Budget 2014: Live Updates
10 Jul, 2014 , 09:27 AM IST
PM Narendra Modi government's maiden budget sought to encompass all major sectors of the economy; financial, manufacturing, jobs, infrastructure, defence. Finance Minister Arun Jaitley also provided marginal relief to taxpayers. Track ET to catch the live action...
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02:44 PM
Finance Minister: Budget steps on realty sector to boost construction activity
02:39 PM
Tax savings of Rs 20,000 in highest tax slab
For those earning up to Rs 10 lakh a year, the potential savings will be lower at Rs 15,000.
02:39 PM
02:38 PM
Wait for another year for big-bang measures
- Deepak Parekh
02:37 PM
FM: Don't want to pass tax burden on future generation
02:36 PM
02:35 PM
FM: Had to clear up issues of GST, Retro tex, Tourism
02:35 PM
Prices of fizzy drinks, flavoured water, juices and energy drinks to increase by Rs 2-10
The prices will go up by anywhere between Rs 2-10, specially on bigger PET packs.
02:35 PM
FM: Economy is in an extremely challenging position
02:35 PM
FM: Had to resolve a lot of past issues of UPA Govt
02:33 PM
02:33 PM
FM: Budget objective was to revive economy
02:32 PM
Bulls back in the Ring! Budget over, market likely to retest all-time highs: Experts
With uncertainty over the budget out of the way, bulls are back in the market.
02:32 PM
FM: Tax incentives for manufacturing sector will aid in revival
02:31 PM
Containing fiscal deficit is a priority for the Govt: FM
02:31 PM
Delhi's water sector to get Rs 500 crore
"To make Delhi a world class city - Rs 200 crore for power and Rs 500 crore for water have been allocated," Finance Minister Arun Jaitley said
02:31 PM
FM: Did not want to burden the common man any further
02:30 PM
02:30 PM
FM: Object was to revise economy
02:29 PM
02:29 PM
NK Singh: There is a lot of clarity on tax laws like transfer pricing
02:28 PM
Need to rekindle the investment- savings cycle
- NK Singh
02:27 PM
Jayant Sinha: Budget outline measures to boost infra financing, recap in PSU bks
02:27 PM
Jayant Sinha: Budget outline measures to boost infra financing, recap in PSU bks
02:26 PM
Budget 2014: To promote clean and efficient thermal power, Rs. 100 crores will initially be provided for a new Scheme - `Ultra-Modern Super Critical Coal Based Thermal Power Technology'.
02:26 PM
Moody's: Budget did not specify measures to meet the fiscal deficit target
02:25 PM
Need to closely watch the quality of fiscal consolidation
- Moody's
02:25 PM
Budget 2014: It is proposed to set up a Trade Facilitation Centre and a Crafts Museum with an outlay of Rs. 50 crore to promote handloom products
02:24 PM
Things will be done bottom up in Budget 2014
- Samir Arora, Helios Capital
02:24 PM
Budget 2014: Pune to be the headquarters of National Industrial Corridor Authority. It is being set up to coordinate the development of the industrial corridors
02:23 PM
What we have is a budget that clearly touches on many areas. I believe it's a balanced budget: Naina Lal Kidwai
02:20 PM
Budget 2014: The Government has set a target of Rs. 8 lakh crore for agriculture credit during 2014-15.
02:20 PM
Huge amount of clarification and intent shown in the Budget; wait for another year for big bang measures
- Deepak Parekh
02:19 PM
02:19 PM
Budget 2014: Rs. 4,966 crore for Rashtriya Madhyamik Shiksha Abhiyan.
02:18 PM
Budget 2014: The Government is to set up two National Institutes for Ageing in New Delhi and Chennai.
02:17 PM
Budget 2014: Government to spend Rs 3,600 crore to provide clean water
The Government has also earmarked Rs. 3,600 crore under National Rural Drinking Water Programme for providing safe drinking water to approximately 20,000 habitations.
02:17 PM
There is nothing in the budget that can do good for the common people, only rich people will be benefitted
- Rajiv Shukla
02:16 PM
Budget 2014: Commodities that will cost you less/more (Times Now)
02:15 PM
You should've asked Sonia Gandhi what's been copied and she would've had no answer. Economy is in desperate situation
- Harsimrat Kaur Badal
02:15 PM
It's not over ambitious, it's a people friendly budget. Things will change now, we will achieve greater heights
- Rajnath Singh
02:14 PM
Budget 2014: The Government also proposes to start a new programme called `Neeranchal' with an initial outlay of Rs. 2,142 crore to further boost watershed development.
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02:14 PM
First time I have heard such a comprehensive budget speech: LK Advani
02:14 PM
Nothing for common man. It's for industrialists, Super Budget is all about FDI & PPP: Mallikarjun Kharge
02:13 PM
Budget 2014: Rural India to get feel of startups
The Government proposes to start up Village Entrepreneurship Programme for encouraging rural youth to take up local entrepreneurship programs for which an initial sum of Rs. 100 crore is to be provided
02:12 PM
This is a perfect and practical budget, common man will definitely get the benefit out of this budget
- Mukhtar Abbas Naqvi
02:12 PM
Govt hopes to finalize GST contours this year: Jaitley
02:11 PM
Budget 2014: A sum of Rs 1000 crore to meet requirement for "one rank one pension"
02:10 PM
Budget 2014: Target of NH construction of 8500 km in current financial year
02:08 PM
Budget should have capitalised on momentum going for the Govt: Mythili Bhusnurmath
02:07 PM
Arun Jaitley: Not revoking past retrospective tax, but no new case now
02:05 PM
The complete concentration is on FDI and PPP. FDI won't solve everything:
- CPI(M) leader Sitaram Yechury
02:05 PM
Envision Capital: Mkts relieved no negative surprises in this budget
02:05 PM
Budget has made it clear that retro tax will not be used ad hoc
- Ravi Shankar Prasad
02:04 PM
02:04 PM
Measures announced in Budget will bring back growth, says Finance Secretary Arvind Mayaram
02:03 PM
'Clean energy cess increased to Rs 100/tonne'
02:02 PM
02:02 PM
Finance Minister: Expect to raise ?6,500 cr in FY15 by selling SUUTI shares
02:00 PM
IDFC : Stress on roads, infra, railways, REITs to revive invst cycle
01:59 PM
IDFC : Stress on roads, infra, railways, REITs to revive invst cycle
01:59 PM
IDFC : Budget statement pro-growth
01:57 PM
Budget has given emphasis to wind & solar energy: JSPL
01:50 PM
Budget 2014: FY15 nominal GDP growth assumed at 13.4%
01:50 PM
Budget 2014: FY15 revenue deficit pegged at 2.9%
01:49 PM
Budget 2014: FY15 dividend, profit pegged at Rs 90,229 cr
01:49 PM
Budget 2014: FY16 tax-GDP ratio seen at 10.9%; FY17 at 11.2%
01:49 PM
Budget 2014: Govt aims to cut revenue deficit to 2.2% in FY16; 1.6% in FY17
01:49 PM
Budget 2014: FY15 income tax mop-up seen at Rs 2.84 lk cr
01:47 PM
Budget 2014: FY15 customs duty mop-up seen at Rs 2.02 lk cr
01:47 PM
Budget 2014: FY15 excise duty mop-up seen at Rs 2.07 lk cr
01:47 PM
Budget 2014: FY15 service tax mop-up seen at Rs 2.16 lk cr
01:46 PM
Budget 2014: Sets FY15 gross market borrowing at 6 lk cr. Sets FY15 divestment target at Rs 43425 cr
01:46 PM
Budget 2014: FY15 total divestment mop-up aim at Rs 63,400 cr
01:46 PM
01:45 PM
Budget 2014: Sets FY15 net market borrowing at Rs 4.61 lk cr. Sets FY15 revenue gap at Rs 3.78 lk cr
01:45 PM
Budget 2014: FY15 fiscal deficit projected at Rs 5.31 lk cr
01:44 PM
Budget 2014; FY15 interest payments seen at Rs 4.27 lk cr
01:44 PM
Budget 2014: FY15 receipts from other communication svcs at Rs 45,470 cr
01:44 PM
Budget is the first step towards 'ache din aane wale hain'
- Deepak Parikh
01:42 PM
Budget 2014: FY15 fuel subsidy set at Rs 63,430 cr
01:38 PM
Here's a list of what will cost you more:
01:36 PM
Madhu Kela: Next Budget could be a big bang one
01:35 PM
This is tentative, because the Budget papers are not at hand yet, but here's a first shot at judging the overall Budget: too micro, too many sector specific sops and so on. A few tax sops targeted at the middle class, but because of fiscal constraints, too little of that. A standstill Budget, that has few negatives but few positives either.
- Abheek Barman, Senior Editor, Economic Times
01:35 PM
Budget 2014: Sets FY15 revenue gap at Rs 3.78 lk cr
01:35 PM
Budget 2014: Sets FY15 net market borrowing at Rs 4.61 lk cr
01:35 PM
People friendly Budget, says Rajnath Singh
01:34 PM
No bitter medicine as earlier talked about, instead sugar coated pills in the Budget
- S A Aiyar
01:33 PM
There is nothing for the social sector, they have copied most of our schemes, says Sonia Gandhi
01:33 PM
Nilesh Shah: It is positive and constructive for the economy as a whole
01:32 PM
Nilesh Shah: Budget scores on tourism, river linking. Focus areas are good
01:32 PM
Budget 2014: Sets FY15 divestment target at Rs 43,425 cr
01:32 PM
Well, at last we get what this country needs. This budget will cater to all the classes of society
- Murli Manohar Joshi
01:32 PM
Budget 2014: Sets FY15 gross market borrowing at Rs 6 lk cr
01:31 PM
This is a revival budget which will help the common man, it's for the common man
- Ananth Kumar
01:30 PM
Budget began well, but lost its track in the middle
- Bibek Debroy
01:29 PM
Market update: Sensex gains over 300 points after shedding 300
01:29 PM
Hope Budget will kick start the market sentiment
- K V Kamath
01:29 PM
01:27 PM
FM: Service Tax proposed on Radio taxis
01:27 PM
Most Active by Value
ITC Rs 343 (+0.4%)
SBI Rs 2570 (-0.5%)
L&T Rs 1665 (+0.8%)
RelCap Rs 601 (+1.7%)
01:25 PM
Which means that all the current cases, including Vodafone will carry on. FM says no further cases .. but as long as the statute remains on the books, new investors can also get hauled up in future. So, where does that leave us?
- Abheek Barman, Senior Editor, Economic Times
01:25 PM
'Raises customs duties on some diamond grades to 2.5%'
01:25 PM
So what's the final verdict? It's a ream budget this is of course not a dream budget, nowhere close to it, but since there's nothing ghastly, it's not a nightmare budget either, it's more like ream budget, reams and reams of details, and we have to wait more to see whether Modi sarkar can revive the investment cycle
- Saubhik Chakrabarti, Associate Editor, Economic Times
01:24 PM
This is a populist budget. It tries to appease the urban middle class
- Senior CPI leader
01:23 PM
Nifty Losers
Bharti Rs 333 (-2.6%)
TechM Rs 2039 (-1.3%)
TCS Rs 2382 (-0.7%)
BPCL Rs 579 (-0.6%)
01:23 PM
Alright, the major disappointment for prospective foreign investors is no reversal on retrospective taxation
- Abheek Barman, Senior Editor, Economic Times
01:23 PM
Nifty Gainers
DLF Rs 217 (+6.7%)
IDFC Rs 148 (+6.1%)
Tata Pwr Rs 107 (+4.4%)
Hindalco Rs 176 (+3.2%)
01:22 PM
01:21 PM
Unless I missed it, there was no disinvestment target announced and there was no sense that major compression of expenditure was happening...since FM has stuck to Chidambaram's targets, his big test now is how between now and March he can get the deficit down...the budget doesn't offer a clue
- Saubhik Chakrabarti, Associate Editor, Economic Times
01:21 PM
Budget 2014: Tax slab highlights (Times Now)
01:20 PM
Disappointed on the FDI in Defence allocation. 49% is very less.
- Deepak Parikh
01:19 PM
Cigarettes, pan masalas to be Costlier: FM
01:19 PM
Finally, some good news...fiscal deficit target kept at 4.1% and 3% target announced...how will this be achieved needs look at expenditure fine print
- Saubhik Chakrabarti, Associate Editor, Economic Times
01:17 PM
01:17 PM
Budget 2014: Clean Energy cess increased from Rs. 50/ tonne to Rs 100/tonne
01:16 PM
Highlights of Union Budget 2014 (Times Now)
01:16 PM
Budget 2014: Tax proposals on indirect tax front would yield Rs. 7,525 cr
01:16 PM
Budget 2014: To increase excise duty on cigarettes between 11% - 72%
01:15 PM
FM finishes speech and tables three additional documents...is that an innovation?
- Saubhik Chakrabarti, Associate Editor, Economic Times
01:14 PM
Budget 2014: Print media to continue to be exempted from Service Tax
01:14 PM
Markets live: Sensex up 200 points after shedding 300
01:14 PM
Budget 2014: Service Tax proposed on radio taxis
01:14 PM
Markets recover somewhat from their blue funk...may be because of some tax reliefs...but there isn't a suge...there can't be
- Saubhik Chakrabarti, Associate Editor, Economic Times
01:14 PM
Budget 2014: To extend Service tax on advtg in Mobile phone media space
01:14 PM
Budget 2014: Ups excise duty on gutka to 70% from 60%
01:13 PM
TV, computer, fridge to be cheaper: FM
01:13 PM
Cigarettes to become expensive, footwear gets cheaper
To raise export duty on bauxite to 20% from 10%
To cut excise duty to 6% from 12% on footwear below Rs 1,000
To raise excise duty on cigarette between 11%-72%
To raise excise duties on chewing tobacco, cigars
To raise excise duty on aerated water containing added sugar
Raises excise duty on pan masala to 16% from 12%
01:12 PM
FM's speech is now over 2 hours...this is no where close to being the best budget ever...it may not even be a good budget...but it's close to being the longest budget...not really a big compliment
- Saubhik Chakrabarti, Associate Editor, Economic Times
01:12 PM
01:11 PM
01:11 PM
Most Active by Value
SBI Rs 2555 (-1.0%)
ITC Rs 342 (+0.2%)
L&T Rs 1662 (+0.6%)
RelCap Rs 606 (+2.6%)
01:10 PM
Nifty Losers
Bharti Rs 331 (-3.1%)
TechM Rs 2025 (-2.0%)
BPCL Rs 574 (-1.4%)
Asian Paints Rs 587 (-1.3%)
01:10 PM
Print media advertising remains exempt from service tax, but online advertising to be included under service tax net...as a print media journalist who's writing for the paper's website, I don't know how to respond :)
- Saubhik Chakrabarti, Associate Editor, Economic Times
01:10 PM
Nifty Gainers
IDFC Rs 148 (+5.9%)
DLF Rs 213 (+4.7%)
Tata Pwr Rs 107 (+3.8%)
Hindalco Rs 176 (+3.3%)
01:10 PM
01:09 PM
Negative for mutual debt fund schemes and corporates parking surplus in debt plans as any withdrawal before three years would attract tax as high as fixed deposits
- Sugata Ghosh, Senior Editor, Economic Times
01:09 PM
'15000 km of pipeline to be developed through PPP'
01:09 PM
Investment cap under Section 80 C raised to Rs 1.5 lakh
The hike in the exemption limit would provide much needed relief to the salary earners who are reeling under the impact of high inflation.
01:08 PM
Budget 2014: Net loss on direct tax proposals seen at 22,200 cr in FY15
01:08 PM
Massive increase in excise tax on cigarettes and additional tax on aerated water that has sugar...that means soft drinks, presumably...these are easy hits for FM...no one will criticise these steep new taxes
- Saubhik Chakrabarti, Associate Editor, Economic Times
01:07 PM
Budget 2014: Announces increased excise duty on tobacco products, and aerated water products with added sugar
01:06 PM
Rs 3000 cr allocated for state police modernization: FM
01:06 PM
Budget 2014: Announces reduction in excise duty for specified food package industry from 10% to 6%.
01:06 PM
Budget 2014: Export duty on bauxite enhanced from 10% to 20%
01:06 PM
01:05 PM
Budget 2014: Raises customs duties on some diamond grades to 2.5%
01:05 PM
FM has just finished reading out a long list of small tax concessions for small economic activities...a smart budget would have not listed these at all but put them in the footnote...every FM looks unimpressive while reading out these mind numbing micro details...so does this FM
- Saubhik Chakrabarti, Associate Editor, Economic Times
01:05 PM
Budget 2014: To cut excise duty to 6% from 12% on footwear
01:05 PM
01:05 PM
Budget 2014: Hikes customs duty on flat steel products to 7.5% from 5%
01:04 PM
Too many sector-specific excise concessions .. can this lead to fiscal consolidation?
- Abheek Barman, Senior Editor, Economic Times
01:04 PM
Budget 2014: To cut basic customs duty on some petrochemical units. Exempting picture tubes from basic customs duty
01:04 PM
Excise concessions to continue till December 31, no change there. Will manufacturing respond?
- Abheek Barman, Senior Editor, Economic Times
01:03 PM
FM give a carro to FIIs...move back from Mauritius and you get a tax break...will FIIs bite? Probably not...Mauritius offers all kinds of advantages that FIIs don't want to talk about, treating their income as capital gains, where long term tax is zero and short term tax is 15%, may not be incentive enough
- Saubhik Chakrabarti, Associate Editor, Economic Times
01:03 PM
Rs 1,000 crore for 'one rank, one pension' scheme: FM
01:02 PM
Income tax exemption limit hiked from Rs 2 lakh to Rs 2.5 lakh
New tax slabs:
Upto 2.5 lakh - NIL;
above 2.5-5 lakh - 10%;
Rs 5-10 lakh - 20%;
Above Rs 10 lakh - 30% ;
SrCitizen: Above 60(Upto 3lakh)/Above 80(Upto Rs 5 lakh)-NIL
01:02 PM
Nothing so far on scrapping retrospective taxation of takeover deals? Or did I miss it? If that's not scrapped, it'll be a HUGE blow for prospective foreign investors.
- Abheek Barman, Senior Editor, Economic Times
01:00 PM
FM: Basic custom duty on LED panel below 19 inch made nil
01:00 PM
01:00 PM
Cheaper Now: TV sets, Solar power units, computers, oil products, soaps
12:58 PM
Good news for tax payers, Income tax exemption hiked by Rs 50000 to 2.5 lakhs
12:57 PM
Budget 2014:To strengthen tax administration governing transfer pricing in MNCs
12:55 PM
Budget 2014: FM retains tax rebate on dividend by foreign companies
12:55 PM
12:54 PM
Budget 2014:FIIs' portfolio income to be treated as Capital Gains
12:54 PM
The government will review DTC. GAAR may be pushed back -- a move that foreign portfolio managers will welcome
- Sugata Ghosh, Senior Editor, Economic Times
12:54 PM
Budget 2014:60 more Ayakar Sewa Kendras to be set up in the country
12:53 PM
Most Active by Value
SBI Rs 2535 (-1.8%)
ITC Rs 343 (+0.4%)
L&T Rs 1649 (-0.2%)
RelCap Rs 595 (+0.6%)
12:53 PM
Nifty Losers
Bharti Rs 330 (-3.5%)
BPCL Rs 567 (-2.7%)
NMDC Rs 169 (-2.5%)
SBI Rs 2538 (-1.7%)
12:53 PM
'Uniform KYC across the financial sector'
12:53 PM
Nifty Gainers
IDFC Rs 146 (+4.9%)
DLF Rs 209 (+2.6%)
Tata Pwr Rs 105 (+1.9%)
Infy Rs 3365 (+1.7%)
12:52 PM
Parity in tax structure between mutual funds and bank deposits should help banks in supporting deposit growth -- a suggestion from RBI
- Sugata Ghosh, Senior Editor, Economic Times
12:52 PM
Insurance stocks trade mixed after FDI cap hike announcement
Max India was down 1.93 per cent and Reliance Capital shares were trading 1.32 per cent lower on the BSE.
12:52 PM
Tax announcements by FM
No change in direct tax rates
To increase personal I-T limit to Rs 2.5 lk
Raises tax exemption limit to Rs 3lk vs Rs 2.5lk for senior citizens
No change in tax laws for Hindu Undivided Families
Education cess to continue at 3%
To raise Housing interest deduction limit to Rs 2 lk
Raises 80C investment cap to Rs 1.5 lk
To raise investment allowance for investments above Rs 25 cr in units
12:51 PM
Dood thing he didn't change any tax rates...he wasn't expected to anyway...the 15% investment allowance for companies for investment over Rs 25 crore --- that may be an incentive, but in these things the devil lies in details...so far, Part B is as unimpressive as Part A
- Saubhik Chakrabarti, Associate Editor, Economic Times
12:51 PM
'Rs 500 cr for displaced Kashmiri Pandits'
12:50 PM
12:49 PM
Budget 2014:: Provide investment allowance at 15% for 3 yrs to manufacturing company which invest more than Rs 25 cr in plant and machinery.-PIB
12:49 PM
12:49 PM
There will be marginal increase in property demand due to higher tax deduction on interest payment. Positive for existing borrowers
- Sugata Ghosh, Senior Editor, Economic Times
12:49 PM
Budget 2014:: Propose to increase investment limit under Section 80C from Rs. 1 lakh to Rs. 1.5 lakhs
12:48 PM
12:48 PM
Budget 2014: Revenue Deficit seen at 2.9% for FY15
12:48 PM
There, exemption limit for income tax limit has been raised and so has tax saving ceiling...so some more money in hands of middle class...feel good changes...but middle class should know that unless growth revives, their medium term outlook won't improve substantially
- Saubhik Chakrabarti, Associate Editor, Economic Times
12:47 PM
Budget 2014:Raises 80C investment cap to Rs 1.5 lakh. Hikes housing interest rate deduction limit to Rs 2 Lakhs
12:47 PM
FM: Tax exemption limit for small and marginal, and senior tax payers changed from Rs. 2.0 to Rs 2.5 lakhs
12:46 PM
Finally, he's come to tax proposals!! Part A was so long...one was gasping for tax announcements!
- Saubhik Chakrabarti, Associate Editor, Economic Times
12:46 PM
Budget 2014: Gross Tax reciepts seen at 13.64 lakh crores
12:46 PM
Budget 2014: Tax exemption limit for senior citizens changed from Rs. 2.5 lakh to Rs. 3.0 lakhs-PIB
12:46 PM
80C hiked from Rs 1 lakh to Rs 1.5 lakh. And this is supposed to boost overall savings rate from 30% of GDP to 33%? Dream on.
- Abheek Barman, Senior Editor, Economic Times
12:45 PM
Budget 2014: Tax exemption limit for small and marginal, and senior tax payers changed from Rs. 2.0 to Rs 2.5 lakhs
12:45 PM
Increase in Plan expenditure and lower than expected divestment target raise fiscal deficit to 4.5% from 4.1% as pegged in the interim budget. This may be necessary to boost growth
- Sugata Ghosh, Senior Editor, Economic Times
12:45 PM
Arun Jaitley raises PPF ceiling to Rs 1.5 lakh
12:45 PM
Budget 2014: Do not propose to make any changes in tax rate
12:44 PM
If I'm hearing right, Jaitley is retaining Chidambaram's revenue targets. Chidambaram set an outrageous 19% revenue growth target
- Abheek Barman, Senior Editor, Economic Times
12:44 PM
12:43 PM
Budget 2014: Planned Expenditure seen at Rs 5.75 lakh crores
12:43 PM
12:43 PM
Also, more pure politics-- Ganga revival gets boatloads of money...guess who has been talking about Ganga revival...But will more money work, Rajiv Gandhi thew money at Ganga as well...and it remains as dirty as ever
- Saubhik Chakrabarti, Associate Editor, Economic Times
12:43 PM
Budget 2014: Had to encounter challenge of extremely limited fiscal space in deciding tax policy, says FM
12:42 PM
Budget 2014: Non-Planned Expenditure seen at Rs 12.189 lakh crores
12:41 PM
Ok, Kashmiri migrants gets an allocation...this is pure BJP politics...like money for Sardar Patel statue...Congress can't complain...it used to do the same thing...but that doesn't make these kind of political budgeting better...BJP sounds like Congress...and that should worry the ruling party
- Saubhik Chakrabarti, Associate Editor, Economic Times
12:41 PM
Budget 2014:To provide 200 cr for power reforms & 500 cr for Water reforms in Delhi
12:40 PM
Metro rail services to be launched in Lucknow and Ahmedabad; Rs 100 crore set aside for it: FM-Times Now
12:39 PM
Budget 2014: FM announces Rs 150 cr for communication needs of Andaman & Nicobar islands-PIB
12:39 PM
12:39 PM
Budget 2014: Announces "Arun Prabha" channel for NE region; will be 24/7 channel
12:39 PM
So, finally something to sink our teeth into...a small gesture to savres, increasing PPF to Rs 1.5 lakh...that means there has to be coeespending changes in over tax saving ceilings as well, at least there should be...and FM also says nice things about the FSLRC, which stands for Financial Sector Legislative Reforms Committee, which is something Chidambaram had set up...about 30 people in a country of 1.2 billion seriously care about this important but complicated issue that includes reforming how RBI operates...10 of those 30 people are in RBI and RBI is bitterly opposed to FSLRC recommendations...so will North Block and Mint Street be on a conflict course...Mint Street says if FSLRC changes are accepted its autonimy will be under attack...we will have to see whether FM is serious about taking on RBI on this
- Saubhik Chakrabarti, Associate Editor, Economic Times
12:38 PM
Budget 2014: Govt committed to development of Telangana and AP
12:38 PM
MP Gajapati Raju caught yawning on camera
- Abheek Barman, Senior Editor, Economic Times
12:38 PM
Budget 2014: Rs 1000 cr provided for rail connectivity in NE region
12:37 PM
Rs 1,000 crore to enhance rail connectivity to the northeast ... welcome move, now get those trains chugging all the way to Mizoram.
- Abheek Barman, Senior Editor, Economic Times
12:37 PM
Budget 2014: Rs 100 cr set aside for development of organic farming in north east region-PIB
12:37 PM
Budget 2014: Programme for displaced Kashmiri migrants with Rs. 500 cr to be started
12:36 PM
Budget 2014: Young Leaders Programme to be set up with Rs. 100 cr.
12:36 PM
Budget 2014: Rs 200 cr set aside for upgradation of indoor and outdoor stadium in J&K to international standards.
12:36 PM
12:35 PM
Budget 2014: Sports University to be set up in Manipur; Rs. 100 cr provided in current financial year
12:35 PM
Budget 2014:Govt will set up national sports academy for different sports in different parts of India
12:35 PM
Budget 2014: Biotech clusters to be set up in Bangaluru and Faridabad to take science and technology to new heights
12:34 PM
Nifty Gainers
Wipro Rs 557 (+1.6%)
Infy Rs 3364 (+1.6%)
HCLT Rs 1493 (+1.3%)
Hindalco Rs 172 (+1.2%)
12:34 PM
Rs 200 crore allocated to set up six textiles clusters
Finance Minister Arun Jaitley Thursday allocated Rs 200 crore to set up six textile clusters in the country.
12:33 PM
Most Active by Value
SBI Rs 2524 (-2.2%)
ITC Rs 340 (-0.4%)
L&T Rs 1643 (-0.5%)
RelCap Rs 587 (-0.7%)
12:33 PM
Merely raising the 80 C saving limit, is an incremental step. The original direct tax code proposal to introduce an Exempt-Exempt-Tax system, to exempt all savings at the time of saving and at the time of accumulation while taxing income that is consumed, whether from current sources or past saving, would have been radical.
- TK Arun, Senior Editor, Economic Times
12:32 PM
12:32 PM
Nifty Losers
BPCL Rs 566 (-2.9%)
Bharti Rs 332 (-2.7%)
NMDC Rs 169 (-2.3%)
SBI Rs 2524 (-2.2%)
12:31 PM
Budget 2014: NRI fund for conservation of river Ganga to be set up
12:31 PM
It gets even more micro. Cleaning of the Ganga, and development of river ghats. Why is the FM wasting his time on such trivia? Allocate these jobs to municipalities and be done with it.
- Abheek Barman, Senior Editor, Economic Times
12:31 PM
Budget 2014: To create 5 tourist circuits with 500 cr corpus
12:31 PM
Budget 2014: Time that we make serious efforts to link rivers; Rs 100 cr set aside for project to link rivers.
12:31 PM
Budget 2014: World Class Convention facility to be developed through PPP mode
12:31 PM
Budget 2014: FM announces "Namami Ganga", an integrated Ganga Development Project; Rs. 2037 cr set aside for this
12:30 PM
Budget 2014: FM announces Rs 100 cr for development of Archaeological sites. Gaya to be developed as world class tourism spot
12:30 PM
Top five stocks that are rising in a weak market
Tracking the momentum, the 50-share Nifty index also plunged below its crucial psychological support level of 7500 in trade
12:29 PM
Budget 2014: Propose to set aside Rs 50 cr for construction of National Police Memorial
12:28 PM
All govt depts, ministries to be integrated through E-platform by 31 Dec 2014
12:28 PM
Budget 2014: Rs. 5000 cr set aside for defence outlay over and above amount provided under interim budget
12:27 PM
Budget 2014: Rs. 5000 cr set aside for defence outlay over and above amount provided under interim budget
12:27 PM
Budget 2014: War memorial to be set up along with a war museum; Rs. 100 cr set aside for this-PIB
12:26 PM
Budget 2014: Rs 100 cr set aside for development of Technology Development Fund
12:26 PM
Budget 2014: PPF savings limited enhanced from 1 lakh to 1.5 lakh
12:25 PM
'Govt will allocate Rs 500cr for rural power plan'
12:25 PM
12:25 PM
Budget 2014: Scheme for education of girl child to be launched soon-PIB
12:24 PM
12:24 PM
Budget 2014: Banks to be allowed to raise longer-term funds for infra. Longer-term infra funds to have min rules.
12:24 PM
PPF limit raised to Rs 1.5 lakh to address the fall in dramatic national savings in the last eight years. Some elbow room for tax planning.
- Sugata Ghosh, Senior Editor, Economic Times
12:24 PM
Budget 2014: To Introduce one single demat a/c to boost simplicity To introduce new Indian Accounting Standards from FY16
12:23 PM
Budget 2014: To change tax laws governing FIIs, whose managers based abroad. Proposes extending 5% withholding tax to all bonds
12:23 PM
Govt proposes to set up 5 new IIMs and 5 new IITs: FM
12:23 PM
Budget 2014: Govt will work out measures for revival of other stressed assets
12:22 PM
12:22 PM
Budget 2014:RBI will create framework for licenses of small banks
12:22 PM
Banks will be allowed to raise long term fund that will be free of reserve requirements to finance infra projects. But this may have to be backed by higher interest rates and some tax relief
- Sugata Ghosh, Senior Editor, Economic Times
12:22 PM
Budget 2014:Benefits of insurance have not reached larger section of people; govt will addres this in multi-pronged manner with stakeholders-PIB
12:21 PM
FIIs may be allowed to open shops in India and locate their fund managers who currently operate from Hong Kong and Singapore. The government will have to change the rules to spare them on extra tax burden once they open offices here. This could enable India to emerge as a finance hub in the medium term
- Sugata Ghosh, Senior Editor, Economic Times
12:21 PM
Budget 2014: To provide all households with banking facilities to empower the weaker sections; there should be atleast 2 bank a/cs in each household
12:21 PM
I guess markets have also given up. Sensex down nearly 160 points now.
- Abheek Barman, Senior Editor, Economic Times
12:21 PM
12:20 PM
12:20 PM
Budget 2014: Revamp IDR rules; to introduce Bharat Depository Receipts
12:19 PM
Will launch broadband connectivity for pan-India: Arun Jaitley
12:19 PM
FM: To deepen the currency derivatives market To liberalise ADR, GDR regime to allow permissible securities
12:19 PM
Blah, blah ... so far a disappointing Budget. Too much micro chatter, without a concrete narrative. Oh well, the Patel statue, don't forget that.
- Abheek Barman, Senior Editor, Economic Times
12:19 PM
Budget 2014: Urgent need to converge current Indian standard with international accounting standards.
12:19 PM
FM: To strengthen rules governing Financial Sector. Essential to have modern monetary policy. Will consult RBI
12:18 PM
Arun Jaitley announces scheme for welfare of girl child
run Jaitley on Wednesday announced the 'Beti padhao, beti badhao' scheme and allocated Rs.100 crore for the welfare of the girl child
12:18 PM
New investors to get access to currency derivatives. The government and RBI will have to decide whether banks, FIIs and mutual funds will be allowed to invest
- Sugata Ghosh, Senior Editor, Economic Times
12:17 PM
Budget 2014: Proposes number of measures to energise Indian capital market
12:17 PM
Deepening of the corporate bond market ... shall we see any concrete steps now?
- Abheek Barman, Senior Editor, Economic Times
12:17 PM
FM: Essential to strengthen and modernize regulatory framework in financial sector to meet challenges of increasing complex economy
12:17 PM
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12:16 PM
To give more focus to SMEs: FM
12:16 PM
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12:16 PM
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12:16 PM
Budget 2014: Allocating 37850 cr for Road Building Plan via NHAI. To initiate work on selective highways along with corridors.
12:16 PM
12:16 PM
Budget 2014: To announce new Ship Building Policy this fiscal.
12:15 PM
Budget 2014: To award 16 new Port projects. Allocating 11,635 cr to develop existing ports & harbours.
12:15 PM
12:15 PM
Again, I hope I am wrong...but the budget so far indicates Modi Sarkar hasn't yet come to terms with big governance ideas...there's no intellectual, policy vision...so far, no evidence there's a fresh idea...what happened to all those star economists who were working with Team Modi...really, does this government have the intellectual heft to bring in big ideas?
- Saubhik Chakrabarti, Associate Editor, Economic Times
12:15 PM
Budget 2014: Financial sector is at the heart of the growth engine-PIB
12:14 PM
PPP model to develop 15000 kn of Gas pipeline and restart mining operations are encouraging but the devil could be in the details
- Sugata Ghosh, Senior Editor, Economic Times
12:14 PM
Budget 2014: Revision of rate of royalty on minerals to be taken up on request from the States-PIB
12:14 PM
Kisan TV channel to be launched soon: FM
12:14 PM
Budget 2014: In order to complete gas grid, 15000 km of additional pipeline to be developed through PPP mode
12:14 PM
Mining royalties to be hiked for the states. That's one concrete thing announced.
- Abheek Barman, Senior Editor, Economic Times
12:13 PM
Fiscal consolidation is a strong takeaway. The FDI in insurance and defence and the plethora of schemes for improving the rural economy with all round focus on development programmes, are a key thrust.
- Shubhada Rao, Chief Economist, Yes Bank
12:13 PM
Budget 2014: New & renewable energy deserves high priority;ultra modern power projects to be taken up in Rajasthan,Tamil Nadu, Ladakh with Rs 500 cr
12:12 PM
I think everything is better than expectations. FDI in defence and insurance have come which shows government is focussed on restarting the investment cycle. Fiscal deficit target at 4.1 percent is also a positive surprise.
- Nirakar Pradhan, CIO, Future Generali India Life Insurance
12:12 PM
Budget 2014: Existing impasse of coal sector will be resolved
12:12 PM
Budget 2014: Rs. 4200 cr set aside for Jal Marg Vikas project on river Ganga connecting Allahabad to Haldia,over 1620 km-PIB
12:11 PM
Too many schemes up in the air. Transport networks, inland waterways, power, coal, restructuring (what does that mean?) the Food Corporation of India. No timelines.
- Abheek Barman, Senior Editor, Economic Times
12:11 PM
Budget 2014: To set up Trade Facilitation Centres for Varanasi
12:11 PM
Ok, so FM says there's Rs 10,000 crore allocated for start-up companies...this sounds promising...certainly it woke everyone up...but can government's promote entreprenuership by allocating money? details are not clear...will GoI act as a venture capitalist? That would almost certainly not work...let's wait for details...but at least this one's an interesting proposition
- Saubhik Chakrabarti, Associate Editor, Economic Times
12:11 PM
12:10 PM
Budget 2014: To set-up 10,000 crore startup fund for new businesses
12:10 PM
Total sanitation for every household by 2019, says Arun Jaitley
"Although the central government is providing resources within its mean, the task of total sanitation cannot be achieved without the support of all," Jaitley said.
12:09 PM
Budget 2014: Announces new airports to be developed through PPP mode
12:09 PM
Budget 2014: Announces development of Hastkala Academy in PPP mode
12:08 PM
Budget 2014: Rs 50 crore set aside for Pashmina Production program in J&K.
12:08 PM
'Govt to provide finance to 5 lakh landless farmers'
12:08 PM
Accepts the weakness in the PPP structure but does not address the bigger question of how to finance infrastructure development
- Sugata Ghosh, Senior Editor, Economic Times
12:07 PM
Budget 2014: There is need to develop more sophisticated models with quick redressal mechanism in PPP contracts-PIB
12:07 PM
12:06 PM
Budget 2014: India has emerged as the largest PPP market in the world.
12:06 PM
Budget 2014: Announces Rs. 200 cr for 6 more textile clusters in Rae Bareily, Lucknow,Surat, Bhagalpur
12:06 PM
FM says restructuring FCI a priority...for last 20 years, FMs have been saying reforming Food Corporation of India, a gargantuan testament to inefficiency and corruption, is a priority...so far FM hasn't announced any immediate change...on all big issues, he has made motherhood statements and promised future action,..what does that sound like...it sounds like Congress budgets!!
- Saubhik Chakrabarti, Associate Editor, Economic Times
12:05 PM
The initial trickle of proposals under the FY15 budget accords priority to fiscal prudence and a wide-ranging developmental agenda laid down by the new government. Achieving this year's deficit target might prove to be a challenge
- RADHIKA RAO, ECONOMIST, DBS
12:05 PM
Budget 2014: Rural Fund corpus raised to 30,000 cr in FY15
12:05 PM
So here's the deal. One statue of Patel gets twice the allocation for either metro rail systems in two cities or industrial corridors to kickstart manufacturing. Or am I getting it wrong?
- Abheek Barman, Senior Editor, Economic Times
12:05 PM
Budget 2014:Definition of MSME to be revised for high capital ceiling
12:04 PM
12:04 PM
12:04 PM
Budget 2014: MSMEs are the backbone of the economy; to be revived through a Committee to examine and report in three months
12:04 PM
12:04 PM
Budget 2014: Proposes 8 lakh cr as farm loan target for FY15. Extended 3% subvention for farmers till FY15
12:03 PM
12:02 PM
Budget 2014:Effective steps to be taken to revive SEZs
12:02 PM
Kisaan television to disseminate info to farmers get Rs 100 crore...these sound like socialist India schemes...what happened to the Modi vision? I would like to be wrong...but unless FM pulls something out in Part B, this will be a babu's budget not an achche din budget
- Saubhik Chakrabarti, Associate Editor, Economic Times
12:02 PM
Budget 2014: Apprentice Act to be suitably amended to strengthen the Apprentice Training Scheme-PIB
12:01 PM
Industrial corridors... awww come on. We've seen how the DMIC worked, (hasn't) and the other projects are completely stuck. And just Rs 100 crore?
- Abheek Barman, Senior Editor, Economic Times
12:01 PM
Budget 2014: To set up Industrial Smart Cities in 7 cities-PIB
12:01 PM
Budget 2014: All govt departments and ministries to be integrated through E-platform by 31 Dec this year
12:01 PM
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12:01 PM
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12:00 PM
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12:00 PM
Development of Metro rails in PPP mode: FM
12:00 PM
Budget 2014: Proposes 5000 cr fund for fresh warehousing capacity
12:00 PM
Open market sale of wheat and rice to weaker and BPL families at affordable rates can be crucial to take on inflationary pressure but are easier said than done
- Sugata Ghosh, Senior Editor, Economic Times
11:59 AM
Budget 2014: Rs. 100 cr set aside for Kisan Television to provide real time information on various farming and agriculture issues-PIB
11:59 AM
11:59 AM
Budget 2014: Allocates Rs. 200 cr for setting up 2000 producers' organisations across the country-PIB
11:59 AM
Budget 2014: Allocates funds for setting up 2000 producers' organisations across the country-PIB
11:58 AM
FM: Committed to introduce 2nd Green Revolution; Protein revolution Proposes Rs 500 cr farm price stabilisation fund
11:58 AM
Budget 2014: Rs. 5000 cr short time rural credit refinance fund for 2014-15
11:57 AM
FM starts again after the break, and continues with listing small allocations for very small things...almost sounds like Pranab Mukherjee's budget now...if there's no concrete fiscal consolidation measure...markets may tank...ending one of the biggest bull runs of recent times...
- Saubhik Chakrabarti, Associate Editor, Economic Times
11:57 AM
Rs 5000 crore for warehousing of farm produce ... but where is the electricity in villages? Without power how will cold chains run?
- Abheek Barman, Senior Editor, Economic Times
11:57 AM
Budget 2014: State Govts to be encouraged to develop farming markets
11:56 AM
Will launch broadband connectivity at village level, says Arun Jaitley
"The mission will be launched with Rs 500 crore allotted to it," Jaitley said. "We will allocate Rs 100 crore for improving governance across villages," Jaitley said.
11:56 AM
Budget 2014: Additional Rs. 5000 cr set aside for RIDF-PIB
11:56 AM
Budget 2014: Rs 50 cr set aside for indigenous cattle breed and blue revolution for inland fisheries-PIB
11:56 AM
While direct selling by farmers could help in the battle against inflation, this will require logistics support and co-operation from
- Sugata Ghosh, Senior Editor, Economic Times
11:56 AM
Budget 2014: Propose to provide finance to 5 lakh landless farmers through NABARD
11:55 AM
11:55 AM
Budget 2014: National Adaption Fund for climate change to be set up-PIB
11:55 AM
Good idea to set up farmers' markets in towns and cities. This could break the monopoly of arathiyas in mandis under the APMC Act.
- Abheek Barman, Senior Editor, Economic Times
11:55 AM
Budget 2014: Govt will initiate scheme to provide a soil health card; Rs. 100 cr set aside. Rs. 56 cr for soil testing labs across the country
11:55 AM
Rs 4,000cr for affordable housing: FM
11:54 AM
Budget 2014: Key points from FM's speech so far-ET Now
11:54 AM
No change in FD would mean no significant change in borrowing programme, which means stable interest rates.
- Sugata Ghosh, Senior Editor, Economic Times
11:54 AM
FM: Transfer pricing regulations for residents and non-residents being done
11:54 AM
Markets are down...don't seem impressed despite concrete steps on FDI...may be they needed a clear policy statement on vodafone issue...or may be they are getting bored with typical Congress-like allocations for many small schemes...where's the growth thrust...markets may be asking?
- Saubhik Chakrabarti, Associate Editor, Economic Times
11:53 AM
11:53 AM
Now FM is reading the speech sitting down. Is he unwell?
- Abheek Barman, Senior Editor, Economic Times
11:52 AM
So far disappointed by Budget: S A Aiyar
11:52 AM
FM out for a break. Time for some World Cup chatter. Great match this morning. Argentina brought an excellent Dutch side down to its knees. At least we won't have an all European final.
- Abheek Barman, Senior Editor, Economic Times
11:51 AM
Was looking at 4.5 % fiscal deficit numbers
- Mythili Bhusnurmath
11:51 AM
Rs 3600cr set aside for National Rural Drinking Water: FM
11:50 AM
Budget2014: Five minute break announced in presentation of Budget-PIB
11:49 AM
FM: Agriculture University in AP and Rajasthan, and Horticulture University in Haryana, Telangana; Rs. 200 cr set aside
11:49 AM
House seems surprised...understandably so...no FM has ever done this
- Saubhik Chakrabarti, Associate Editor, Economic Times
11:49 AM
Now Jaitley sounding like all Congress FMs...silly schemes for states like more AIIMs, upgrade status of film institutes...this kind of stuff always makes India's Union budgets lose credibility...now he talks of horticulture university in telangana! is this really what FMs of a country that want to grow by 8% should be talking about...
- Saubhik Chakrabarti, Associate Editor, Economic Times
11:49 AM
4.1 % fiscal deficit target is a solid one
- S A Aiyar
11:49 AM
11:48 AM
Jaitley asks for a 5 minute break...is this the first time this is happening?
- Saubhik Chakrabarti, Associate Editor, Economic Times
11:48 AM
Tokenism a hallmark of the Budget. Rs 100 crore allocated to a number of schemes and projects to establish commitment
- TK Arun, Senior Editor, Economic Times
11:48 AM
Budget 2014: Proposes 50000 cr for urban infra projects. Proposes Metro projects in cities with 20 lk people
11:48 AM
E-Visas to be introduced at 9 airports: FM
11:47 AM
11:47 AM
Budget 2014: Allocating Rs 100 crore to set up Agri Infra Fund
11:47 AM
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11:47 AM
Budget 2014: Agriculture University in AP and Rajasthan, and Horticulture University in Haryana, Telangana; Rs. 200 cr set aside
11:47 AM
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11:46 AM
11:46 AM
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11:45 AM
To boost programs on girl child: FM
11:45 AM
FM: All future indirect transfers under the retro tax regime will be scrutinised by a high level committee of CBDT before action is taken
11:45 AM
Budget 2014: Slum development to be included in Corporate Social Responsibility activities
11:44 AM
Budget 2014: FM announces Rs. 100 cr for modernisation of madrasas
11:44 AM
Market update: Sensex cracks 300 pts; Nifty trades below 7600
11:44 AM
Budget 2014: FM announces development of Metro rails in PPP mode; Rs. 100 cr set aside for metro scheme in Ahmedabad and Lucknow-PIB
11:44 AM
EPFO will be improved via computerization, says Arun Jaitley
Looking to improve the EPFO facilities for the citizens of India, Finance Minister Arun Jaitley in his maiden budget speech said, "EPFO will be improved via computerization."
11:43 AM
Malnutrition targeting is a great idea. But where's the Budget allocation?
- Abheek Barman, Senior Editor, Economic Times
11:43 AM
Earlier in his speech, FM said lots of right things on subsidies but said drastic reduction is not on cards...that's smart...but is there plan for smart, calibrated cuts...may be Part B will give the answer
- Saubhik Chakrabarti, Associate Editor, Economic Times
11:43 AM
Budget 2014: Mission for low cost housing proposed to incentivise development of low cost housing; Rs. 4000 cr announced
11:42 AM
Metros, Light rail system in Lucknow, Ahmedabad. A lot will depend on the PPP structure and the ratification of tariff by respective state governments
- Sugata Ghosh, Senior Editor, Economic Times
11:42 AM
Budget 2014: To spend 28635 cr for Sarva Siksha Abhyaan
11:42 AM
Good idea to spread metro rail systems across many cities. But just Rs 100 crore? What will that do apart from surveys on a couple of cities?
- Abheek Barman, Senior Editor, Economic Times
11:41 AM
Budget 2014: Urban renewal will address drinking water, use of recycled water,solid waste management, digital connectivity; 500 habitats supported
11:41 AM
FM: We are for minimum government, maximum governance
11:41 AM
Ok, so it's happened...BJP has tweaked Congress's signature welfare scheme -- NREGA, FM says NREGA will be changed to emphasize asset creation. BJP has been saying this for months and most neutral pundits agree...but we have no idea as of now how this government will tackle NREG corruption and how it will get district administrations to plan assets and maintain them...NREGA needs reinvention,,,but it needs better management for successful reinvention...how can Centre guarantee that?
- Saubhik Chakrabarti, Associate Editor, Economic Times
11:41 AM
Budget 2014: Rs 100 cr set aside for Community Radio Centres; 600 new and existing ones will be supported-PIB
11:40 AM
11:40 AM
FM proposes National Rural Internet and Technology Mission; Rs. 500 crores set aside-PIB
11:40 AM
FM: Pt Madan Mohan Malaviya Teaching Programme to be started-PIB
11:40 AM
To allocate Rs 150 cr to boost women's safety: FM
11:39 AM
11:39 AM
FM proposes to set up 5 new IIMs and 5 new IITs
11:39 AM
11:39 AM
Simplify loans for higher education.Unclear how it will be executed. Banks experience on edu loans has not been too pleasant till now.
- Sugata Ghosh, Senior Editor, Economic Times
11:38 AM
FM: To provide toilets, clean water in all Girls' School
11:38 AM
FM: To strengthen local drug regulators
11:38 AM
FM: Rs 6500 crores set aside for safe drinking water
11:38 AM
FM: Planning to create AIIMS in all States
11:37 AM
Sensex tanks 250 points
11:37 AM
FM: 15 Model Rural Health Research centers to be set up for rural health issues
11:37 AM
FM proposes 12 more Govt Medical colleges with dental facilities
11:37 AM
FM: The four new AIIMS will be in AP, West Bengal, Vidarbha and Purvanchal-PIB
11:37 AM
'Manufacturing unit can sell product without additional approval'
11:37 AM
The power scheme aims to differentiate between subsidised power and full price power and thus move towards 24x7 power supply...sounds interesting, but we will plenty more details to see if this has any chance of working...and a budget can't simply provide the full solution for power deficit...Modi was innovative in Gujarat on power supply...does Jaitley have a really smart idea...we will have to wait
- Saubhik Chakrabarti, Associate Editor, Economic Times
11:36 AM
11:36 AM
NREGA amount maintained, FM assures the floor.
- Sugata Ghosh, Senior Editor, Economic Times
11:36 AM
FM: Propose to set up four more AIIMS; Rs. 500 cr set aside for this. Six new AIIMS started recently have become functional
11:36 AM
Rs 7060 crore to spent for 100 smart citiesm, says Arun Jaitley
Jaitley stressed on the need to boost the infrastructure sector of the economy
11:35 AM
Dalal street traders put off with the FM refusing to spare Vodafone and unable to lay down a road map for GST. But it could well be a kneejerk reaction
- Sugata Ghosh, Senior Editor, Economic Times
11:35 AM
FM: PMGSY has a massive impact on rural development; sets aside Rs. 14,389 cr for this-PIB
11:35 AM
FM proposes National Housing Banking programme; sets aside Rs. 8000 cr for this prog
11:35 AM
11:35 AM
What does it mean to say that four more AIIMS are "under consideration"? This is a Budget, either funds are allocated or they're not.
- Abheek Barman, Senior Editor, Economic Times
11:34 AM
FM hits buttons that Modi likes...smart cities, better sanitation, better roads...at this point, we have no idea of course, whether any of these allocations will have any real impact...on the face of it, they don't sound much different from what Congress has been saying for 10 budgets
- Saubhik Chakrabarti, Associate Editor, Economic Times
11:34 AM
Budget 2014: Rs. 3600 cr set aside for National Rural Drinking Water-PIB
11:34 AM
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11:34 AM
Budget 2014: To allocate Rs 100 cr to end gender discrimination
11:33 AM
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11:33 AM
Budget 2014: To set up Anti-crisis centers in all NCR districts
11:33 AM
Budget 2014: To allocate Rs 150 cr to boost Women's safety
11:33 AM
FM: To print currency notes with Braille effects
11:33 AM
FM: Savings in Kisan Vikas Patra to be introduced. Rs 14389 crore for village roads
11:32 AM
What's the point of allocating Rs 200 crore to build a single statue of Sardar Patel?
- Abheek Barman, Senior Editor, Economic Times
11:32 AM
FM: Rs 150 crore to be spent on safety of women in all cities
11:32 AM
What exactly is the allocation for MGNREGA? The FM didn't mention it.
- Abheek Barman, Senior Editor, Economic Times
11:31 AM
Budget 2014: FM announces Crisis Management Center for women at Delhi; money to be provided from Nirbhaya fund
11:31 AM
But wait, there are those typically political allocations...Rs 200 crore for Sardar Patel statue -- that's as bad as Congress giving money to Rajiv Gandhi Institute...neither monument to partisan gesture politics should get public funding...also predictably, Sangh icons are being used to name new schemes...so, there's a Deendayal Upadhyay scheme on power supply
- Saubhik Chakrabarti, Associate Editor, Economic Times
11:31 AM
MGNREGA gets just a mention, this scheme has set floor wages. Shouldn't be disturbed
- Abheek Barman, Senior Editor, Economic Times
11:31 AM
Budget 2014: FM laments apathy towards girl child; announces Beti padhao, beti badhao yojana; sets aside Rs. 100 cr for this-PIB
11:30 AM
FM: Rs 200 crore to Gujarat govt for Statue of Unity
11:30 AM
PMGSY is a great scheme and has worked well in many states. Good idea to give it a boost
- Abheek Barman, Senior Editor, Economic Times
11:29 AM
Budget 2014: 15 new Brail presses to be established and revival of 10 existing announced by FM-PIB
11:29 AM
Good news on FDI. Insurance finally gets 49%, ecommerce becomes automatic route...also clear statement of intent on banks, GoI will raise money by selling stake but retain management control...finally, Modi-Jaitley's economic liberalism is in evidence
- Saubhik Chakrabarti, Associate Editor, Economic Times
11:29 AM
FM announces schemes for disabled persons in the country
11:29 AM
Currency notes with Braille imprinting? This is an intriguing idea.
- Abheek Barman, Senior Editor, Economic Times
11:29 AM
FM: EPFO will launch a unified account scheme for portability of Provident Fund accounts-PIB
11:28 AM
We will overhaul subsidy regime: FM
11:28 AM
FM: A large number of money lying unused in postal schemes etc. Propose to set up a committee to examine how this can be utilised-PIB
11:28 AM
FM: To provide Rs 500 cr to boost rural power infrastructure
11:27 AM
FM: govt committed to providing 24/7 power supply to all homes-PIB
11:27 AM
11:27 AM
FM: Rs 200 cr set aside to support Gujarat govt in the Sardar Patel statue installtion-PIB
11:26 AM
Unclaimed PPF funds to be reorganised for senior citizens. This is a very good idea.
- Abheek Barman, Senior Editor, Economic Times
11:26 AM
FM: Rs 50,548 cr proposed for SC development
11:26 AM
Aim to achieve 7-8% economic growth rate in next 3-4 years: FM
11:26 AM
FM: To introduce Kisan Vikas Patra for unbanked savings
11:25 AM
Modi Sarkar avoids the real issue on retrospective taxation, says his government will never tax retrospectively but says nothing about Vodafone specifically...So is this really an advance on the issue...disappointing over-cautiousness
- Saubhik Chakrabarti, Associate Editor, Economic Times
11:25 AM
FM: To provide necessary incentives for REITs Adequate REITs will cut pressure on existing bank lending
11:25 AM
11:25 AM
FM: To allocate Rs 50,047 cr for welfare of SCs, STs
11:25 AM
FM: To spend Rs 7,060 cr for 100 smart cities
11:24 AM
11:24 AM
Infra investment boost with Rs7600 crore for 10 cities, tax incentive to REITs. Positive for real estate sector as developers will be able to sell some existing properties as well as go for new projects
- Sugata Ghosh, Senior Editor, Economic Times
11:24 AM
FM: To introduce e-visa, automatic permissions in 9 airports
11:23 AM
Govt to constitute an Expenditure Management Commission
11:23 AM
FM: Aiming at total sanitation for all households by 2019
11:23 AM
There is urgent need to generate more resources
- Arun Jaitley, FM
11:22 AM
FM: To allocate Rs 1000 cr for improving irrigation tracts
11:22 AM
11:22 AM
FM: India needs boost for jobs creation
11:22 AM
FM: To approve Goods & Services Tax by end of year
11:21 AM
FM: E-visas will be introduced in a phased manner at 9 airports in India
11:21 AM
Government will continue to hold 51% in PSU banks. This will allow share issuance by banks that have some headroom. It falls short of expectations. While banks may get greater autonomy, the government will have to continue providing capital support
- Sugata Ghosh, Senior Editor, Economic Times
11:21 AM
FM: Changing rules governing low cost housing
11:21 AM
FM: Propose to strengthen authority on Advance Tax Rulings
11:21 AM
FM:Hoping foreign companies will appreciate move on Retro Tax
11:20 AM
FM: Plan to retain majority control in PSU banks; push retail FPOs
11:19 AM
11:19 AM
Most Active by Value
ITC Rs 342 (+0.1%)
SBI Rs 2573 (-0.3%)
L&T Rs 1657 (+0.3%)
11:19 AM
Top Nifty Losers
TechM Rs 2023 (-2.1%)
BPCL Rs 571 (-2.0%)
Bharti Rs 336 (-1.7%)
11:19 AM
FM: We need to revive growth particularly in manufacturing sector and infrastructure
11:19 AM
FM: To Raise FDI insurance to 49%; Control via FIPB Route
11:19 AM
Top Nifty Gainers
HDFC Rs 1043 (+2.7%)
PNB Rs 941 (+1.9%)
Tata Pwr Rs 105 (+1.7%)
11:18 AM
FM: Need over Rs 2 lakh crore to fund PSU banks
11:18 AM
11:18 AM
FDI in Insurance up to 49% would enable many promoters of Indian companies to sell their shares as well infuse new capital in the firms. Long awaited move should enable listing of a few insurers
- Sugata Ghosh, Senior Editor, Economic Times
11:17 AM
FM: To raise Defence FDI to 49%; Retain Indian control
11:17 AM
FM: To approve Goods & Services Tax by end of year
11:17 AM
FM: Transfer Pricing Rules to be changed to improve confidence. India needs boost for jobs creation
11:16 AM
FM: To approve Goods & Services Tax by end of year
11:16 AM
Aiming Fiscal Deficit of 3% in FY17, says FM
11:16 AM
Finance Minister: Committed to provide stable, predictable tax regime
11:15 AM
FM: Aim to achieve 7-8 per cent economic growth rate in next 3-4 years
11:15 AM
Finance Minister: No Retrospective Tax
11:15 AM
Indications are that subsidy bill will not come down. So all eyes on the divestment number
- Sugata Ghosh, Senior Editor, Economic Times
11:15 AM
Finance Minister: Streamlining tax administration, avoid harassment of businessmen
11:14 AM
Finance Minister: To launch New Urea Policy
11:14 AM
Constituting Expenditure Management Commission
- Arun Jaitley, FM
11:14 AM
Retrospective tax to be retained, but to be exercised judiciously, with clearance form a high-level committee
- TK Arun, Senior Editor, Economic Times
11:14 AM
FM: Improving targetting fuel, LPG subsidies
11:14 AM
FM: We look forward lower level of inflation
11:13 AM
Going forward, retrospective taxation to go. Vodafone not spared, at least not immediately
- Sugata Ghosh, Senior Editor, Economic Times
11:13 AM
FM: Constituting Expenditure Mgmt Commission
11:13 AM
FM: Aiming Fiscal Deficit of 3% in FY17
11:13 AM
11:12 AM
Fiscal tightening to continue, to reach 3% by FY17. Should enable lower interest rate over time. But a 4.1% target would mean no big bang measures
- Sugata Ghosh, Senior Editor, Economic Times
11:12 AM
Finance Minister: Aiming at minimum govt maximum governance
11:12 AM
FM: We have to underatake bold steps to spur growth of our economy
11:12 AM
Finance Minister: Taking bold steps to enhance economy, boost growth
11:11 AM
Finance minister to focus on fiscal consolidation, Accepts the daunting challenge of meeting the fiscal deficit target of 4.1% of GDP set by his predecessor P Chidambaram in his interim budget, and to bring down the fiscal deficit to 3% of GDP by 2016-17
- TK Arun, Senior Editor, Economic Times
11:11 AM
FM: Target of 4.1% Fisc Deficit is daunting
11:11 AM
Finance Minister: FY 16 fiscal deficit target @ 3,6%
11:10 AM
Finance Minister: Target of 4.1% Fiscal Deficit is daunting
11:10 AM
Finance Minister: We should be watchful of Current Acct Deficit
11:09 AM
Finance Minister: Need to revive growth in manufacturing, infra sectors
11:09 AM
FM: Anti-poverty programmes should be well targetted
11:09 AM
Finance Minister: Need fiscal prudence; is of paramount importance
11:09 AM
Finance Minister: Urgent need to generate more resources for economy
11:08 AM
Finance Minister: Tax/GDP ratio should be raised Tax collections to be improved
11:07 AM
Finance Minister: Govt has taken up challenge at right earnest
11:07 AM
Less populism, fiscal prudence could mean reallocation of expenditure. Should support bonds as well as equities
- Sugata Ghosh, Senior Editor, Economic Times
11:07 AM
Finance minister Arun Jaitley presents Budget
11:07 AM
Finance Minister: Anti-poverty programmes should be well targetted
11:07 AM
Finance Minister: Prevailing economic situations present great challenges
11:07 AM
FM: Budget aims to lay down broad policy indications
11:06 AM
Sustained growth of 7-8% in few years but not wise to expect too much from maiden budget
- Sugata Ghosh, Senior Editor, Economic Times
11:06 AM
Finance Minister: Budget aims at 7-8% GDP growth in 3-4 years
11:06 AM
Inflation control, Job growth are prime focus areas. This could mean moderate borrowing, and investment in agri marketing
- Sugata Ghosh, Senior Editor, Economic Times
11:06 AM
FM: Two years of sub-5% growth has resulted in challenges
11:06 AM
FM: Continuing slowdown has posed threat to global recovery
11:05 AM
FM: Nation is in no mood to suffer job losses, apathetic govt
11:04 AM
FM: Voters are aspirational; want to be a part of new middle class
11:04 AM
Finance Minister: See green shoots of recovery in global economy
11:04 AM
FM: Election verdict represents change of status quo
11:03 AM
Arun Jaitley speaking in Parliament
11:03 AM
Finance Minister: Look forward to lower rates of inflation
11:01 AM
FM begins Budget speech in Parliament
10:58 AM
Removing retro tax is an easy task for Jaitley
10:56 AM
Budget 2014: FM's vision will be credible if we see action now, says S A Aiyar
10:55 AM
Finance Minister Arun Jaitley reaches Parliament to present Union Budget
-
10:54 AM
Most Active by Value
Aban Offshore Rs 744 (-8.0%)
ITC Rs 340 (-0.4%)
Infy Rs 3341 (+0.9%)
10:54 AM
Top Nifty Losers
TechM Rs 2017 (-2.4%)
AsianPaint Rs 582 (-2.1%)
cipla Rs 428 (-1.9%)
10:54 AM
Top Nifty Gainers
Tata Power Rs 105 (+2.6%)
HDFC Rs 1038 (+2.2%)
Coal Ind Rs 373 (+2.1%)
10:53 AM
FM to present Union Budget in a few minutes
10:50 AM
Morgan Stanley: Believe subsidies will reduce only post State elections
10:50 AM
Morgan Stanley: Expect reduction in subsidies by 0.3-2% of GDP for FY15
10:49 AM
Next year's fiscal deficit target likely to be at 3%
- Jahangir Aziz
10:49 AM
Jahangir Aziz: Govt has acknowledged it needs a FRBM Act 'with teeth'
10:48 AM
Bimal Jalan: India's fundamentals remain strong
10:48 AM
FM needs to boost confidence and investments
- Bimal Jalan
10:47 AM
Bimal Jalan: Getting back on the growth track remains top priority for the Govt
10:47 AM
10:47 AM
Rahul Bajaj: Poor people should benefit, if they don't benefit the rich people won't benefit too
10:47 AM
Bimal Jalan: Fiscal deficit should not exceed acceptable levels
10:46 AM
Bibek Debroy: Budget will bear the stamp of Modi Govt
10:46 AM
Few minutes to go for Arun Jaitley to present the Union Budget
10:45 AM
Swaminathan Aiyar: There has to be sophistication in administering bitter pills
10:45 AM
Swaminathan Aiyar: FM is likely to space out his bitter pills over time
10:44 AM
Union Finance Minister Arun Jaitley with MoS for Finance, Nirmala Sitharaman and officials
10:44 AM
Budget 2014: FM, MOS and officers briefed President this morning
(Image by President of India @RashtrapatiBhvn)
10:44 AM
The new Govt does mean business
- Keki Mistry
10:43 AM
Keki Mistry: Have seen measures to trim subsidies from the Govt
10:43 AM
Morgan Stanley: Believe FY14 fisc deficit if restated, will stand at 5% of GDP
10:43 AM
FM Arun Jaitley & Nirmala Sitharaman at Rashtrapati Bhavan
(Image by: President of India @RashtrapatiBhvn)
10:42 AM
Morgan Stanley: Expects FM to peg FY15 fiscal deficit gap at 4.4-4.5% of GDP
10:42 AM
Jahangir Aziz: Govt will look at ways & means to contain subsidies
10:42 AM
Budget 2014: FM, MOS and officers briefed President this morning
(Image by: President of India @RashtrapatiBhvn)
10:42 AM
FM Arun Jaitley reaches Parliament
10:41 AM
Jahangir Aziz: Govt may hike privatisation, capital spending
10:41 AM
Jahangir Aziz: Expect Govt to stick close to 4.1% deficit target for FY15
10:41 AM
Cabinet approves Union Budget
10:40 AM
Bimal Jalan: Budget must look to boost growth
10:40 AM
Nomura and BoFA-ML's expectations from Budget
10:40 AM
Budget shouldn't hurt investment sentiment
- Bimal Jalan
10:39 AM
Bimal Jalan: Need to give confidence to investors
10:39 AM
Budget may have too much talk and less of action
- Swaminathan Aiyar
10:38 AM
Cabinet approves Union Budget 2014
10:36 AM
Budget 2014: Arun Jaitley indicates hike in FDI in defence-Times Now
10:34 AM
Union Budget 2014: The global view
10:34 AM
Most crucial to see a shift in Govt expenditure mix
- Ridham Desai
10:32 AM
Ridham Desai: Lots can happen outside the budget like the rail fare hike
10:32 AM
Ridham Desai: Budget not the only way to repair economy
10:31 AM
Bullish on sectors which are sensitive to economic revival
- Punita Kumar Sinha
10:30 AM
Punita Kumar Sinha: Govt initiatives on urbanisation to benefit a lot of cos
10:30 AM
Punita Kumar Sinha: If the budget does not disappoint infra, roads, ports to do well
10:29 AM
Amansa Capital: RBI may cut rates in early 2015 if CPI is controlled at 7-8%
10:29 AM
Amansa Capital: See 15-20% upside to markets over next 12-18 months
10:28 AM
Masha Gordon: Maintain a bullish stance on Tata Motors
10:27 AM
Masha Gordon: Positive on Private sector banks, like Axis Bank, HDFC Bank
10:27 AM
Finance Minister Arun Jaitley briefs Union Cabinet on the Union Budget
10:26 AM
10:23 AM
Union Cabinet Meeting underway in Parliament
10:22 AM
Ramesh Damani: Investors should remain invested in India; Don't time the market
10:22 AM
Ramesh Damani: FM's divestment target is important number for mkts
10:22 AM
Confident Budget will be a good one, will meet people's expectations
- MoS PM
10:21 AM
10:20 AM
FM's divestment target is important number for mkts
- Ramesh Damani, BSE
10:20 AM
Ramesh Damani, BSE: FM likely to present a roadmap for GST's implementation
10:19 AM
Ramesh Damani, BSE: Investors should remain invested in India; Don't time the market
10:19 AM
May see capital goods' cos earnings pick up in 4-6 quarters
- Ridham Desai
10:19 AM
Ramesh Damani, BSE: FM's wow factor would be time frame on taxes
10:19 AM
Ramesh Damani: Investors should remain invested in India; Don't time the market
10:19 AM
Ramesh Damani: FM likely to present a roadmap for GST's implementation
10:18 AM
10:17 AM
Amansa Capital: To gauge Govt's vision from GST clarity, fiscal gap reduction plan
10:17 AM
Amansa Capital: To see Govt's implementation of land, labour, judicial reforms
10:17 AM
Amansa Capital: Need to enhance transparency & accountability in subsidies
10:17 AM
Ridham Desai: Must buy cyclicals, avoid defensives from 12-18 month view
10:17 AM
Amansa Capital: Need to see a balance between Govt spending & pvt sector involvement
10:17 AM
10:16 AM
Chandrajit Banerjee, DG, CII: We need to bring down inflation, investment incentive is needed
10:16 AM
10:16 AM
Ramesh Damani: FM's WoW factor would be time frame on taxes, vision for 3-4 yrs
10:15 AM
Amansa Capital: We need a coherent economic vision
10:15 AM
Amansa Capital: Need to enhance transparency
10:15 AM
Prime Minister Narendra Modi arrives in Parliament: Times Now
10:14 AM
Ramesh Damani, BSE: Govt needs some time to get things on track
10:14 AM
Budget 2014: Prime Minister Narendra Modi arrives in Parliament
10:13 AM
Ramesh Damani, BSE: We are still in the middle of a bull market
10:12 AM
Budget 2014: Govt needs to have the resolve to get on the path of reforms
10:12 AM
Punita Kumar Sinha: Govt may take care of retrospective taxation
10:12 AM
Punita Kumar Sinha: Govt will focus on a number of tax measures
10:12 AM
Masha Gordon, PIMCO: Would like to see clear rules on PPP and FDI
10:11 AM
Arun Jaitley leaves his office to table the Budget in Parliament
10:11 AM
Budget 2014: Removing uncertainty from Govt expenditure will be a positive, says Masha Gordon
10:11 AM
Masha Gordon, PIMCO: Removing uncertainty from Govt expenditure will be a positive
10:11 AM
Below mkt expectation budget may lead to 2-4% correction
- Ridham Desai
10:11 AM
Amansa Capital: Markets may trade sideways
10:10 AM
Amansa Capital: Consolidation will happen before sustained upmove in markets
10:10 AM
Amansa Capital: Reasonable chance that markets will consolidate from here
10:09 AM
Budget 2014: This Budget could be an exceptional budget, says Ridham Desai: MD, Morgan Stanely
10:09 AM
Swaminathan Aiyar: Don't expect radical changes in the Budget
10:08 AM
Ramesh Damani, BSE: This budget is equally important as compared to the 1991
10:08 AM
Budget must focus on fiscal consolidation for further growth
- Raamdeo Agrawal
10:08 AM
10:08 AM
Ramesh Damani, BSE: We will watch the budget very closely
10:07 AM
FM needs to give a credible roadmap for the next 5 years
- Swaminathan Aiyar
10:06 AM
Swaminathan Aiyar: Disinvestment of PSU companies can help in fiscal consolidation
10:05 AM
Budget 2014: "Schemes like MNREGA must stay," says Congress
10:05 AM
Swaminathan Aiyar: FM can go in for huge disinvestment
10:05 AM
Swaminathan Aiyar: Idea of Modi having a magic wand is highly exaggerated
10:04 AM
10:02 AM
Budget must focus on fiscal consolidation for further growth: Raamdeo Agrawal
"For high growth, you need fiscal consolidation, the investment cycle to get revived and an ease of doing businesses. Businessmen from all sides are harassed."
10:01 AM
Ambit Holdings: Need to incentivise tax reforms to enable further savings
10:00 AM
Ambit Holdings: Increasing personal tax exemption limit will be a welcome step
09:59 AM
Schemes like MNREGA must stay
- Congress
09:59 AM
Ambit Holdings: Reduction of unplanned subsidies also needed in Budget
09:59 AM
Core team behind the Union Budget 2014
09:59 AM
Ambit Holdings: Reduction of unplanned subsidies also needed in Budget
09:58 AM
Ambit Holdings: Increasing personal tax exemption limit will be a welcome step
09:57 AM
Ambit Holdings: Govt can attract FDI by doing away with GAAR
09:57 AM
Budget 2014: Finance Minister reaches Parliament ahead of Budget speech
09:57 AM
Modi seems to have the momentum with him
- Swaminathan Aiyar
09:56 AM
Budget 2014: Income Tax Law should be amended, not tinkered with, says KPMG
09:55 AM
Dinesh Kanabar, KPMG: Expect FM to lay down a roadmap on how GST will be implemented
09:55 AM
Dinesh Kanabar on Budget 2014: FM should detail roadmap for GST
09:55 AM
09:54 AM
How govt hedged itself against high expectations
A few signals and a roadmap of sorts on fiscal management plans and future reforms should be enough for the budget to be declared a success.
09:53 AM
DTC is not a tax reform at all
- Dinesh Kanabar, KPMG
09:51 AM
09:51 AM
Axis Capital: ITC presents a buy opportunity, post the fall in stock price
09:51 AM
Standard Chartered: Need credible programme in infra sector to please the markets
09:51 AM
Standard Chartered: Will look for credibility in fiscal deficit number
09:50 AM
Budget 2014: Growth with employment is the top focus in Budget, says BJP-Times Now
09:50 AM
Nomura: Need to create the right investment climate
09:50 AM
Standard Chartered: Can revive investment cycle by reviving stuck infra projects
09:50 AM
Standard Chartered: Need to see lower revenue deficit in Budget
09:50 AM
Standard Chartered: Can revive investment cycle by kick starting stalled projects
09:49 AM
Standard Chartered: Breaking logjam of low growth, high inflation needed by Govt
09:49 AM
Standard Chartered: Focus on reducing revenue deficit should remain
09:49 AM
Standard Chartered: Need inflows from overseas to keep economy, markets afloat
09:48 AM
Some open positions have been liquidated ahead of budget
- Nilesh Shah
09:48 AM
Nilesh Shah on Budget 2014: Mkts seeking improvement in Tax/GDP Ratio
09:47 AM
09:47 AM
09:47 AM
09:46 AM
BJP: Growth with employment is the top focus in Budget
09:46 AM
Nomura: Expect inflation to trend lower as supply bottlenecks ease
09:46 AM
Nifty movement on the Budget day in last 15 years
09:46 AM
Nomura: Twin deficit risks are under control
09:46 AM
09:45 AM
FM Arun Jaitley leaves North Block
09:44 AM
Nomura: Expect 4.5% fiscal deficit target for FY14-15
09:44 AM
Nifty movement on the Budget day in last 15 years
09:44 AM
Nomura: Unrealistic to expect most reforms to be announced in Budget
09:44 AM
Nomura: Fuel prices being untouched very likely in Budget
09:43 AM
Nomura: Staggered increase in LPG, kerosene prices seen post Budget
09:43 AM
Nomura: Roadmap on subsidy payments needed in Budget
09:43 AM
Ashwani Gujral: Sell Tech Mahindra: Stop Loss Rs 2,040, Target Rs 1,980
09:42 AM
FM Arun Jaitley leaves home
09:41 AM
Ashwani Gujral: Buy IRB Infra: Stop Loss Rs 238, Target Rs 245
09:40 AM
Govt may cut gold import duty at Budget 2014: Industry official
Gold imports into India are likely to rise 200 tonnes in the second half to December, a 14 percent increase compared with the first half.
09:40 AM
09:39 AM
Standard Chartered: Need credible programme in infra sector to please the markets
09:39 AM
Axis Capital: Mkts looking for fiscal consolidation path in medium term-ET Now
09:39 AM
Budget 2014: How boring budget numbers affect you
Do you pay attention only to tax and tax-saving bits in the Budget? And do you ignore those boring numbers? But those numbers affect you as well. Here's why.
09:38 AM
Axis Capital: Budget 2014 to focus on reviving investment and job creation
09:38 AM
09:38 AM
Nilesh Shah on Budget 2014: Market focussed on long-term economic road map.
09:35 AM
Finance Minister Arun Jaitley leaves North Block
09:35 AM
Govt may launch a Textile Upgradation Fund
- Nilesh Shah
09:33 AM
"Subsidies should remain untouched in Budget 2014," says Congress- Times Now
09:32 AM
09:31 AM
Budget 2014: Finance Minister leaves for Parliament to present Union Budget
09:30 AM
FM Arun Jaitley to present Budget at 11:00 AM
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