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Saturday, May 15, 2021

Budget

Want to see pvt sector unleash its animal spirits: Sitharaman

New Delhi, Feb 20 (IANS) Finance Minister Nirmala Sitharaman on Saturday said that the Union Budget 2021-22 has assured clarity and certainty on policy, taxation, infrastructure capex and privatization and now it is entirely up to the private sector...

Schemes in Budget would boost S&T ecosystem: Harsh Vardhan

New Delhi, Feb 15 (IANS): There are various new schemes in the Union Budget which would further boost the science and technology ecosystem in the country, Union Minister for Science and Technology Harsh Vardhan said on Monday, hailing the Budget...

Budget attempts to provide stimulus for growth: Sitharaman

New Delhi, Feb 12 (IANS) Finance Minister Nirmala Sitharaman on Friday said that the Union Budget for FY21-22 attempts at providing stimulus to the economy. Noting that post the pandemic global economies have witnessed contraction, the Minister, in her reply...

India’s FY22 budget has potential to lift growth: Fitch Ratings

India's FY22 budget has the potential to lift economic prospects, as higher expenditure will support the near-term recovery and increased infrastructure spending could boost sustainable medium-term growth rates, said Fitch Ratings. Accordingly, the ratings agency pointed out that labour market...

Budget proposals positive for insurance sector: Fitch Ratings

New Delhi, Feb 9 (IANS) India's 2021-2022 Budget proposals to relax foreign-ownership caps on insurers and listing of LIC will help the industry attract foreign capital, strengthen solvency and promote competition, Fitch Ratings has said. Besides, the ratings agency said,...

Govt made Budget transparent, nothing under wraps: FM

New Delhi, Feb 8 (IANS) Finance Minister Nirmala Sitharaman on Monday said that the government has managed to make the Union Budget transparent and there is nothing under wraps or swept under the carpet. "Whatever the government is borrowing or...

Budget is foundation stone for making India ‘future-ready’: Goyal

New Delhi, Feb 7 (IANS) Hailing the Union Budget 2021-22, Railway Minister Piyush Goyal on Sunday said that this Budget is the foundation stone for making the country "future-ready". Addressing a press conference at the Delhi BJP office as part...

Budget will enhance growth in manufacturing, trade: Commerce Secy

New Delhi, Feb. Feb 3 (IANS) The Budget for 2021-22 extensively and comprehensively envisages several initiatives and areas of focus, aimed at enhancing India's overall competitiveness and manufacturing capacities, which would enable growth, diversification and technological enhancement of India's...

Govt eliminates kerosene subsidy, LPG support halved

Subhash Narayan (IANS) The Covid-induced demand suppression and subdued global oil prices have helped the central government to move rapidly in the direction of complete elimination of fuel subsidy. While kerosene subsidy has been brought to a naught in Budget...

Majority of people feel Budget 2021-22 will fail to curb inflation

New Delhi, Feb 1 (IANS) Majority of the people in the country expressed dissatisfaction with the Union Budget presented by Finance Minister Nirmala Sitharaman on Monday, saying it will not be able to bring down inflation, according to the...

Latest News

India needs stricter action as WhatsApp privacy policy goes live

New Delhi, May 15 (IANS) With the controversial WhatsApp privacy policy coming into effect from Saturday for its over...