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  • Expect a forward looking budget: Sanjaya Baru Feb 25, 2011 01:18 PM IST

    Expect a forward looking budget: Sanjaya Baru

    With the Union Budget announcement around the corner, Sanjaya Baru of Business Standard tells Udayan Mukherjee and Mitali Mukherjee, that he does not expect any surprises to be rolled out this budget. He believes that the Finance Minister has chance with this budget to prove he is a forward thinking policy maker.

  • Allow phased FDI in multi-brand retail: Economic Survey Feb 25, 2011 01:11 PM IST

    Allow phased FDI in multi-brand retail: Economic Survey

    The Economic Survey for 2010-11 has proposed that foreign direct investment be allowed in the retail sector, but in a phased manner.

  • Eco Survey: Expect fiscal consolidation in mid-term Feb 25, 2011 12:58 PM IST

    Eco Survey: Expect fiscal consolidation in mid-term

    The fiscal outcome in the first nine months of the current financial year remained broadly on the consolidation track charted by the Budget, says the Economic Survey presented by the Union Finance Minister, Shri Pranab Mukherjee in the Parliament.

  • Economy Survey: Service sector likely to see 9.6% growth Feb 25, 2011 12:56 PM IST

    Economy Survey: Service sector likely to see 9.6% growth

    The advance estimates (AE) of the Economic Survey 2010-11 put the growth rate of the services sector at 9.6%. This is despite global deceleration in the sector. The sector had registered 10.1% growth in 2009-10.

  • Economic Survey 2011: Agri needs to grow at 8.5% in 2011-12 Feb 25, 2011 12:50 PM IST

    Economic Survey 2011: Agri needs to grow at 8.5% in 2011-12

    There is a marked improvement in the gross capital formation (GCF) also in agriculture sector.” This has been observed by the Economic Survey presented in the Lok Sabha today by the Finance Minister Shri Pranab Mukherjee.

  • Economic Survey: Infra investment to rise to 8.37% in 2012 Feb 25, 2011 12:48 PM IST

    Economic Survey: Infra investment to rise to 8.37% in 2012

    The Economic Survey 2010-11 states that the infrastructure structure is a mixed bag of performance; some like telecommunications have done exceedingly well and in some others there have been less than targeted achievement.

  • Economic Survey suggests consolidation of fiscal deficit Feb 25, 2011 12:44 PM IST

    Economic Survey suggests consolidation of fiscal deficit

    A sharp price in food price inflation has been a major cause of concern of our economy during 2010-11, however, high inflation in food article is not unique to India.

  • Economic Survey: Net bank credit to infra rises 59% Feb 25, 2011 12:43 PM IST

    Economic Survey: Net bank credit to infra rises 59%

    Net bank credit to infrastructure in 2009-10 defined as the difference between outstanding gross deployment of bank credit to infrastructure in March 2009 and March 2010, increased substantially in the current fiscal.

  • Railway Budget 2011-12: The highlights Feb 25, 2011 12:00 PM IST

    Railway Budget 2011-12: The highlights

    Railway Minister Mamata Banerjee presented her third Railway Budget in Parliament on Friday.

  • Top priority is to fight inflation: PM Feb 24, 2011 07:22 PM IST

    Top priority is to fight inflation: PM

    Prime Minister Manmohan Singh vowed on Thursday to control inflation, a problem that sparked protests this week and has added to pressure on a government under fire over corruption scandals.

  • Infra firms hope for dividend tax waiver in budget Feb 24, 2011 04:24 PM IST

    Infra firms hope for dividend tax waiver in budget

    India's infrastructure firms are hoping the federal budget would bring some sops including a waiver off dividend distribution tax, minimum alternate tax (MAT) and an extension of a tax holiday for the sector.

  • PM vows to tackle inflation as food prices climb Feb 24, 2011 04:24 PM IST

    PM vows to tackle inflation as food prices climb

    Prime Minister Manmohan Singh vowed on Thursday to control inflation, a problem that has sparked street protests this week and added pressure on the government already under fire over corruption scandals.

  • Budget likely to cater to populist pressure despite deficit Feb 24, 2011 04:01 PM IST

    Budget likely to cater to populist pressure despite deficit

    Prime Minister Manmohan Singh's embattled government will likely boost spending on social programmes in a populist budget on Monday, even as India is threatened with a potentially ballooning subsidy bill for food and fuel.

  • Get familiar with RBI Governor D Subbarao Feb 24, 2011 01:49 PM IST

    Get familiar with RBI Governor D Subbarao

    A career bureaucrat and finance ministry veteran, Subbarao served in the prime minister's economic advisory council in the Congress party government's previous term.

  • Food inflation inches up ahead of budget Feb 24, 2011 12:55 PM IST

    Food inflation inches up ahead of budget

    Food inflation accelerated slightly in mid February on rising prices of milk and fruits, amid expectations the government may announce fresh measures to rein in inflation in the budget.

  • Know all about Finance Minister Pranab Mukherjee Feb 24, 2011 12:55 PM IST

    Know all about Finance Minister Pranab Mukherjee

    A master of India's turbulent politics, Mukherjee is considered by many as the sharpest mind in Prime Minister Manmohan Singh's cabinet with deep knowledge of the changing dynamics of India's strategic and economic policies.

  • Food inflation rises to 11.49% WoW Feb 24, 2011 12:23 PM IST

    Food inflation rises to 11.49% WoW

    Food inflation rose marginally to 11.49% for the week ended February 12 from 11.05% in the previous week, driven by rising prices of milk, egg, meat and vegetables.

  • Budget 2011-12: How can it reverse the FDI slump? Feb 24, 2011 11:17 AM IST

    Budget 2011-12: How can it reverse the FDI slump?

    India's foreign direct investment (FDI) inflows dipped sharply in 2010 by 22% at USD 21 billion compared to USD 27 billion in 2009.

  • Banks hope for nod to sell infra bonds in budget Feb 23, 2011 11:24 PM IST

    Banks hope for nod to sell infra bonds in budget

    Indian banks are hoping they get the government's nod to issue tax-free infrastructure bonds and some a tax concession for 2011-12.

  • RBI defers banks' compensation norms implementation Feb 23, 2011 11:24 PM IST

    RBI defers banks' compensation norms implementation

    The Reserve Bank of India (RBI) has deferred the implementation of guidelines on compensation for wholetime directors and other executives of private and foreign banks in India by a year to 2012/13, it said on Wednesday.

  • Oil min wants duty cut on crude oil and petroleum products Feb 23, 2011 10:25 PM IST

    Oil min wants duty cut on crude oil and petroleum products

    As crude oil prices climbed to a two-and-half year high of USD 108 per barrel, the Petroleum Ministry is pinning hopes on customs and excise duty cut in the Union Budget to avoid hiking petrol and diesel prices.

  • What do you expect from the Finance Minister this budget? Feb 23, 2011 09:12 PM IST

    What do you expect from the Finance Minister this budget?

    Every year corporate India, international investors and ordinary Indians stays glued to Finance Ministers’ budget speech to discover the economic policy direction of the country.

  • Raise I-T exemption limit to Rs 2 lakh: Yashwant Sinha Feb 23, 2011 03:37 PM IST

    Raise I-T exemption limit to Rs 2 lakh: Yashwant Sinha

    Standing Committee on Finance Chairman Yashwant Sinha today suggested raising the income tax exemption limit from Rs 1.6 lakh to Rs 2 lakh in the Budget apparently to provide relief to common man reeling under the impact of high inflation.

  • Survey likely to peg FY12 GDP growth at 9% Feb 23, 2011 03:32 PM IST

    Survey likely to peg FY12 GDP growth at 9%

    The robust performance of the Indian economy during the ongoing fiscal is likely to prompt the government to peg GDP growth in the 2011-12 fiscal at 9%, as well as withdraw stimulus measures in the forthcoming Budget.

  • Auto parts firms eye tech boost; excise hike likely Feb 23, 2011 03:11 PM IST

    Auto parts firms eye tech boost; excise hike likely

    India's auto parts makers want the government's help to upgrade technology and spur investments to boost capacity, but analysts do not see the budget for 2011-12 to be tabled in parliament on February 28 taking much steps in this direction.

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