Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha on Tuesday.
The size of Delhi's Budget is close to Rs 55,000 crore, or about 6 per cent of its gross state domestic product (GSDP). What set the state apart is that in the last decade, its fiscal deficit hardly crossed 1 per cent of GSDP, while many other states grappled to contain it within 3 per cent. This was largely possible due to the revenue surplus position, reports Abhishek Waghmare.
Ninth seed Auger-Aliassime, 21, was the dominant player in the first set and despite a wobble when serving at 6-5 he won a tiebreak courtesy of some Medvedev double-faults the Russian later blamed on the sweaty conditions.
Expressing his satisfaction over the government's move to slash fiscal deficit target, Das said it will help improve investment by the private sector as crowding out impact will be less.
As the BJP is set to form the next government in Maharashtra on Friday, industry experts want the new chief minister to expedite the delayed infrastructure projects in the state and revive investment in key sectors by removing bureaucratic bottlenecks.
IMAGES from the UEFA Nations League matches played on Sunday.
Switzerland face an anxious wait to see if they will make Euro 2020's last 16 after Xherdan Shaqiri's superb double helped them secure third place in Group A on Sunday with a 3-1 win over a dismal Turkey.
Augsburg's victory lifted them out of the relegation zone into 15th place.
The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.
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The cap on FDI in retail has been totally removed, while the limit in insurance sector has been enhanced to 46 per cent.
China has conveyed its willingness to enhance cooperation with India on combating the menace of terrorism, including in the United Nations, President Pranab Mukherjee said on Friday winding up a "fruitful and productive" four-day visit to that country.
In an act of gamesmanship, pacers, right-arm quick Harshit Rana (1/27 in 3 overs) and left-arm seamer Kuldip Yadav (2/27 in 3 overs) also wasted time, either faking cramps or tying shoelaces or not delivering the ball even after completing the action.
The mercury breached the 46-degree Celsius mark in several places such as Allahabad (46.8 degrees Celsius) and Jhansi (46.2 degrees Celsius) in Uttar Pradesh; Sports Complex (46.4 degrees Celsius) in Delhi; Ganganagar (46.4 degrees Celsius) in Rajasthan; Nowgong (46.2 degrees Celsius) in Madhya Pradesh; and Maharashtra's Chandrapur (46.4 degrees Celsius).
PV Sindhu won Swiss Open title after beating Busanan Ongbamrungphan of Thailand in final
The Bharatiya Janata Party on Thursday came under fresh attack from its ally Shiv Sena, which slammed it for creating a "trust deficit" by hobnobbing with the Raj Thackeray-led Maharashtra Navnirman Sena in the run-up to the polls and asked it to mend its ways and follow the "alliance dharma".
Swaraj India president and former AAP leader Yogendra Yadav on Thursday termed the Arvind Kejriwal-led party's performance in Punjab as "spectacular and extraordinary", but said it's more "an indictment" of the "entire political establishment" rather than the success of a party in the electoral battle.
From social engineering to bearing the cost of COVID-19 treatment to financial reconstruction of Tamil Nadu's debt the debutant chief minister is emerging as a leader with a difference, says Shjne Jacob
Prime Minister Narendra Modi had announced a relief package of Rs 20 lakh crore or about 10 per cent or GDP last week. However, many of the measures unveiled have been in the form of moves like loan guarantees which do not entail an immediate fiscal cost.
A summary of the Ranji Trophy matches played on Wednesday.
China will use airpower to support Pakistan from the start of a war. China will use the opportunity to at least take Ladakh. Its growing navy will prevent India from blockading or attacking the Makran Coast. And thanks to Chinese weapons, Pakistan keeps expanding its forces, observes Ravi Rikhye.
Both enter finals in Singles of the Swiss Open
Moody's Investors Service on Friday said India's economy is expected to contract for the first time in more than four decades saying economic damage owing to the coronavirus-induced lockdown will be significant with lower consumption and sluggish business activity. Even before the coronavirus outbreak, Indian economy already was growing at its slowest pace in six years and with the stimulus measures announced by the government falling short of expectations, the disruptions are likely to be greater. "We now expect India's growth to register a real GDP contraction for the fiscal year ending in March 2021 (fiscal 2020-21), from our earlier projection of zero growth," it said in a research note.
Yuvraj Singh and Mahendra Singh Dhoni turned the clock back with a batting masterclass as the old warhorses' twin tons powered India to a 15-run win over England in the second One-day International and take an unassailable 2-0 lead in the three-match series.
Top gainers in the Sensex pack included Hero MotoCorp, Maruti, M&M, Bajaj Auto, HUL, HCL Tech, Bajaj Finance, ITC, HDFC and L&T, rising up to 7.51 per cent.
Finance Minister P Chidambaram, while addressing the Carnegie Endowment for International Peace on "Recapturing India's Growth Momentum" in Washington on Thursday, said that the leading think tank need not launch an initiative to explore how India will vote in 2014, declaring that the Indian polity will vote the Congress back into power.
India's double Olympic medallist P V Sindhu failed to reach the women's singles summit clash after going down fighting to Japan's Sayaka Takahashi in three games at the French Open badminton tournament Paris on Saturday.
Out of 30 key export sectors, as many as 22 showed negative growth in September.
'Event management can distract from, but not permanently mask, execution failures,' points out Rathin Roy, director, National Institute of Public Finance and Policy.
Real Madrid are hoping the fit-again Cristiano Ronaldo can lead them into the Champions League final although strike partner Karim Benzema remains a doubt for Wednesday's return match with Manchester City.
World championship bronze medallist Lakshya Sen entered his maiden World Tour Super 500 summit clash on Saturday with a come-from-behind win over Malaysia's Ng Tze Yong at the Yonex-Sunrise India Open in New Delhi.
'Since the NDA took office in 2014, and aggressively since 2019, the Union government seems hell bent on centralising all power and resources, only to fail spectacularly.'
Liverpool will play the winner of Wednesday's other semi-final between Ajax Amsterdam and Tottenham Hotspur with the Dutch side leading 1-0 from the first-leg in London.
Images from the English Premier League matches played on Sunday.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
"Throughout our history we've learned this lesson -- when dictators do not pay a price for their aggression, they cause more chaos. They keep moving. And, the costs and threats to America and the world keep rising," Biden said addressing the joint session of the Congress in his first State of the Union.
The match lived up to its billing right from the start
While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.
'For the next two years, we expect the bulk of earnings growth contribution from sectors like financials and energy, where the outlook remains positive, while the sectors which are linked to domestic consumption and are currently witnessing strains on margins have low salience for Nifty earnings.'
Observing that climate change has become an urgent concern across the globe, Prime Minister Manmohan singh said on Friday ways and means should be developed to reduce India's carbon footprint as it would be among the nations to be 'most seriously' impacted.
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