'We believe the truth is in the middle, and that India is at an important crossroads.'
Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.
The Budget Session will be held from January 29 to April 6.
Bharat Electronics, Reliance Industries, Mahindra & Mahindra, Larsen & Toubro, InterGlobe Aviation, ICICI Bank and UltraTech Cement were among the other major gainers. Axis Bank, Infosys, Tata Consultancy Services, Trent and Titan were the laggards.
Finance Minister Pranab Mukherjee presented the Union Budget for 2012-13 on Friday.
According to the sources in the government, Union Budget 2012-2013 is likely to be presented in Parliament on March 19, 2012.
Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
It is learnt that India was mulling various options relating to the project after Trump administration threatened a 25 per cent additional tariff on countries doing business with Tehran.
The Central Board of Indirect Taxes and Customs (CBIC) has eliminated the Rs 10 lakh value cap per consignment for courier-based commercial exports, effective April 1, aiming to significantly boost e-commerce shipments, particularly for MSMEs and artisans.
Benchmark lending rates unchanged with repo rate at 5.25%
High spectrum costs limit operators to invest in next-gen network infrastructure.
Domestic passenger vehicle dispatches from companies to dealers rose 13 per cent year-on-year to 449,616 units in January with demand remaining robust owing to GST rate rationalisation and subsequent dip in prices, industry body SIAM said on Friday.
Will Finance Minister Arun Jaitley's Budget 2016 be able to put India on a growth trajectory?
While most experts suggest the government loosen its purse strings and not worry about the fiscal deficit in a pandemic impacted year, it will be a tightrope walk for the government to increase spending without going overboard.
The tax is collected by brokers on behalf of the government and forms a key component of the Centre's tax revenues.
India's retail inflation, measured by the Consumer Price Index (CPI), increased to 3.48 per cent in April, up from 3.40 per cent in March, primarily due to a surge in prices of gold and silver jewellery, as well as certain kitchen staples like tomatoes and cauliflower.
About 50 respondents from across banks, financial institutions and intermediaries including brokerage firms, corporate bodies, consulting firms, research institutes and industry bodies participated in the survey
A downsizing in the prime minister's convoy was implemented in his recent domestic visits, official sources said.
The Union Budget delayed because of elections in five states will now be presented on March 16, four days after Parliament will begin its Budget session.
Finance Minister Nirmala Sitharaman on Sunday said individual persons residing outside India (PROI) will be permitted equity investments in listed Indian companies through a portfolio investment scheme.
The Comptroller and Auditor General of India (CAG) has reported significant financial irregularities in the Union government's FY25 accounts, including ~12,754.47 crore in misclassification and ~54,282.32 crore in outstanding utilisation certificates, with some dating back to 1985-86.
The prime minister is now expected to speak on Thursday in the Rajya Sabha, where the debate on the Motion of Thanks on the President's Address has taken place without any disruption.
The Union Budget may be presented around the middle of March in view of the ongoing Assembly elections, Finance Minister Pranab Mukherjee indicated on Wednesday.
The Union Budget for 2004-05 was presented in the Lok Sabha today by Finance Minister P Chidambaram. In his opening remarks, Chidambaram said the verdict in the recent general elections was a vote for a change in the manner in which the government wa
This is the second-worst performance by the pack during this period over the last five years since CY20.
The government on Friday received financial bids for the strategic disinvestment of IDBI Bank, the Department of Investment and Public Asset Management (Dipam) said in an official statement on X.
Union Home Minister Amit Shah has announced a significant increase in Lok Sabha seats for the five southern states following delimitation, countering misinformation and clarifying the timeline for women's reservation implementation.
Kautilya, widely known as pioneer of economics in India and author of Artha Shastra (rules of economics), was invoked for the fourth time in the country's annual Union Budget speech on Friday, including thrice by the incumbent Finance Minister Pranab Mukherjee.
The Reserve Bank of India on Friday proposed to allow banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.
Foreign investors have remained cautious ahead of the Union Budget amid expectations of limited policy changes.
Union Home Minister Amit Shah has promised to expel infiltrators from West Bengal and secure the border if the BJP wins the upcoming assembly elections. He accused Chief Minister Mamata Banerjee of neglecting North Bengal and favouring Muslims in budget allocations.
Union Parliamentary Affairs Minister Kiren Rijiju announces the debate and vote on the no-confidence motion against Lok Sabha Speaker Om Birla will occur on March 9. The Budget Session's second part will also address important legislation and critical bills.
Anil Rego, CEO, Right Horizons lists out the important things, of course, apart from the IT exemption limit, that the salaried class must be looking forward to in the Union Budget 2015-16 that Finance Minister Arun Jaitley will present tomorrow morning
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
A forum of swamijis has urged the Congress high command to immediately appoint D K Shivakumar as the Chief Minister of Karnataka, warning of consequences if the demand is not met.
