Economy News

Union Budget 2020: 10 top takeaways from Nirmala Sitharaman's speech

Finance Minister Nirmala Sitharaman has announced new and reduced tax slabs and have increased insurance cover for bank depositors giving relief to middle class.

Feb 1, 2020

India Inc reaction on Budget 2020: Biocon chief Kiran Mazumdar-Shaw hails promise on ending tax harassment

Biocon Chairperson Kiran Mazumdar-Shaw on February 1 lauded Sitharaman for promising to end tax harassment of India Inc and correcting the Companies Act to decriminalise many non-compliances.

Feb 1, 2020

Budget 2020: Unable to complete her Budget speech, Nirmala Sitharaman quits midway

Finance Minister Nirmala Sitharaman's budget speech was the longest ever and she felt too tired to read out the final two pages.

Feb 1, 2020

Budget 2020: Govt to sell part of its holding in LIC via IPO as part of its divestment drive

This could be the country's biggest initial public offering in recent times, the government will list Life Insurance Corp of India in the next financial year starting April.

Feb 1, 2020

Budget 2020: Bank deposit insurance raised to Rs 5 lakh after PMC Bank scam

The move comes after the closure of PMC Bank, where thousands of depositors lost their money.

Feb 1, 2020

Congress hopes Union Budget 2020 will bring relief to salaried class, rural India

Congress is hoping for the budget to include measures for investment in rural India besides providing a healing touch to the common man.

Feb 1, 2020

Follow Chinese model to create 4 crore jobs by 2025: Economic Survey

The integration of "assemble in India for the world" with the Modi government's Make In India initiative can help the country to become a $5 trillion economy by 2025, it suggested.

Feb 1, 2020

Union Budget 2020 highlights: As it happened

As India is facing its worst economic slowdown in a decade, it is expected that the Narendra Modi-led NDA government will announce measures to boost consumer demand and revive growth.

Feb 1, 2020

Will the Union Budget 2020 make it India's decade?

With the focus on the new decade and India's opportunity to seize the global economic opportunity, the Union Budget may well herald the second wave of structural reforms.

Feb 1, 2020

Growth in rail passenger, freight transport; dip in accidents: Economic Survey

As per the pre-Budget survey, during the year 2018-19, Indian Railways carried 120 crore tonnes of freight and 840 crore passengers making it the world's largest passenger carrier and fourth-largest freight carrier.

Feb 1, 2020

Economic Survey: Govt's key steps to achieve $5 trillion economy, check here

The Economic Survey noted that the year 2019 was a difficult year for the global economy with world output growth estimated to grow at its slowest pace of 2.9 per cent.

Jan 31, 2020

Economic Survey predicts growth revival, 6-6.5% GDP forecast for 2020-21: Key things to know

The survey gives a review of the developments in the economy over the previous 12 months and also gives an outlook for the next financial year.

Jan 31, 2020

India's economic survey likely to forecast growth in FY 21 at 6%-6.5%: Report

India faces its worst economic slowdown in a decade. Growth slipped to 4.5 percent in the July-September quarter.

Jan 31, 2020

Budget 2020: Govt likely to raise spending to revive economic growth

India is facing its worst economic slowdown in a decade. Growth slipped to 4.5% in the July-September quarter, worsening the job prospects for millions of youth entering the workforce each year.

Jan 29, 2020

Economic slump expected to deepen as direct tax collection runs in negative zone

Direct tax collections stood at Rs 7.26 lakh crore in the April-January 15 period of FY20 as compared to Rs 7.73 lakh crore in the same period of the previous year.

Jan 22, 2020

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Economy News

Union Budget 2020: 10 top takeaways from Nirmala Sitharaman's speech

India Inc reaction on Budget 2020: Biocon chief Kiran Mazumdar-Shaw hails promise on ending tax harassment

Budget 2020: Unable to complete her Budget speech, Nirmala Sitharaman quits midway

Budget 2020: Govt to sell part of its holding in LIC via IPO as part of its divestment drive

Budget 2020: Bank deposit insurance raised to Rs 5 lakh after PMC Bank scam

Congress hopes Union Budget 2020 will bring relief to salaried class, rural India

Follow Chinese model to create 4 crore jobs by 2025: Economic Survey

Union Budget 2020 highlights: As it happened

Will the Union Budget 2020 make it India's decade?

Growth in rail passenger, freight transport; dip in accidents: Economic Survey

Economic Survey: Govt's key steps to achieve $5 trillion economy, check here

Economic Survey predicts growth revival, 6-6.5% GDP forecast for 2020-21: Key things to know

India's economic survey likely to forecast growth in FY 21 at 6%-6.5%: Report

Budget 2020: Govt likely to raise spending to revive economic growth

Economic slump expected to deepen as direct tax collection runs in negative zone

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