The industry has also urged the government to create a dedicated fund for MFIs which are financing water and sanitation projects
The company has also sought extension of FAME-II benefits to electric bicycles
Targeting to cut discom losses to below 15 per cent, he said power would be sold on strong financial mechanism and the states would decide on their own subsidies
Seeking a turnaround in fortune, the auto industry has been seeking government support and reduce the burden of transition to BS-VI with lower GST rate
Among the stocks that comprise the Nifty CPSE index, seven have recorded negative returns during the fiscal
Based on market intelligence, we outline three scenarios that may pan out in the Budget proposals this year, and assess their impact on your pocket
During April-December 2019-20, the country's crude and manufactured fertiliser imports grew by 8.47 per cent to USD 6.2 billion.
Here's a selection of Business Standard Opinion pieces for the day
Economic slowdown leaves Finance Minister Nirmala Sitharaman with a difficult choice in her second Budget - whether to rein in fiscal deficit or widen ot to stimulate the economy
Since Yashwant Sinha emphasised on reducing the government's stake in public sector banks, things have only worsened
Long-term structural reforms are required, such as a uniform GST and direct tax rates
Finance Minister Nirmala Sitharaman is scheduled to present the Budget for financial year 2020-21 on February 1.
Derivatives traders are deploying strategies to profit from huge swings in stock prices typically seen on the day of the Union Budget
Consider buying stocks of companies that command brand loyalty
Earnings from major companies such as HDFC, US Fed's interest rate decision and hopes of positive measures from the Budget would drive sentiment in the equity markets this week which may also witness volatile sessions amid derivatives expiry, according to analysts. Participants would also keep an eye on the spread of the deadly coronavirus in China and other countries, they added. The lethal virus has claimed 56 lives in China, and spread to about a dozen nations. "Going ahead, markets are likely to be volatile due to monthly F&O expiry just ahead of the Union Budget that would be presented towards the end of the elongated week. Also, stock-specific action is likely to continue with the ongoing results season which has been mixed so far. Apart from these, investors would also watch out for the US Fed and Bank of England's monetary policy," Motilal Oswal Financial Services, Head - Retail Research, Siddhartha Khemka said. He added that on the macro front, US Q4 GDP and India's ...
Expectations were that Sitharaman, who had in September last year cut corporate tax rates to their lowest to boost economic growth, would announce similar sops for individual taxpayers
Altering personal tax rates with this goal in mind will help boost consumption
Business Standard picks out some trivia from the history of the Union Budgets
Lack of skilled human resource impedes healthcare delivery especially in tier 2, 3 cities and rural areas
"LTCG for unlisted shares (invested by AIFs that are regulated by SEBI) should be reduced to 10 per cent. Enhanced surcharge should be rolled back on unlisted shares," said IVCA