Home » Business

Business - Page 169

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

Budget overhang, RBI policy, Q3 earnings to decide market course this...

The Reserve Bank will on Thursday announce its first bi-monthly monetary policy post-Budget.

3 Feb 2020 10:16 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex drops over 150 points; Nifty below 11,700

After swinging over 300 points in early session, the 30-share BSE index was trading 125.45 points.

3 Feb 2020 10:01 AM IST

Finance Minister Nirmala Sitharaman on Friday said that every single rural family will have electricity and a clean cooking facility by 2022. (Photo: ANI)

Dividend will be taxed in hands of investors: FM

The removal of DDT will lead to estimated annual revenue forgone of Rs 25,000 crore.

2 Feb 2020 5:50 AM IST

Personal income tax collections amounted to Rs 4.7 lakh crore last year, or 2.5 per cent of GDP.

Non-taxpaying NRIs will be taxed as Indian residents

The Budget also proposed to reduce the period of stay in India to 120 days from 182 days earlier for PIOs to be...

2 Feb 2020 5:43 AM IST

The new personal income tax rates will entail estimated revenue forgone of Rs 40,000 crore per year.

New tax regime gives with one hand, takes away with the other

Analysts claim there won't any great savings under new tax regime.

2 Feb 2020 5:39 AM IST

Union finance minister Nirmala Sitharaman

Mega talkathon Budget

Fiscal deficit pegged at 3.5%; Nominal GDP to be 10%; Capex scaled to 21%.

2 Feb 2020 5:23 AM IST

Congress leader Rahul Gandhi

Budget fails to address creation of jobs: Opposition

The ruling BJP though hailed it as visionary and futuristic, growth-oriented and all-inclusive .

2 Feb 2020 4:31 AM IST

Finance minister Nirmala Sitharaman

Archaeological sites to be developed into iconic sites

In this context, the Budget proposed to develop five archaeological sites as iconic sites with onsite museums.

2 Feb 2020 4:26 AM IST

It has mooted data centre parks throughout the country and outlaid 8,000 crore over a period five years for the National Mission on Quantum Technologies and Applications.

Data Centre Parks to come up across country

In this regard, she proposed to bring out soon a policy to enable private sector to build Data Centre parks throughout...

2 Feb 2020 4:23 AM IST

The private healthcare sector and medical equipment manufacturers have something to cheer about this years budget.

Viability gap funding set to cheer up private health sector

The viability gap funding window will be provided to hospitals which are setting up centres in tier II and III cities.

2 Feb 2020 4:20 AM IST

The report also does well to emphasise that higher trade-to-GDP ratios are a signal of competitiveness and an entry point for coupling the Indian economy with the international economy, including through global value chains.

Near-term market volatility likely over unmet expectations

Given the constraints, the FM seemed to have been able to only partially meet some of the high expectations the market...

2 Feb 2020 4:07 AM IST

Finance minister Nirmala Sitharaman

Finance minister takes care of many concerns of MSMEs

According to the minister, more than five lakh MSMEs have benefitted from restructuring of debt permitted by RBI in the...

2 Feb 2020 4:02 AM IST