Budget 2016-17

Budget 2019: Government May Reduce Oil Cess To Boost Production, Says Report

Business | Indo-Asian News Service | Tuesday June 11, 2019

The Finance Ministry had revised the oil cess in the Union Budget 2016-17, shifting it from the specific charge of Rs 4,500 per tonne of crude to an ad valorem rate of 20 per cent.

Indian Railways Train Timetable: Six New Trains Introduced. Routes, Timings And Other Details

Business | NDTV Profit Team | Thursday November 2, 2017

Indian Railways has announced two new trains each in the Tejas, Humsafar and Antyodaya services.

Indian Railways To Start Double Decker Overnight AC Service Train In July

India News | NDTV News Desk | Monday April 24, 2017

Initiating its new ambitious project, the Indian Railways are going to launch the Utkrisht Double-Decker AC Yatri (Uday) Express in July this year. Uday Express, special class service trains will run overnight, sticking to high-demand routes.

33% Sub-Quota For Women In Railway Food Stalls: IRCTC

Business | Press Trust of India | Tuesday March 7, 2017

The new catering policy was launched recently by Railway Minister Suresh Prabhu as promised in the Rail Budget 2016-17.

Union Budget 2017 Gives Infrastructure Sector Status to Affordable Housing

Business | Wednesday February 1, 2017

The decision will help the sector get various benefits of infrastructure sector.

PM Modi's Lucknow Rally Next Month Crucial For Stock Markets: Expert

Business | Wednesday January 18, 2017

The next trigger for Indian stock markets will be Prime Minister Narendra Modi's rally next month in Lucknow.

Fiscal Deficit Hits Nearly 84% Of Budget Estimate In First Half Of 2016-17

Business | Press Trust of India | Monday October 31, 2016

The fiscal situation in April-September deteriorated over the year ago as the deficit then stood at 68.1 per cent of the Budget estimate of 2015-16.

Finance Ministry May Finalise PSU Insurers Listing Plan In Two Months: Report

Business | Press Trust of India | Sunday October 9, 2016

There are 52 insurance companies operating in India, of which 24 are life insurance business and 28 in general insurance.

Railways Insurance Scheme Gets Overwhelming Response, Say Officials

Business | Indo-Asian News Service | Saturday October 1, 2016

The optional travel insurance scheme in the Indian Railways has garnered huge response in less than a months' time, as over one crore passengers opted for it, officials said.

Government Mulls Advancing Union Budget To February 1

Business | Press Trust of India | Tuesday September 20, 2016

Breaking its tradition, the general Budget of the Union government is likely to be presented on February 1 instead of the last day of the month, as part of an overhaul that would also scrap the practice of a separate Railway Budget.

Advancing Budget To Leave Government With Lesser Fiscal Data: Icra

Business | Press Trust of India | Tuesday September 20, 2016

As the government looks to advance the Union Budget presentation by a month to the end of January, rating agency Icra on Tuesday flagged concerns about availability of lesser data, saying advance GDP estimates as well as corporate tax filings are available only in February.

Government May Advance Union Budget By A Month: Report

Business | Press Trust of India | Sunday August 21, 2016

Union Budget has for decades been presented on last day of February, but this could soon change with the government mulling advancing it to January end so as to complete the budget exercise before the beginning of the new fiscal year.

No Switch Yet From EPF To NPS; Need Government Clarity: Regulator

Business | Press Trust of India | Wednesday July 27, 2016

Not a single migration has taken place yet from EPF pension plan to NPS even after a year of government allowing the one-time switch as modalities are yet to be worked out, PFRDA chairman said on Wednesday.

Jewellery Industry To Grow By Just 3% This Year: Icra

Business | Press Trust of India | Tuesday July 19, 2016

Jewellery industry is expected to grow by just 3 per cent in 2016 in value terms, mainly on account of steady rise in gold prices that has affected volumes, according to rating agency Icra.

Suresh Prabhu Seeks Merger Of Railway Budget With General Budget: Report

Business | Press Trust of India | Thursday July 14, 2016

Railway Minister Suresh Prabhu has written a letter to Union Finance Minister Arun Jaitley seeking an end to the age-old practice of presenting a separate budget for railways by merging it with the General Budget.