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As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Fiscal deficit target raised to 3.8 pc from 3.3 pc for FY20

This fiscal path commits us to the path of fiscal consolidation without compromising the needs of investment out of...

1 Feb 2020 2:48 PM IST

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Markets react negatively to Sitharaman's Budget 2020

Sensex was trading over 150 points higher ahead of the Budget presentation

1 Feb 2020 1:53 PM IST

Finance Minister Nirmala Sitharaman. (Photo: ANI)

Budget 2020 provides big income tax relief for individuals

The digital revolution will play a big role in delivering services to the people in India in the coming days, says FM.

1 Feb 2020 10:39 AM IST

Finance Minister Nirmala Sitharaman before announcing the Budget 2019.

FM Sitharaman arrives in Parliament to present first Budget of new...

The Union Budget 2020 will be presented in a short while from now.

1 Feb 2020 10:26 AM IST

Corporate Affairs Minister Nirmala Sitharaman. (Photo- PTI)

Donations to PM's fund covered under CSR spending: Corporate Affairs...

The ministry issued a memorandum clarifying that money donated by corporates considered as Corporate Social...

29 March 2020 2:24 PM IST

Finance Minister Nirmala Sitharaman (Photo- PTI)

Government is working on an economic package: FM Nirmala

Finance Minister made a series of announcements on tax regulations and compliance on Tuesday amid the novel coronavirus...

24 March 2020 4:34 PM IST

People wait for cash withdrawals outside a Yes Bank branch in Ahmedabad on Friday. (Photo: AP)

RBI's Yes Bank rescue plan on, SBI to pick 49 per cent

Finance Ministersaid the government had asked the Reserve Bank to look into what went wrong at Yes Bank and fix...

7 March 2020 6:29 AM IST

Satish Marathe, a member of RBIs central board. (Photo- Social media)

Stimulus package fails to involve banks as frontline warriors, says...

He said the three-month moratorium offered for loan repayments announced by Reserve Bank of India is "not enough"

20 May 2020 12:41 PM IST

Govt implements cut in employees provident fund contribution to 10% for May, Jun, July. (PTI Photo)

EPFO alert! Government implements cut in EPF contribution to 10% for...

Reduction in EPF contributions shall be applicable "in respect of wages payable by it for the months of May, June and...

19 May 2020 3:19 PM IST

Govt to soon take decision on OCI card holders to allay fears of temporary suspension of visas. (PTI Photo)

Indian government will soon take decision on OCI visa issue: Minister

Muraleedharan urged the diaspora to invest in India given the opportunity being offered by the major economic reforms

18 May 2020 12:17 PM IST

Migrant workers from other states trying to return to their homes arrives for transportation to a train station in Ahmedabad. (AP)

135 million Indians may lose job due to coronavirus impact

The worst impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita...

17 May 2020 4:25 PM IST

Congress says government package only worth Rs 3.22 lakh cr and 1.6% of GDP, not Rs 20 lakh crore

Congress accuses government of misleading people in the name of...

Government's economic package is only of Rs 3.22 lakh crore and 1.6 percent of India's GDP and is not worth Rs 20 lakh...

17 May 2020 4:03 PM IST