Budget carrier IndiGo today said it would comply with the Supreme Court order and shift some of its flights to T2 terminal at Delhis Indira Gandhi International airport in the coming weeks. On Friday, the apex court rejected IndiGos plea challenging a Delhi High Court order to shift its operations partially from Terminal 1 (T1) of the IGI Airport here to Terminal 2 (T2).
Keeping with the announcement made by Jammu and Kashmir Finance Minister Haseeb Drabu in his budget speech, the state's Finance Department today released 50 per cent of the Rs 95,666.97 crore budget allocation for 2018-19.
Kothapalli Geetha, a Lok Sabha member from Andhra Pradesh, today accused the Telugu Desam Party (TDP) of "misguiding" people of the state on budget allocations and said it was blaming the BJP-led Centre to conceal its inefficiency.
The TDP today said its alliance with the BJP in Andhra Pradesh and the Centre was very much alive, following speculation that the party was disgruntled over the "raw deal" that the state got in the Union Budget.
"Greed & Fear are the emotions which override rational thinking and today well learn about how to get rid of one of them called Fear. Correction in a bull market is what everyone desires to buy but most investors miss on the opportunity and end up waiting for a better price or they buy too early and lose," says Shubham Agarwal of Quantsapp Private Limited.
The rupee today extended its losses for the second straight session, weakening by 4 paise at 64.06 a dollar as forex traders appeared cautious in view of upward revision of fiscal deficit target and the net borrowing for the current fiscal in yesterday's Union Budget.
The UK India Business Council (UKIBC) today welcomed the Budget proposals and said that the government's Rs 80,000 crore disinvestment and 3.3 per cent of fiscal deficit targets for 2018-19 are achievable.
Tax-free income for salaried class and pensioners has been raised to Rs 2.9 lakh by way of a Rs 40,000 standard deduction and not by hiking exemption limit as the government wanted the benefit to accrue to honest tax payers, Finance Secretary Hasmukh Adhia said today.