Page 463 - Budget 2026 News
6.5% growth in FY14 is reasonable: Montek
He said it would be achievable in the backdrop that India's last decade long term average GDP growth is 7.3 or 7.4%
 "6.5% growth in FY14 is reasonable: Montek")
Will make more announcements to promote growth: Chidambaram
The govt is now working on non-legislative decisions
 "Will make more announcements to promote growth: Chidambaram")
Rs 270.05 cr for Union Ministers' travel; Rs 5.8 cr for salaries
Allocation slightly more than last year
 "Rs 270.05 cr for Union Ministers' travel; Rs 5.8 cr for salaries")
Drugs likely to cost more after hike in excise duty
The impact of the increase in excise duty to 6% from 5% on formulations and to 12% from 10% on bulk drugs will be neutral
 "Drugs likely to cost more after hike in excise duty")
Affordable home sales may go up 20%, luxury sales to crawl
The real estate sector might finally have something to cheer about finally
 "Affordable home sales may go up 20%, luxury sales to crawl")
Technology push for bookings; Wi-Fi facility on the go
Next generation e-ticketing system by year-end
 "Technology push for bookings; Wi-Fi facility on the go")
Women-run PSU bank may face HR challenges
Experts are of the view that the target of getting the bank up and running in 8-10 months is a big task
 "Women-run PSU bank may face HR challenges")
Budget disappoints think tanks, but for different reasons
Experts say finance minister performed a sterling task in reducing expenditure, but most thought the Budget did not do enough
Samsung looking to revise handset prices
Finance Minister P Chidambaram has proposed a 6% excise duty on mobile phones above Rs 2,000
 "Samsung looking to revise handset prices")
Tax holiday may help power sector find its groove
PPP projects to improve coal production, sops for wind power producers
 "Tax holiday may help power sector find its groove")
FM assures growth momentum in power sector
Announces steps to address fuel woes and revival of ailing discoms
Energy pricing a drag; power looks up
Doing away with subsidies, correcting policy imperfections
With import duty & freight hike, power to cost more
Budgets, diesel to increase power prices
 "With import duty & freight hike, power to cost more")
FM's honeymoon with markets over, for now
Markets disappointed due to absence of concrete measures to revive growth
 "Govt eyes Rs 1,800 cr with mobile tax hike")
 "Industry mixed on MRO concessions")