Budget Today

Budget likely to boost demonetisation move: Ex-Nasscom chief 

Jan 19, 2017 at 18:40 | Source:PTI

Describing note ban as "a boldstep", former Nasscom Chairman B V R Mohan Reddy today saidthe upcoming Budget is likely to take steps to strengthen thedemonetisation initiative by easing liquidity in the systemand stimulating demand.

Cabinet clears proposal for listing 5 PSU general insurers 

Jan 18, 2017 at 16:00 | Source:PTI

The government today approved proposals for listing of five PSU general insurance companies as was announced in the Budget 2016-17.

Inflation up 3.39%, may rise further in Jan-Feb 

Jan 16, 2017 at 18:18 | Source:PTI

As wholesale prices rose 3.39per cent in December, India Inc today said the focus should beon growth-oriented reforms that boost consumption, investmentand job creation, while economists opined that inflation mayrise in January and February.

AP saw double digit growth this yr despite some odds: Minister 

Jan 11, 2017 at 18:30 | Source:PTI

"Performance-wise, this is a good year. Development and welfare happened very well and there is a positive result from the public," Yanamala told a press conference after a pre-budget meeting here today.

Govt replies to Election Commission on Budget issue 

Jan 11, 2017 at 07:48 | Source:PTI

Government today replied to theElection Commission on the opposition complaint againstpresenting the Union Budget before Assembly elections,defending its decision to advance the budget session for thepurpose.

Will present Motor Vehicles Bill in Budget Session: Gadkari 

Jan 09, 2017 at 14:02 | Source:PTI

Government today said it would try to present the Motor Vehicles (Amendment) Bill which proposes hefty penalties for violation of traffic norms in the upcoming Budget session, soon after it receives it from Parliament's Joint Select Committee.

Expect to place order for new planes this fiscal: SpiceJet 

Jan 06, 2017 at 21:34 | Source:PTI

Bullish on growth prospects, budget carrier SpiceJet today said it expects to complete negotiations and place orders for new aircraft this fiscal ending March.

FinMin seeks Twitterati vote on focus of Budget 2017-18 

Jan 06, 2017 at 17:24 | Source:PTI

With less than a month remaining for budget presentation, Finance Ministry today invited suggestions from Twitterati on what should be the focus of the Budget for 2017-18 to be unveiled on February 1.

Sensex, Nifty may be positive; IT stocks in focus 

Jan 06, 2017 at 08:00 |

The central statistical organisation, the country's apex data body, will give an advance estimate of FY17 GDP with a disclaimer today, that it doesn't include the demonetisation impact. This might put the Finance Ministry in a bind as Budget calculations will be hampered.

Govt may up farm credit target to Rs 10-12lakh cr in FY18: PwC 

Jan 05, 2017 at 18:34 | Source:PTI

The government may announce increase in agri-credit target to Rs 10-12 lakh crore in the 2017-18 Budget and even reduce the interest rates considering excessive cash flow in banks after demonetisation, consulting and accounting firm PwC India said today.

Experts advise treading cautiously ahead of Budget, elections 

Jan 05, 2017 at 17:29 | Source:CNBC-TV18

In the fourth day running, the mid cap index gave a good performance and the Bank Nifty led the way. Market turned out to be strong in the last hour of trade today. However, market experts advise treading cautiously as the next month is full of key events like the Union Budget and state elections.

Rationalise taxes, simplify procedures in Budget: Ficci 

Jan 04, 2017 at 20:56 | Source:PTI

Finance Minister Arun Jaitley should use the forthcoming Budget to rationalise taxes and simplify the procedures to boost economic activity, new Ficci President Pankaj R Patel said today.

Mitra walks out of pre-Budget meet,cites 'financial emergency' 

Jan 04, 2017 at 20:56 | Source:PTI

A day after his party's leader in Lok Sabha, Sudip Bandyopadhyay, was arrested by CBI, West Bengal Finance Minister Amit Mitra today staged an angry walkout from a pre-Budget meeting saying there was 'financial emergency and 'political environment of fear' in the country.

Tax collection to exceed budget estimates this fiscal: Jaitley 

Jan 04, 2017 at 20:16 | Source:PTI

Finance Minister Arun Jaitley today expressed confidence that direct and indirect tax mop-up will surpass Budget estimate of Rs 16.3 lakh crore by March-end.

Noteban: BofA-ML sees RBI surplus payout at Rs 50,000 cr 

Jan 04, 2017 at 16:02 | Source:PTI

"How much can budget 2017 raise from the demonetisation drive? Rs 1,500 billion, we estimate, down from Rs 2,000 billion earlier," Bank of America-Merrill Lynch said in a note today.

No constitutional clash if polls happen close to Budget: Ranina 

Jan 04, 2017 at 15:16 | Source:CNBC-TV18

The Election Commission today announced dates for the 5 states that go to polls this year. Questions have now been raised if it creates a constitutional problem since the Union Budget is already slated to be presented on February 1.

Restore weighted deduction of 200% on R&D expenses: ACMA 

Jan 03, 2017 at 17:30 | Source:PTI

Automotive component makers body ACMA today asked the government to restore weighted deduction of 200 per cent on R&D expenditure as part of its Budget wish-list for 2017-18.

USDINR is expected to appreciate: Angel Broking 

Jan 02, 2017 at 12:14 |

According to Angel Broking, In todays trading session, USDINR is expected to appreciate as the recent budget - like address to the nation on the eve of New Year by PM Narendra Modi will most likely keep the domestic markets and its currency positive.

PM offered no immediate relief: Maha Cong chief Ashok Chavan 

Jan 01, 2017 at 12:46 | Source:PTI

Maharashtra Congress chief Ashok Chavan today termed Prime Minister Narendra Modi's televised address to the nation as an act of "dangling the carrot."

Cigarette stocks jump on Budget hopes; ITC up on price hike 

Dec 27, 2016 at 16:21 | Source:CNBC-TV18

Diversified conglomerate ITC Ltd was the top gainer in the trade today and was up 3 percent. The stock went up on the back of 14-15 percent price hike in two of its product offerings that is 69 mm cigarettes and 74 mm cigarettes.

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