Page 31 - Union Budget

Budget: Balancing act for social sector, strong focus on health is visible

There has been an attempt to build on earlier initiatives, but financial constraints may hamper execution and achievement of goals

Power ministry to launch manufacturing programme for critical equipment

The scheme titled 'Manufacturing Zones under Atmanirbhar Bharat Package' in the Union Budget would entail setting up three manufacturing zones in a year

Riding on high growth: Key gainers from the Budget 2021 proposals

A focus on localisation and increase of duties in select sectors are also expected to boost manufacturing across sectors.

Best of BS Opinion: Defence budget, policy on disinvestment, and more

Here are the top BS Opinions of the day

Budget 2021: Bad bank will be a win-win for lenders, says Debasish Panda

All banks are eligible for privatisation. A committee of secretaries will decide which banks will be privatised, said Panda

Govt will reserve up to 10% in LIC's IPO for policyholders: DIPAM Secretary

Provisions have been added in the LIC Act to provide some reservation to policyholders as shareholders, said DIPAM secretary Tuhin Kanta Pandey

Focus on capex does not make Budget inflationary: Expenditure Secretary

We expect the cost of the vaccination to be Rs 700 per person. This includes the price of two shots at Rs 200-250 each, says Somanathan

Budget not just about raising, lowering tax: Finance secretary A B Pandey

The Budget should not be seen only as an exercise where you increase or decrease taxes, but also where you provide stability of rates, says Pandey

Union Budget 2021: FPIs may have to wait for dividend tax relief

Firms will examine qualitative factors before extending treaty benefits

Railways on the right track

The bottom line is that it calls for a capital expenditure of Rs 16.74 trillion between 2022 and 2031 on track and terminal infrastructure and rolling stock

Budget 2021: 'One Nation, One Ration Card' scheme in 32 states, UTs

'One Nation, One Ration Card' scheme of the Union Government is being implemented by 32 States and Union Territories, reaching about 69 crore beneficiaries, said Finance Minister Sitharaman on Monday

Little for the vulnerable

Budget didn't address special needs of a pandemic year

Reading the defence budget tea leaves

MoD has managed the defence budget well in a difficult year, but long-term fixes are needed

A bold move

Policy on strategic disinvestment is a huge break from the past

Continuum green bond issue shows global players vying for India infra pie

Continuum Wind Energy's six-year bond of $560 mn got over $3 bn pre-order bids on opening in US. Initial price guidance was 4.875%, issue rate could be as low as 4.5%

Budget 2021: Mobile phone makers slam higher duty on China imports

However, auto parts makers welcome it as a step that will help localisation

Nifty Bank index buoyant as long-standing demands are met in Budget

Increase of 12.1 per cent clocked in two days is the highest gains posted by the index in almost a year

Investors richer by Rs 10.5 trn after Budget; Sensex crosses 50K-mark again

The Nifty50 index rose 367 points, or 2.6 per cent, to settle at 14,648, surpassing its previous record made on January 20

Top stocks that are likely to benefit from FM's Budget proposals

According to Phillip Capital increased allocation for capital expenditure will bode well for large banks, namely ICICI Bank, Axis Bank, HDFC Bank and State Bank of India

India's fiscal targets higher; consolidation slower than expected: Fitch

The wider deficits and more gradual pace of consolidation will lift India's government debt