Amendments to RBI Act likely soon, minister of state for finance says in his first post-Budget interview
Only 4% of 57.7 million small business units in India have access to institutional finance
Extending the approach of the Railway Budget to telecommunications and broadband
The move is significant because most see this as the first in a series of steps by the government
TCS MD says Budget aims to make structural changes that will help drive higher corporate investment on a sustainable basis
He said he had broken the tradition of reading out the Budget Speech in the evening when he was the Finance Minister
Interview with Minister of State, Finance
Makes a case for moving away from public consumption to public investment
Sees fiscal deficit coming down to 3.9% of GDP in FY16, 3.5% in FY17 and 3% the next year
Modi and his lieutenants are reaching out across the aisle to get key legislation passed
Rail Minister hints at decoupling new train announcements from Rail Budgets
Window for buying bonus, dividend units prior to record date to be widened
Investors in exchange-traded funds can trade on the bourses
Some good things from a long-term savings perspective, but these aren't likely to put substantial cash in your hands
Family floaters, OPDs covers can help exhaust the limits
The extra 2% surcharge on dividend distribution will have a mildly negative impact on investor sentiment if corporates decided to rebalance dividend payouts downwards to compensate
With the new GDP series from late January, Budget likely to have factored in sub-par growth
The plan aims to increase manufacturing sector growth to 12-14% per annum over the medium term and create around 100 million jobs by 2022