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Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

Union Budget 2019: Faster loans, lower interest for MSMEs

Further loans up to Rs one crore will be provided to MSMEs within 59 minutes through a dedicated online portal.

5 July 2019 8:51 PM GMT

This initiative comes as a part of the Railways drive to go green as it also aims at boosting the nations sugarcane industry.. (Photo: PTI | Representational)

Railways infrastructure needs Rs 50 lakh crore till 2030: Nirmala...

Sitharaman proposed to enhance the metro railway initiatives by encouraging more PPP initiatives and ensuring completion...

5 July 2019 8:49 PM GMT

Startups find that current norms for GST and TDS are blocking significant money.

Union Budget 2019: Start-ups get own channel, easy terms

The Budget proposed to start a television channel within the DD bouquet of channels exclusively for start-ups.

5 July 2019 8:49 PM GMT

Delhi Metro has been given a grant of Rs 414.70 crore in the Union Budget 2019-20 as against Rs 50 crore in the last fiscal.

Budget 2019: Massive Rs 2 lakh cr push to infrastructure, connectivity

Budget finds that the country needs to develop waterways to shift a significant portion of inland cargo movement from...

5 July 2019 8:46 PM GMT

The Centre has also decided to modify the present policy of retaining 51 per cent government stake to retaining 51 per cent stake inclusive of the stake of government-controlled institutions.

Union Budget 2019: Disinvestment target hiked to Rs 1.05L cr, PSU...

Centre has been following the policy of disinvestment in non-financial public sector.

5 July 2019 8:43 PM GMT

The stance of countrys first family in not listening to SCs order on Rafale deal case petition can be termed as, with due respect, amazing audacity, Defence Minister Nirmala Sitharaman said. (Photo: ANI)

Union Budget 2019: Textiles, apparel industry allocation drops by 30...

In the present Budget, the grant for textile and apparel is budgeted at Rs 4,8318 cr

6 July 2019 1:58 AM GMT

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Union Budget 2019: Option traders get tax relief

Securities transaction tax will now be levied only to the difference between settlement and strike price in case of...

5 July 2019 8:38 PM GMT

Experts feel that these moves can be transformational for attracting private investments to the sector.

Union Budget 2019: Energy sector to be fit for future

The focus on group captive can trigger massive interest of large international utilities to invest in the power sector,...

5 July 2019 8:36 PM GMT

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

Union Budget 2019: Govt gives big boost to higher education

A draft legislation for setting up Higher Education Commission of India (HECI), would be presented in the year ahead.

6 July 2019 2:35 AM GMT

To put things simply, a taxpayer who doesnt have a PAN card can now file the income tax returns.

Budget 2019: Aadhaar, PAN interchangeable for IT returns

The move is aimed at improving tax compliance and ease the process of tax payment for tax payers.

6 July 2019 12:57 AM GMT

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

The budget and the city

We asked Delhi-hites what they thought of the Union Budget unveiled by Finance Minister Nirmala Sitharam yesterday....

6 July 2019 2:12 AM GMT

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

Union Budget 2019: Fresh thrust on gaon, garib, kisan'

Both the ease of doing business and the ease of living should apply to farmers too.

6 July 2019 12:43 AM GMT