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Finance Minister Arun Jaitley meets President Ram Nath Kovind at Rashtrapati Bhavan before presenting the Union Budget 2018-19 in the Parliament. (Photo: Twitter | ANI)

Life

Twitter reacts to Union Budget 2018

Jaitley said the focus of Budget is agriculture and rural economy, health, infrastructure and senior citizens.

1 Feb 2018 4:29 PM IST

The amount for defence pension is an increase of 26.60 per cent over the allocation of Rs 85,740 crore last year. (Photo: Twitter/ANI)

Business

Rs 2.95 lakh crore allocated for defence budget for 2018-19

Outlay for defence budget amounted to 12.10 per cent of the total budget of Rs 24,42,213 crore for 2018-19.

1 Feb 2018 4:18 PM IST

At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.

Business

Govt expects Rs 48,661.42 crore from telecom sector in FY19

Govt earns revenue in the form of mainly licence fees and spectrum usage charges from telecom operators.

1 Feb 2018 3:36 PM IST

India

Budget has free healthcare for 10 cr poor, sops for farmers; Modi...

Salaried get back standard deduction of 40k; govt taxes long-term capital gains in equity.

1 Feb 2018 3:32 PM IST

The CPEC is a network of infrastructure projects that are currently under construction throughout Pakistan that will connect Chinas Xinjiang province with Gwadar port in Pakistans Balochistan province. (Photo: AFP)

India

Budget 2018: Boost to economy, Rs 5.97 lakh cr allocated for...

In his Budget address, Finance Minister Jaitley termed infrastructure as 'growth driver' of the economy.

1 Feb 2018 3:06 PM IST

Companies that will run these airports have been given some concessions for fuel and electricity.

Business

UDAN to connect 56 unserved airports, says Jaitley

Govt has proposed expansion of airport capacity by more than five times to handle a billion trips a year under a new...

1 Feb 2018 2:55 PM IST

The Union Budget 2018 announced an upward revision of salaries of the President, Vice-President and Governors. (Photo: PTI)

India

Budget 2018: Salary raise for Prez, VP, guvs; know how much they'll...

The budget proposes salary hike of the President to Rs 5 lakh, vice-president to Rs 4 lakh and governors of states to Rs...

1 Feb 2018 2:42 PM IST

Experts said that the allocation of funds for school education should be proportionate to the requirement.

India

Budget 2018: Education cess raised to 4 pc, no division in schools

Jaitley proposed to launch a scheme to revitalise research-based education with Rs 1 lakh crore in the next four years.

1 Feb 2018 2:40 PM IST

The railways has started the exercise of an internal audit through which 50 mail and express trains will be upgraded to super-fast services. (Photo: File/Representational)

Business

Budget for Railways: Bengaluru, Mumbai big gainers

Bengaluru will get a corpus of Rs 17,000 crore for the local rail network. Karnataka goes to polls this year.

1 Feb 2018 2:24 PM IST

$Arun Jaitley informed the Parliament \Transformative measures have to be undertaken to make Indian Railways competitive,$ India

Budget 2018: Railways gets Rs 1.48 L Cr for world-class trains

New world-class train sets, dedicated freight corridors are coming up and electrification is being taken up as a...

1 Feb 2018 2:13 PM IST

Health regulation has several pieces, of which self-regulation by the private sector is an important one. Private players in the health sector are indeed quite diverse.

Business

Union Budget 2018 unveils healthcare for 500 million of India's...

The government currently provides 30,000 rupees towards healthcare for poor families.

1 Feb 2018 2:11 PM IST

Business

Govt to soon announce steps to tackle NPAs of MSMEs: Jaitley

MUDRA Yojana launched in April 2015 has led to a sanction of Rs 4.6 lakh crore in credit to some 10.38 lakh MUDRA loans.

1 Feb 2018 1:48 PM IST