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  • Budget 2013 Highlights: Rs 500cr to SIDBI to act guarantee, Rs 2,400 cr for TUFS Feb 28, 2013 11:57 AM IST

    Budget 2013 Highlights: Rs 500cr to SIDBI to act guarantee, Rs 2,400 cr for TUFS

    The Budget has allocated Rs 500 crore to SIDBI to act guarantee to factoring funds. The finance minister will increase refinancing of SIDBI to help MSMEs and will allot Rs 2,400 crore for textile technology upgradation.

  • Budget 2013: FM proposes Rs 14,000 cr capital support to banks in FY14 Feb 28, 2013 11:56 AM IST

    Budget 2013: FM proposes Rs 14,000 cr capital support to banks in FY14

    The Union Budget 2013-14 proposed to provide a sum of Rs 14,000 crore capital support to all public sector banks. This will help maintain their minimum tier – I capital of 8% under Basel III. In turn, lenders can expand their loans maintaining the growth in the balance sheet. During FY13, GOI had budgeted for Rs12,000 crore.

  • Union Budget 2013 - 14: Natural gas pricing policy to be reviewed Feb 28, 2013 11:53 AM IST

    Union Budget 2013 - 14: Natural gas pricing policy to be reviewed

    Finance Minister P Chidambaram said the natural gas pricing policy will be reviewed. He also said that five LNG terminals in Dabhol will be operational in 2013-14.

  • Budget 2013: FM allows Rs 1 lakh interest deduction for low cost housing Feb 28, 2013 11:51 AM IST

    Budget 2013: FM allows Rs 1 lakh interest deduction for low cost housing

    The Finance Minister - P Chidambaram proposed to allow an additional tax deduction of Rs 1,00,000 on interest rate for home loans upto Rs 25 lakh. The Union Budget 2013 aimed to give more boost in low cost housing segment.

  • Ashok Ley up 2% as govt allocates Rs 14,873 cr to JNNURM Feb 28, 2013 11:48 AM IST

    Ashok Ley up 2% as govt allocates Rs 14,873 cr to JNNURM

    P Chidambaram allocated amount of Rs 14,873 crore to Jawaharlal Nehru National Urban Renewal Mission (JNNURM), which will be positive for Ashok Leyland and Tata Motors.

  • Union Budget 2013 - 14: FM assures low cost infra funds, 3000 kms new road projects Feb 28, 2013 11:47 AM IST

    Union Budget 2013 - 14: FM assures low cost infra funds, 3000 kms new road projects

    The Finance Minister P Chidambaram has announced 3000 kms of road projects in 2013-14 in various states in Gujarat, Maharashtra, Rajasthan and Andhra Pradesh. He also said committees will be set up to fast- track stalled and even new projects.

  • Budget 2013: Rs 25,000cr via tax-free bonds will be raised in FY14 Feb 28, 2013 11:47 AM IST

    Budget 2013: Rs 25,000cr via tax-free bonds will be raised in FY14

    The finance minister has announced that infrastructure debt funds (IDFs) are encouraged to promote investment in infrastructure. An amount of Rs 55 lakh crore has been earmarked for infrastrucutre in the 12th Plan.

  • Live Budget 2013-14: FM enhances reach of Rajiv Gandhi Eq scheme Feb 28, 2013 11:44 AM IST

    Live Budget 2013-14: FM enhances reach of Rajiv Gandhi Eq scheme

    In a bid to boost retail investors' participation in the capital markets, the Finance Minister - P Chidambaram expanded the reach of Rajiv Gandhi Equity Savings Scheme, a programme that allows tax breaks to first-time stock market investors.

  • Govt to make regulatory authority for road, IRB Infra up 4% Feb 28, 2013 11:43 AM IST

    Govt to make regulatory authority for road, IRB Infra up 4%

    IRB Infrastructure Developers gained nearly 4 percent to Rs 122.30 on Bombay Stock Exchange as the government decided to make regulatory authority for road projects.

  • Budget 2013: FM allows farmers to borrow from private banks at 4% Feb 28, 2013 11:33 AM IST

    Budget 2013: FM allows farmers to borrow from private banks at 4%

    In Union Budget 2013 Finance Minister - P Chidambaram proposed to extend the reach of subsidised agriculture credit. Farmers who repay bank loans right in time normaly pay a subsidised rate of interest just at 4%.

  • Check out: 15 goods which may get costlier or cheaper in Budget 2013 Feb 28, 2013 10:35 AM IST

    Check out: 15 goods which may get costlier or cheaper in Budget 2013

    Check out: 15 goods which may get costlier or cheaper in Budget 2013

  • What the common man wants from Chidambaram today Feb 28, 2013 10:10 AM IST

    What the common man wants from Chidambaram today

    What the common man wants from Chidambaram today

  • Here`s how much tax you have paid since 2006 Feb 19, 2013 06:51 PM IST

    Here`s how much tax you have paid since 2006

    Here`s how much tax you have paid since 2006

  • FMs who have held the nation`s purse strings Feb 06, 2013 01:23 PM IST

    FMs who have held the nation`s purse strings

    FMs who have held the nation`s purse strings

  • Govt needs to gradually bring down subsidies: Rajan Dec 18, 2012 04:15 PM IST

    Govt needs to gradually bring down subsidies: Rajan

    The government needs to gradually bring down misdirected subsidies and limit the benefits to needy persons, said chief economic advisor Raghuram Rajan.

  • Budget Reactions: Budget`s midget measures miss big reform cues Mar 20, 2012 06:22 PM IST

    Budget Reactions: Budget`s midget measures miss big reform cues

    The most laudable aspect about Budget 2012-13 is the launch of the National Urban Health Mission. For years, the healthcare focus has been on the rural poor, ignoring the fact that in the past few decades many of them have been migrating to cities in search of livelihoods.

  • Budget 2012-13: Expect India`s GDP growth at 7.6% in 2012-13 says Swastika Mar 20, 2012 04:54 PM IST

    Budget 2012-13: Expect India`s GDP growth at 7.6% in 2012-13 says Swastika

    Swastika Investmart has come out with its report on Union Budget 2012-13. As per the research firm India’s GDP growth in 2012-13 expected to be 7.60%.

  • Budget Analysis: FY13 may see a slow pace of recovery says D&B Mar 19, 2012 01:51 PM IST

    Budget Analysis: FY13 may see a slow pace of recovery says D&B

    Dun & Bradstreet India (D&B) has come out with its detailed analysis on Union Budget 2012-2013. According to the research firm, the fiscal year FY13 is expected to witness a slow pace of recovery in growth, thus entailing lower revenue generation and exacting higher expenditure from the government.

  • Why are rail ministers sitting on a Rs 50,000 cr revenue idea? Mar 19, 2012 12:48 PM IST

    Why are rail ministers sitting on a Rs 50,000 cr revenue idea?

    Developing the airspace over metropolitian railway stations can raise Rs 50,000 crore - but the government is sitting on the idea for 20 years.

  • Rail Budget row: Oppn questions Govt in Parliament Mar 19, 2012 11:34 AM IST

    Rail Budget row: Oppn questions Govt in Parliament

    Finance Minister Pranab Mukherjee said Dinesh Trivedi's resignation was under the Prime Minister's consideration.

  • FM's fiscal number is bull; UPA's options are now lose-lose Mar 19, 2012 11:20 AM IST

    FM's fiscal number is bull; UPA's options are now lose-lose

    The FM's fiscal deficit is a piece of fiction, even if he raises oil prices. The UPA is in a lose-lose situation no matter what the FM does this year.

  • Rail Budget row: Oppn may take on UPA in Parl Mar 19, 2012 08:11 AM IST

    Rail Budget row: Oppn may take on UPA in Parl

    The UPA government is likely to announce Railway Minister Dinesh Trivedi's resignation in Parliament on Monday.

  • Mukul Roy set to replace Trivedi as Railway Minister Mar 19, 2012 07:28 AM IST

    Mukul Roy set to replace Trivedi as Railway Minister

    Meanwhile, Finance Minister Pranab Mukherjee is likely to reply to the debate on the Railway Budget in Parliament.

  • Dinesh Trivedi: The odd man out in TMC Mar 18, 2012 09:15 PM IST

    Dinesh Trivedi: The odd man out in TMC

    While Trivedi was the businessman within the Trinamool fold, party leader Mamata Banerjee thrived on competitive populism.

  • Dinesh Trivedi to resign as Railway Minister Mar 18, 2012 07:40 PM IST

    Dinesh Trivedi to resign as Railway Minister

    Trivedi spoke to Trinamool Congress Chief Mamata Banerjee and said that he is willing to abide by the party's wishes and resign.

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