Page 457 - Budget 2026 News
Steel demand may rise with excise duty cut on cars
Auto sector consumes around 2 million tonne steel a year
 "Steel demand may rise with excise duty cut on cars")
Mamata calls interim budget an election gimmick
Says the outgoing UPA govt will not be able to implement the budget
 "Mamata calls interim budget an election gimmick")
Left parties dub interim budget as poll-oriented
Say FM has left the job of economic recovery for the next govt
 "Left parties dub interim budget as poll-oriented")
Interim budget 'very balanced': industry
Say that FM has supported sectors that needed a push
 "Interim budget 'very balanced': industry")
High GDP growth forecast in Q3, Q4 boosts market
Markets gained on high GDP growth forecast in Q3, Q4 of current fiscal
 "High GDP growth forecast in Q3, Q4 boosts market")
Chidambaram regrets non-passage of bill for Sebi powers
Says various other steps have been initiated for reforms in capital markets
 "Chidambaram regrets non-passage of bill for Sebi powers")
Duty cut on cars, 2-wheelers to boost engg goods export: EEPC
Govt has proposed to cut duty on SUVs from 30% to 24%, and in large and mid-segment cars from 27-24% to 24-20%
 "Duty cut on cars, 2-wheelers to boost engg goods export: EEPC")
Govt keeps FY15 fertiliser subsidy at FY14 levels
Industry unhappy, says Rs 67,970 cr inadequate, will force companies to shell out more for interest payment
 "Govt keeps FY15 fertiliser subsidy at FY14 levels")
Govt seeks nod for Rs 46,227 cr additional spending
Cash outgo largely on account expenditure on petroleum subsidy, army and food
 "Govt seeks nod for Rs 46,227 cr additional spending")
'Indian mkts performed better compared to peers in 2013'
Interim budget notes that FIIs invested $12.13 billion in Indian markets in 2013
 "'Indian mkts performed better compared to peers in 2013'")
Unprecedented scenario in LS, ministers protest during budget
Some of his own ministerial colleagues were in the Well raising slogans against the decision to create Telangana state
 "Unprecedented scenario in LS, ministers protest during budget")
Exports to grow by 6.3% to $ 326 bn this fiscal
India's merchandise exports was at %300 bn in 2012-13, a decline of 1.8% over the previous year
 "Exports to grow by 6.3% to $ 326 bn this fiscal")
Agri stocks in demand; spurt up to 20%
Aries Agro's scrip gains as much as 19.6%, Jain Irrigation by 2.63%
India's road network jumps over 7-fold in 10 years: FM
In the year 2004, the country's highway network was 51,511 km which has now reached 3,89,578 km today, he said
 "India's road network jumps over 7-fold in 10 years: FM")
Capital goods stocks inch higher post excise duty cut
The BSE Capital Goods index inched 0.3% higher to 9459.63 after the announcement. Out of total 21 stocks listed on the index, 8 advanced while 13 declined.
Mr Chidambaram's big, quiet bang
The fascinating message buried in the interim Budget's small print
 "Mr Chidambaram's big, quiet bang")
Govt to borrow 25 paise for every rupee in its kitty
Net borrowings for 2014-15 pegged at Rs 4.57 lakh crore
 "Govt to borrow 25 paise for every rupee in its kitty")
Govt earnings from PSU dividend, profit jump to over Rs 88,000 crore
This is Rs 14,320 crore more than the earlier estimate
 "Govt earnings from PSU dividend, profit jump to over Rs 88,000 crore")
Vote-on-Account portrays realistic picture of economy: PM
Describes it as well-balanced
 "Vote-on-Account portrays realistic picture of economy: PM")
Govt more than halves FY14 disinvestment target
Target revised downward to Rs 16,027 crore from Rs 40,000 crore
 "Govt more than halves FY14 disinvestment target")