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The amount for defence pension is an increase of 26.60 per cent over the allocation of Rs 85,740 crore last year. (Photo: Twitter/ANI)

Rs 2.95 lakh crore allocated for defence budget for 2018-19

Outlay for defence budget amounted to 12.10 per cent of the total budget of Rs 24,42,213 crore for 2018-19.

1 Feb 2018 4:18 PM IST

At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.

Govt expects Rs 48,661.42 crore from telecom sector in FY19

Govt earns revenue in the form of mainly licence fees and spectrum usage charges from telecom operators.

1 Feb 2018 3:36 PM IST

Companies that will run these airports have been given some concessions for fuel and electricity.

UDAN to connect 56 unserved airports, says Jaitley

Govt has proposed expansion of airport capacity by more than five times to handle a billion trips a year under a new...

1 Feb 2018 2:55 PM IST

The railways has started the exercise of an internal audit through which 50 mail and express trains will be upgraded to super-fast services. (Photo: File/Representational)

Budget for Railways: Bengaluru, Mumbai big gainers

Bengaluru will get a corpus of Rs 17,000 crore for the local rail network. Karnataka goes to polls this year.

1 Feb 2018 2:24 PM IST

Health regulation has several pieces, of which self-regulation by the private sector is an important one. Private players in the health sector are indeed quite diverse.

Union Budget 2018 unveils healthcare for 500 million of India's...

The government currently provides 30,000 rupees towards healthcare for poor families.

1 Feb 2018 2:11 PM IST

Finance Minister Arun Jaitley

Govt to soon announce steps to tackle NPAs of MSMEs: Jaitley

MUDRA Yojana launched in April 2015 has led to a sanction of Rs 4.6 lakh crore in credit to some 10.38 lakh MUDRA loans.

1 Feb 2018 1:48 PM IST

Finance Minister Arun Jaitley said that the government gave opportunity to people to come clean about their accounts held abroad. (Photo: Twitter/ANI)

Budget 2018: Govt misses fiscal deficit target; higher at 3.5 pc in...

Fiscal deficit has a bearing on sovereign rating of the country as well as the debt market.

1 Feb 2018 1:21 PM IST

Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds.

Cryptocurrencies not legal, will eliminate their use: Jaitley

RBI has not given any licence to any entity/company to operate such currencies.

1 Feb 2018 12:45 PM IST

As per the first estimate released by the Agriculture Ministry, onion production is pegged at 197.13 lakh tonnes for 2016-17 crop year

Govt to take steps to promote agri commodity exports: Jaitley

India's agri exports potential is as high as USD 100 billion against a current export of USD 30 billion.

1 Feb 2018 12:31 PM IST

To improve ease of doing business, a new scheme of self-assessment-based duty-free procurement of inputs required for exports has been introduced.

Union Budget 2018 predicts exports to expand by 15 per cent this year

The country's merchandise shipments rose 12.36 per cent to USD 27.03 billion in December 2017.

1 Feb 2018 11:59 AM IST

Finance Minister Arun Jaitley (Photo: AP)

India USD 2.5 trillion economy, set to be 5th largest in world:...

Finance Minister said in Budget speech that India will grow 7.2-7.5 per cent in second half of current fiscal.

1 Feb 2018 11:53 AM IST

Maruti January sales up 4.8 per cent at 1,51,351 units

Company's domestic sales stood at 1,40,600 units, up 5 per cent from 1,33,934 units in January 2017.

1 Feb 2018 11:39 AM IST