Page 440 - Budget 2026 News

Rs.1,000 crore proposed for railways in northeast

There are 23 projects under way in the region, of which 11 are national projects

Jaitley terms Chidambaram's fiscal deficit target of 4.1% as 'daunting'

He further said that the target would be reduced further to 3% by 2016-17

Govt hopes to finalise GST contours this year: Jaitley

Says this will streamline tax administration and result in higher tax collection

Govt allocates Rs 500 cr for Internet connectivity in villages

Under the 'Digital India' initiative, special focus will be on supporting software products startups

FM proposes to raise FDI in insurance to 49%

The move would help insurance firms to get much needed capital from overseas partners

What does pass through status for REITs mean?

Pass-through means income generated would be taxed in hands of investor, and fund itself would not have to pay tax on same

Insurance composite FDI cap raised to 49%: FM

DIPP had said that FIIs and NRIs can now invest in insurance sector, within overall 26% cap on FDI

'Better days' still far away: Survey

FY15 GDP growth pegged between 5.4% and 5.9%; A speedy return to 7-8% growth path ruled out

First budget test of Modi's reform mettle

Finance Minister Arun Jaitley's promises of bold budget decisions and broadsides against 'mindless populism' of his predecessors have proved a hit with investors

Gold up on softer dollar, Budget eyed for import duty cut

Spot gold rose 0.1% to $1,327.05 an ounce by 0018 GMT, after gaining 0.5% in previous session

India slipping on climate change targets

Recommends cohesive and stronger international negotiating stance

Defence FDI vital to boost growth

Industrial growth: Survey also seeks revival of special economic zones

Mop-ups of MFs and IPOs drop

Equity fund-raising has been Rs 13,900 crore in the three months since the data in the survey, more than the Rs 13,269 crore in the whole of the previous year

Direct cash subsidy to poor to serve purpose

Subsidy: Use of new technologies such as biometric identification could help

Restructure rigid employment laws

Labour: 'Inspection raj' regime obstructs factories' growth

Government to proceed with its recommendations

FSLRC- Task forces set up for resolution corporation, debt management agency, appellate tribunal

Public sector banks see a jump in recoveries

NPAs- PSBs helped by a mandate from the govt to take on defaulters and a new regime for stressed assets

Bourses losing to foreign peers

Markets- Capital controls on FIIs, adverse taxation and rules

Free-trade pacts slammed

Trade: Emphasis on export of electronic hardware

Cull coercive state laws, end monopolies

Agriculture: Poor rains immediate worry