News for 'Interim Budget'

Shah seeks Ram Temple at the earliest, asks Cong to make stand clear

Shah seeks Ram Temple at the earliest, asks Cong to make stand clear

Rediff.com2 Feb 2019

He accused the Congress of putting up obstacles to the temple's construction through 'its lawyers' in the Supreme Court.

Govt launches pension plan for informal workers

Govt launches pension plan for informal workers

Rediff.com1 Feb 2019

Goyal also announced hiking of tax free gratuity to Rs 30 lakh from existing Rs 20 lakh for employees having service of more than five years.

Markets end flat ahead of Rail Budget, F&O expiry

Markets end flat ahead of Rail Budget, F&O expiry

Rediff.com25 Feb 2015

The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.

Have we forgotten the lessons of Doklam?

Have we forgotten the lessons of Doklam?

Rediff.com28 Feb 2019

'In the case of an India-Pakistan confrontation, the Chinese may undertake more than just posturing, thereby constraining us from deploying adequate forces for decisive results,' warns Brigadier S K Chatterji (retd).

Country's first post office savings bank ATM in Chennai

Country's first post office savings bank ATM in Chennai

Rediff.com27 Feb 2014

After launching the ATM service at Thiyagaraya Nagar Head Post Office, Chidambaram said that Rs 4,909 crore had been allocated for the IT modernisation of Department of Posts in the interim budget for 2014-15.

Nine blue-chip cos add Rs 1,14,806 cr in m-cap

Nine blue-chip cos add Rs 1,14,806 cr in m-cap

Rediff.com23 Feb 2014

ITC, TCS and HDFC Bank emerged as the biggest gainers during the period.

RJD MLAs go shirtless in UP assembly

RJD MLAs go shirtless in UP assembly

Rediff.com19 Feb 2014

Uttar Pradesh assembly session began on a stormy note on Wednesday as legislators raised anti-government slogans and two of them took off their shirts protesting over various issues.

FM pegs nominal GDP growth for FY21 at 10%

FM pegs nominal GDP growth for FY21 at 10%

Rediff.com1 Feb 2020

The revised estimated expenditure for FY20 has been pegged at Rs 26.99 lakh crore and receipts at Rs 19.32 lakh crore, she said.

Jaitley tells PM he can't be in new government

Jaitley tells PM he can't be in new government

Rediff.com29 May 2019

In the four-paragraph letter, Jaitley said he had orally informed Modi about his desire not to be a part of the new BJP government to enable him to concentrate on treatment and health.

How NITI Aayog plans to tackle farm distress

How NITI Aayog plans to tackle farm distress

Rediff.com27 May 2019

NITI Aayog has been working on an action plan to relieve rural distress and energise the agricultural sector

Reports of Jaitley's deteriorating health false: Govt

Reports of Jaitley's deteriorating health false: Govt

Rediff.com26 May 2019

'Reports in a section of media regarding Union Minister Shri Arun Jaitley's health condition are false and baseless. Media is advised to stay clear of rumour mongering,' Government Spokesman Sitanshu Kar tweeted.

CWC leaves it to Sonia Gandhi to clear the mess within

CWC leaves it to Sonia Gandhi to clear the mess within

Rediff.com13 Mar 2022

The Congress will hold a chintan shivir immediately after the Budget session of Parliament and the CWC will meet again before that, he told reporters

Rajiv Kapoor's journey in Bollywood

Rajiv Kapoor's journey in Bollywood

Rediff.com22 Apr 2022

Rajiv Kapoor did not do many films in his career but he is still remembered for his solid hit, Ram Teri Ganga Maili.

'One Rank One Pension' rollout just weeks away

'One Rank One Pension' rollout just weeks away

Rediff.com10 Apr 2015

Military veterans are finally set to get their dues following Defence Minister Manohar Parrikar's assertion that the 'One Rank One Pension' scheme is just weeks away from being implemented.

'Opposing the Gandhis for the sake of proving one's independence just doesn't make any sense'

'Opposing the Gandhis for the sake of proving one's independence just doesn't make any sense'

Rediff.com20 Oct 2022

'Why should Khargeji work against the Gandhis for the sake of proving his independence?'

Positive consumer sentiment could drive auto industry

Positive consumer sentiment could drive auto industry

Rediff.com11 Jul 2014

Higher disposable incomes, rural push and infra push to boost auto sector

Govt takes off excise sop: Cars, SUVs to be costlier from Jan

Govt takes off excise sop: Cars, SUVs to be costlier from Jan

Rediff.com30 Dec 2014

In June, the new government led by Narendra Modi extended the excise duty concession by six months to December 31, which is not being further extended.

Govt allocates Rs 60,000 crore for MGNREGA for 2019-20

Govt allocates Rs 60,000 crore for MGNREGA for 2019-20

Rediff.com1 Feb 2019

The amount allocated for 2019-20 is 11 per cent higher compared to Rs 55,000 crore allocated for the year 2018-19.

Who will be the next Chief Economic Advisor?

Who will be the next Chief Economic Advisor?

Rediff.com26 Jul 2018

Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy, Neelkanth Mishra of Credit Suisse and the principal economic advisor, Sanjeev Sanyal.

Don't want a Class 8 school boys debate with Modi: Chidambaram

Don't want a Class 8 school boys debate with Modi: Chidambaram

Rediff.com18 Feb 2014

Dismissing the criticism of his interim budget by Narendra Modi, Finance Minister P Chidambaram said, "I don't want to take the level of this debate to a Class 8 school boys' debate."

Why Finance Minister Jaitley disappointed Defence Minister Jaitley

Why Finance Minister Jaitley disappointed Defence Minister Jaitley

Rediff.com15 Jul 2014

The finance minister hiked the total defence expenditure from Rs 203,672 crore in FY 2013-2014 to Rs 229,000 crore for FY 2014-2015. Though the increase appears substantial, it is insufficient to undertake the military modernisation necessary to meet the emerging threats, feels Brigadier Gurmeet Kanwal (retd).

Why it is important now to boost growth

Why it is important now to boost growth

Rediff.com18 Feb 2014

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.

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Rediff.com19 Jan 2019

'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'

'Excise cut extension to help growth momentum'

'Excise cut extension to help growth momentum'

Rediff.com25 Jun 2014

Consumer Electronics and Appliances Manufacturers Association Consumer has also welcomed the move saying the it would improve the sentiments and strengthen the growth.

Why FY20 may be a difficult year for the PSUs

Why FY20 may be a difficult year for the PSUs

Rediff.com25 Feb 2019

While the five years of the Modi government have indeed seen a healthy increase in PSUs' outlay and the Budgetary support for them, the next year's numbers reveal the squeeze in the government's own resources even though it is expecting a much higher dividend income from the PSUs. These do not augur well for the PSUs in 2019-20 and the years ahead, unless these numbers are revisited and, hopefully, revised in the full Budget that will be presented later in July this year, says A K Bhattacharya.

Congress reforms: 50% tickets to those below 50 yrs of age

Congress reforms: 50% tickets to those below 50 yrs of age

Rediff.com15 May 2022

The bold decisions are part of the Congress 'Nav Sankalp' declaration that was adopted at the end of the three-day 'Chintan Shivir in Udaipur, indicating that the party has chosen to put its weight behind the young leadership after a prolonged old-versus-new tussle.

Fiscal deficit hits 115% of FY target

Fiscal deficit hits 115% of FY target

Rediff.com28 Dec 2018

For the first eight months of the current financial year, the figure stood at Rs 7.17 trillion.

Road construction trebled under Pradhan Mantri Gram Sadak Yojana

Road construction trebled under Pradhan Mantri Gram Sadak Yojana

Rediff.com1 Feb 2019

Highlighting the the government's focus on providing power to all, Finance Minister Goyal said 2.5 crore families were without electricity in 2014 and "we have provided power to almost all families".

Finance minister bets big on disinvestment

Finance minister bets big on disinvestment

Rediff.com11 Jul 2014

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.

Modi Sarkar's Rs 6.26 trillion bonanza for PSUs

Modi Sarkar's Rs 6.26 trillion bonanza for PSUs

Rediff.com9 Mar 2019

Modi government's story of five years with regard to equity allocation for PSUs shows that it may have allowed a large part of its resources to be wasted. This is also a worrying reflection of the government's inability to take hard decisions - whether they pertain to privatisation or forcing weak public-sector banks to wind down their operations, says A K Bhattacharya.

Power Grid out of ETF; FinMin files offer document

Power Grid out of ETF; FinMin files offer document

Rediff.com25 Feb 2014

The Finance Ministry has filed the offer document with market regulator Securities and Exchange Board of India for the Central Public Sector Enterprises ETF, which could fetch the exchequer about Rs 3,000 crore (Rs 30 billion).

Lowering LPG cap will be viewed positively by the market

Lowering LPG cap will be viewed positively by the market

Rediff.com9 Jul 2014

Expectations are that the government will use the Union Budget to create an environment, which is conducive for growth.

Why Did TN Governor Omit Dr Ambedkar's Name?

Why Did TN Governor Omit Dr Ambedkar's Name?

Rediff.com10 Jan 2023

According to state government sources, not only did the governor insert some corrections, but he also initialled the final draft after those corrections had been made, reveals N Sathiya Moorthy.

Capital goods: To have cascading effect on infra thrust

Capital goods: To have cascading effect on infra thrust

Rediff.com11 Jul 2014

Tax incentives to have cascading effect on the capital goods industry.

I-T notices to high net individuals boosted govt revenues

I-T notices to high net individuals boosted govt revenues

Rediff.com25 Feb 2014

The government managed to raise revenues by sending notices to high net individuals to did not file I-T returns last year.

Govt mulls independent office to manage centre's debt

Govt mulls independent office to manage centre's debt

Rediff.com21 Feb 2014

The finance ministry is working on a Cabinet note for establishing a full-fledged Public Debt Management Office, officials told Business Standard.

Why FY20 may be a difficult year for the PSUs

Why FY20 may be a difficult year for the PSUs

Rediff.com21 Feb 2019

While the five years of the Modi government have indeed seen a healthy increase in PSUs' outlay and the Budgetary support for them, the next year's numbers reveal the squeeze in the government's own resources even though it is expecting a much higher dividend income from the PSUs. These do not augur well for the PSUs in 2019-20 and the years ahead, unless these numbers are revisited and, hopefully, revised in the full Budget that will be presented later in July this year, says A K Bhattacharya.

RBI sells special drawing rights to control fiscal deficit

RBI sells special drawing rights to control fiscal deficit

Rediff.com7 Mar 2014

The RBI needs to maintain a healthy contingency reserve so that it can lend its support in case of a bank failure.

India should avoid fiscal slippage

India should avoid fiscal slippage

Rediff.com3 Jul 2014

The comments came after Indian Finance Minister Arun Jaitley warned of tough measures in his first budget on July 10, saying 'mindless populism' needs to be checked as India aims to boost growth.

What to expect on the tax front in 2019

What to expect on the tax front in 2019

Rediff.com15 Jan 2019

India is on the brink of overhauling its tax system, implementing the BEPS project and seeing a further evolution of the GST at the same time as a general election. This makes 2019 an exciting and challenging year, note Maulik Doshi and Jigar Doshi.