Economic Survey

Budget 2015: RBI Governor Rajan Supports Strong Action Against Black Money Holders, Tax Evaders

The RBI Governor indicated his preference to go after black money holders and hold them to account

Feb 21, 2015

State Bank of India (SBI) chairwoman Arundhati Bhattacharya

Budget 2015: Mega Projects Will Help Boost Credit Offtake, Says SBI Chairperson

SBI's Bhattacharya said she expects the government spending on major projects to help improve credit growth.

Feb 17, 2015

Budget 2015: Govt to Double Allocation to ₹45,000 crore to Fast-track Road Projects

The allocation of money is seen as critical to revive the highways sector, which is likely to have a target of constructing about 8,500 km of roads next fiscal, despite inadequate participation by the private sector

Feb 16, 2015

Budget 2015: CII Wants Govt to Reform Tax Rules For Investment Trusts

The industry body wants a 'conducive' tax regime to spur growth of such trusts

Feb 16, 2015

U.S. Treasury Secretary Jack Lew (R) shakes hands with India's Finance Minister Arun Jaitley

Budget 2015: Sensex Up 860 Points in 4 Days; Markets Cheer Jaitley's Assurance On Reforms

The pre-Budget rally is taking indices to record highs, expecting positive announcements

Feb 13, 2015

Budget 2015: Modi Chairs Maiden NITI Aayog Meeting, Discusses Economic Policy Formulation with Noted Economists

The maiden NITI Aayog meeting saw discussions between the PM and economists on attracting investment, boosting domestic savings and the condition of agricultural sector and financing infrastructure.

Feb 7, 2015

Budget 2015: RBI Governor Raghuram Rajan Favours Higher Tax Exemption Limit On Financial Investments

A rise in the limit will improve savings rate

Feb 5, 2015

RBI Holds Rate; Says Tracking Govt Fiscal Consolidation and Inflation

The RBI has decided to hold rates steady, at least until the Fiscal Budget to be presented on Feb 28. Instead, it decided to lop off 50 basis points on SLR, which frees us additional funds for banks to increase lending.

Feb 3, 2015

Budget 2015: Prime Minister's Office Solicits Inputs from Economists

The Prime Minister's Principal Secretary has reached out to economists and help define and design the upcoming Budget

Feb 3, 2015

Budget 2015: Indian Economy to Record 5.5% Growth in 2015, Says Report

A research report sees the Indian economy expanding by 5.5% in 2015, owing to the fall in crude oil prices and interest rates.

Jan 30, 2015

Budget 2015 : No Increase in Tax Rates, Incentives for Manufacturing Sector

Jaitley indicates that Budget 2015 will not witness a rise in tax rates.

Jan 24, 2015

Budget 2015: 3-yr FDs could get Tax Exemption; Financial Institutions Call for Introduction of Corporate Tax-Slab

Banking industry representatives have called on the FM to rationalise the maturity period for tax exemption status on fixed deposits so that it is on par with mutual funds at three years.

Jan 22, 2015

arun-jaitley-asks-media-to-act-responsibly-towards-important-matters

Budget Proposals Will Be Transparent, Says Arun Jaitley

Arun Jaitley reiterated his stand on a more rationalized tax structure and added that Tier II and III cities would see infra investments go up, benefiting farmers.

Jan 20, 2015