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  Business   Economy  05 Jul 2019

Business, Economy, 05 Jul 2019 Page-2

Budget 2019: Firms with turnover of Rs 400 cr to pay lower 25 pc corporate tax

Only 0.7 per cent of the companies will now remain outside the 25 per cent corporate tax bracket, says Sitharaman.

05 Jul 2019 1:26 PM

Budget2019: Sitharaman earmarks Rs 70,000 crore for public sector banks

Public sector banks will use technology for enabling the customer of one PSB to access service across all PSBs as well.

05 Jul 2019 1:12 PM

Budget 2019: Pension benefit to be extended to around 3 cr retail traders

Rs 350 crore allocated for 2 per cent interest subvention for all GST-registered MSMEs on fresh or incremental loans.

05 Jul 2019 1:07 PM

Budget 2019: NPAs worth Rs 4 lakh crore recovered in past four years

Government-owned and private banks besides non-banking financial companies have been saddled with huge NPAs.

05 Jul 2019 12:59 PM

Budget 2019: FM announces 2 pc interest subvention for GST-registered MSMEs

Sitharaman proposed the setting up of a payments platform for MSMEs for payment of bills.

05 Jul 2019 12:53 PM

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Budget 2019: Government will invest widely in agri infrastructure: Sitharaman

Every rural family, except those unwilling to take connection, will have electricity and LPG connection by 2022, said Sitharaman.

05 Jul 2019 12:52 PM

Budget 2019: Internet connectivity under BharatNet to be fast-tracked, says FM

The government aims to connect all 2.5 lakh village panchayats with high speed broadband by March 2020.

05 Jul 2019 12:47 PM

Budget 2019: 1.95 cr houses to be provided in second phase of PMAY-Gramin

Government keeps Gaon, Garib, and Kisan at the centre of everything we do, of every programme by 2022, says Sitharaman.

05 Jul 2019 12:43 PM

Budget 2019: Programmes to be accelerated, red tape reduced in 'New India': FM

NDA in its first term set the ball rolling for 'New India' with strident commitment to fiscal consolidation, said Sitharaman.

05 Jul 2019 12:33 PM

Budget 2019: Sensex gives up gains, falls over 400 points

The 30-share index was trading 428.10 points, or 1.07 per cent, lower at 39,479.96.

05 Jul 2019 12:14 PM

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Budget 2019: Our job creators are our wealth creators: Sitharaman praises India Inc

Earlier she said that the objective her government was to empower citizens for a strong nation.

05 Jul 2019 12:09 PM

Budget 2019: Govt contemplating higher FDI in aviation, media, says Sitharaman

Global FDI flow slipped by 13 per cent in 2018 to USD 1.3 trillion, from 1.5 in the previous year.

05 Jul 2019 12:06 PM

Budget 2019: Rail infra requires Rs 50 lakh cr till 2030, says Sitharaman

Udaan scheme will improve India's infrastructure, enable connectivity, and bridge the rural and urban divide,

05 Jul 2019 12:00 PM

Need structural reforms to reach USD 5 trillion economy: Sitharaman

Indian economy has reached USD 2.7 trillion now, and is within capacity to reach USD 5 trillion in the next few years.

05 Jul 2019 11:50 AM

India on upward growth trajectory, says Arun Jaitley

Economic Survey projected India's growth to rise to 7 pc in the current fiscal, from five-year low of 6.8 pc in 2018-19.

05 Jul 2019 9:14 AM

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Virtuous cycle of savings, investment & exports can drive GDP growth

The presence of a triggering macro-economic “key driver” that catalyses the economy into a virtuous cycle is critical.

05 Jul 2019 1:56 AM

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