Budget Today

Micromax to launch new affordable smartphone today 

Jul 27, 2015 at 09:14 | Source:IBNLive.com

The company is also conducting an open sale of its Canvas Spark smartphone on July 27 and 28 on e-commerce giant Snapdeal after overwhelming sales of the handset that was launched in April. The budget smartphone costs Rs 4,999.

Yes Bank to raise over Rs 16,000 cr through equity, bonds 

Jun 08, 2015 at 07:50 | Source:PTI

Private sector lender YES Bank today said it will raise USD 1 billion (about Rs 6,400 crore) by fresh equity and Rs 10,000 crore through Non Convertible Debentures (NCDs) and bonds.

Service tax hike to 14% becomes effective today 

Jun 01, 2015 at 08:15 | Source:IBNLive.com

Finance Minister Arun Jaitley in his Budget had proposed to raise service tax from 12.36 percent (including education cess) to 14 percent. The proposal takes effect from June 1.The tax is levied on all services, expect a small negative list.

Higher service tax of 14% to come into effect from June 1 

May 19, 2015 at 21:57 | Source:PTI

The new service tax rate of 14 percent will come into effect from 1 June, government today said, in a move that will make eating out in restaurants, insurance and phone bills expensive, among many other things.

Budget session: Record productivity but GST, land bill fail 

May 13, 2015 at 21:00 | Source:PTI

The Budget session of Parliament concluded today with passage of record official business in recent years but the government failed to ensure passage of the controversial Land Acquisition Bill as also key reform measure of GST amid stiff resistance from opposition.

RS passes private member's bill for 1st time in 36 years 

May 13, 2015 at 20:12 | Source:PTI

The budget session in Rajya Sabha, which concluded today, witnessed the rare passage of a private member's bill on the rights of transgenders and a historic measure to operationalise the Land Boundary Agreement with Bangladesh.

Cong won't budge on Land Bill this time too: Pros 

Apr 21, 2015 at 12:16 | Source:CNBC-TV18

According to Shekhar Gupta, vice-chairman of India Today Group, the current Land Bill is a better version of the previous ones. Since the bill was pushed in early, it portrayed the government as arrogant.

Govt meets 4.1% FY15 fiscal deficit target: Sources 

Mar 31, 2015 at 18:45 | Source:CNBC-TV18

As the fiscal year, 2014-15, draws to a close today, the government has managed to contain its fiscal deficit at 4.1 percent of gross domestic product that it had outlined in the Budget last year and reiterated this year.

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

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