Indian Union Budget 2017-18
FIPB phase out mechanism to be ready in couple of months: Das
Sun, Feb 05, 2017
"We will come out with a revised mechanism. The powers will be delegated to the regulators or to the individual ministries or department (for dealing with remaining 10 per cent FDI proposal which requires government approval)," Das told PTI in an interview.
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FPIs get back to buying mode, pump in Rs 2,300 cr in 3 days
Sun, Feb 05, 2017
According to depository data, foreign portfolio investors (FPIs) infused a net sum of Rs 1,246 crore in equities during February 1-3 and another Rs 1,098 crore in the debt segment, translating into a total inflow of Rs 2,344 crore.
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RBI may hold rates this year after 25 bps cut next week:Nomura
Sun, Feb 05, 2017
According to Japanese financial services major Nomura, though the Reserve Bank might go for a policy easing on February 8, it would be a "close call" considering some global factors like higher oil prices and narrowing interest rate differentials.
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Rating agencies several notches behind India's reality: Das
Sun, Feb 05, 2017
Taking a dig at global rating agencies for failing to upgrade India's sovereign rating despite significant improvement in macroeconomic parameters, Economic Affairs Secretary Shaktikanta Das has said the agencies are several steps behind from reality and are missing out on something which only they can best explain.
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Budget hike for kids-related schemes nominal: Satyarthi
Sun, Feb 05, 2017
"Like last 15 years, budgets for children have remained stagnant with Union Budget 2017-18 allocating just 3.32% to children. While the need is that of exponential increase, allocations for children have seen only an incremental increase with Rs 71,305.35 crore from Rs 65,758.45 crore in 2016-17 budget," Komal Ganotra, director (policy, research and advocacy) at CRY told PTI.
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Disinvestment receipts to touch Rs 45,000 crore: Jaitley
Sun, Feb 05, 2017
"It's true this government does not make a song and dance about disinvestment. I fix a target in every Budget...This year, I am going to touch Rs 45,000 crore in one year," he said at a panel discussion on TV channel Times Now.
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Market add smart gains for second week, up 358 points
Sat, Feb 04, 2017
Clear-cut market-friendly budget proposals charmed the investors sentiment leading the key indices to leap four month highs, focus on fiscal discipline, tax balm for investors including clarity on FPI taxation, massive capital infusion for Public sector banks, Infrastructure, agriculture sector resonated the stock momentum.
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Infrastructure and passenger safety prime focus of railway budget
Sat, Feb 04, 2017
"This budget is concentrating on the improvement of infrastructure and most importantly safety. The basic focus of this railway budget is on the railway safety features like signalling and telecommunication system, track renewals, passenger amenities," Eastern Railway General Manager Ghanshyam Singh told the media.
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