Budget Session of Parliament

Jul 14, 2014 13:37 (IST)

In Battle Over PM Modi's Aide, BJP Wins Over Mayawati, Mamata
In a political row over its bill to legitimize the appointment of former telecom regulator Nripendra Misra as Prime Minister Narendra Modi's principal secretary, the ruling BJP today won over key opposition parties, leaving the Congress isolated in Parliament.

Jul 14, 2014 13:24 (IST)

TRAI Bill clearing appointment of former telecom regulator as PM's Principal Secretary passed in Lok Sabha

Jul 14, 2014 13:21 (IST)

TRAI Bill passed by voice vote in Lok Sabha, clearing the way for the appointment of former telecom regulator Nripendra Misra as Prime Minister Narendra Modi's Principal Secretary

Jul 14, 2014 12:11 (IST)

Row in Parliament Over Journalist's Meeting With Hafiz Saeed
The controversy over a meeting between 26/11 mastermind Hafiz Saeed and a journalist close to yoga teacher Ramdev today sparked a major row in Parliament.

Jul 14, 2014 11:42 (IST)

"As far as India is concerned, and the Government of India is concerned, unquestionably Hafiz Saeed is a terrorist who has conspired against this country, and has indulged in actual acts of conspiracy. The Government of India has nothing to do, not directly, not indirectly, not even remotely with any journalist in his individual capacity": Arun Jaitley on row over yoga guru Ramdev's aide's meeting with 26/11 mastermind Hafiz Saeed.

Jul 14, 2014 11:30 (IST)

Rajya Sabha adjourned till noon as ruckus continues over a meeting between 26/11 mastermind Hafiz Saeed and journalist Ved Prasad Vaidik, who is close to yoga teacher Ramdev.

Jul 14, 2014 11:05 (IST)

Rajya Sabha adjourned for 15 minutes after ruckus over a meeting between 26/11 mastermind Hafiz Saeed and journalist Ved Prasad Vaidik, who is close to yoga teacher Ramdev

Jul 10, 2014 19:03 (IST)

That was Budget 2014. The Sensex and Nifty careened wildly all day, finally ending in the red. The BJP's political opponents have been unimpressed by Mr Jaitley's Budget and there were mixed reactions from India Inc.

On a final note, an opinion from columnist Ashok Malik - he describes the Budget as astute and realistic. Click here to read

Jul 10, 2014 18:58 (IST)

Arun Jaitley defends his 100-crore club: This is the beginning of a process. There are a few steps that are directional and these are part of a roadmap

Jul 10, 2014 18:53 (IST)

Arun Jaitley to NDTV: I wish I could give more tax exemption to the middle-class

Jul 10, 2014 18:53 (IST)

Arun Jaitley on defence: Will be an area for manufacturing to look at. Why not have an Indian company, with the foreigner having 49%?

Jul 10, 2014 18:52 (IST)

Arun Jaitley to NDTV: Willing to clarify any ambiguity on REITs

Jul 10, 2014 18:51 (IST)

Mr Jaitley to NDTV: Did not want to deviate from Mr Chidambaram's targets. In a couple of years, it is certainly possible to get deficit to around 3%

Jul 10, 2014 18:51 (IST)

Arun Jaitley to NDTV: Public private partnership (PPP) is the ideal vehicle for infrastructure build-up

Jul 10, 2014 18:49 (IST)

Mr Jaitley on inflation: I have been monitoring figures and substantially it is food. In that, it is milk, protein-related items, onions and potatoes. We have created a strong framework, trying to arrest at an early stage the increase in prices of onions and potatoes

Jul 10, 2014 18:49 (IST)

Arun Jaitley to NDTV: If you have moderate interest rates, we can have a pre-2004 situation where paying an EMI was cheaper than paying rent

Jul 10, 2014 18:47 (IST)

Mr Jaitley on subsidies: It is an area on the agenda. Improvement on reforms is an on-going process

Jul 10, 2014 18:45 (IST)

Arun Jaitley to NDTV: Hoping there are no new cases on retrospective taxation

Jul 10, 2014 18:43 (IST)

Arun Jaitley to NDTV: We have to take a considered decision between an "ideal" GST and a "good" GST

Jul 10, 2014 18:42 (IST)

Arun Jaitley on retrospective tax: The cases that are there are already in court and they will sort themselves out. We will accept the verdict of the courts

Jul 10, 2014 18:40 (IST)

Mr Jaitley to NDTV: My agenda for 45 days was 'let me address the immediate.' Several items were left on the table undecided or by the past government in a complicated form

Jul 10, 2014 18:39 (IST)

Arun Jaitley to NDTV: Our tax policy will be stable

Jul 10, 2014 18:38 (IST)

Arun Jaitley on the series of schemes in the Budget: India is a very complex nation. There are the economists, the states, the regions. You have to cater to everyone

Jul 10, 2014 18:36 (IST)

Arun Jaitley to NDTV: I have tried not to burden any section of the people unfairly

Jul 10, 2014 18:35 (IST)

Finance Minister Arun Jaitley to NDTV: Budget is the beginning of the journey. It addresses immediate concerns.

Jul 10, 2014 18:31 (IST)

Arun Jaitley's Budget explained: Income tax changes can save you Rs 36,000

Click here to read

Jul 10, 2014 18:18 (IST)

Budget Addresses Crucial Issues: Rana Kapoor

Rana Kapoor, President of Assocham and MD & CEO of Yes Bank, says Arun Jaitley in the Budget addresses three "crucial issues of growth, fiscal consolidation and inflation management for the short, medium and long-term perspective".

Jul 10, 2014 18:12 (IST)

Extreme drama on Dalal Street: Markets see-saw wildly through the day, close in the red

Read more here

Jul 10, 2014 17:53 (IST)

Jul 10, 2014 17:48 (IST)

Arun Jaitley's first budget promises a lot for health sector.Aims to keep people happy by taxing tobacco more.Job creation a focus.Congrats.
- Dr. Harsh Vardhan (@drharshvardhan) July 10, 2014

Jul 10, 2014 17:27 (IST)

RBI chief Raghuram Rajan: Longer term, building infrastructure is a big challenge

Jul 10, 2014 17:25 (IST)

RBI chief Raghuram Rajan: Inflation and stressed assets are immediate concerns and hopefully we are getting a handle on this.

Jul 10, 2014 17:24 (IST)

RBI chief Raghuram Rajan: I believe growth will be stronger over the course of this year and hopefully it will bring down NPAs of banks.

Jul 10, 2014 17:23 (IST)

RBI chief Raghuram Rajan: Hopefully the consumer inflation comes down to 8% by the end of this year and 6% by the end of next year.

Jul 10, 2014 17:21 (IST)

RBI chief Raghuram Rajan: Controlling inflation is paramount. It is just not work of just the RBI. The government can also take steps.

Jul 10, 2014 17:02 (IST)

Opinion: A Budget meeker than expected, writes policy analyst Siddharth Mazumdar

Click here to read

Jul 10, 2014 16:59 (IST)

A budget can't be a laundry list of assorted 100-crore sops to various constituencies: where's the vision and a clear policy direction?
- Shashi Tharoor (@ShashiTharoor) July 10, 2014

Jul 10, 2014 16:49 (IST)

J Jayalalitha welcomes the Budget, calls it forward-looking

Jul 10, 2014 16:47 (IST)

Jul 10, 2014 16:46 (IST)

Can't have islands of prosperity, need oceans of prosperity. Development should not just be top down but bottom up approach: Congress' Jyotiraditya Scindia

Jul 10, 2014 16:45 (IST)

#Budget2014 is a validation of our commitment to 'Sabka Saath, Sabka Vikas'. It's a tool for India's positive growth and rapid development.
- Vijay Goel (@VijayGoelBJP) July 10, 2014

Jul 10, 2014 16:43 (IST)

It's not the UPA vs the NDA, the factor is the Indian economy: Arun Jaitley on the 4.1% fiscal deficit target

Jul 10, 2014 16:39 (IST)

This Budget is a direction. People in salary brackets have received incentives. Have given an investment allowance: Finance Minister Arun Jaitley post-Budget

Jul 10, 2014 16:31 (IST)

Winner of #AskVikram #Contest is @PriyankaMakhij1 . Congratulations on winning an iPad Mini. T&C apply:

Jul 10, 2014 16:30 (IST)

This is a Budget that converts hopes and aspirations of the people into trust; new ray of hope for the poor and downtrodden, said Prime Minister Narendra Modi

Jul 10, 2014 16:28 (IST)

Arun Jaitley's Budget: Over Rs 2,000 crores for Ganga conservation

Read more here

Jul 10, 2014 16:27 (IST)

@rashtra_prem Budget has provided for Infrastructure investment trust & 100cr for technology development fund:@seshadrichari, BJP #AskVikram

Jul 10, 2014 16:25 (IST)

Jul 10, 2014 16:19 (IST)

There's no roadmap in this Budget, says former Prime Minister Dr Manmohan Singh. As Finance Minister in the PV Narasimha Rao government, Dr Singh presented 5 Budgets between 1991 and 1996

Here's Dr Singh's opinion of Arun Jaitley's Budget

Jul 10, 2014 16:16 (IST)

Here are the correct answers for the last 3 Qs of #AskVikram #Contest : 4. Indira Gandhi 5. 10 6. 5 each

Jul 10, 2014 16:11 (IST)

"No mention of either special status or special package for Bihar as was promised before the election," Nitish Kumar told the press in Patna. He described the Budget as 'disappointing'

Jul 10, 2014 16:08 (IST)

Growth-oriented Budget with emphasis on manufacturing and agriculture: Apollo Group's Sangita Reddy

Jul 10, 2014 16:01 (IST)

Here are the correct answers for the first 3 Qs of the #AskVikram #Contest: 1. Jawahar Lal Nehru 2. Tax Deducted at Source 3. 1973-1974

Jul 10, 2014 15:55 (IST)

Opinion on this Budget is divided into two - many say that more was expected from a government elected on the plank of development, others say it is a realistic Budget.

Jul 10, 2014 15:50 (IST)

This Budget has understood the diversity of India. Most interesting to me is the Rs 10,000 crores allocated to building entrpeneurship: Future Group's Kishore Biyani

Jul 10, 2014 15:41 (IST)

Your Budget Cheat-Sheet: Click here for the 10 big announcements

Jul 10, 2014 15:40 (IST)

The retrospective tax law stays, says Arun Jaitley. Vodafone decides to push ahead with international arbitration in tax dispute

Read more here

Jul 10, 2014 15:36 (IST)

The Congress has been sloganeering for the last 10 years. We will walk the talk and we will deliver: BJP's Prakash Javadekar responds

Jul 10, 2014 15:32 (IST)

In the NDTV-CII studio, spokespersons from the Congress, Left and Trinamool declare themselves unimpressed by the Budget. It doesn't deliver on pre-election promises, said Left leader Brinda Karat

Jul 10, 2014 15:31 (IST)

Thank you everyone for taking part in our quiz today. The #AskVikram #Contest is now closed. Winner to be announced soon.

Jul 10, 2014 15:25 (IST)

Markets reaction is confusing because the Budget is confusing, says Congress' Veerappa Moily

Jul 10, 2014 15:23 (IST)

The Budget addresses all question on agriculture quite comprehensively. One thing I didn't notice is allocation for godowns and storage but on the whole Arun Jaitley has done as much as he can: M S Swaminathan, pioneer of India's 'Green Revolution'

Jul 10, 2014 15:19 (IST)

@rajendrashegde @arunjaitley Tried to balance inflation, growth.Big Bang Budget may come in Feb 2015: @mkvenu1, Journalist #AskVikram

Jul 10, 2014 15:19 (IST)

#Budget2014 listless,visionless,no gameplan,huge disappointment.This was UPA3 Budget.Spending on memorials instead of social sector.
- Mayank Gandhi (AAP) (@mayankgandhi04) July 10, 2014

Jul 10, 2014 15:18 (IST)

The government doesn't want to put any money into its schemes, in the name of controlling the deficit: Brinda Karat of the Left

Jul 10, 2014 15:16 (IST)

The markets can't decide if they like this Budget. The Sensex and Nifty plummeted during the Budget speech, rose after the speech ended, and are now in the red again

Jul 10, 2014 15:14 (IST)

Adi Godrej describes both the Budget speech and proposal as 'excellent,' says it needs a bit of tweaking

Jul 10, 2014 15:11 (IST)

@rajendrashegde Balanced but not visionary budget. More specific roadmap was needed: @gurcharandas, Author #AskVikram

Jul 10, 2014 15:09 (IST)

There is real concern about how little has been done for agriculture in a country that is 67% rural, says Shashi Tharoor about the Budget

Jul 10, 2014 15:07 (IST)

#Budget2014 Many new projects/schemes/funds announced for North Eastern States & Telangana to propel their growth.
- Anurag Thakur (@ianuragthakur) July 10, 2014

Jul 10, 2014 15:06 (IST)

The Finance Minister's 100 crore club. Read all about it here

Jul 10, 2014 15:01 (IST)

Last question is out. 30mins to go for the #Contest to close. Tweet your answers using #AskVikram to win an iPad Mini.

Jul 10, 2014 14:59 (IST)

Arun Jaitley's Budget: Modinomics gives big boost to defence services

Read more here

Jul 10, 2014 14:57 (IST)

Lots of petty sops but no big decisions in the Budget, says Congress' Shashi Tharoor

Jul 10, 2014 14:57 (IST)

Adi Godrej on REITs: It will benefit real estate players which deal with commercial properties but we have to see the fine print

Jul 10, 2014 14:56 (IST)

Shweta Rajpal Kohli: @DocInTheDock1 Yes @kiranshaw also felt more was needed for Health sector #AskVikram.

Jul 10, 2014 14:55 (IST)

Where are the big ticket reforms, the Trinamool Congress wants to know

Jul 10, 2014 14:53 (IST)

It's a realistic Budget. It takes into account where we are and what we inherit, says BJP spokesperson Nalin Kohli

Jul 10, 2014 14:52 (IST)

I am happy with the Budget in totality but there was no bang, where is the question of a big bang?, says Rahul Bajaj who was in Parliament while Mr Jaitley was presenting the Budget

Jul 10, 2014 14:52 (IST)

Adi Godrej on Budget: It is an excellent budget. I hope it will be followed up by more steps after Budget.

Jul 10, 2014 14:49 (IST)

This is the first step in a game changer. It's not possible to deliver a big bang Budget in such a short time, says Mr Parekh

Jul 10, 2014 14:49 (IST)

@pujneet 200cr is for unity statue,100cr war & 50cr for police memorial. Cultural institutions & need to be respected: Patra,BJP #AskVikram

Jul 10, 2014 14:47 (IST)

Finance Minister Arun Jaitley has done a 'remarkable' job given the short time the new government has been in power: HDFC Chairman Deepak Parekh

Jul 10, 2014 14:43 (IST)

Arun Jaitley: Will raise tax collection not by levying more taxes but by focusing on collection

Jul 10, 2014 14:40 (IST)

Midway through presenting the Budget, Mr Jaitley took an unprecedented 5-minute break. He had severe back pain and had to deliver much of his speech sitting down

Read more here

Jul 10, 2014 14:38 (IST)

Arun Jaitley: Reaching the 4.1% fiscal deficit target will be a big challenge. I have accepted the challenge.

Jul 10, 2014 14:38 (IST)

The only way I can reach the target of 4.1% fiscal deficit is by collecting more taxes, says Mr Jaitley

Jul 10, 2014 14:37 (IST)

Didn't have much sympathy for pan masala, cigarettes. There are health issues involved, says Finance Minister Arun Jaitley after presenting the Budget. Both these commodities are going to cost more

Jul 10, 2014 14:37 (IST)

Arun Jaitley speaking after Budget: I wish I could do more for average tax payer

Jul 10, 2014 14:35 (IST)

@praneetjain9 FM has done something with the import duty to encourage domestic manufacturing:Jagdish Khattar,CMD,Carnation Auto #AskVikram.

Jul 10, 2014 14:34 (IST)

Budget reaction: Not a magical budget but fine print has a lot of positive steps with focus on investment and infrastructure: Ashish Dhawan of Central Square Foundation

Jul 10, 2014 14:31 (IST)

#Contest Q6: How many new IITs & IIMs has the government announced in today's budget? Tweet your answers with #AskVikram & win an iPad Mini.

Jul 10, 2014 14:29 (IST)

In a clear move to achieve fiscal consolidation and economic recovery the Union Budget has made many concrete announcements.
- Rajnath Singh (@BJPRajnathSingh) July 10, 2014

Jul 10, 2014 14:28 (IST)

Here's what's going to cost more: cigarettes, radio taxi services, aerated drinks

Jul 10, 2014 14:26 (IST)

@vikrantchoudhar I think it is a right step. It has to be a step by step process: P V Bhide, Former Revenue Secretary #AskVikram

Jul 10, 2014 14:26 (IST)

Shubhada Rao of Yes Bank on Budget

Fiscal consolidation is a strong takeaway. The FDI in insurance and defence and focus on development programmes are a key thrust.

Jul 10, 2014 14:25 (IST)

'It's a good beginning': Shubhada Rao of Yes Bank on Budget

Jul 10, 2014 14:22 (IST)

@pujneet Entire 200cr is not for the statue of unity,100cr is for war memorial, 50 cr goes for police memorial: Sambit Patra, BJP #AskVikram

Jul 10, 2014 14:21 (IST)

Nothing new was introduced in the Budget. Expected something more imaginative from Arun Jaitley: Congress' Ashwani Kumar

Jul 10, 2014 14:18 (IST)

@pujneet It's not just 500cr for 4 AIIMS.Huge amount of money has been pumped into medical sector: Sambit Patra, BJP Spokesperson #AskVikram