Number three is lucky for Pranab
New Delhi: Finance Minister Pranab Mukherjee believes three is his lucky number. In the 2011-12 budget he presented on Monday, for all new initiatives the money allocated started with the figure three
Pranab may dole out tax sops to salaried class, farmers
Finance minister Pranab Mukherjee is likely to give tax concessions to the salaried class and offer incentives to farmers in his Budget 2011-12 tomorrow to give relief from high prices and keeping an eye on elections in five states.
9% growth forecast difficult to achieve: Economists
The government may be bullish about economic growth next fiscal, but leading economists are not as confident as North block mandarins about India's ability to even maintain the current rate, given domestic and global headwinds facing the country.
Pranab Mukherjee tables economic survey for 2010-11
The Finance Minister has tabled the economic survey in Parliament, just before the announcement of the 2011 railway budget.
Following are the highlights:
Economy expected to grow at 9 per cent in 2
Survey predicts 8.6 per cent growth, higher inflation
India's Economic Survey for 2010-11 has predicted a 8.6 per cent growth for the current fiscal while sounding concern over inflation and the fall in factory output.
Nitish for special assistance of Rs 4,100 crore per annum
Chief minister Nitish Kumar on Wednesday expressed happiness over the Planning Commission's decision of approving the plan size of Rs 24,000 crore for Bihar even as he insisted on his demand for special assistance of Rs 4,100 crore per annum during the next plan period.
JPC meet signals hope for Session
New Delhi, Feb. 8: The government and the Opposition on Tuesday moved closer on the issue of the constitution of a joint parliamentary committee to probe the 2G spectrum scam, sending out a signal tha
Stop looking for sops: FinMin to exporters
New Delhi: Ahead of the Budget, Finance Minister Pranab Mukherjee on Tuesday said exporters will have to ‘fight’ their own battle and stop expecting fiscal incentives from the government.
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Government agreeable to JPC to end parliament logjam
Indicating that the stalemate in parliament over the opposition's demand for a joint parliamentary committee (JPC) probe into the 2G spectrum scam could finally end, the government on Tuesday told political leaders that nothing was "dearer" to it than letting the house run, sources said.
India to cut export deal costs by Rs 21bn
New Delhi: India on Tuesday announced a slew of measures, including round-the-clock customs clearance at eight ports and reduction in levies, that will cut export transaction cost by nearly Rs 2100 bi