Nov 24, 2015 at 18:17 | Source: SME Mentor
"In the last six months, the ministry has implemented as many as 103 of Budget announcements" says Suresh Prabhu
Nov 20, 2015 at 20:07 | Source: PTI
The 7th Pay Commission yesterday recommended increase in remuneration of about one crore government employees and pensioners which is estimated to impose an additional burden of Rs 1.02 lakh crore in 2016-17.
Nov 20, 2015 at 17:43 | Source: PTI
The recommendations that will benefit 47 lakh central government employees and 52 lakh pensioners, will lead to an additional outgo of Rs 73,650 crore from the Union Budget and Rs 28,450 crore from Railway Budget.
Nov 20, 2015 at 15:58 | Source: PTI
Considering the rise in wage expenditure by 0.5 percent of GDP next fiscal and a likely reduction in corporate tax rate, the central government's target to reduce fiscal deficit from 3.9 percent of GDP this fiscal year to 3.5 percent in 2016-17 becomes even more challenging.
Nov 05, 2015 at 10:07 | Source: CNBC-TV18
Mahesh Patil of Birla Sun Life AMC does not see Bihar election outcome impacting the markets much. However, if there is any correction in the market post Bihar polls, investors should use it as a buying opportunity, he adds
Nov 05, 2015 at 08:16 | Source: PTI
The rail budget outlay for Odisha has been enhanced in the 2015-16. While in 2014-15, Odisha got Rs 1073 crore, it was Rs 3310 crore in 2015-16.
Nov 04, 2015 at 18:46 | Source: PTI
"A depreciating rupee, weak consumer demand showing up in sluggish sales, muted wage growth, impact of turbulence in global markets are certain key factors forcing corporates to slash their Diwali gift budgets significantly," the survey said.
Oct 28, 2015 at 18:15 | Source: CNBC-TV18
Bottomline may be impacted due to lower other income (absence of dividend from Pipavav Railway Corporation), and higher depreciation & amortisation cost. However, reduced finance cost may aid bottomline on repayment of loans in FY15.
Oct 19, 2015 at 15:23 | Source: PTI
NITI Aayog Vice-Chairman Arvind Panagariya, Chief Economic Adviser Arvind Subramanian and Reserve Bank Deputy Governor Urjit Patel were present. Besides, the meeting was attended by Finance Secretary Ratan P Watal, Economic Affairs Secretary Shaktikanta Das, Revenue Secretary Hasmukh Adhia and Financial Services Secretary Anjuly Chib Duggal.
Oct 17, 2015 at 16:14 | Source: CNBC-TV18
Railway Minister Suresh Prabhu says the Ministry has implemented almost 99 percent of the announcements made in Union Budget.