Page 17 - Budget 2019

Budget 2019 fails to address development issues in Maoist zones: Baghel

The Union Budget should have at least made provisions for expediting the aspirational district programme, Baghel added

Finance Minister Nirmala Sitharaman's Budget charges up India EV industry

Union Budget 2019 says GST on EV will be reduced from 12% to 5% and the government will give customers tax break.

Budget 2019: Proposed taxation on share buybacks puts IT firms in a spot

Domestic IT services firm may prefer dividend payout over buyback to reward investors

Budget 2019: T N Ninan and A K Bhattacharya break it down in this podcast

Fiscally prudent, reform-minded and what else? Tune-in to this podcast for more

Bank of Baroda slashes MCLR by 10 bps to 8.6% effective July 7

The one-year tenor is the rate around which most of the consumer loans such as home, car and personal are set against

Sitharaman proposes simpler KYC norms for FPIs, higher public holding limit

Presenting her maiden budget, Sitharaman said steps need to be taken to bring capital markets closer to people and proposed raising the threshold for minimum public shareholding from 25% to 35%

Budget 2019: Social stock exchanges to be introduced in India

FM says entities working for realisation of social welfare goals will be able to raise equity and debt through an electronic fund raising platform

To spur startup growth in India, Govt proposes steps easing tax woes

Finance Minister Nirmala Sitharaman in her Budget speech said that start-ups in India are taking firm roots and their continued growth needs to be encouraged

Budget 2019: Gold jumps 2.4% in Mumbai after customs hike on bullion

Market players deplore move, saying it will impede efforts to make gold an asset class, and dilute efforts to curb cash deals

Govt hikes Agri ministry allocation by 78%; PM-KISAN gets Rs 75,000 cr

PM-KISAN, launched just before the general elections, aims to give Rs 6,000 annually in three equal installments to 12.6 crore small and marginal farmers

Govt may enhance start-up fund to Rs 20,000 cr in Budget 2019: Sources

Even the Economic Survey which was presented on Thursday highligthed the importance of the segment

Budget plans to make India aviation hub with aircraft financing, leasing

India is one of the world's most lucrative aviation markets, with a growing middle class flying for the first time

Budget 2019: India gives Reserve Bank more power to regulate NBFCs

The decision follows concerns that a broader financial crisis may emerge as firms like Dewan Housing Finance Corp. and Anil Ambani's Reliance Capital Ltd. struggle to find fresh funding

Budget 2019: Infra, de-clogging NBFCs, incentivising small biz takeaways

The focus in infrastructure is a positive step and that's what the markets, too, were expecting. However, infrastructure financing is a long duration game

Budget 2019: Why India is launching its first ever sovereign bond

While sovereign bonds may help India get loans overseas at lower interest rates they are susceptible to exchange rate fluctuations

Bond market rallies after FM proposal to float govt securities overseas

The administration also set the budget deficit target for the fiscal year at 3.3% of gross domestic product

Budget 2019: FM aims at 'One Nation One Grid' with power sector reforms

Nirmala Sitaraman however kept mum on details of the package for power sector

Budget allocates Rs 235 cr for training bureaucrats at home and abroad

Under a separate head, Rs 156.77 crore has been allocated for the ongoing fiscal for training schemes

Budget 2019 lacks big-bang surprise; bank recap is a lost opportunity

The budget will not drastically change the weightage of foreign investors as regards to India. They will continue on the same path set earlier, he said.

Budget 2019: Soon, a new TV show on start-up issues on Doordarshan

It may be introduced on one of the existing channels on the DD network or a completely new channel may be launched for the purpose