Jaitley emphasised the importance of toilets, saying it improves villagers' quality of life.
Finance Minister Arun Jaitley analyses the achievements of the Modi government and explains how India’s image has changed.
The finance minister said that he will be able meet the funding requirement through the 1 percent increase in education cess on income tax and the newly re-imposed long term capital gains tax.
Finance Minister Arun Jaitley has ruled out advancing the Lok Sabha elections
Subhash Chandra Garg, secretary, department of economic affairs tells Moneycontrol in an interview that the group on crypto assets under his chairmanship will submit its report in the next two months covering the entire spectrum. Excerpts:
In an exclusive interview to News18 Network, the Finance Minister also allayed fears of bank closures saying that shutting down is not an option for banks.
The finance minister said that India can achieve double digit growth rates under two conditions -- if the revenue levels rise, pushing up spending capacity, and if there is a sustained global boom.
Niti Aayog member and architect of the scheme Vinod Kumar Paul has said that the additional 1 percent health and education cess would be sufficient to meet the cost of the scheme.
A reading of the budget papers, which gives a sector-wise break-up, details how the numbers stack up.
The Union Budget 2018-19 has left the environment sector in the lurch as it is "neither populist nor helping 'Ease of Doing' business", with the government's special scheme to combat air pollution being "without any substance", says SANDRP, a network working on issues related with water sector.
Expressing his steely resolve, the Finance Minister asserts his commitment to gradually phase out corporate tax exemptions
The South Asia Network on Dams, Rivers and People (SANDRP) said the budget had a "lacklustre" approach towards the crucial sector.
Finance Minister Arun Jaitley would be addressing the market regulator's board as part of customary practice after presentation of Union Budget.
Rising interest rate will impact FY19 earnings growth expectation for Nifty as EPS of financial stocks would be negatively impacted.
Nifty should consolidate around 10,700-10,800 in the upcoming weeks but we retain our year-end target of 12,200-12,400 for the broad indices.
The current price of crude oil, at USD 70, was in the outer periphery of India’s comfort threshold.
In an interview to CNBC-TV18, Agriculture Secretary, SK Pattanayak said that he is confident that the sector will continue to grow at over six percent in FY19.
To analyse the impact of Budget 2018 on the agricultural sector, CNBC-TV18’s Manisha Gupta caught up with Atul Chaturvedi, President of Solvent Extractors' Association and Sudhakar Tomar, MD of Hakan Agro.
This move may prompt mutual fund houses to promote growth option of equity mutual funds over dividend option offered by equity schemes.
The week's highlight across sectors ended with the Union Budget 2018 announcement on Thursday.
"Greed & Fear are the emotions which override rational thinking and today we’ll learn about how to get rid of one of them called ‘Fear’. Correction in a bull market is what everyone ‘desires’ to buy but most investors miss on the opportunity and end up waiting for a better price or they buy too early and lose," says Shubham Agarwal of Quantsapp Private Limited.
Whilst macro changes need to be kept in mind, we build our portfolios predominantly on the BMV (Business, Management and Valuation) philosophy, identifying companies with superior and sustainable earnings growth, Ritesh Jain, CIO, BNP Paribas Mutual Fund, said in an exclusive interview with Moneycontrol’s Kshitij Anand.
Nadda said no date for the roll out of the scheme had been fixed, but it would be done "very soon".
"The normal sharing formula for Centre and states is 60:40, but for this particular scheme, many states have started doing it to some extent. That exact formula will also be worked out,” said Subhash Chandra Garg, Economic Affairs Secretary.
If the flagship National Health Protection Scheme is properly implemented and monitored, we would have taken an important step in creating a Swasth Bharat, says Apollo Hospitals MD Suneeta Reddy.