Bhagyashree Pande The Chief Economic Advisor (CEA), in the Economic Survey put out a day before the budget, has taken the latest GDP of Rs 1.9 lakh cr with 11% growth as put out by the Controller General of Accounts (CGA)¹ because they were released as late as 31 May 2019. These last set
Newsroom24x7 Network London/Hong Kong/Mumbai: India’s new budget outlined some economic reforms that could support the economy, but its fiscal stance was left broadly unchanged, with no plans for meaningful consolidation, says Fitch Ratings. Overall, the budget points to policy continuity on the part of the ruling Bharatiya Janata Party (BJP) following May’s general election. Newly
Newsroom24x7 Network New Delhi/Canberra: Hard working Indians who honestly pay their taxes were looking forward to tax exemptions, raising of the taxable income slab and other forms of relief but were disappointed when nothing of this was announced by in the Budget proposals presented before Parliament on Friday, 5 jULY 2019 by Finance Minister Nirmala
Newsroom24x7 Staff Not once did the UPA or the NDA today, ask the VCs, Principals, Directors, what they would like to do. They were simply asked to do x y z because x y z seemed to have worked in the US or in Europe. The Modi Government proposes to channelise more money to achieve
.Newsroom24x7 Desk Aadhar Bill, Whistle Blower Protection Bill, Child Labour Bill and time permitting Real Estate Bill among 12 Bills proposed for next week Both the Houses debate contentious issue during the first two weeks; Lok Sabha passes one Bill and Rajya Sabha clears 3 Bills New Delhi: Heavy financial and legislative agenda awaits the
Newsroom24x7 Desk New Delhi: Union Finance Minister Arun Jaitley began presenting the Budget for the financial year 2016-17 in Parliament today by pointing out that amidst slowdown in global growth and trade the Indian economy has held its ground firmly and the growth of GDP has accelerated to 7.6%. The Finance Minister told the House
Newsroom24x7 Staff Acquiring land and residential property will be costly in MP Bhopal: Madhya Pradesh Finance Minister Jayant Malaiya today presented in the State Assembly a Rs.158000 crore budget, the third in a row, for the financial year 2016-17. The fiscal deficit in the next financial year is estimated as Rs. 118 crore. The meet
Newsroom24x7 Desk Mumbai : The Reserve Bank of India (RBI) has kept its policy rate on hold at 6.75 percent, as it announced so today, this Tuesday, and the announcement has come as no surprise as it has matched with the anticipation and expectations of such a move, in toto. The status quo raises hopes
Newsroom24x7 Desk New Delhi: Prime Minister Narenda Modi on Friday recalled Mahatma Gandhi’s famous quote “India lives in the villages” and said today the challenge is “how do we move forward to ensure the development of villages. Even the dreams of the smallest of villages in the most far flung areas are now huge.” The
Newsroom24x7 Desk I want to make Japan a place where children can have goals and dreams for the future and take steps toward achieving these dreams, regardless of the environment they are in. I strongly feel that until we do so, Japan will not have a future. – Japanese Prime Minister Shinzo Abe Tokyo: In
Newsroom24x7 Desk The Indian budget released this past Saturday contains both positive and negative elements from a sovereign perspective. While the budget shows this government’s continued orientation on implementation of structural reforms, it could have been more ambitious on the fiscal front, especially given India’s high public debt burden. Making this observation Thomas Rookmaaker, Director
Session to open with President’s Address to members of both the Houses 44 items of Government Business on the agenda for Budget Session Newsroom24x7 Desk New Delhi: The Government will discuss with leaders of various parties the financial, legislative and other business to be taken up in both the Houses of the Parliament during
Hong Kong/Singapore, Jan 20: The surprise decision by the Reserve Bank of India (RBI) to cut its policy rate by 25bps to 7.75% on 15 January, does not have a significant credit impact in the short term, says Fitch Ratings. From the sovereign ratings perspective, achieving a credible, low inflation environment is a key factor
