Page 8 - Budget 2021

Short shrift for agriculture

The sector did not get anticipated attention in Budget

Easy money is not going away: Ashmore Group head of research Jan Dehn

London-based Jan Dehn tells Puneet Wadhwa in an interview that if the finance minister and her team do not deliver on any of what they have proposed, the market can come off hard

FPIs pumped money into capital goods, auto sectors before Budget

Overseas investors increased exposure to the capital goods space at the right time as the sector got a major boost from the capex-driven Union Budget

Budget funds digital governance

The use of a digital platform for the Census will allow official agencies to interpret vast amounts of information using data analytics. Such data will be able to feed other government programme

Govt fell short in backing NEP with cut in education budget: Experts

What has also taken many by surprise is the cut in spending on education by at least Rs 6,000 crore

Budget 2021: Railways refutes TMC's charge of ignoring West Bengal

Railways said the national transporter has got highest ever allocation of Rs 6,536 crore for infrastructure and safety projects in the state

Vehicle scrapping plan will create jobs, lower costs: Nitin Gadkari

The move will lower the price of auto components by as much as 40 per cent, Gadkari said

Modi govt allocated 438% more budget to agri compared to UPA: Giriraj

Singh said the budgetary allocation made by the Modi government for the agriculture sector during 2014-2020 was 438 er cent more than what it was during the previous UPA rule

Measures envisaged in Budget 2021-22 will boost startups: Secretary DPIIT

DPIIT Secretary, Ministry of Commerce and Industry, Guruprasad Mohapatra said the measures envisaged in the Budget will further boost the Startups in the country

Budget may help pare FCI dues, but risk of cost overrun remains

The Budget has allocated around Rs 4.22 trillion for food subsidy. Of this, FCI's share is around Rs 3.44 trillion

Sensex, Nifty post highest weekly gain since April as Budget fuels optimism

The Nifty gained 1,289 points, or 9.5 per cent, during the week and ended at 14,924. In intra-day trade, the blue chip index of 50 companies surpassed the coveted 15,000-mark

Railways, Department of Posts, AAI not to be privatised under PSE policy

Public sector enterprises in the nature of development and regulatory authorities, autonomous organisations, trusts, development financing institutions would also be out of the policy

Budget envisages private sector participation: FM Nirmala Sitharaman

This would facilitate the private sector in areas such as power, roads, ports and airports, among others

Revoking of CVD, ADD to hurt earnings of domestic stainless steel industry

"Traders are expected to stock up cheap imports creating huge inventories in the coming months ahead of an anticipated demand boom in the sector," said an official of a large stainless steel firm

Budget another 'assault' on farmers, they have to pay more on fuel: Rahul

Earlier, in another tweet, the former Congress chief said, "Modi''s crony centric budget means -- Jawans facing Chinese aggression in extreme conditions will get no support. India''s defenders betraye

Transparency, tax stability key guiding principles of Budget 2021-22: FM

Finance Minister Nirmala Sitharaman on Friday said transparency and tax stability were the key guiding principle of Budget 2021-22

Cost of borrowing to be reasonable; yields expected at FY21 level: DEA Secy

Economic Affairs Secretary Tarun Bajaj expressed hope that the yield would be around the current year's level

ITC hits new 52-week high, up 18% in 5 days; board to mull interim dividend

The stock jumped 4 per cent in Friday's intra-day trade to hit 52-week high of Rs 239 on the BSE

Govt confident of achieving growth of nearly 11.5%, says Anurag Thakur

Thakur also said that the government is focused on a clean up exercise in the banking system and setting up a bad bank was among the steps in that direction

Rahul Gandhi slams Centre for 'betraying India's defenders' in Union Budget

The Wayanad MP has been time and again slamming the Centre and its policies