Budget Today

Budget session of Maharashtra Legislature begins today 

Mar 06, 2017 at 09:58 | Source:PTI

The BJP's decision not to contest the elections for the posts of Mayor and Deputy Mayor in the Brihanmumbai Municipal Corporation (BMC), where it won just two seats less than the Sena in the just-concluded Mumbai civic polls, is likely to ease strains in relations between the two saffron parties.

NPAs at record high: PAC for naming and shaming defaulters 

Mar 05, 2017 at 15:02 | Source:PTI

As NPAs of public sector banks soared to a staggering Rs 6.8 lakh crore, the chairman of a key Parliamentary panel today favoured naming and shaming corporate houses which default on repayment of bank loans.

'Indian Railways plan to save energy worth Rs 41,000 crore' 

Mar 05, 2017 at 11:44 | Source:PTI

Union Railway Minister Suresh Prabhu today said his Ministry has drawn up an action plan to save energy worth Rs 41,000 crore over the next ten years.

Railways has sanctioned projects worth Rs 13,500 cr for NE 

Mar 03, 2017 at 19:24 | Source:PTI

The Railways has sanctioned projects worth Rs 13,500 crore for the North East in this year's budget, Union Minister of State for Railways Rajen Gohain said today.

EC bars CSO from releasing state-specific data during polls 

Feb 28, 2017 at 21:02 | Source:PTI

The CSO, which released the quarterly GDP figures today, has been barred by the Election Commission from releasing any state-specific data during the ongoing assembly elections lest it should influence voting pattern.

Fiscal Deficit: April-Jan deficit at 105% of FY17 estimate, at Rs 5.64 lakh cr 

Feb 28, 2017 at 17:12 |

The fiscal deficit for April top January period came at 5.64 lakh crore as against Rs 5.32 lakh crore year-on-year (YoY). The fiscal deficit for the period is 105.7 percent of the FY17 Budget estimate.

GDP growth, full year estimates today: 4 things to watch out for 

Feb 28, 2017 at 08:21 |

Amid signs of slide in consumer goods sales and muted investment activity because of the cash crunch, it is highly likely that the CSO will sharply revise downwards Indias GDP growth in its second advance estimates.

Trump's budget to hike defence spending by $54 bn, cut aid 

Feb 28, 2017 at 07:50 | Source:PTI

Addressing governors from across the country, Trump said he would provide more details about the budget in his maiden joint address to the US Congress today night.

Sebi wants more 'clarity' on LTCG tax 

Feb 27, 2017 at 20:40 | Source:PTI

Sebi wants more clarity on imposition of 10 percent Long Term Capital Gains (LTCG) tax proposed in the Union Budget, Chairman U K Sinha said today while asserting that the regulator would not allow market manipulation by those abusing tax exemptions.

Lower govt borrowings to help bond market: SEBI official 

Feb 21, 2017 at 15:08 | Source:PTI

"The government has expressed its decision to adopt the path of fiscal rectitude. Thus the previous government borrowings figure of Rs 5.80 lakh crore has been pared to Rs 3.48 lakh crore. This leaves of a gap of more than Rs two lakh crore," SEBI wholetime member G Mahalingam said at an Assocham seminar here today.

Sebi evolving as per needs of economy: Jaitley 

Feb 11, 2017 at 12:48 | Source:PTI

Finance Minister Arun Jaitley today said Sebi is evolving as per the requirements of the economy and markets as a professional organisation, as he discussed his Budget initiatives with the markets regulator.

Puravankara Q3 profit up 15% at Rs 20 cr 

Feb 10, 2017 at 19:50 | Source:PTI

Realty firm Puravankara Ltd today reported 15 percent increase in its net profit at Rs 20.09 crore for the quarter ended December, even as its revenue declined.

Cong to boycott PM in Parliament over 'raincoat' jibe 

Feb 09, 2017 at 19:52 | Source:PTI

Enraged by his "raincoat jibe" against Manmohan Singh, Congress today announced that it will boycott Prime Minister Narendra Modi in Parliament during the entire budget session and will try to bring on board other opposition parties too.

State funding of polls not practical, says Govt 

Feb 09, 2017 at 19:32 | Source:PTI

Government today dismissed the suggestion for State funding of elections, saying it is not practical in the Indian context, even as it expressed openness to modify the Budget proposal for capping cash donations at Rs 2000 per source and issuing electoral bonds.

Note ban 'most terrible' decision of Modi Govt: Chidambaram 

Feb 09, 2017 at 17:10 | Source:PTI

Opposition in Rajya Sabha today tore into the government for presenting a "disappointing" budget, with Congress leader P Chidambaram terming note ban as the "most terrible" decision and alleging that graft and black money have continued to thrive and large sections adversely affected.

SpiceJet launches all-new ensemble for cabin crew 

Feb 06, 2017 at 21:50 | Source:PTI

The SpiceJet is going in for an image makeover with its strong workforce switching to a "redder, hotter and spicier" new uniform starting today, a release said.

Rate hopes fuel Budget rally, Sensex hits 4-month high 

Feb 06, 2017 at 17:20 | Source:PTI

The Budget-induced optimism got a leg to stand on as the Sensex today pushed higher for the fourth day by scoring 199 points to close at 28,439 -- a 4-month high -- after hopes built up that RBI might go in for a rate cut at the Wednesday's policy meet.

Budget 2017 has nothing on job creation: Chidambaram 

Feb 03, 2017 at 22:36 | Source:PTI

Former Finance Minister P Chidambaram today said the Union budget had "nothing" on job creation.

Post Budget, PSU banks more attractive: Tulsian 

Feb 03, 2017 at 19:23 | Source:CNBC-TV18

The BSE today had a stellar listing on the NSE at Rs 1089, up 35 percent over the issue price of Rs 806. SP Tulsian of, however, is not convinced with its valuation on back of low growth.

Market may pause after Budget rally; BSE to list today 

Feb 03, 2017 at 07:58 |

Indian equities are likely to start off on a soft note today taking a breather from the two-day post-Budget rally which led the Sensex closing at a 4-month high Thursday. Indicator SGX Nifty was up 19 points at 8753.50.

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