Budget 2017 was high in details but lacking in the big picture view, said Abheek Barua.
A fiscal reform committee has recommended a debt to GDP ratio of 60%, said Arun Jaitley
MGNREGA receives highest ever allocation in Union Budget 2017-18.
The Union Budget allocates a record Rs 3.96 lakh crore for the infrastructure sector to spur growth.
Adherence to fiscal stability sends a positive signal to foreign investors: Axis Bank
The move is aimed at bringing structural reforms in the payment ecosystem.
Demonetisation impact on growth, if any, to be transitory, said finance minister
Finance Minister sets the agenda for the financial year 2017-2018 in the Union Budget.
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The government’s gross borrowings is expected to rise over a third to Rs 7.14 lakh crore by 2020-21, according to a status paper.
The government hopes RBI will address issues related to liquidity to NBFCs and credit flow for MSMEs in its next meet on Nov. 19.
Public-sector banks have enough liquidity to support NBFCs that are facing liquidity concerns, a government official said today.
A six-month period—with deadline of Oct. 15—was given to payment firms to comply with the RBI directive.
Additional excise duty on Indian-made liquor hiked by 4 percent across the board on all 18 slabs.
Will look at creating a bond ETF consisting of CPSEs, says Divestment Secretary Neeraj Kumar Gupta.
Agriculture and allied sectors get Rs 1.87 lakh crore in Union Budget 2017.
Banking stocks will be in focus after Wednesday’s macroeconomic data.
The amendment is being brought in line with the 7th Central Pay Commission’s recommendations.
India has been a major driver of global economic growth, says Jaitley.
Among the proposals approved, Twinstar Technologies will alone bring FDI worth Rs 9,000 crore.
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Budget 2017’s balancing act.
By presenting an ultra-cautious, safe and non-disruptive document, Ms Modi/Jaitley admitted that India would not survive another seismic shock.