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Indian Union Budget News

Budget 2023: FM Nirmala Sitharaman to perform Halwa Ceremony today; know all about the ritual

Budget 2023: FM Nirmala Sitharaman to perform Halwa Ceremony today; know all about the ritual

Thu, Jan 26, 2023

Budget 2023: Along with the Union Finance Minister, the Halwa ceremony will be attended by the Union Ministers of State for Finance and Secretaries of the Ministry of Finance besides senior officials and members of the Union Budget Press.

Budget 2019 expectations: Investors want focused disinvestment roadmap to meet fiscal deficit targets

Budget 2019 expectations: Investors want focused disinvestment roadmap to meet fiscal deficit targets

Wed, Jan 09, 2019

In fact, it has been falling for the last two month due to the concerns related to the government not meeting its fiscal deficit target and FIIs not in the mood to park their money in Indian markets," said Anindya Banerjee of the Kotak Securities.

Railways not to seek more funds from Budget, says Goyal

Railways not to seek more funds from Budget, says Goyal

Sun, Nov 19, 2017

The Budget that Finance Minister Arun Jaitley presents on February 1 next year will be the second after the railway and Union budgets were merged in a break with the colonial-era tradition.

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Govt actively working on electoral bond mechanism: Jaitley

Govt actively working on electoral bond mechanism: Jaitley

Sat, Jul 22, 2017

In a major move aimed at promoting transparency in political funding, Jaitley had in this year's Budget speech announced capping of anonymous cash donations to political parties at Rs 2,000 and introduced electoral bonds.

Budget raises India's capital market ambitions

Budget raises India's capital market ambitions

Mon, Feb 06, 2017

The government intends to raise Rs 110 billion from the listing of state-owned insurance companies, Rs 465 billion from the sale of stakes in state-owned companies on local stock exchanges and Rs 150 billion from strategic sales in 2017-18.

Oil firms'' merger will create multiple entities -- also problems

Oil firms'' merger will create multiple entities -- also problems

Sun, Feb 05, 2017

"It will not be one company. It will not be wise to put all eggs in one basket. There will be multiple companies...but all these will be integrated," Pradhan told reporters here following the budget presentation earlier last week.

Capital infusion in PSU banks after Q3 numbers

Capital infusion in PSU banks after Q3 numbers

Sun, Feb 05, 2017

"We are working on the numbers. The third quarter numbers are not all in. The results are coming in and the information we have we are adding it up to our number crunching exercise," the official said.

FIPB phase out mechanism to be ready in couple of months: Das

FIPB phase out mechanism to be ready in couple of months: Das

Sun, Feb 05, 2017

"We will come out with a revised mechanism. The powers will be delegated to the regulators or to the individual ministries or department (for dealing with remaining 10 per cent FDI proposal which requires government approval)," Das told PTI in an interview.

Rating agencies several notches behind India's reality: Das

Rating agencies several notches behind India's reality: Das

Sun, Feb 05, 2017

Taking a dig at global rating agencies for failing to upgrade India's sovereign rating despite significant improvement in macroeconomic parameters, Economic Affairs Secretary Shaktikanta Das has said the agencies are several steps behind from reality and are missing out on something which only they can best explain.

Budget hike for kids-related schemes nominal: Satyarthi

Budget hike for kids-related schemes nominal: Satyarthi

Sun, Feb 05, 2017

"Like last 15 years, budgets for children have remained stagnant with Union Budget 2017-18 allocating just 3.32% to children. While the need is that of exponential increase, allocations for children have seen only an incremental increase with Rs 71,305.35 crore from Rs 65,758.45 crore in 2016-17 budget," Komal Ganotra, director (policy, research and advocacy) at CRY told PTI.

Budget will spur growth, make economy competitive: India Inc

Budget will spur growth, make economy competitive: India Inc

Wed, Feb 01, 2017

AC-maker Blue Star's B Thiagarajan said the Budget will give a boost to rural sector.

Union Budget 2017: 5% tax rate on salary between Rs 2.5 lakh to Rs 5 lakh

Wed, Feb 01, 2017

Union Budget 2017 is scheduled to be announced at 11 am on February 1, 2017 by Finance Minister Arun Jaitley. This is a unique budget in many ways as it is the first time in 92 years that there will be no separate railway budget.

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