Moneycontrol News Archive

Budget offers RBI more leg-room on monetary policy front

28th February, 2011 22:29

Reserve Bank Deputy Governor Subir Gokarn welcomed the budget proposals to check fiscal deficit by keeping a tab on the subsidy bill, saying they are the right ste

Gems, jewellery firm unhappy with duty on branded products

28th February, 2011 22:29

Gems and jewellery industry today expressed disappointment over reintroduction of 1% excise duty on branded jewellery in the Union Budget and called for a rollback

FY12 borrowing not a challenge: RBI

28th February, 2011 21:51

The Reserve Bank of India (RBI) does not see any challenge in managing the borrowing programme for fiscal year 2011/12, a deputy governor said, after the governmen

Over 35% hike in budget for Department of Space

28th February, 2011 21:50

Budget for India's Space strides was today hiked by little over one third of its last year's allocation with the human space flight and Chandrayaan-II cornering ha

Budget 2011: Pranab's core team explains the fineprint 

28th February, 2011 21:26

In an interview with CNBC TV18, revenue secretary Sunil Mitra, secretary of economics affairs R Gopalan, S Dutt Majumder, Chairman, CBEC and Sudhir Chandra, Chairm

Pranab may be missing the bus again on GST: Raghav Bahl

28th February, 2011 20:28

The 2011 Budget raises many hopes and ideas but is not clear about how it is going to achieve stated objectives like replacing subsidies with cash or ensuring furt

Budget 2011-12: Aggressive & Forward Looking: Vikram Kotak

28th February, 2011 20:17

In the Union Budget 2011-12, the Finance Minister articulated its commitment to fiscal consolidation, infrastructure development, agriculture growth and enhancing

FIIs will provides a fillip to Indian mutual fund industry

28th February, 2011 20:13

Union Budget 2011-12 on Mutual Fund Industry by Sushmita Ghatak, Executive Director & Chief Operating Officer, ICRA Online.

Govt may overshoot expenditure targets: Credit Suisse

28th February, 2011 20:09

On paper, the government’s plan to meet fiscal consolidation targets looks impressive, but it’s unlikely that ambitious cuts in non-Plan expenditure will be realis

CBI allocation declines by about 9% in budget

28th February, 2011 20:00

The budgetary allocation for the CBI has declined by about 9% as compared to last fiscal.

No special benefit in I-T exemption limit to women: FM

28th February, 2011 19:55

New Delhi, Feb 28 (PTI) Finance Minister Pranab Mukherjee today kept the income tax exemption limit unchanged for women at Rs 1.90 lakh while increasing it for men

Union Budget: Eastern Region poised for Green Revolution

28th February, 2011 19:47

Seeking to usher in a Green Revolution in the Eastern region, including Finance Minister Pranab Mukherjee's home state West Bengal, the Union Budget today announce

FY12 will be a tale of two halves for Indian market

28th February, 2011 19:46

Reaction on Budget 2011-12 by Tarun Bhatia, Director – Capital Markets, CRISIL Research.

Tax revenue to grow by 18.5% to Rs 9.3 lakh cr in FY12

28th February, 2011 19:43

The government today said the total tax revenue in 2011-12 would be up 18.50% at Rs 9,32,439.88 crore, on the back of projected rise in revenue from taxes on incom

Bicycle industry seeks removal from central excise net

28th February, 2011 19:37

Battling high input costs, the country's oldest bicycle cluster in Ludhiana today received a jolt, with Union Budget proposing to bring the sector under central ex