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Budget Today

No disconnect between RBI and government: Jaitley 

Mar 22, 2015 at 13:41 | Source:PTI

Scotching murmurs of differences between the government and the RBI over regulation of money market, Finance Minister Arun Jaitley today said there is no 'disconnect' between the two and hoped banks would follow the central bank in reducing interest rates.

GoAir offers discount on fares, lowest at Rs 999 

Mar 21, 2015 at 16:22 | Source:PTI

The bookings for the three-day offer commence today. The fares, offered under the scheme are non-refundable and available only for a limited number of seats, the airline said in a statement today.

GST, land bill top priority when Parliament resumes: FM 

Mar 21, 2015 at 15:24 | Source:CNBC-TV18

The governments focus would be on pushing through the Land Acquisition Bill as well the goods and services (CST) constitutional amendment when the Parliament resumes following a recess from today in the Budget session, Finance Minister Arun Jaitley told CNBC-TV18 in an interview.

MMDR, Coal bills to come up for debate in Rajya Sabha 

Mar 19, 2015 at 18:49 | Source:CNBC-TV18

If these bills are not cleared today, the government will extend the ongoing first half of the Budget session by a couple of days.

RBI cuts repo rate 25 bps, says govt on right fiscal path 

Mar 04, 2015 at 08:55 | Source:Moneycontrol.com

In a surprise move, the Reserve Bank of India (RBI) today cut the benchmark repo rate by 25 basis points to 7.5 percent. Analysts said the out-of-cycle interest-rate cut confirms the central bank has definitively embarked on its much-awaited easing cycle.

Budget impact: Nifty ends at record closing highs; Oil & IT stocks soar 

Mar 03, 2015 at 14:00 | Source:Moneycontrol.com

TCS, Reliance were top contributors to Nifty gain today. Cipla, Bajaj Auto and HDFC were other gainers in the Sensex. Losers include Coal India, M&M, Axis Bank, Tata Motors and NTPC.

Indian Rupee trade sideways today: Angel Broking 

Mar 02, 2015 at 10:31 | Source:Moneycontrol.com

Accordint to Angel Broking, Indian Rupee will trade sideways today as higher fiscal deficit target in the budget will exert pressure. However, optimism in Asian equities after rate cut from china will be supportive.

Jaitley gave Rs 2L crore bonanza to corporates: Chidambaram 

Mar 02, 2015 at 09:11 | Source:PTI

"Budget is very pro-corporate India. You know the cost of this corporate bonanza, in the first year, it is Rs 20,000 crore, in second year Rs 40,000 crore, in third year Rs 60,000 crore and in the fourth year Rs 80,00 crore," former Finance Minister Chidambaram told Headlines Today in an interview.

Nifty at 9000 today? 

Mar 02, 2015 at 08:52 | Source:Moneycontrol.com

Today the real test for the Budget would be and in that case, it is interesting because this Budget does a lot for FIIs, it is an open invitation to the FIIs that look you are the one community we want, you are the one community which is welcome, whether the general anti-avoidance rule (GAAR) has been postponed.

Budget 2015-16: Welcome move on gold related news: Thomas John Muthoot 

Feb 28, 2015 at 19:11 | Source:Moneycontrol.com

Thomas John Muthoot, Chairman and Managing Director, Muthoot Fincorp is of the view that all three gold related announcements made by FM in today's budget are towards bringing out the locker gold into the formal system and facilitate transparency in the recycling sector and also reduce the dependency on imports.

Budget 2015 India: Air travel becomes costly, AI to get Rs 2500cr 

Feb 28, 2015 at 18:00 | Source:PTI

Union Finance Minister Arun Jaitley today announced hike in service tax from 12.36 percent to 14 percent for travel by air in first and business class in the Budget, making it costlier.

'Budget looks balanced and proposes steady growth ahead' 

Feb 28, 2015 at 16:17 | Source:Moneycontrol.com

While welcoming the Union Budget presented today, Pradeep Jain, chairman, Parsvnath Developers is a bit disappointed for not getting infrastructure status

M&E sector sees no major boost in Budget proposals 

Feb 28, 2015 at 16:16 | Source:Moneycontrol.com

Service by way of admission to exhibition of the cinematographic film, circus, dance, or theatrical performances including drama, ballets or recognized sporting events shall continue to be exempt.

Budget supports growth of capital markets 

Feb 28, 2015 at 16:16 | Source:Moneycontrol.com

The 2015-16 budget presented today, is very progressive budget, which has measures on one hand to propel India to a new trajectory of growth, and on the other, seeks to provide support to the weaker sections of society.

Union Budget 2015: Hail bankruptcy code; it will aid banks, says Tata Steel 

Feb 28, 2015 at 15:40 | Source:CNBC-TV18

In an interview to CNBC-TV18, Kaushik Chatterjee of Tata Steel shares his views on the Union Budget 2015-16 announced today.

Union Budget 2015: Workers may get to opt between EPF&NPS; ESI&life insurance 

Feb 28, 2015 at 14:50 | Source:PTI

The proposal to provide these options to organised sector workers was announced today by the Finance Minister Arun Jaitley in his Budget speech for 2015-16. It is also proposed that for workers getting wages below a certain threshold, contribution to EPF (Employees' Provident Fund) will be optional.

Commodity regulator FMC to be merged with Sebi: Jaitley 

Feb 28, 2015 at 12:34 | Source:PTI

Presenting his maiden full-fledged Budget today, Finance Minister Arun Jaitley said the Government would merge "FMC with Sebi".

Union Budget 2015: FM says to introduce India-made gold coins, gold bonds 

Feb 28, 2015 at 12:19 | Source:Moneycontrol.com

In a bid to further cut down on imported gold, Finance Minister Arun Jaitley said the government will introduce India-made gold coins. These will be branded with Ashok Chakras, Finance Minister Arun Jaitley said today.

Union Budget 2015: Arun Jaitley allocates Rs 33,150 cr for healthcare sector 

Feb 28, 2015 at 12:17 | Source:Moneycontrol.com

Finance Minister Arun Jaitley allocated Rs 33,150 crore for the healthcare sector today. However, once again he disappointed the pharmaceutical industry with no major announcements.

Union Budget 2015: Govt to allocate Rs 25K cr for rural infra, says FM Jaitley 

Feb 28, 2015 at 11:43 | Source:Moneycontrol.com

Finance Minister Arun Jaitley in his maiden full year Budget for the Modi government today allocated Rs 25,000 crore for rural infrastructure. The minister said government will consider scaling up of divestment target for the coming year.

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