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Finance Minister Arun Jaitley

Budget 2017: Digi-pay to weed out corruption, new schemes on anvil

The FM also said that the BHIM app will unleash the power of mobile phones for making digital payments and financial...

1 Feb 2017 2:34 PM IST

Bombay Stock Exchange

Sensex does a high-five to Budget, soars 400 pts

The Sensex, which kept moving in a tight range after the Budget was presented in Parliament, made a strong rally to...

1 Feb 2017 2:21 PM IST

RBI Governor C Rangarajan

Former RBI governor describes 2017-18 Budget A fairly routine Budget'

C Rangarajan said changing road map to reach fiscal deficit target of 3 per cent over the year will make a mockery of...

1 Feb 2017 2:14 PM IST

Finance minister Arun Jaitley

Budget 2017: Jaitley says jobs, skill training among 10 key focus...

Government proposes to extend Pradhan Mantri Kaushal Kendras to more than 600 districts across the country.

1 Feb 2017 2:08 PM IST

Union Finance Minister, Arun Jaitley (Photo: PTI)

Fiscal deficit to be contained at 3.2 per cent in FY18: Arun Jaitley

Revenue deficit will be reduced to 2.1 per cent for 2017-18 from 2.3 per cent in the ongoing fiscal.

1 Feb 2017 1:59 PM IST

Finance Minister Arun Jaitely, in presenting the budget for the fiscal year starting April 1 in Parliament on Wednesday, said the Indian economy was doing well despite slowing growth in other emerging economies.

Budget 2017: Govt reduces tax, pledges to boost rural economy

Govt plans billions of dollars in spending to double farmers' incomes over the next five year.

1 Feb 2017 1:53 PM IST

IT officials raid at Kotak Mahindra Bank at K G Marg in New Delhi. (Photo: PTI)

RBI asks Kotak Mahindra to cut promoter stake to 15 pc by 2020

As per BSE data, promoter shareholding in Kotak Mahindra Bank as on December 31, 2016 stood at 33.61 per cent.

1 Feb 2017 1:51 PM IST

India is the largest provider of generic drugs globally, with the Indian generics accounting for 20 per cent of global exports in terms of volume. (Representational Image)

Govt to frame new rules on medical devices to draw investments

Currently, 100 per cent FDI is allowed under the automatic route in the medical devices sector.

1 Feb 2017 1:44 PM IST

Budget 2017: Govt removes all taxes on PoS machines to push e-payments

Budget 2017: Govt removes all taxes on PoS machines to push e-payments

Jaitley exempted components from taxes to encourage domestic manufacturing of these devices.

1 Feb 2017 1:40 PM IST

Finance Minister Arun Jaitley

Budget 2017: Cash dealings above Rs 3 lakh banned from April 1

Decision to ban cash transactions beyond a threshold is based on the recommendation of the Special Investigation Team.

1 Feb 2017 1:19 PM IST

Bombay Stock Exchange

Footwear stocks climb 5 per cent on govt's new scheme

Arun Jaitley announced plans to launch a scheme that will boost its growth and create new jobs.

1 Feb 2017 1:17 PM IST

Finance Minister Arun Jaitley

Budget 2017: Record Rs 3.96 lakh cr allocation for infra to spur...

Total allocation for infrastructure stands at a record level Rs 3,96,135 crore in 2017-18.

1 Feb 2017 1:12 PM IST