The fresh raise could be the country's slowest defence budget rise in more than a decade, and mark the second time that defence budget dip to single-digit increase since 2010.
Finance Minister Arun Jaitley in his Budget for 2017-18 proposed to merge some of the 13 state oil firms to create an integrated public sector oil major.
Finance Minister Arun Jaitley today justified levy of 10 per cent surcharge on rich saying the resources in a largely non-tax compliant society will have to come from the more affluent. Reading out tax-payer data,
Finance Minister Arun Jaitley, during his budget speech on Wednesday, provided a glimpse into the number of demonetised notes deposited between November 8 and December 30, 2016, without giving the full picture. Is it because
Beleaguered liquor baron Vijay Mallya today lashed out at the ongoing investigations by the Central Bureau of Investigation (CBI) and efforts by the government to extradite him from Britain where he has taken shelter since fleeing India on March 2 la
India is expected to clock a GDP growth of 7.1 per cent in 2017-18 as the country gets sufficiently remonetised and the schemes in the Budget play a supportive role, says an HSBC report.
Experts believe that the paltry hike in the defence budget has dashed hopes of any major step towards military modernisation this year despite heightened tensions with Pakistan and the increasing military capabilities of China.
To compete with global oil biggies like BP and Chevron, the government has said that it was planning to merge some 13 state oil firms to create an energy behemoth.
The Union Budget presented by the Finance Minister Arun Jaitley on Wednesday is widely expected to bring positive impact on job market, experts say. The government's focus on digitatisation, transparency in governance & politics, upliftment
In a noteworthy step towards simplifying digital transactions, Finance Minister Arun Jaitley on Wednesday announced two new schemes to boost the adoption of BHIM (Bharat Interface for Money) digital payment app. “Nearly 125 lakh people
The annual exercise of the presentation of Union Budget by the Finance Minister has usually proved to evoke a plethora of opinion and views deciphering the announcements and the roadmap that the government presents for
Dimple Yadav, a Samajwadi Party MP and wife of Uttar Pradesh Chief Minister Akhilesh Yadav, today slammed the Union Budget presented by Finance Minister Arun Jaitley and alleged that it lacked both vision and direction.
Bihar Chief Minister Nitish Kumar today termed the Union Budget as ‘disappointing’ for people, particularly the poor, farmers and youths.
Union Finance Minister Arun Jaitley today said that there is an urgent need to protect the poor from chit fund schemes. In his fourth Budget speech, the minister said that the government will amend the Multi-state Cooperative Act to protect the poor
In an effort to promote cashless transactions as part of a campaign to encourage people to go digital, the government on Wednesday expelled all obligations on gadgets utilized as a part of the procedure of
Union Railway Minister today termed as unprecedented the Budget provision of Rs 1.31 lakh crore for railways' capital expenditure.
The government today invited all out praise from Chief Economic Advisor (CEA) Arvind Subramanian, Niti Aayog Chairman Amitabh Kant and Paytm CEO Vijay Shekhar Sharma for presenting a people friendly Budget.
BJP president Amit Shah today hailed the Union Budget tabled by the government saying ‘it is aimed at all-round development with sops for the youth, women, farmers, the poor and middle class’.
Union Finance Minister Arun Jaitley today increased the defence expenditure of the country to Rs 2,74,114 crore excluding pensions for Financial Year 2017-18.
Adhering to the fiscal consolidation roadmap, Finance Minister Arun Jaitley today said the government will target to bring down the fiscal deficit to 3.2 per cent of the GDP in the fiscal 2017-18.
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