Union Budget

EXIM Bank plans to raise Rs 13,000 crore in FY16 

Mar 05, 2015 at 19:20 | Source:PTI

The bank's major business contributors was southern African countries contributing 40 percent followed by SAARC countries about 30 percent while remaining across various geographies.

GST will transform India's fiscal architecture: Sinha 

Mar 05, 2015 at 18:30 | Source:PTI

India opened up its economy to the private sector in 1991. The 14th Finance Commission has recommended higher share to the states in central taxes. It suggested to increase shares of states to 42 percent from current 32 percent.

PM slams opposition for blocking passage of Land Bill in RS 

Mar 05, 2015 at 18:18 | Source:PTI

The Prime Minister also laid the foundation stone of two units of 660 MW each under the project's second phase. Modi said that he had asked the opposition to suggest ways to improve the land bill, but it did not respond. "I am not anti-farmer.

Budget 2015: TDS provisions for individual tax payers make it taxing 

Mar 05, 2015 at 17:51 |

Union budget has proposed to deduct tax at source on interest in excess of Rs 10000 earned on fixed deposits across branches of bank

Weekly wrap: Indices rise slightly, but shares look overbought for now 

Mar 05, 2015 at 17:12 |

Equity benchmarks crawled higher during the week as investors reacted positively to the Budget. The out of turn repo rate cut (of 25 basis points) by the RBI on Wednesday lifted Sensex and Nifty to record highs, but profit taking pared gains.

Budget 2015-16: Aimed at direly needed disinflationary growth, says Citi 

Mar 04, 2015 at 21:51 | Source:CNBC-TV18

Pankaj Vaish, MD & HD - Mkts (South Asia), Citi says one shouldn't get too hung on the ieda of what the fiscal deficit will stand at at the end of three years.

Govt launches public contest on advice for PMO mobile app 

Mar 04, 2015 at 17:52 | Source:PTI

Prime Minister Narendra Modi had launched the website to provide a platform to citizens to share their views and opinions on important issues such as clean Ganga or skill development.

Bouyant macros aiding direction, equities underowned: Emkay 

Mar 04, 2015 at 14:48 | Source:CNBC-TV18

Sachin Shah, Fund Manager, Emkay Invst Managers gives an overview of the market while advising investors what to expect after taking into account the ground situation.

Rate cut to help lower EMIs: Sinha 

Mar 04, 2015 at 11:43 | Source:PTI

Expecting a near-term boost to economy from RBI's rate cut, Minister of State for Finance Jayant Sinha on Wednesday said the decision should bring down the loan EMIs significantly and there is room for further easing of rates.

Equity Mutual Funds gain as markets closed higher 

Mar 04, 2015 at 10:01 |

Equity Mutual Funds ended positive as the market gained positive momentum for the second consecutive session on Tuesday, especially post Union Budget led by Reliance Industries, TCS and HDFC.

7 reasons why RBI cut repo rate by 25 bps pre-Apr 7 policy 

Mar 04, 2015 at 09:15 |

By cutting the repo rate, the RBI has shown faith in the fiscal consolidation measures outlined by Finance Minister Arun Jaitley in the Union Budget on Saturday

Budget should not be kept secret anymore: Sinha 

Mar 03, 2015 at 20:29 | Source:PTI

Now, this tradition needed to be broken, Sinha said. Once the DTC and GST were introduced, the entire Budget Speech would become irrelevant, he said. Sinha said that the practice should be that the Finance Minister should make some proposals in the Budget which should then be discussed in Parliament and then finalized at a later session.

Union Budget 2015: Key concerns of the telecom Industry remain unanswered 

Mar 03, 2015 at 18:52 |

Though FM's tax proposals are expected to have positive impact on corporate tax payers in general, telecom sector's demands such as rationalisation of amended royalty provisions are not addressed to

Union Budget 2015: More stable and sustainable tax regime for corporates 

Mar 03, 2015 at 18:32 |

FM proposed to reduce the rate from 30% to 25% over next 4 years. However, for next year (i.e. FY 2015-16) no change in the rate is done.

Union Budget 2015: Focussed on infrastructure and institution building 

Mar 03, 2015 at 17:58 |

Finance Minister has done a fine job of prioritising the wish list based on the impact on growth and inflation

Union Budget 2015: TDS rules on fixed deposit interest become more stringent 

Mar 03, 2015 at 17:08 |

The budget proposes to make present TDS limit for tax deduction applicable in respect of fixed deposits with all the branches taken together, as compared to each branch earlier

Reliance Ind, TCS, HDFC drive Nifty to record closing high 

Mar 03, 2015 at 16:46 |

The market gained positive momentum for the second consecutive session on Tuesday, especially post Union Budget. The 50-share NSE Nifty surpassed another milestone, the 9000-mark led by Reliance Industries, TCS and HDFC.

Ford India sales rise 2.63% in February 

Mar 03, 2015 at 15:02 | Source:PTI

The company said exports during the month stood at 6,617 units as compared to 5,454 units in February 2014.

Union Budget 2015: Nothing meaningful as compared to what was expected 

Mar 03, 2015 at 12:09 |

Finance Minister offered few tax benefits in Union Budget to the tax payers as compared to what was expected by them

Infra creation through irrigation to rise: Jain Irrigation 

Mar 03, 2015 at 10:24 | Source:CNBC-TV18

In an interview to CNBC-TV18, Jain said his company has a 50 percent share in drip irrigation and he sees huge potential in this segment in the coming days.

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