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Interim Union Budget

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Rs 3.18 lakh crore allocated to defence budget

The defence budget remained unchanged at Rs 3.18 lakh crore, the amount set aside in the interim budget in February, notwithstanding expectations of steep hike in resources to modernise the armed......

BJP hails budget; old wine in new bottle, says Cong

Hailing the Union Budget, Prime Minister Narendra Modi on Friday said it is 'one of hope' that will boost India's development in the 21st century and empower the downtrodden, but the Congress......

Lokpal gets over Rs 100 crore budget

Anti-corruption ombudsman Lokpal has got over Rs 100 crore budget allocation, whereas Rs 35.55 crore outlay has been earmarked for the probity watchdog Central Vigilance Commission for 2019-20.......

TN seeks special package of Rs 1K cr to address water crisis

Amid a severe drinking water crisis in Tamil Nadu, state deputy chief minister O Panneerselvam on Friday sought from the Centre a special package of Rs 1,000 crore to augment irrigation structures......

Shah gets Home, Rajnath Defence; Finance with Nirmala

Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated. IMAGE: Prime Minister Narendra Modi with Union Ministers Nitin......

Centre ups infra projects offering to Rs 111-trillion

The infrastructure spending target for 2020-25 was revised because of additional and amended data provided by central ministries, state governments since the release of the summary NIP Report in......

RBI to rejig financial year in line with government's

Taking advantage of the RBI’s different accounting year, the Centre had started demanding an interim dividend till the time the latter’s final balance sheet is prepared (usually in......

FPIs remain net buyers for 5th month; invest Rs 12,000 cr in equities

However, a net amount of Rs 11,119 crore was withdrawn from the debt segment during the same period. This translated into a net investment of Rs 1,003 crore. Foreign investors have pumped in more......

Govt wants Rs 10,000 cr interim dividend from RBI to bridge fiscal gap

This demand comes at a time when the government is falling short of its revenue targets due to dwindling tax and low disinvestment receipts. It could account for the dividend in the upcoming Union......

The most important number in Sitharaman's 2nd Budget

The numbers become all the more important because actual tax collections fell short by Rs 1.91 trillion compared to what was projected in 2018-19.  Besides, the Budget for FY20 did not give......

Yippee! Movies can be made faster

With the introduction of the single window clearance provision, pre-production windows are expected to reduce significantly.Not only will it have an impact on the operational cost of the film, it......

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