Economy News

Union Budget 2015: Excise Duty on Cigarettes go up, Tobacco Company Stocks Slip

The FM increased excise duties on cigarettes, which saw industry stocks slip.

Feb 28, 2015

Union Budget 2015: Boost to Infrastructure as Jaitley Announces ₹70,000 Cr Investment

The FM decided to go for growth and to slow down the rate of fiscal consolidation.

Feb 28, 2015

Union Budget 2015: Will Achieve Fiscal Deficit Mid-Term Target of 3%, Says Jaitley

The FM has confirmed that he will stick to the 3% fiscal deficit, but would spread it out over the next three years.

Feb 28, 2015

Economic Survey 2015: Adopt Direct Cash Transfer; Overhaul Food Subsidies, Says Report

The report, which acts as the basis for the Union Budget 2015-16, noted that food subsidy reforms needed more work.

Feb 27, 2015

Economic Survey 2015: India's FY2016 Growth Estimated at 8.5%; FY2015 to Grow at 7.4%

Highlights of the Economic Survey presented on Friday

Feb 27, 2015

Economic Survey 2015: Should India Focus on 'Make In India' or 'Skilling India'? Both, Says Survey

The Economic Survey's take on the direction and the strategy India will need to adopt to expand its economy.

Feb 27, 2015

Jordan and Israel agree $900m Red Sea-Dead Sea pipeline

Jordan and Israel signed an agreement on 26 February to go ahead with a World Bank-sponsored project to build a desalination plant in the Gulf of Aqaba and a pipeline linking the Red Sea with the Dead Sea.

Feb 27, 2015

Economy Survey Highlights - Growth to Top 8% in 2015-16

The highlights of the Economic Survey presented on Friday.

Feb 27, 2015

Economic Survey Live: Growth to Cross 8% in FY 2015-16, Big Reforms Likely

The Economic Survey and its importance to the Common Man

Feb 27, 2015

Rail Budget 2015: Railway Minister Suresh Prabhu Aims at 'Better Services, Improved Connectivity'

Railway Minister Suresh Prabhu's four major goals and five drivers entail many initiatives to improve the overall efficiency of Railways

Feb 26, 2015

Rail Budget 2015: Railways to See ₹8.5 Lakh Crore Investment over Next Five Years, Says Rail Minister

Suresh Prabhu presented his first full Railway Budget and focused his attention on the much-needed investment in Indian Railways, as he laid out a game plan to achieve it.

Feb 26, 2015

Budget 2015: Planned Rail Investments To Receive Boost from Low Oil Prices

The Rail Budget could see considerable increase in fund allocation helped by the fall in oil prices

Feb 25, 2015

Samsung Electronics, China Trade Deal Give Boost to South Korea's Yuan Hub Ambitions

South Korea became the third country in the world to begin direct trading of the yuan for a local currency in December.

Feb 25, 2015

Modi Government Accepts 14th Finance Commission Recommendations

The Commission has recommended to the Centre to allocate 42% of the divisible pool to states, including taxes and grants

Feb 24, 2015

Turkey Keen to Join 'Make In India' Programme; Invites Indian Investments

Turkish Finance Minister has offered Indian industries better access to European and Central Asian markets.

Feb 24, 2015