Page 2771 - Economy & Policy News

Union Budget 2018 proposals to drive prospects of agri-input companies

Companies like UPL, Rallis India, Dhanuka, PI industries, Coromandel and others are well placed to reap benefits

Budget 2018: 15% import duty will make vehicles assembled in India costlier

The government also raised custom duty on specified parts/accessories of motor vehicles, motor cars, motor cycles from 7.5 per cent to 15 per cent

Budget 2018 gives push to the rural sector, allocates Rs 14.34 trillion

Finance Minister Arun Jaitley devoted considerable part of his budget speech to efforts of the government to boost rural economy and agriculture

Budget 2018: Mumbai's corporate lobby questions Jaitley's fiscal math

While they welcomed the move to push the small businesses, they are concerned over the fiscal math and resource mobilisation

At Rs 6.2 trn, April-Dec fiscal deficit touches 113.6% of FY18 estimate

Net tax receipts in the first nine months of 2017/18 fiscal year were Rs 9 trillion; Jaitley revised the FY18 fiscal deficit target to 3.5% of GDP

Budget 2018 in line with govt's fiscal consolidation path: Moody's analyst

Moody's rates India at "Baa2" with a "stable" outlook

Budget 2018: FM terms note ban as celebratory reward to honest taxpayers

The finance minister said the Indian economy is getting more formalised post note ban as more and more transactions now happen digitally

Budget 2018: Arun Jaitley banks on AI, blockchain for digitisation push

Doubles allocation on Digital India programme to Rs 30.73 billion in Budget 2018-19

Badal on Budget 2018: More funds for food schemes will boost farm income

Finance Minister Arun Jaitley announced that the allocation of food processing to Rs 14 billion for next fiscal from Rs 7.15 billion in this fiscal

Budget 2018: Boost for textiles exports with Rs 71.48-bn special package

Overall apparel exports had been consistently declining due to GST impact and discontinuance of export sops, ergo the reason to revisit the sector in Budget 2018

India wants the world to buy its weapons but are they good enough?

New Delhi hopes to export made-in-India military technology, including its BrahMos missiles, to smaller countries in Asia that fear China's rise

Jan manufacturing PMI growth at a three-month low on weaker demand

The new orders sub-index, a proxy for domestic demand, slumped to 53.0 from December's 56.8

Rewa solar park, to be first beneficiary sovereign guarantee scheme by govt

The discount likely to be extended to smart city projects

Budget 2018: Jaitley may deliver significant portions of speech in Hindi

The Budget is expected to address rural distress and the common man by focusing on agriculture, job creation, and health

MHRD recruits 1,200 IIT, NIT students to teach in rural colleges

The government didn't elaborate its plan of employing these students upon completion of their three-year contract

FY17 GDP growth retained at 7.1% and GVA growth revised sharply to 7.1%

Gross fixed capital formation (GFCF) growth was revised to 10.1 per cent in FY17, the highest in this series, from the previously anaemic 2.4 per cent

Ahead of Budget 2018, core sector growth slows to 5-month low of 4% in Dec

Rose 4% in December, down from 7.4% in November

GST: Companies on tenterhooks as electronic way bill comes into play

E-way bills will help central and state tax authorities track inter-state and intra-state movement of goods that are part of consignments of Rs 50,000 or more

Modi govt sets firm eyes on the sea as new source of major exports

Economic Survey showed that share of marine products in exports has risen at the fastest pace

Weak Goa exports, suspension of Odisha mines fail to dent iron ore trade

Jan-Mar quarter crucial as Odisha poses threat of lower contribution to FY18 iron ore trade