New Delhi: With an idea to facilitate manufacturing so that Indian firms create their own value chains, the centre is planning to set up a company to acquire land in CLMV (Cambodia, Laos, Myanmar and
New Delhi: The government is reportedly planning to raise the cap on tax-free medical reimbursement limit. The cap currently fixed at 15,000 per year may soon be raised to Rs 25,000 a year. The government
New Delhi: Narendra Modi rode on the promise of reviving the Indian economy after a thumping majority for his party in the last general elections. The first budget of his government will reflect his plans
New Delhi: Finance Minister Arun Jaitley is likely to announce an ambitious Rs 45,000 crore disinvestment target for the FY16 during his 2015 Union budget.The move is expected to allow him to keep the fiscal
New Delhi: Just fortnight before the Union Budget 2015-16, it is expected that Hybrid and electric vehicles may become cheaper. Government is considering a proposal to give incentives to manufacture of such vehicles.Pushing Narendra Modi's
New Delhi: After being humiliated by the Aam Aam Aadmi party in Delhi Assembly polls, pressure is mounting within the BJP to present a pro-poor Budget and not to administer the "bitter medicine" that Prime
New Delhi: Aam Aadmi Party's victory in Delhi polls could reverberate in the upcoming budget session in parliament as well as in poll bound states.An emboldened Opposition looks all set to counter the Modi-regime in
New Delhi: Society of Indian Automobile Manufacturers (SIAM), an automobile industry body, has asked the Finance Minister Arun Jaitley to reduce excise duty on automobiles in the forthcoming budget in order to help the sector
New Delhi: The Road Transport and Highways Ministry has doubled its budgetary allocation to Rs 50,000 crore to meet the ambitious plan of building 30 kms of roads a day.Sources from Road Transport and Highways
New Delhi: The government has announced a capital infusion of Rs.6990 crore in nine state run banks, including State Bank of India (SBI) and Punjab National Bank (PNB), based on new efficiency parameters such as
Lucknow: Ahead of the presentation of the Rail Budget in Parliament, Minister of State for Railways Manoj Sinha today said there was no proposal at present to increase rail fares.Speaking on the sidelines of a
New Delhi: A policy meeting of the Niti Aayog led by Arvind Panagariya in New Delhi has suggested Prime Minister Narendra Modi to increase public spending. The meeting held under the aegis of several other
New Delhi: Finance Minister Arun Jaitley's much-anticipated Budget is expected to restore customs duty on the crude oil. The move will give the exchequer around Rs 14,000 crore the next financial year.The extra money will
New Delhi: Days ahead of the Budget, RBI Governor Raghuram Rajan has pitched for increasing the tax exemption limit on financial investments by individuals from Rs 1.5 lakh a year.Acknowledging that there was a Rs
Mumbai: Putting hope in the country's economic growth, Reserve Bank of India Governor Raghuram Rajan said that “India should not settle for anything less than a double digit growth in the medium term after progressing
New Delhi: Prime Minister Narendra Modi led NDA government will face time crunch to get its ordinances approved in the parliament during the Budget session.With the tightly packed schedule of 20 sittings of the session,
New Delhi: Finance Minister Arun Jaitley couldn't have asked for anything better. The minister will get Rs 80,000 crore benefit from money unspent by the government departments, provided to them in the last budget as
Vadodara: Union Railway Minister Suresh Prabhu today said that although diesel prices have come down, reduction in passenger fares is unlikely to happen. “Railway recovers only 50 per cent of the passenger cost it bears.There
New Delhi: Union Budget for 2015-16 by Finance Minister Arjun Jaitely is expected to free up funds to the tune of Rs 3 lakh crore and allow the states to spend them in accordance with
Mumbai: Indian equity markets are on a high buoyed by better-than-expected quarterly earnings reported by companies and a cut in interest rates. The Sensex has gained over 2200 points in the past 10 trading sessions,
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