Budget 2017: Modi government likely to go for growth, accept bigger deficit
Uploading Date : 31-01-2017Modi government is expected to unveil a budget on Wednesday aimed at boosting economic growth through additional spending, with borrowing seen rising to 3.3 per cent of gross domestic product in the coming fiscal year and 3 per cent in the year after that, economists polled by Reuters say.............
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Union Budget 2017: For pro-poor thrust, Jaitley must focus on housing and infrastructure this year
Uploading Date : 30-01-2017Considering that the welfare of the poor and middle class is the priority area of the government and the assembly elections manifestos of all the major political parties centre around housing and urban development, this year's budget is expected to give a major thrust on real estate housing & infrastructure........
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Reliance Defence bags Rs 916 crore contract from Indian Coast Guard
Uploading Date : 30-01-2017Industrialist Anil Ambani-led Reliance Defence on Monday said it has signed a contract with the Ministry of Defence for the design and construction of 14 Fast Patrol Vessels for the Indian Coast Guard valued at Rs 916 crore, the company said on Monday..............
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Measures expected from India's annual budget that could impact markets
Uploading Date : 28-01-2017Investors in India are bracing for higher taxes and less incentives from the government's annual budget to be unveiled on February 1 as the focus shifts to wringing out revenues to finance giveaways and higher public investment to support the economy.........
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Weekly roundup: Best week in 8-month; Sensex surges a whopping 848 points
Uploading Date : 28-01-2017The market put a stellar show in a holiday-truncated expiry week with benchmark indices rising the most in eighth-month thanks to higher rollovers to February series ahead of Union Budget 2017 as a pre-Budget rally defied the negative results from the companies such as Wipro, Ashok Leyland, HUL and M&M. Positive sentiment in global markets after Dow Jones, Wall Street’s closely-watched index.............
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Govt plans to revive colonial-era gold mines with $2 billion reserves
Uploading Date : 27-01-2017Government is planning to revive a cluster of colonial-era gold mines - shut for 15 years but with an estimated $2.1 billion worth of deposits left - as the world's second-largest importer of the metal looks for ways to cut its trade deficit, officials said...............
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Here are some key announcements Arun Jaitley may make in this year's budget
Uploading Date : 27-01-2017Finance Minister Arun Jaitley's February 1 budget, his fourth, is keenly anticipated as one that may unleash the economy's animal spirits. Here are some key measures that he could include......
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Germany to finance strategic infrastructure projects in India
Uploading Date : 25-01-2017Germany is set to finance long-term strategic projects in India particularly in the railway, infrastructure and smart cities sectors as part of efforts to support India's "growth story", a top German official has said..............
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