Union Budget 2020

A month after the rollout of Budget 2020, the country was hit by the COVID-19 jolt. The pandemic brought most economic activities to a standstill, as a countrywide total lockdown was imposed.

Govt seeks to engage itself with businesses, industries: FM

She was interacting with the members of trade and industries here, a week after presenting the Union Budget for 2020-21 in Parliament on February 1.

Budget 2020: Some hits, some misses

The FM’s announcements about setting up an investment clearance and advisory cell as well as data centre parks were welcomed by fintech players, but they want clarity about the seemingly complex tax structure.

Attempts made to mislead people on Union Budget: PM Modi

Speaking at the BJP parliamentary party meeting here, Modi hailed the Bodo accord and the agreement to settle the members of Bru-Reang tribe in Tripura, terming them "historic" successes of his government in this decade.

Union Budget 2020: Here’s how the fintech industry reacted

Reactions from the FinTech industry.

Budget 2020: Viability gap funding to drive investors toward setting up hospitals under PPP, says Aster's Azad Moopen

"Also the model for establishing medical colleges attached to district hospitals under PPP mode will help solve healthcare access, medical education and availability of doctors," Moopen added.

LIC IPO: A listing everyone is waiting for

With a Rs 30.5 lakh crore balance sheet as of FY19, even a 25 percent stake sale by the government will mean a bumper listing.

Budget 2020: Education sector allocation up 5%

For the skill development ministry and its various programmes, an allocation of Rs 3,002.21 crore has been proposed for FY21 compared to Rs 2,531.04 crore in FY20.

Budget 2020 | One more missed opportunity

In the entire 67-page budget speech, the word ‘slowdown’ doesn’t occur even once.

No steps to boost credit flow in the Budget

There is not much for the NBFC and real estate sectors

Budget 2020: Rs 99,300 crore set aside for education sector; Navneet Education, NIIT in focus

Government to source more ECB & FDI for the education sector, says FM Nirmala Sitharaman.

Congress hopes Union Budget will provide relief to salaried class, invest in rural India

Congress chief spokesperson Randeep Surjewala said the last budget led to crashing consumption levels, soaring unemployment and falling GDP.

Budget expectations: Govt should empower masses to buy homes

Sakshi Batra gets in conversation with Raj Khosla, Founder of mymoneymantra.com to find what he’s expecting expectations from Budget 2020.

Debt increased by 71% in 5 years, address it in budget: Cong tells govt

Congress spokesperson Gourav Vallabh said the increase in the rate of per capita debt (10.3 percent) is twice as compared to the rate of per capita GDP (5.3 percent) in CAGR terms.

Budget 2020 | State-run insurers seek Rs 12,000cr ahead of merger

Former Finance Minister Arun Jaitley announced the merger in his 2018 Budget speech. Almost two years have passed since, but the merger process barely progressed

Budget 2020: Finance Ministry may take decision on FDI hike in insurance companies

The insurance regulator and industry has sought hike in FDI from 49 percent to 74 percent. But will the Indian management control continue?

Budget 2020: White goods makers seek GST cut, incentives for local manufacturing

While GST rates are usually decided at the GST Council meeting chaired by Finance Minister Nirmala Sitharaman, companies are hoping that the FM makes related announcements during the budget

Budget 2020: Halwa ceremony to be held in Finance Ministry

As per convention, after the halwa has been consumed by all, no official or support staff working in proximity with the Budget printing process is allowed to leave the premises

Sensex likely to return 12-18% in 2020; infra sector to be in focus

Earnings recovery and increase in both government and private investment for long term economic growth are the key domestic challenges.

'Market may not like balanced Budget as economy needs strong push'

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.