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  Budget 2015: Finance Ministry seeks Rs 100 crore grant to tap Chinese market

  February 17, 2015 8:25 IST

  New Delhi: With an idea to facilitate manufacturing so that Indian firms create their own value chains, the centre is planning to set up a company to acquire land in CLMV (Cambodia, Laos, Myanmar and

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  Govt may increase cap on tax-free medical expenses

  February 16, 2015 9:30 IST

  New Delhi: The government is reportedly planning to raise the cap on tax-free medical reimbursement limit. The cap  currently fixed at 15,000 per year may soon be raised to Rs 25,000 a year.  The government

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  Budget 2015: Modi government's first budget to focus on investment and tax reforms

  February 15, 2015 19:06 IST

  New Delhi: Narendra Modi rode on the promise of reviving the Indian economy after a thumping majority for his party in the last general elections. The first budget of his government will reflect his plans

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  Budget 2015: Jaitley likely to announce Rs 45000 crore disinvestment target for FY16

  February 13, 2015 13:35 IST

  New Delhi: Finance Minister Arun Jaitley is likely to announce an ambitious Rs 45,000 crore disinvestment target for the FY16 during his 2015 Union budget.The move is expected to allow him to keep the fiscal

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  Budget 2015: Electric cars may become cheaper

  February 12, 2015 9:39 IST

  New Delhi: Just fortnight before the Union Budget 2015-16, it is expected that Hybrid and electric vehicles may become cheaper. Government is considering a proposal to give incentives to manufacture of such vehicles.Pushing Narendra Modi's

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  Budget 2015: Delhi debacle forces BJP to rethink on administering "bitter medicine"

  February 11, 2015 11:27 IST

  New Delhi: After being humiliated by the Aam Aam Aadmi party in Delhi Assembly polls, pressure is mounting within the BJP to present a pro-poor Budget and not to administer the "bitter medicine" that Prime

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  Emboldened by BJP debacle, opposition gears up to block govt's legislative push in RS

  National | February 11, 2015 8:01 IST

  New Delhi: Aam Aadmi Party's  victory in Delhi polls could reverberate in the upcoming budget session in parliament as well as  in poll bound states.An emboldened Opposition looks all set to counter the Modi-regime in

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  Auto industry body seeks excise duty reduction in Budget

  February 08, 2015 14:57 IST

  New Delhi: Society of Indian Automobile Manufacturers (SIAM), an automobile industry body, has asked the Finance Minister Arun Jaitley to reduce excise duty on automobiles in the forthcoming budget in order to help the sector

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  Budget 2015: Road Ministry doubles its budgetary allocation to Rs 50k crore

  February 08, 2015 14:05 IST

  New Delhi: The Road Transport and Highways Ministry has doubled its budgetary allocation to Rs 50,000 crore to meet the ambitious plan of building 30 kms of roads a day.Sources from Road Transport and Highways

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  Govt to infuse Rs 6990 cr in 9 public sector banks, SBI to get the biggest share

  February 08, 2015 11:29 IST

  New Delhi: The government has announced a capital infusion of Rs.6990 crore in nine state run banks, including State Bank of India (SBI) and Punjab National Bank (PNB), based on new efficiency parameters such as

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  Budget 2015: No proposal at present to hike rail fares, says Manoj Sinha

  February 07, 2015 13:52 IST

  Lucknow: Ahead of the presentation of the Rail Budget in Parliament, Minister of State for Railways Manoj Sinha today said there was no proposal at present to increase rail fares.Speaking on the sidelines of a

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  Budget 2015: Economists wants Modi government to increase public spending

  February 07, 2015 13:37 IST

  New Delhi: A policy meeting of the Niti Aayog led by Arvind Panagariya in New Delhi has suggested Prime Minister Narendra Modi to increase public spending. The meeting held under the aegis of several other

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  Budget 2015: Govt may restore customs duty on crude oil

  February 05, 2015 14:00 IST

  New Delhi: Finance Minister Arun Jaitley's much-anticipated Budget is expected to restore customs duty on the crude oil. The move will give the exchequer around Rs 14,000 crore the next financial year.The extra money will

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  Budget 2015: RBI calls for raising savings limit beyond Rs 1.5 lakh

  February 05, 2015 12:13 IST

  New Delhi: Days ahead of the Budget, RBI Governor Raghuram Rajan has pitched for increasing the tax exemption limit on financial investments by individuals from Rs 1.5 lakh a year.Acknowledging that there was a Rs

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  India should not settle for anything less than a double digit growth: Raghuram Rajan

  February 05, 2015 9:08 IST

  Mumbai: Putting hope in the country's economic growth, Reserve Bank of India Governor Raghuram Rajan said that “India should not settle for anything less than a double digit growth in the medium term after progressing

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  Approval of ordinances becomes a major challenge for govt in Budget session

  India | February 04, 2015 14:34 IST

  New Delhi: Prime Minister Narendra Modi led NDA government will face time crunch to get its  ordinances approved in the parliament during the  Budget session.With the tightly packed schedule of 20 sittings of the session,

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  Unspent funds by ministries may help Jaitley meet fiscal deficit target in FY15

  February 04, 2015 13:07 IST

  New Delhi: Finance Minister Arun Jaitley couldn't have asked for anything better. The minister will get Rs 80,000 crore benefit from money unspent by the government departments, provided to them in the last budget as

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  Rail fare won't be reduced despite diesel price cut: Suresh Prabhu

  National | January 31, 2015 23:20 IST

  Vadodara:  Union Railway Minister Suresh Prabhu today said that although diesel prices have come down, reduction in passenger fares is unlikely to happen.  “Railway recovers only 50 per cent of the passenger cost it bears.There

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  Budget 2015: Govt likely to free up funds up to Rs 3 lakh crore for states

  January 30, 2015 13:10 IST

  New Delhi: Union Budget for 2015-16 by Finance Minister Arjun Jaitely is expected to free up funds to the tune of Rs 3 lakh crore and allow the states to spend them in accordance with

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  Budget 2015: Traders expect Sensex to hit 30K mark and Nifty at 9000

  January 29, 2015 10:26 IST

  Mumbai: Indian equity markets are on a high buoyed by better-than-expected quarterly earnings reported by companies and a cut in interest rates. The Sensex has gained over 2200 points in the past 10 trading sessions,