1. Business & Economy

Business & Economy

By Shivaji Sarkar

Budget 2019: Swadeshi savings to fund Govt

  By Shivaji Sarkar New Delhi: The Modi-led NDA-II’s budget has changed the focus to peg India’s finances on village and farms, clearly a visible shift from the Nehruvian economy of promoting large public sector…

NBFC crisis has peaked but not ended: Finance Minister

By Anjana Das Juyly 6, 2019 New Delhi:  Finance Minister Nirmala Sitharaman on Saturday said the non-banking finance company (NBFC) sector crisis has plateaued but not ended yet and her ministry will monitor the emerging…

Business & Economy

Budget 2019: Brace for 20 to 40bps slippage in fiscal deficit

July 6, 2019 New Delhi: Agriculture, rural development and investments remained the focus for the government’s full Union budget for FY20. The government has conservatively cut down net tax revenue estimates by 3.7 per cent…

US dollar rises against most major currencies

July 5, 2019 New York:  The US dollar rose against most major currencies as the economic data came out better than expected. In late New York trading on Friday, the euro fell to $1.1221 from…

Business & Economy

Rupee ends higher after Union Budget

July 5, 2019 New Delhi,: Contrary to the equity markets, the Indian rupee gained against the US dollar on Friday after the presentation of the Union Budget as fiscal deficit and gross borrowings were in…

Business & Economy

Union Budget 2019-20: Major takeaways, announcements

July 5, 2019 New Delhi: The Union Budget 2019-20 presented by Finance Minister Nirmala Sitharaman on Friday, had major announcements across various sectors. Here are a few major takeaways from the Union Budget. – Tax…

Business & Economy

‘Bahikhaata’ budget angers middle class on social media

July 5, 2019 New Delhi: The moment after the “bahikhaata” Union Budget was presented on Friday, people took to social media platforms that erupted with angry and perplexed reactions. “Your folder is sanskaari, symbolising ‘departure…

Business & Economy

Budget fails to uplift sentiments, Sensex tanks over 390 pts

July 5, 2019 Mumbai:  Reversing the gains made during the early trade on Friday prior to the Budget speech, the Sensex and Nifty declined around 1 per cent as the Union Budget failed to cheer…

Business & Economy

Budget 2019: India to become $3 trillion economy this year:Sitharaman

July 5, 2019 New Delhi: The Indian economy will become a three trillion dollar economy in the current year and is on the path of achieving the Prime Minister’s vision of a five trillion dollar…

Business & Economy

Budget seeks to fire all engines to rev up investment

July 5, 2019 New Delhi:  The first Budget of the Modi 2.0 government on Friday sought to fire all engines to revive private investment and boost consumption offering a slew of tax concessions to companies,…

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