Friday July 11, 2014
Farm output in India, world No. 2 producer and consumer of an array of agricultural goods, grew at 4.7 per cent in the fiscal year to March 2014 after monsoon rains boosted the harvest, up from nearly 3 per cent a year over the past decade.
Wednesday July 9, 2014
Attributing the rupee fall in 2013 to frictional forces and speculations in the forex market, the Economic Survey has said the currency has stabilised, reflecting an overall sense of confidence, and that the government should build on this optimism t...
Wednesday July 9, 2014
India ranked as the fourth largest crude steel producer in the world during 2013 after China, Japan and USA. During the last fiscal, the country had produced 81.54 million tonnes of crude steel clocking a four per cent increase over 2012-13.
Friday June 27, 2014
The government is likely to defer implementation of General Anti-Avoidance Rules (GAAR) by one more year to April 2017 and exempt transactions made up to March 2013 in a bid to improve business sentiment.
Cities | Press Trust of India | Wednesday March 19, 2014
The city government on Tuesday told the Delhi High Court that the erstwhile Arvind Kejriwal-led cabinet's decision to give 50 per cent waiver on power arrears of people who did not pay their bills from October 2012 to December 2013 cannot be implemen...
Saturday November 2, 2013
October and November are synonymous with festivity, as it brings together friends and families for Durga puja, Dussehra and Diwali. Though the joy and happiness of this festive season is unparalleled, the effect of not planning our finances during th...
Thursday October 31, 2013
The US government said yesterday, that the deficit for the 2013 budget year totalled $680.3 billion, down from $1.09 trillion in 2012. That's the smallest imbalance since 2008, when the government ran a $458.6 billion deficit.
Wednesday July 17, 2013
Asia's third-largest economy expects to mop up Rs. 13, 300 crore through direct taxes and Rs. 4,700 crore through indirect taxes in 2013/14, the federal budget document shows.
South | Press Trust of India | Monday June 17, 2013
The Andhra Pradesh government on Monday finally approved the draft "Andhra Pradesh Girl Child Promotion and Empowerment Bill, 2013" a brainchild of Chief Minister N Kiran Kumar Reddy, paving way for its introduction in the ongoing Budget session.
Indo-Asian News Service | Wednesday May 29, 2013
Budget of teams will rise substantially with the introduction of 1.6 litre V6 engines next season. There is no cost control mechanism in the sport as 11 teams are unable to agree on the amount of budget cap.
Wednesday March 27, 2013
A lacklustre 2013/14 Union Budget and the Reserve Bank of India turning gun-shy on interest rates have erased most of the strong debt gains this year, denting hopes that 2013 would be stellar for government bonds.
Thursday March 21, 2013
Faced with paucity of time, Rajya Sabha today approved Union Budget 2013-14 without debate, a development witnessed perhaps for the first time which triggered protests from Opposition members.
Wednesday March 20, 2013
Britain today halved its economic growth forecast for 2013, blaming the ongoing impact of the eurozone debt crisis, Finance Minister George Osborne revealed in his annual budget.
Friday March 15, 2013
Railway Minister Pawan Kumar Bansal made it clear on Friday that there will be no further hike in the near future in reservation or cancellation charges, though cross subsidy from freight to passenger segment has touched Rs 25,000 crore.
Thursday March 14, 2013
India's high inflation must come down to a 4 to 6 per cent range, Reserve Bank of India (RBI) governor Duvvuri Subbarao said on Wednesday, noting full implementation of this year's Budget will have a "softening impact" on price growth.
Wednesday March 13, 2013
Justifying a recent hike in charges on various counts, Railway Minister Pawan Kumar Bansal on Wednesday hinted at further increase in surcharge on bookings and cancellations for balanced development of the country's largest transporter which has "lim...
Press Trust of India | Tuesday March 12, 2013
Sony India has earmarked a mobile marketing budget of Rs. 300 crore for 2013 calendar year to create space for its Xperia brand of smartphones in the country.
Friday March 8, 2013
The Finance Minister on Friday said he hopes the Reserve Bank will take into account the fiscal consolidation path shown in the Budget while taking a call on interest rate in its coming policy review on March 19.
Friday March 8, 2013
India's fiscal deficit for the fiscal year ending in March will not be altered by any extra borrowing, Finance Minister P Chidambaram said on Friday.
Thursday March 7, 2013
Finance Minister P Chidambaram is scheduled to address the central board of Reserve Bank of India (RBI) in a customary post-Budget meeting tomorrow.