Demonetisation is the biggest reason for the rise in preference for small savings.
'...Market-linked debentures, high-value insurance, exemptions from capital gains by investment in real estate, etc.' 'So, there are a number of measures directed at collecting a fair share from higher income individuals.'
Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha on Tuesday.
In his address after more than 75,000 people were given appointment letters for various government jobs in the first tranche, Modi acknowledged the challenges facing the economy the world over with many countries hit by a record inflation and unemployment and said India is making every effort to come out of the situation unscathed.
The manifesto promises better drinking water facilities, better street lights, free community toilets, provision of pink toilets for women, grant of Rs 20,000 for construction of personal toilets, provision of adarsh nagar panchayat, e-tendering and provision of kanji house for stray animals.
Modi praised Tamil Nadu as a special place and lauded the Tamil language as eternal and its culture as global.
Terming infrastructure as the "backbone" of any nation's development, Goyal while presenting the interim Budget for 2019-20 in the Lok Sabha said India aspires to be a USD 10 trillion economy in the next eight years, and on the anvil is next generation infrastructure of roads, railways, seaports, airports, urban transport, gas and electric transmission and inland waterways.
Provisions of RERA, subsidy under PMAY and relaxation in PF withdrawal to buy a house will aid affordable housing, points out Harsh Roongta.
It's such a well-kept secret that even well-heeled financial planners aren't aware of it, says Harsh Roongta.
He said the people of the state took a historic decision in 2003 by removing the government of "Mr Bantadhar", apparently referring to senior Congress leader and former chief minister Digvijaya Singh.
The total wealth of top 100 real estate barons accounted for Rs 2.37 trillion ($32.7 billion) in 2018, up 27 per cent against 2017's cumulative wealth of Rs 1.87 trillion ($28.6 billion).
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
The government's vision of "housing for all by 2022" may turn out to be an uphill task with developers keeping off low-cost housing projects citing regulatory hurdles, high land cost and low returns making such projects "unaffordable".
Banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line
He also assuaged the honest people that the government will act as a friend to them so that their difficulties are eased.
'The fiscal pressure will be there, but the intent of the government behind this move is to spur demand and growth.'
'Economic issues do not matter during elections; it is the emotional connect that helps swing votes.'
At a time when major economies have increased spending, India will have to do the same.
An NSSO survey has revealed that some are using the new toilets as store rooms.
'There is dissatisfaction and disaffection for the BJP, but there is no anti-incumbency against the government in UP.'
'Banks have to be braver, willing to take more risks and give confidence to the customer,' observes Joydeep Ghosh.
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.
An ex gratia of Rs 2 lakh will be given per person to the next of kin of those killed in the floods.
'Where was cement 100 years ago?' 'Why do we need harmful building materials when we have so much in nature around us?' Geeli Mitti founder Shagun Singh tells Samali Basu Guha.
Here's the full text of the maiden address to the nation by President Droupadi Murmu on the eve of Independence Day 2022.
India has helped the world discover the true potential of democracy and the keyword for the country today is compassion for the downtrodden, needy and those on the margins, President Droupadi Murmu said on Sunday.
A little bewildered by the turn of events and the sudden attention on him and one who candidly says he does not know what one lakh means, Majhi, who hails from remote Melaghar village in Kalahandi district, has seen his kitty swell to Rs 15 lakh. But he sorely misses his wife.
Modi said bribery was not possible as the money was transferred directly into accounts of the beneficiaries.
After giving negative or low returns from 2013-2016, the Nifty Realty Index is up a whopping 91.14 per cent, making it the best performer year-to-date. Can you still make money in this sector? Sanjay Kumar Singh finds out.
She said that despite government scheme and initiatives ranging from roads to agriculture, housing, scholarships to electricity benefiting lives of people, a false narrative was being created by the opposition that the government was working for cronies.
'The people, media and politicians are ready to listen to the troubles of Kangana Ranaut, but we are unwanted lives in the heart of Delhi.' Shine Jacob reports.
These consistent performers are expected to maintain momentum.
'Genuine mistakes can and must be forgiven,' argues Vivek Gumaste.
'Our government has created 10 million jobs when the Indian unemployment rate is at a 45-year high.'
With four contenders for the top post in case the BJP wrests power from AAP, party sources say naming of a CM face may trigger factional fights.
Right now the challenge before the government is to double the speed of construction in order to complete the remaining 6.6 million houses before March 2019.
Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.
He congratulated the Uttar Pradesh government and industrialists for their commitment for development.
These houses will have amenities such as LPG, electricity and toilets, she said.
Those who always talk of 'samajwad' and 'bahujan' are extremely selfish, he said in an apparent reference to Bharatiya Janata Party's key rivals in Uttar Pradesh - the Bahujan Samaj Party and the Samajwadi Party.
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