Finance Minister Arun Jaitley said the inflation index would determine the nominal growth figure, and it is better to set modest targets and outperform them.
The Delhi high court on Wednesday sought Delhi Chief Minister Arvind Kejriwal's response on a plea seeking action against him for allegedly filing a false affidavit that he had not instructed his counsel to use derogatory words against Union minister Arun Jaitley.
The new faces in the state cabinet include former Indian cricketer Laxmi Ratan Shukla, Shovandeb Chattopadhaya, Kolkata Mayor Shovan Chatterjee, Abani Mohan Joarder, Abdur Rezzak Mollah, Suvendu Adhikari, Rabindranath Ghosh, Churamani Mahato, James Kujur, Siddikullah Choudhury, Asima Patra, Ghulam Rabbani, Zakir Hossain, Sandhya Rani Tudu, singer Indranil Sen, Tapan Dasgupta and B Hansda.
According to reports, eight hours have been allocated by the speaker for discussion on the tax reform bill.
Currently, Railways is facing a loss of Rs 34,000 cr in passenger segment and its earnings are falling.
Jaitley began his 10-day visit to the US on Wednesday.
The fiscal deficit in current fiscal has been estimated at 3.9%.
In a bid to woo voters, the Bharatiya Janata Party on Thursday promised laptops for students, colour televisions for Dalit and Mahadalit families, two-wheelers for girls and dhoti-sari for poor families annually if it wins the Bihar assembly polls and forms the next government.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
The lack of change in policy can be hugely damaging not only for foreign investors but also for the Indian economy and domestic industry, says A K Bhattacharya.
What has been the impact of this Budget on your daily life?
Finance Minister Arun Jaitley talks to T N Ninan.
With the government putting strong emphasis on job creation, experts on Thursday said measures proposed in the union budget can help create 5-8 million jobs in next 3-4 years across various sectors.
The prime minister was often seen vigorously thumping the desk, prompting his Cabinet colleagues and NDA MPs to follow suit.
India's GDP growth will be 7.5% this year: Jaitley
The Union minister said this is not a time for India to test an anarchic kind of combination when it is on the growth path.
His 7-day long trip to the United States starts on June 17.
After Finance Minister Arun Jaitley presented his fifth straight budget in the Lok Sabha, Bharatiya Janata Party members and ministers from the Cabinet reacted positively to the Budget. Here are some of the reactions.
A K Bhattacharya lists three reasons why Finance Minister Arun Jaitley will most likely present a full Budget on February 1, 2019.
Much before Rashtrapati Bhavan confirmed the new ministers' portfolios, we had said who will get what in Narendra Modi's Union council of ministers!
In order to implement big ticket ideas which are likely to come via the Budget of 2015, Modi needs better political talent around him, says Sheela Bhatt/Rediff.com.
Jaitley said it is no surprise that Dr Manmohan Singh is unhappy as 'maximum black money was generated' under his rule.
The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.
Jaitley said the raids have been carried out only after identifying a substantial reason.
AAP leader Sanjay Singh said Kumar, who serves as Delhi Chief Minister Arvind Kejriwal's principal secretary, has a clean service record that spans over 27 years, in which allegations of corruption were never made against him.
Pakistan should draw a red line whether it wants to talk to the Government of India or those who want to break India, Defence Minister Arun Jaitley said on Wednesday asking it to make a "conscious" choice without which a dialogue is not possible.
The dates of general elections in 2019 and the presentation of the final Budget of the Modi government are so far removed from each other that Jaitley is not under any pressure to present a populist Budget. Instead, he could well unveil an array of schemes and proposals that he believes are necessary for the economy, even if a few of them could be unpopular, says A K Bhattacharya.
Ahead of next Union Budget, Finance Minister Arun Jaitley has hinted at a cut in grants from the Centre to states.
Hockey India president Narinder Batra, however, strongly refuted the allegations, saying Gill's charges were 'baseless'.
Finance Minister Arun Jaitley said it has been decided to fix the minimum wages at Rs 350 per day for unskilled non-agricultural workers for 'C' category areas keeping in view the modalities of fixing minimum wages.
FM said every major terrorist incident in the world has a 'Pakistani footprint' around it.
The hike will benefit about 48.41 lakh central government employees and 62.03 lakh pensioners.
Top Union ministers on Saturday joined a gala event, which had a smattering of Bollywood actors, including megastar Amitabh Bachchan, aimed at publicising the "achievements" of the Narendra Modi government on completion of two years in office.
It would be difficult to stick to the Budget numbers unless the departments are reined in their expenditure plans.
GST compensation law allows for imposition of cess on certain luxury goods like tobacco, high-end cars and aereated drinks to create a corpus for compensating states for any loss of revenue in the first five years
'They (government) are trying to create market for pension products'.
Omar welcomed the announcement of setting up of an IIT in Jammu and expressed hope that something similar would be announced for Kashmir to maintain regional balance.
The party said that the Delhi cricket body had become a den of corruption during Jaitley's 13-year rule.
A defiant CM Kejriwal said the commission of inquiry constituted by Delhi government will continue its probe into alleged irregularities into the DDCA affairs.
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