Budget 2016
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Bonds, Rupee Rise; Jaitley Sticks to 2016/17 Fiscal Deficit Target
Indian bonds and the rupee rallied on Monday after Finance Minister Arun Jaitley said the government would stick to its fiscal deficit target of 3.5 percent of gross domestic product for the 2016/17 year.
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Decision On Capital Infusion In Select PSU Banks Likely This Week: Report
The Finance Ministry is likely to finalise this week the plans for the first round of capital infusion in select public sector banks.
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Procedures to be Made Easier for Exporters
India's exports contracted for the 13th month in a row in December.
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In a First, Government Seeks Budget Inputs on Twitter
In a first of its kind of exercise to gauge the public mood, the Finance Ministry on Wednesday invited people to vote on Twitter for the group they want the Budget 2016-17 to focus more on - farmers, middle class, women or the underprivileged.
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Indian Economy Likely to Clock 7.8% Growth in 2016-17: Nomura
India's industrial recovery process is likely to be gradual owing to external headwinds and weak private sector investment, and yet the country is expected to clock a GDP growth of 7.8 per cent in the next fiscal year, says a report by Nomura.
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10 Things to Watch In Budget 2016: Morgan Stanley
Morgan Stanley says there will be greater focus on agriculture sector, given the lower crop output in the last four consecutive cropping seasons.
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Maruti Suzuki Shares Surge Over 6%
On NSE, shares of the country's largest car-maker jumped 6.22 per cent to Rs 3,438.
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Budget 2019: Government Raises Disinvestment Target To Rs 90,000 Crore In FY20
The government has set a target of Rs 90,000 crore to be mopped up from CPSE’s share sale in financial year 2019-20.
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Railway Inducts Machines To Make Tracks Safer
Railways on Thursday inducted five machines to make tracks safer and train journeys more comfortable, a statement from the Ministry said.
-
Decision On Capital Infusion In Select PSU Banks Likely This Week: Report
The Finance Ministry is likely to finalise this week the plans for the first round of capital infusion in select public sector banks.
-
Fat Tax, Green Cess in God’s Own Country, Kerala
Pay more for junk food, old cars, daal roti in Kerala.
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TCS To Be Levied Above Rs 2 Lakh Only If Payment In Cash: Taxman
Central Board of Direct Taxes (CBDT) has issued a new circular clarifying that the Tax Collected at Source (TCS) levy will not be applicable when cash part of the payment for certain goods or services is less than Rs 2 lakh, even when the total payment is more than this amount.
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Government Looking At 4-5 Large Sized State-Owned Banks: Report
The government is looking at consolidation among the 27 state-owned banks to create 4-5 large sized lenders, a process that will begin with the merger of SBI and its associates in the current fiscal.
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Black Money Disclosures Made In Compliance Window To Be Kept Secret
Disclosures made in the 4-month compliance window beginning June 1 for domestic black money holders to come clean will be kept secret, according to an amendment to the Finance Bill 2016 approved by the Lok Sabha.
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Fiscal Deficit Target For FY18 May Be Set At 3-3.5% Than 3%: Report
Government's fiscal deficit target for next fiscal could be changed to a 'range' and set at 3-3.5 per cent of the GDP, rather than 3 per cent, says a Bank of America Merrill Lynch (BofA-ML) report.
-
Bonds, Rupee Rise; Jaitley Sticks to 2016/17 Fiscal Deficit Target
Indian bonds and the rupee rallied on Monday after Finance Minister Arun Jaitley said the government would stick to its fiscal deficit target of 3.5 percent of gross domestic product for the 2016/17 year.
-
Decision On Capital Infusion In Select PSU Banks Likely This Week: Report
The Finance Ministry is likely to finalise this week the plans for the first round of capital infusion in select public sector banks.
-
Procedures to be Made Easier for Exporters
India's exports contracted for the 13th month in a row in December.
-
In a First, Government Seeks Budget Inputs on Twitter
In a first of its kind of exercise to gauge the public mood, the Finance Ministry on Wednesday invited people to vote on Twitter for the group they want the Budget 2016-17 to focus more on - farmers, middle class, women or the underprivileged.
-
Indian Economy Likely to Clock 7.8% Growth in 2016-17: Nomura
India's industrial recovery process is likely to be gradual owing to external headwinds and weak private sector investment, and yet the country is expected to clock a GDP growth of 7.8 per cent in the next fiscal year, says a report by Nomura.
-
10 Things to Watch In Budget 2016: Morgan Stanley
Morgan Stanley says there will be greater focus on agriculture sector, given the lower crop output in the last four consecutive cropping seasons.
-
Maruti Suzuki Shares Surge Over 6%
On NSE, shares of the country's largest car-maker jumped 6.22 per cent to Rs 3,438.
-
Budget 2019: Government Raises Disinvestment Target To Rs 90,000 Crore In FY20
The government has set a target of Rs 90,000 crore to be mopped up from CPSE’s share sale in financial year 2019-20.
-
Railway Inducts Machines To Make Tracks Safer
Railways on Thursday inducted five machines to make tracks safer and train journeys more comfortable, a statement from the Ministry said.
-
Decision On Capital Infusion In Select PSU Banks Likely This Week: Report
The Finance Ministry is likely to finalise this week the plans for the first round of capital infusion in select public sector banks.
-
Fat Tax, Green Cess in God’s Own Country, Kerala
Pay more for junk food, old cars, daal roti in Kerala.
-
TCS To Be Levied Above Rs 2 Lakh Only If Payment In Cash: Taxman
Central Board of Direct Taxes (CBDT) has issued a new circular clarifying that the Tax Collected at Source (TCS) levy will not be applicable when cash part of the payment for certain goods or services is less than Rs 2 lakh, even when the total payment is more than this amount.
-
Government Looking At 4-5 Large Sized State-Owned Banks: Report
The government is looking at consolidation among the 27 state-owned banks to create 4-5 large sized lenders, a process that will begin with the merger of SBI and its associates in the current fiscal.
-
Black Money Disclosures Made In Compliance Window To Be Kept Secret
Disclosures made in the 4-month compliance window beginning June 1 for domestic black money holders to come clean will be kept secret, according to an amendment to the Finance Bill 2016 approved by the Lok Sabha.
-
Fiscal Deficit Target For FY18 May Be Set At 3-3.5% Than 3%: Report
Government's fiscal deficit target for next fiscal could be changed to a 'range' and set at 3-3.5 per cent of the GDP, rather than 3 per cent, says a Bank of America Merrill Lynch (BofA-ML) report.
