The funds flow has not decreased; rather the pattern of its devolution has been modified for greater autonomy to the states. Hopefully, this will result in greater efficiency in spending and better ou
Railway Minister Suresh Prabhu will present his second Rail Budget on Feb 25
Government has ambitious plans for deployment of 175 GW renewable power capacities by 2022
It also demanded additional incentives for savings and higher tax allowance for expenditure on education and health
5% levy, exorbitant railway freight charges impact pellet exports
Budget will have to grapple with the twin imperatives of raising investment and reviving demand
Industrial output data reveals that the manufacturing sector continues to be in trouble
Says committed to having PSBs managed professionally, a stable tax regime and globally competitive economy
Announcement likely in Budget
Structural changes to government finances could be focus of the Union Budget
Steel sector is hopeful that the country's economy should grow by 8-8.5%
Q&A with Banmali Agrawala, GE South Asia President & CEO
Industry seeks turnover tax on trade to not exceed 0.25%; move will help India become a hub of international trading
Differential in excise duty has grown over the years; incentive for scrapping old vehicles needed, says SIAM
Railway Minister Suresh Prabhu likely to announce fuel management system in Rail Budget 2016-17
BofA-ML also expects Budget 2016-17 to target a fiscal deficit of 3.8%of GDP, a tad lower than financial year 2015-16's 3.9%
Inflation data and IIP will drive action, as will expectations of the budget, they say
Global financial services firm reports govt may settle for a higher fiscal deficit target of 3.8% in 2016-17
'I hope Congress, which is supposed to have lot of maturity and experience because they've ruled the country for so many years, understands and cooperates'