Budget - Finance Sector
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Budget 2018 Is In Sync With Fiscal Consolidation Path, Says Moody's
Finance Minister Arun Jaitley set the fiscal deficit for 2018-19 (April-March) at 3.3% of gross domestic product, slightly higher than expectations for 3.2%.
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Exports Seen Growing At 15 Per Cent In 2017-18: Arun Jaitley
Finance Minister Arun Jaitley today said the country's exports are likely to expand by about 15 per cent during the current fiscal.
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Reveal Amount of Black Money Collected Post Notes Ban, Government Told
Central Information Commission directs finance ministry to reply to a 1-year-old RTI seeking to know total black money collected post-demonetisation.
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Ten Terms You Should Know To Understand Budget 2018
Union Budget is the most comprehensive report of government's finances in which revenues from all sources and outlays for all activities are consolidated.
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Spending Spree Unlikely In Last Full Budget Before Elections, Say Analysts
Fiscal consolidation was first proposed by Prime Minister Narendra Modi's government in its maiden budget in fiscal year 2014/15, aiming to break a long line of governments that preferred to borrow and spend.
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Small Finance, Payments Banks To Offer Atal Pension Yojana To Subscribers
"To strengthen the existing channels of APY distribution, it is felt that these new Payments Banks and Small Finance Banks will provide a boost to the outreach of subscribers under APY," the Ministry of Finance said.
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Crisil Ups Outlook On 18 PSU Banks After Capital Infusion Plan
Crisil said move will strengthen the balance sheets of these banks apart from improving their core capital. It also expects an improvement in the overall performance of these lenders with the uptick in credit demand.
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LIC Mutual Fund Launches Daily SIP Scheme For Investors
Under the plan, LIC MF is offering investors the option to invest in SIPs (systematic investment plans) with as low as Rs 300 per day which would be available in five equity schemes
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1 Budget, 9 Elections: Big Year To Test PM Modi, Says Foreign Media
PM Modi gave the highest ever allocation to a rural job guarantee program in the current year ending March, and spent more on providing houses, drinking water and building rural roads.
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Rupee Up 9 Paise At 63.69, Climbs To New 1-Week High
The home currency though witnessed tight range-bound trade and moved between 63.61 and 63.73 most part of the day.
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Government Unveils Details Of Rs 88,000 Crore Bank Recapitalisation Plan: 10 Points
IDBI Bank, the lender with the highest stressed-loan ratio, will get the biggest chunk of Rs 10,610 crore out of Rs 88,139 crore that the government is infusing in state banks.
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Government May Allot Rs 500 Crore For Sugar Development Fund: Report
In recent years, SDF has been used to finance various interventions of the government to deal with the crisis in sugar industry.
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Income Tax Exemption Limit Needs To Be Raised To Rs 3 Lakh: Report
The move will benefit around 75 lakh people, according to SBI's Ecowrap report.
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Fiscal Consolidation Plan Likely To Continue: Report
"We expect the authorities to target FY19 fiscal deficit at 3 per cent of GDP, from a likely upward revised 3.4 per cent of GDP in FY18," Deutsche Bank said in a research note.
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Mutual Fund Industry Assets Seen Hitting Rs 100 Lakh Crore in 10 Years
"People want to make money and they have understood the fact that only way to beat the inflation is investment in equity," said Mahindra AMC Managing Director and CEO Ashutosh Bishnoi.
-
Budget 2018 Is In Sync With Fiscal Consolidation Path, Says Moody's
Finance Minister Arun Jaitley set the fiscal deficit for 2018-19 (April-March) at 3.3% of gross domestic product, slightly higher than expectations for 3.2%.
-
Exports Seen Growing At 15 Per Cent In 2017-18: Arun Jaitley
Finance Minister Arun Jaitley today said the country's exports are likely to expand by about 15 per cent during the current fiscal.
-
Reveal Amount of Black Money Collected Post Notes Ban, Government Told
Central Information Commission directs finance ministry to reply to a 1-year-old RTI seeking to know total black money collected post-demonetisation.
-
Ten Terms You Should Know To Understand Budget 2018
Union Budget is the most comprehensive report of government's finances in which revenues from all sources and outlays for all activities are consolidated.
-
Spending Spree Unlikely In Last Full Budget Before Elections, Say Analysts
Fiscal consolidation was first proposed by Prime Minister Narendra Modi's government in its maiden budget in fiscal year 2014/15, aiming to break a long line of governments that preferred to borrow and spend.
-
Small Finance, Payments Banks To Offer Atal Pension Yojana To Subscribers
"To strengthen the existing channels of APY distribution, it is felt that these new Payments Banks and Small Finance Banks will provide a boost to the outreach of subscribers under APY," the Ministry of Finance said.
-
Crisil Ups Outlook On 18 PSU Banks After Capital Infusion Plan
Crisil said move will strengthen the balance sheets of these banks apart from improving their core capital. It also expects an improvement in the overall performance of these lenders with the uptick in credit demand.
-
LIC Mutual Fund Launches Daily SIP Scheme For Investors
Under the plan, LIC MF is offering investors the option to invest in SIPs (systematic investment plans) with as low as Rs 300 per day which would be available in five equity schemes
-
1 Budget, 9 Elections: Big Year To Test PM Modi, Says Foreign Media
PM Modi gave the highest ever allocation to a rural job guarantee program in the current year ending March, and spent more on providing houses, drinking water and building rural roads.
-
Rupee Up 9 Paise At 63.69, Climbs To New 1-Week High
The home currency though witnessed tight range-bound trade and moved between 63.61 and 63.73 most part of the day.
-
Government Unveils Details Of Rs 88,000 Crore Bank Recapitalisation Plan: 10 Points
IDBI Bank, the lender with the highest stressed-loan ratio, will get the biggest chunk of Rs 10,610 crore out of Rs 88,139 crore that the government is infusing in state banks.
-
Government May Allot Rs 500 Crore For Sugar Development Fund: Report
In recent years, SDF has been used to finance various interventions of the government to deal with the crisis in sugar industry.
-
Income Tax Exemption Limit Needs To Be Raised To Rs 3 Lakh: Report
The move will benefit around 75 lakh people, according to SBI's Ecowrap report.
-
Fiscal Consolidation Plan Likely To Continue: Report
"We expect the authorities to target FY19 fiscal deficit at 3 per cent of GDP, from a likely upward revised 3.4 per cent of GDP in FY18," Deutsche Bank said in a research note.
-
Mutual Fund Industry Assets Seen Hitting Rs 100 Lakh Crore in 10 Years
"People want to make money and they have understood the fact that only way to beat the inflation is investment in equity," said Mahindra AMC Managing Director and CEO Ashutosh Bishnoi.
