Economy

Budget 2019: Not much for real estate sector besides boost for affordable housing

Budget 2019 proposes reform measures to promote rental housing.

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Budget 2019: Centre aims to scale up disinvestment to record Rs 1.05 crore in 2019-20

Union Budget 2019 India: The government has been following the policy of disinvestment in non-financial public sector undertakings, maintaining that the Centre’s stake not to go below 51%.

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Budget 2019 proposes Rs 70,000 crore towards recapitalisation of public sector banks

Budget 2019 India: Over the last couple of years, overall business growth has largely suffered as concerted efforts by banks towards clean-up of their balance sheets meant most of them ran short of ca

Union Budget 2019 India, Budget 2019-20 News

Budget 2019: Govt allocates Rs 750 crore for pension scheme for small shopkeepers

Union Budget 2019: Government would take steps to separate the NPS Trust from the Pension Fund Regulatory and Development Authority

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Budget 2019: New education policy on anvil, Rs 400 crore allocated for developing world-class institutes

Budget 2019 India: While proposing the ‘Study in India’ programme to make India an attractive education destination for foreign students, she said India has the potential to become an educational

Union Budget 2019 India, Budget 2019-20 News

Budget 2019: Govt plans ISRO’s commercial arm to tap huge potential in space industry

Union Budget 2019 India: The enterprise launched in May this year will help private players partner with NSIL at a time when Isro was looking at more private partnerships for the production of its PSL

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Budget 2019: Govt looks to drive digital payments with 2% tax on cash withdrawals above Rs 1 crore

Budget 2019 India: Levying tax deducted at source (TDS) of 2% on such withdrawals is the government’s way of promoting digital payments.

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Budget 2019: Focus on driving bond investment can be a gamechanger, explains Edelweiss CEO Rashesh Shah

Budget 2019 India: The Budget stands out for its strong push on investment.

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Budget 2019 falls short of industry’s expectations, says Dabur India’s CEO Mohit Malhotra

Budget 2019 falls short of laying down the blueprint for creating an enabling framework that will promote growth

Text: Union Budget 2019 India, Budget 2019-20 News

Budget 2019 math leaves us with more questions than answers, says Ananth Narayan of SPJIMR

Budget 2019-20: The total revenue at the Centre is projected to grow by 25.6% in FY20, over provisional FY19 numbers. In contrast, FY19 revenues grew by just 8.9% over FY18 numbers.

Union Budget 2019 India, Budget 2019-20 News

Budget 2019 is pragmatic that manages to strike economic balance, says CII president Vikram Kirloskar

Union Budget 2019: The finance minister reiterated the long-term vision of the government where the first elements are building physical and social infrastructure, digital economy, and Make in India.

Union Budget 2019 India, Budget 2019-20 News

How Budget 2019 plans to double farmers’ income by 2022 – Explained

Budget 2019 India: To ensure adequate and timely availability of farm credit, the budgetary allocation for interest subsidy on farm credit has been increased to Rs 18,000 crore for FY2019-20.

Union Budget 2019 India, Budget 2019-20 News

Budget 2019 stores plenty of positives for automobile industry

Budget 2019 India: The absence of any guidance on the scrappage policy was a missed opportunity, given the automotive industry has been facing headwinds.

Union Budget 2019 India, Budget 2019-20 News

Union Budget 2019 assures Rs 70,000 crore capital infusion in public sector banks

Budget 2019 India: Higher interest deduction on interest paid on housing loans will improve the affordability of house purchase and push housing credit demand for banks as well as HFCs.

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Budget 2019: How FM Sitharaman plans to help NBFCs, HFCs

Budget 2019 India: Credit guarantee for infrastructure financing is likely to support fund flow to the infrastructure sector.

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Budget 2019: Funds for roads, railway, metro projects to increase by 12-19% in 2019-20

Union Budget 2019 India: The increase in the Road and Infrastructure Cess should provide additional funding for infrastructure projects.

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Budget 2019: Govt plans to announce structured reforms in power tariff policy

Budget 2019 India: The budgetary allocation for the renewable energy sector in FY2020 will help meet its funding requirements, including that for building a green energy transmission corridor.

Union Budget 2019 India, Budget 2019-20 News

Budget 2019 provides big push to PM Modi’s affordable housing scheme

Budget 2019 India: The overall budgetary allocation for PMAY remains in line with that declared in the interim budget, at Rs 25,853.26 crore, of which Rs 19,000 crore is allocated for PMAY-G and Rs 6,

Union Budget 2019 India, Budget 2019-20 News

Budget 2019 is a step towards making India 5G-ready by 2020, says Rajan Mathews, DG COAI

Budget 2019 India: An aspirational Budget, but without relief for a key component industry.

Union Budget 2019 India, Budget 2019-20 News

Union Budget 2019 will boost retail economy, believes Shashwat Goenka of RP-SanjivGoenka Group

Budget 2019 India: The government will ease local sourcing norms for FDI in single-brand retail sector.

Budget 2019 News

Budget 2019: Towards housing for all by 2022

Budget 2019 India: The government has announced several tax benefits to increase the demand of affordable housing.

Union Budget 2019 India, Budget 2019-20 News

Budget 2019 lays roadmap towards a $5-trillion economy, says Wellspun Group chairman BK Goenka

Budget 2019 India: Union Budget covered all the major sectors with minute detailing for the betterment and growth of the economy.

Union Budget 2019 India, Budget 2019-20 News

Budget 2019 puts India on a high-growth trajectory: Paytm Payments Bank CEO Satish Gupta

Budget 2019 India: The proposal to create MDR-free environment for SMEs will go a long way in promoting digital payments.

Union Budget 2019 India, Budget 2019-20 News

Budget 2019: Plenty to cheer for oil and gas industry

Budget 2019 India: Adequate subsidy for the Phulpur-Dhamra gas pipeline will be positive for GAIL, as the same will improve the viability of the project.

Budget 2019, Union Budget 2019 India, Budget 2019 India, Budget 2019-20, News

Economic Survey 2019 highlights scope for growth supporting fiscal stimulus

The state governments can uplift their fiscal deficit up to 3% of GDP in 2019-20 without breaching their respective FRBM limits, maintaining a surplus on revenue account.

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Economic Survey 2019: Foreign investments will trigger a virtuous cycle, says CEA K Subramanian

The global environment both in terms of liquidity and surplus is benign. There is a lot of flush liquidity looking for good avenues for investment, says CEA K Subramanian

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Economic Survey 2019: Over 90% MGNREGS payments in 15 days under Direct Benefit Transfer boost

Survey suggests that the data on demand for work under MGNREGS can be developed into a real-time measure to track distress

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