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Finance Minister Nirmala Sitharaman presented Union Budget for Modi 2.0 government. (Photo: ANI | Twitter)

Opinion

Why India needs more professional pessimists'

It is the wretchedness of these very lives that the Budget 2019-2020 was supposed to address.

13 July 2019 5:01 AM IST

India

Nirmala Sitharaman defends Union Budget, terms it realistic

Sitharaman said inflation has not been allowed to raise its head and keeping it under control is a powerful tool to...

13 July 2019 12:49 AM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Business

USD 42 billion erased off Indian share markets as misgivings on tax...

Global and non-resident investors make investments in India via so-called association of persons (AOP) and non-corporate...

12 July 2019 3:40 PM IST

Finance Minister Nirmala Sitharaman on Friday said that every single rural family will have electricity and a clean cooking facility by 2022. (Photo: ANI)

Business

Nirmala Sitharaman says tax targets 'absolutely' achievable: report

India expects to rake in 24.6 trillion rupees (USD 358.97 billion) in gross tax revenue in 2019-20.

12 July 2019 12:07 PM IST

Participating in the debate on the Budget, the former finance minister said the countrys economy is weak and requires bold steps to take it forward on fast growth track, which Prime Minister Narendra Modi should take. (Photo: ANI)

India

'Economy is weak, needs bold, structural reforms,' says Chidambaram

He termed Sitharaman's speech as 'insipid' and said budget does not have any steps to propel investment and savings.

11 July 2019 3:53 PM IST

India

Every number in my Budget is authentic: Nirmala Sitharaman

While the Budget presented on July 5 projected a nominal GDP growth of 12% for financial year 2019-20, the Economic...

11 July 2019 6:25 AM IST

$Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)$ Business

FPIs can opt for corporate route to avail lower tax surcharge: CBDT...

FPIs get covered by higher tax rate as they have been investing as a non-corporate entity such as trust or association...

10 July 2019 6:10 PM IST

Finance Minister referred to the government setting fiscal deficit target of 3.3 per cent from an earlier 3.4 per cent and said there should be no anxiety. (Photo: ANI)

India

Govt committed to fiscal consolidation, boost investment in social...

She said that the amount of money spent on central government schemes was higher two years after the implementation of...

10 July 2019 4:45 PM IST

India

FM Nirmala Sitharaman to reply to Budget debate in Parliament

Congress leaders Shashi Tharoor and Adhir Ranjan Chowdhury have called the Budget disappointing.

10 July 2019 10:38 AM IST

Chief Economic Adviser K V Subramanian. (Photo: Twitter)

Business

Govt to take into account risks associated with sovereign bonds: CEA

There is a need to manage the risks associated with overseas sovereign borrowings, said CEA K V Subramanian.

9 July 2019 7:45 PM IST

The key findings of surveys and recommendations have been submitted to the RBI Committee on Deepening of Digital Payments. (Photo: ANI)

Business

PCI says abolishing MDR charges to dry up investment capital, kill...

PCI said digital payments in India have received quite high interest from various investors, both domestic and...

9 July 2019 6:25 PM IST

According to Morningstar, India-focussed offshore funds, which are longer term in nature, witnessed net-inflow of $179 million in August whereas the India-focussed ETFs saw a net outflow of $39 million.

Business

India likely to raise funds from interest-soft overseas markets

Until now, all the government debt has been rupee funded with interest rates of 6-6.25 per cent.

9 July 2019 3:31 PM IST