Page 2235 - Economy & Policy News

Critics of $5-trillion economy are 'professional pessimists', says PM Modi

PM Modi said India should use its demographic dividend to join the league of developed countries

Modi govt exploring opportunities for more mergers in energy: Dipam secy

FM Sitharaman said strategic disinvestment of select central PSUs would remain priority for this government

Budget steps on NBFCs to boost consumption, says FM Nirmala Sitharaman

The government will allow NBFCs to raise funds in public issues

Why India needs to ramp up nuclear power: All you need to know

Is expansion of the nuclear sector - with high capital expenditure and a high tariff (initially) - justified in the Indian context at a time of stress in the power sector?

How India's present drought-like situation is similar to 1943 Bengal famine

As in 1943, India's poor and landless (whether in urban or rural areas) are the ones who suffer, while the wealthy and landed prosper

Aadhaar can be used for cash transactions beyond Rs 50,000 in place of PAN

Banks and other institutions will make backend upgrades to allow acceptance of Aadhaar in all places where quoting PAN is now mandatory, says Revenue Secretary

Fuel price hike to have very marginal impact on inflation: Finance Secy

He also said the government expects Rs 90,000 crore from the Reserve Bank of India (RBI) as dividend during the current fiscal

Hiccups for telecom fiber rollout with higher duty on optic fiber

Local optic fiber manufacturers cheer the move

Sitharaman's maiden Budget dashes hopes of renewable energy developers

The Budget has marginally raised the allocation for MNRE to Rs 5255 crore from last year's Rs 5147 crore

Budget 2019: Cut GST temporarily to revive auto demand, says Pawan Goenka

The additional income tax deduction for electric vehicle (EV) buyers will incentivise purchase and spur demand

Budget 2019: Fiscally correct, but familiar tax targets

FM rationalises revenue estimates, squeezes capex ; focuses on repairing financial sector and ease of paying taxes

Budget 2019 is a breath of fresh air, says Thermax's M S Unnikrishnan

The finance minister has addressed current issues facing the nation, primarily the banking crisis

Budget 2019: Govt to try redirecting forestry funds to piped water supply

Govt has identified 1,592 blocks which are critical and over exploited, spread across 256 districts for the Jal Shakti Abhiyan

FM stresses the need to strengthen higher education system in Budget

To provide quality sports education, Sitharaman proposed creating a National Sports Education Board, under the Khelo India scheme

Budget 2019: Govt protects social sector spending from any cuts

These schemes will not bear the cost of lowered expectations of tax revenues

Budget 2019: Govt looks to attract more private investment in agri sector

The announcements didn't impress the farmers who termed the Budget as lukewarm and having done little to address the core issue of falling returns in the sector

Budget: Fiscal deficit under control, courtesy healthy non-tax revenues

Capital expenditure and rural spending have grown at slower rates, but no scheme has seen an abrupt fall in allocation

Budget 2019: Not much for travel and tourism, says MakeMyTrip CEO

There was no specific mention of fund allocation for UDAN, the regional connectivity scheme, which is disappointing

Parliamentary standing committee presses for early implementation of DTC

The reforms in direct taxes are still pending and are not in tandem with reforms in indirect taxes such as goods and services tax

Budget 2019: No Angel Tax action against start-ups who've filed documents

Govt proposes e-verification mechanism to do away with any engagement between an enterprise and a tax officer, which many had called out as akin to harassment