednesday.
A top Home Ministry official said no note has been prepared yet to be placed before tomorrow's scheduled meeting of the Cabinet to be chaired by Prime Minister Manmohan Singh.
Sources said valuation of all these assets was an ongoing process, and the mode and manner of disposal would be decided on a case-by-case basis
The Food Security Bill, the Land Acquisition Bill and the Aadhar card could bring electoral dividends to the government as it tries to hard to woo the poor, reports Renu Mittal
The epicenter of the quake was Sonitpur and the quake occurred at 7.51 am at a depth of 17 kilometres, it said.
'This (opposition to the project) is not just architects, but everyone needs to know more.' 'We need to be allowed to participate, maybe, you can ignore what we have to say, that's your decision.' 'At least follow the process.
Jaitley's Budget has the potential to change the face of Modi's Bharat
The Lok Sabha has already passed the Bill.
The Union Government will invest Rs 2000 crore (Rs 20 billion) for making Mumbai airport into a world class one, Union Civil Aviation Minister Syed Shahnawaz Hussain said in Mumbai. \n\n
The speaker said she was ready to start the debate right away if the House agreed. The debate has been listed in Monday's list of business under Rule 193.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Opportunistic face of SP has come before the people: Yogi Adityanth.
Anand Sharma said the PM 'does not have humility' and has not indicated that he will reflect and correct the course by either withdrawing his words 'insulting' Indira Gandhi based upon a 'fabricated report'.
As per a PMO statement, Modi told the investors that "he believes in a fair, predictable and consistent tax system
A query has been raised about the "missing" Rs 1.7 trillion fiscal hole in India's financial accounts. This is so because the Budget uses the revised estimates, a projection of how much the government was expected to earn, while the Economic Survey uses the first actual numbers.
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