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Budget News 2012

Mar 12, 2014 at 21:17 | Source: PTI
"The government has envisaged an investment of USD 12.1 billion in the airport sector during the 12th plan period (2012-17), of which USD 9.3 billion is expected to come from the private sector for construction of new airports, expansion and modernisation of existing airports and development of low cost airports," Singh said.
Feb 17, 2014 at 18:01 | Source: Moneycontrol.com
P Chidambaram made all the right noises in the Vote on Account held today, but many say the finance minister's projections for revenue and expenditure next year are unattainable.
Feb 17, 2014 at 14:40 | Source: PTI
"The IT modernisation project of the Department of Posts with outlay of Rs 4,909 crore will be operational by 2015 in all 1.55 locations," the finance minister said. The IT modernisation project with this outlay was approved by Cabinet Committee of Economic Affairs in November 2012.
Feb 17, 2014 at 11:50 | Source: Moneycontrol.com
The CAD in the first half (April-September) of current fiscal narrowed to USD 26.9 billion (3.1 percent), from USD 37.9 billion (4.5 percent) in the first half of 2012-13.
Feb 12, 2014 at 17:07 | Source: Firstpost.com
While Kharge was not expected to raise passenger fares (politically unthinkable anyway) or freight (given the state of the economy), the numbers contained some good news nevertheless.
Dec 31, 2013 at 18:15 | Source: PTI
The fiscal deficit was 80.4 percent of the budget estimate at the end of November in 2012-13. The government has repeatedly asserted that the fiscal deficit would be restricted to 4.8 percent of GDP, down from 4.9 percent in 2012-13.
Nov 26, 2013 at 19:19 | Source: PTI
In 2012-13 fiscal, the plan expenditure was reduced by over Rs 90,000 crore to Rs 4.29 lakh crore, from Rs 5.21 lakh crore estimated in budget. This helped to contain fiscal deficit at 4.9 percent of GDP.
Oct 22, 2013 at 21:39 | Source: Reuters
Nonfarm payrolls increased 148,000 last month, the Labor Department said on Tuesday. While the job count for August was revised to show more positions created than previously reported, employment gains in July were the weakest since June 2012.
Sep 26, 2013 at 19:50 | Source: PTI
The GAAR provisions were introduced in the 2012-13 Budget by then Finance Minister Pranab Mukherjee to check tax avoidance and were to have come into effect from April 1, 2014. The proposal generated controversy, with investors apprehensive about harassment by tax authorities.
Aug 30, 2013 at 14:22 | Source: Moneycontrol.com
MCX has clarified that IBMA is not a Member of MCX and they had traded in the capacity of a client. As per the Company's records, IBMA volume as a percentage of total exchange turnover was 0.09% in FY2012-13 and 0.17% in FY2013-14. As on date the Exchange does not have any open position or pay-in / pay-out obligations with respect to IBMA.
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