News for 'budget-2014'

Sardar's statue: Rs 200 crore for Modi's pet project

Sardar's statue: Rs 200 crore for Modi's pet project

Rediff.com10 Jul 2014

The total height of the statue from its base is planned to be 240 metre consisting base level of 58 metre and statue of 182 metre.

Railways to borrow Rs 11,790 cr in 2014-15

Railways to borrow Rs 11,790 cr in 2014-15

Rediff.com8 Jul 2014

The estimated market borrowing by these two companies during current fiscal were pegged at Rs 13,800 crore (Rs 138 billion) from markets, as per the interim Railway Budget for 2014-15 tabled in February.

Tata Motors to launch Zest, Bolt cars this quarter

Tata Motors to launch Zest, Bolt cars this quarter

Rediff.com6 Jul 2014

Both will be powered by the company's Revotron 1.2-litre turbo-charged petrol engines.

Trade imbalance not sustainable: India tells China

Trade imbalance not sustainable: India tells China

Rediff.com1 Jul 2014

The two countries had set the target of $100 billion by next year, which officials say is an uphill task.

Sun, Ranbaxy hire Mckinsey for merger assistance

Sun, Ranbaxy hire Mckinsey for merger assistance

Rediff.com18 Jul 2014

Sun-Ranbaxy are keen to complete the merger process.

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.

Exempt port projects from MAT: Assocham

Exempt port projects from MAT: Assocham

Rediff.com9 Jul 2014

To generate ample private sector interest, there is a need to introduce market-linked tariff rates.

Do a reality check on free trade pacts, says economic survey

Do a reality check on free trade pacts, says economic survey

Rediff.com9 Jul 2014

During 2013-14, imports from Japan, South Korea and Malaysia stood at $9.49 billion, $12.47 billion and $9.21 billion respectively.

Sensex gains 103 points led by auto, metal shares

Sensex gains 103 points led by auto, metal shares

Rediff.com1 Jul 2014

However, IT stocks fell on weak growth forecast by Gartner

Rupee at near one-month high as interim budget sticks to script

Rupee at near one-month high as interim budget sticks to script

Rediff.com17 Feb 2014

In New York market, the dollar lost ground against most major rivals on last Friday amid mixed US data on industrial production and consumer sentiment.

Govt plans to revamp ADR, GDR scheme

Govt plans to revamp ADR, GDR scheme

Rediff.com17 Feb 2014

The government would take a number of steps to energise and deepen the country's corporate bond as well as currency derivatives market.

Rs 1,300-cr cooking gas dole likely to be part of interim Budget

Rs 1,300-cr cooking gas dole likely to be part of interim Budget

Rediff.com14 Feb 2014

Although the future of Direct Benefits Transfer (DBT) on liquefied petroleum gas (LPG) is uncertain for now, the upcoming vote-on-account is likely to account for about Rs 1,300 crore that was transferred to the bank accounts of customers in the form of subsidy.

Rupee ends largely steady a day ahead of Budget

Rupee ends largely steady a day ahead of Budget

Rediff.com9 Jul 2014

Forex dealers said though increased demand for the US currency from importers put pressure on the rupee but a higher opening in the domestic equity market and the dollar's rise against other currencies overseas, capped the losses.

ONGC highest profit-making PSU, BSNL worst performer

ONGC highest profit-making PSU, BSNL worst performer

Rediff.com9 Jul 2014

Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.

India lost competitiveness in key markets for stocks, rupee: Govt

India lost competitiveness in key markets for stocks, rupee: Govt

Rediff.com9 Jul 2014

The overseas market has developed into a significant competitor for India's two biggest markets -- rupee and stocks, the pre-Budget Economic Survey 2013-14 said, adding that ten years ago, the global market was practically absent in both these fields.

Railways to borrow Rs 13,800 cr in 2014-15

Railways to borrow Rs 13,800 cr in 2014-15

Rediff.com12 Feb 2014

In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore (Rs 149.42 billion) from markets.

Rail stocks derail; see losses of up to 20%

Rail stocks derail; see losses of up to 20%

Rediff.com8 Jul 2014

Most of the railway-related stocks, which had seen smart gains in the past few days ahead of the Rail Budget, saw profit-booking as Railway Minister Sadananda Gowda presented the Budget.

Govt to sell 5% stake in ONGC for Rs 17,000 cr

Govt to sell 5% stake in ONGC for Rs 17,000 cr

Rediff.com8 Jul 2014

Finance Ministry is considering to sell 5 per cent stake in ONGC in the current fiscal, which could garner about Rs 17,000 crore to the exchequer.

Gold drops on global cues, subdued demand

Gold drops on global cues, subdued demand

Rediff.com7 Jul 2014

Gold in Singapore, which normally sets price trend on the domestic front, fell from three-month high by declining 0.6 per cent to $1,312.48 an ounce.

Tyre industry asks govt to rework inverted duty structure

Tyre industry asks govt to rework inverted duty structure

Rediff.com7 Jul 2014

The tyre industry has urged the Central Government for recast of India's Free Trade Agreements

Jet brings in new COO, Anita Goyal to join board

Jet brings in new COO, Anita Goyal to join board

Rediff.com3 Jul 2014

Jet Airways expects to return to profit in the next 18 months, following implementation of a new route network and fleet strategy and cost optimisation measures.

Gold, silver rebound on global cues

Gold, silver rebound on global cues

Rediff.com1 Jul 2014

Gold in New York, which normally sets price trend on the domestic front, rose by 0.90 per cent to $1,326.90 an ounce and silver by 0.43 per cent to $20.96 an ounce on Monday night.

Swiss discloses links to money laundering cases in India

Swiss discloses links to money laundering cases in India

Rediff.com30 Jun 2014

A Swiss government agency has disclosed having come across suspicious money laundering activities related to cases of "organised crime" in India.

FinMin gearing up for final budget preparation

FinMin gearing up for final budget preparation

Rediff.com22 Apr 2014

The new government, which will be required to boost investments and promote growth, will be presenting a regular Budget after completion of the electoral process.

Railways to install work stations in Rajdhani trains

Railways to install work stations in Rajdhani trains

Rediff.com25 Aug 2014

Internet facility, better and comfortable seating and catering arrangements will be provided in the specially designed coaches.

Rupee dips as shares remain under pressure

Rupee dips as shares remain under pressure

Rediff.com14 Jul 2014

The rupee bounced back by 26 paise to end at 59.93 against the American currency on Friday as exporters and some banks sold dollars.

Budget: How does the storage battery sector benefit

Budget: How does the storage battery sector benefit

Rediff.com11 Jul 2014

The government has extended excise duty concessions beyond 30th June 2014 for a period of 6 months up to 31st December 2014.

For every Re in govt kitty, 24 paise to come from borrowing

For every Re in govt kitty, 24 paise to come from borrowing

Rediff.com10 Jul 2014

For every rupee in government kitty, as much as one-fourth will come from market borrowing in 2014-15 while 20 paise would be spent towards interest payment.

65% professionals believe budget to revive growth, employment

65% professionals believe budget to revive growth, employment

Rediff.com10 Jul 2014

As many as 65 per cent of respondents have positive expectations from the budget and believe that it will succeed in giving a definite push to economic growth and job creation, a survey has said.

Revealed: The many things Jaitley will do on Budget Day

Revealed: The many things Jaitley will do on Budget Day

Rediff.com9 Jul 2014

Finance Minister Arun Jailtey's time table on Budget day.

Rail Budget disappointing for Mumbai commuters

Rail Budget disappointing for Mumbai commuters

Rediff.com8 Jul 2014

The maiden Railway Budget of the Narendra Modi-led NDA government seems to have not gone down well with the suburban commuters as it does not offer anything new to them, commuters associations in Mumbai said.

Number of AC class passengers dropped in FY14

Number of AC class passengers dropped in FY14

Rediff.com8 Jul 2014

Amid railways eyeing higher revenue from travellers in air conditioned coaches, the number of passengers in AC First Class and AC 3 Tier registered a decline in 2013-14 as compared to the previous fiscal.

Rupee snaps 3-day fall on bunched-up dollar inflows

Rupee snaps 3-day fall on bunched-up dollar inflows

Rediff.com8 Jul 2014

It moved in a range of 59.80 and 59.99 per dollar during the morning deals.

Eithad ties up with Google for flight schedule, fare searches

Eithad ties up with Google for flight schedule, fare searches

Rediff.com7 Jul 2014

Using flight search, travellers in the US, Canada, the UK, the Netherlands, Spain, France, Italy, Germany, Poland and Ireland will be able to explore and compare flights to and from any of Etihad Airways 103 destinations.

Govt earnings from PSU dividend, profit jump to Rs 88K crore

Govt earnings from PSU dividend, profit jump to Rs 88K crore

Rediff.com17 Feb 2014

As per the budget document presented in Parliament, public sector enterprises, including banks, are expected to contribute Rs 88,188 crore in the form of dividend and profit to the government in the current financial year.

In Budget speech, Chidambaram makes veiled attack on Modi, Kejriwal

In Budget speech, Chidambaram makes veiled attack on Modi, Kejriwal

Rediff.com17 Feb 2014

Finance Minister P Chidambaram on Monday made a veiled attack on Narendra Modi and Arvind Kejriwal, telling them "neither populism nor individualism" is an alternative way of governance and expressed confidence that people will entrust responsibility to a "hand" that works for equity.

Rupee sees biggest weekly gain since May

Rupee sees biggest weekly gain since May

Rediff.com4 Jul 2014

The rupee resumed higher at 59.69 per dollar as against the last closing level of 59.73 at the Interbank Foreign Exchange market.

Two premium trains for Northeast, but opposition not happy

Two premium trains for Northeast, but opposition not happy

Rediff.com12 Feb 2014

Two premium new long-distance trains and plan to convert a strategically important metre gauge line into broad gauge were announced on Wednesday for the Northeastern region in the Railway Budget, but opposition BJP and AGP dubbed the sops as "frustrating".

Economy will grow at 6% in FY15: FM

Economy will grow at 6% in FY15: FM

Rediff.com1 May 2014

Chidambaram also hit out at senior BJP leader Yashwant Sinha, saying his performance as finance minister.

My heart bleeds over what is happening: PM on Parliament disruptions

My heart bleeds over what is happening: PM on Parliament disruptions

Rediff.com12 Feb 2014

Venting his anguish over disruptions in Parliament, Prime Minister Manmohan Singh on Wednesday said his heart bleeds over what is happening in the House and it is sad for democracy.