UNION BUDGET 2019 20
Budget 2020 should cut income tax slabs, offer tax breaks to boost investment: EY
The Indian economy is growing at around 5 per cent in FY 2019-20, which is the lowest in the past 11 years.
FM Sitharaman holds pre-budget consultations with stakeholder groups of trade union
Union Minister for Finance, Nirmala Sitharaman, held pre-...
India adds checks to rice exports to European Union
The commerce and industry ministry on Thursday amended the export policy for Basmati and ...
Market Movers: What changed for D-Street while you were sleeping
Here’s breaking down the pre-market actions.
After 5% growth estimates, Prime Minister Narendra Modi seeks suggestions on Budget
Finance Minister Nirmala Sitharaman had already asked for public views on the budget earlier. Modi had a brainstorming session with the top 11 industry captains including Ratan Tata and Mukesh Ambani this week on economic revival and demand growth. The 5 per cent growth projection is the 11-year low.
What constitutes Public Debt?
Public debt is the total liabilities of the central government contracted against the Consolidated Fund of India. It excludes liabilities contracted against Public Account. According to Economic Survey 2018-19, total liabilities of the Central Government at end-March 2019 stood at Rs 84.7 lakh crore and 90 per cent of which was public debt.
Not much to differentiate between ICICI Bank, HDFC Bank and Kotak Bank now: Kunj Bansal
One can’t time the market, one can only play catch up. If money is coming into the economy, look for safer opportunities. Use part of the cash to keep coming back in the market at every movement and set some defined triggers. Decide that on every X% rise, you would invest Y% or on X% fall, you would invest Y%.
Finance ministry unveils detailed presentation on steps taken to boost economy
In a press briefing, the CEA gave a recap of the steps taken by the government to boost the economy.
Budget 2020: ISSDA seeks nil duty on import of key raw materials
ISSDA also urged the government for simultaneous imposition of 12.5% custom duty on stainless steel flat product imports in order to bring it at par with carbon steel. The association has also sought abolition of 7.5% import duty on graphite electrodes, another major raw material for stainless steel manufacturing, an official statement said.
ETRise Dialogues: How to raise money during economic uncertainty? Join panel discussion
Experts believe the best way to survive in this situation is evaluate new options of raising credit, make better use of the existing options and make practical projections.
FY20 deficit likely to be 4.5-5% of GDP: Ex-Fin Secy
Former finance secretary Subhash Garg has said India's real fiscal deficit in FY20 is likely to be higher at 4.5-5% of GDP due to an expected shortfall in revenue, and higher spending.
IT largecaps reaching stagnation after a good 2019: Dipan Mehta
We cannot have just 15-20 stocks driving the Nifty and the Sensex higher and rest of the stocks going nowhere
Jhunjhunwala’s Budget wish-list, views on Tatas, bubble asset & sectors to bets
Jhunjhunwala said the government must make investing in real estate tax-free.
RBI should act as lender of last resort, provide liquidity to NBFCs: SBI
In its report on Budget expectations, the economists said RBI should "seriously think" of providing liquidity to NBFCs against the assets held by the lenders. "Given the crisis of confidence in the financial markets, it is imperative that central banks don't forget their primary function of being the lender of the last resort," they said.
How bad really is the fiscal situation?
At this point, it makes sense to bite the bullet. Govt can fret over deficit after growth has picked up.
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