The government on Sunday gave a strong push to upgradation and expansion of healthcare infrastructure, medical education and pharma sector with the Union Budget 2026-27 announcing a slew of steps, including those aimed at making India a global hub for allied healthcare professionals and biopharma manufacturing.
Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.
She said I treated her like a bachchi. At another moment, she said I had gone to various people and 'bitched' about her. She also threatened to bring the entire matter to the PM's notice. A revealing excerpt from Subhash Chandra Garg's We Also Make Policy: An Insider's Account of How the Finance Ministry Functions.
Nirmala Sitharaman presents the National Democratic Alliance government's budget amid high hopes and expectations from across the spectrum of society -- from farmers to industralist. Will the Budget fulfill the expectations of all?
Arun Jaitley presented the Union Budget in Parliament on Saturday.
What has been the impact of this Budget on your daily life?
Accelerated development of highways will be taken up with 2,500 km access controlled highways and 9,000 km of economic corridor. In addition, there will be 2,000 km each of strategic highway projects and port connectivity projects, she said.
In the Union Budget presented in Parliament by Finance Minister Nirmala Sitharaman, a total of Rs 1,52,369 crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware.
While the finance minister made the tax payers slightly happy by raising the individual tax exemption limit to Rs 300,000, he made many others unhappy.
The markets tanked 209 points after Finance Minister Pranab Mukherjee tabled the Union Budget in Parliament on Friday. Economic Affairs Secretary R Gopalan defends the measures, saying the markets will need time to comprehend the measures.
However, the finance minister did not oblige members in the Rajya Sabha with clarifications on his intervention in the debate on the issue of price rise, even when Communist Party of India-Marxist member Sitaram Yechury sought some more information.
Presenting the Union Budget in Parliament recently, finance minister Pranab Mukherjee proposed estimated divestment proceeds of Rs 1,120 crore (Rs 11.2 billion) for 2009-10, which includes divestment in Rail India Technical and Economic Services, Cochin Shipyard Ltd, Telecommunications Consultants India Ltd, Manganese Core India Ltd, Rashtriya Ispat Nigam Ltd and Satluj Jal Vidyut Nigam Ltd.
Union Finance Minister Pranab Mukherjee, while presenting the Union Budget in Parliament on Monday, announced that it is proposed to add one handloom mega cluster each in West Bengal and Tamil Nadu and one powerloom mega cluster in Rajasthan.
Even as Pranab Mukherjee rises to present the Union Budget in Parliament at 11 am on Monday, a nationwide survey reveals that most Indian households think this annual exercise has no significant effect on their daily lives.
Finance Minister P Chidambaram presented the 2006-07 Union Budget in Parliament on Tuesday.
Rating agency ICRA said on Tuesday that a remarkable aspect of the Reserve Bank of India's Monetary and Credit Policy for the First Half of 2004-05 is its timing.
The government has also proposed to set up a Mission on Low Cost Affordable Housing to be anchored in the National Housing Bank.
The first Budget of Independent India was presented by R K Shanmukham Chetty on November 26, 1947.
Unlike the Advance Estimates which missed the impact of demonetisation, CEA's survey is likely to have a better take on Indian economy.
Arun Jaitley presented the Union Budget in Parliament on Saturday.
Dining and drinking out will be expensive.
The prime minister was often seen vigorously thumping the desk, prompting his Cabinet colleagues and NDA MPs to follow suit.
The finance minister said the economy had been slowing.
Much of the Q3 data will simply not be available for the CSO to factor in its calculation.
States' demand of compensation from Centre for loss of tax revenue not on agenda.
The industry's reactions to the Budget have been mixed.
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