Watch this video to understand the importance of the advance estimates and what the projections indicate about various sectors of the economy.
I would not be surprised if the government sets a target of more than Rs 1 trillion for disinvestment proceeds, says Nikhil Gupta, chief Economist, Motilal Oswal Financial
One of the areas where people may be expecting relief is in house property taxation.
Moneycontrol's Jerome Anthony gets in conversation with Corporate Bureau Chief Prince Thomas to find out what India Inc is expecting from the government in Budget 2020.
There is usually a month-long break between the two phases of the Budget Session to allow parliamentary committees to examine budgetary allocations made to various ministries.
The trend continued to remain on the upside and we continue to maintain our bullish stance. One should use this correctives action as a buying opportunity for the upside target of 12,400-12,450 in the near term
The market may not like a balanced budget as the economy needs a strong push, which is possible only by way of higher government spending as private CAPEX is yet to pick up.
The meeting is expected to take stock of the banking sector and pushing loan growth, the sources said adding that the banks may be nudged to further cut interest rates to fully pass on transmission of the repo rate cut.
Sitharaman is likely to present her second Budget for the Modi 2.0 government in Parliament on February 1.
A senior RSS functionary said the organisation raised the issue at a meeting with Finance Minister Nirmala Sitharaman last month
The tax changes are a fundamental reset in India’s corporate history
With an estimated injection of Rs 10,000 crore by government, this window will be run by complete professional drawn from marketplace including banking and housing finance specialists.
Indian Bank and Allahabad Bank will have a total business of Rs 8.08 lakh crore which is around 1.9 times of Indian Bank before consolidation
Consultations with various ministries will follow for case-by-case dilution of these state-run companies below 51 percent.
FPIs were aiming for the conversion to gain relief from the surcharges announced in Budget 2019
The technological advancements made in the rail sector give a positive message but demand huge capital investment, which will require private participation.
Many FPIs exited the market after Finance Minister Nirmala Sitharaman announced surcharges for foreign investors in Budget 2019
The sale, being considered for October, would be in either the yen, euro or the dollar
The Appropriation (No 2) Bill, 2019 and the Finance (No 2) Bill, 2019 -- cleared by Lok Sabha last week -- were returned by the Rajya Sabha on July 23 after voice vote.
The government has asked states and UTs to induct more EVs into public transport and communicate by August 31 the steps being planned to promote faster adoption of EVs
The amendment, along with 28 others, were approved by a voice vote by the Lok Sabha, which passed the Finance Bill 2019.
The government's Nal Se Jal scheme for piped water supply alone may need Rs 6.3 lakh crore. For context, only 18.3 percent of rural households have piped water supply today
Increasing the FDI limit for intermediaries, reducing funds requirement for opening branches and providing thrust to local operations are helpful steps
Non-oil goods imports in June 2019 lower than in June 2017
Reducing import dependence and curbing non-essential imports means going back in time. The overarching need for the economy to simply become more globally competitive also seems to have got a bit eclipsed.