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One of the key issues facing the auto sector is the lack of demand for its products partly weighed down by high GST rates ranging from 28 pct to 50 pct based on the size of the vehicle and engine capacity.

No big bang effect for auto sector

To kickstart demand the government needs to put more money in the hands of the consumer to buy automotive products.

2 Feb 2020 1:57 AM GMT

Among districts, the funds were released to about 4.72 lakh farmers in Anantapur, 4.05 lakh in Kurnool, 4 lakh in East Godavari, 3.89 lakh in Guntur, 3.75 lakh in Chittoor, 3.48 lakh in Prakasam, 3.22 lakh in West Godavari and 3.04 lakh in Krishna so far.

Budget 2020 seeks to perk up agriculture sector

Concepts like Kisan Rail, Kisan Udaan, Dhaanyalakshmi, 1 product 1 district set to lift rural economy.

2 Feb 2020 1:54 AM GMT

According to the data released by the Central Electricity Authority, solar power generation in the second quarter (Q2) of calendar year 2019 increased by 29 per cent year-on-year to 12,277 million units (MUs) compared to Q2 2018 during which approximately 9,514 MUs were generated by solar projects.

Schemes potential enough to boost farm sector'

Support to farm nutrients beyond chemical fertilizer is another encouraging proposition.

2 Feb 2020 1:50 AM GMT

The report also does well to emphasise that higher trade-to-GDP ratios are a signal of competitiveness and an entry point for coupling the Indian economy with the international economy, including through global value chains.

FM's booster dose to rev up rural economy

Proposal for 112 medical colleges on Public-Private-Partnership basis would certainly help reduce the shortage of...

2 Feb 2020 1:43 AM GMT

Indian Army was also forced to cut some expenditures to ensure that it has ammunition for at least 10 days war.

Budget 2020: Blow to defence modernisation

The budget has allocated Rs 32,392 crore to the Indian army for its modernisation plans against Rs 29,666 crore given in...

2 Feb 2020 1:38 AM GMT

Nirmala Sitharaman

It's a credible balancing act by a pragmatic FM

The Budget has adopted just the right approach for catalysing growth with social inclusion.

2 Feb 2020 1:13 AM GMT

Indian economic growth has steadily slowed to a six-year low of 5.0 per cent in the April-June quarter from an 8.1 per cent peak in the January-March quarter of 2018.

Budget 2020: India is cruising for a bruising

Unemployment is rising sharply, consumption, savings and investment are down and inflation is rearing its ugly head...

2 Feb 2020 1:09 AM GMT

Finance Minister Nirmala Sitharaman. (Photo: ANI)

Sitharaman Budget: Long in form, short in content

Indirect taxes involve a bigger population cohort considering that the consumer finally pays the GST. Thus, even a...

2 Feb 2020 1:06 AM GMT

Personal income tax collections amounted to Rs 4.7 lakh crore last year, or 2.5 per cent of GDP.

Non-taxpaying NRIs will be taxed as Indian residents

The Budget also proposed to reduce the period of stay in India to 120 days from 182 days earlier for PIOs to be...

2 Feb 2020 12:13 AM GMT

The new personal income tax rates will entail estimated revenue forgone of Rs 40,000 crore per year.

New tax regime gives with one hand, takes away with the other

Analysts claim there won't any great savings under new tax regime.

2 Feb 2020 12:09 AM GMT

Union finance minister Nirmala Sitharaman

Mega talkathon Budget

Fiscal deficit pegged at 3.5%; Nominal GDP to be 10%; Capex scaled to 21%.

1 Feb 2020 11:53 PM GMT

Representational image

Union Budget 2020: Sensex nosedives 900 pts, gives up 40k level

Experts said the Budget has been below par considering investors had extremely high expectations from the government to...

1 Feb 2020 11:16 AM GMT