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Page 42 - Union Budget

Covid slump may cause 7.7% GDP contraction in FY21: First Advance Estimate

The government's First Advance Estimate suggests the worst performance ever for the Indian economy in the wake of the slowdown caused by the coronavirus pandemic

Covid slump may cause 7.7% GDP contraction in FY21: First Advance Estimate
Updated On : 07 Jan 2021 | 6:35 PM IST

Govt considers creating bank with $13.7 bn equity to fund roads, ports

The finance ministry has prepared a note for Modi's cabinet to discuss the proposal

Govt considers creating bank with $13.7 bn equity to fund roads, ports
Updated On : 06 Jan 2021 | 11:28 PM IST

Budget wishlist: Broking community seeks time limit on Sebi proceedings

In a submission to the Union government, the brokers association said the Sebi Act does not prescribe any period of limitation on initiation of proceedings

Budget wishlist: Broking community seeks time limit on Sebi proceedings
Updated On : 06 Jan 2021 | 3:18 AM IST

Infra may get Atmanirbhar nudge in Budget as govt looks to spur growth

Any significant increase beyond 10 per cent year-on-year (YoY) may be difficult over the next three to four years, given the limited fiscal space

Infra may get Atmanirbhar nudge in Budget as govt looks to spur growth
Updated On : 06 Jan 2021 | 6:05 AM IST

Union Budget on Feb 1, Parliament session starts Jan 29, say reports

The Budget session will be held in two parts: from January 29 to February 15 and then from March 8 to April 8

Union Budget on Feb 1, Parliament session starts Jan 29, say reports
Updated On : 05 Jan 2021 | 5:48 PM IST

Budget Byte: Need to spend more on healthcare to manage shortcomings

Spending on health is improving gradually in India, even though it has not grown substantially from its level of 1% of GDP

Budget Byte: Need to spend more on healthcare to manage shortcomings
Updated On : 05 Jan 2021 | 3:13 PM IST

Budget Byte: Boosting consumer demand will be crucial task for Sitharaman

Pent-up or not, demand yet to fully recover from the pandemic impact

Budget Byte: Boosting consumer demand will be crucial task for Sitharaman
Updated On : 05 Jan 2021 | 9:27 AM IST

FinMin releases Rs 6K crore to states to meet GST compensation shortfall

The Centre had set up a special borrowing window in October 2020 to meet the estimated shortfall of Rs 1.10 trillion in revenue arising on account of implementation of GST

FinMin releases Rs 6K crore to states to meet GST compensation shortfall
Updated On : 04 Jan 2021 | 9:36 PM IST

Beyond Budget Headlines with AKB: Economic recovery and the tax challenge

What should Budget do to boost investment and spur economic recovery? Don't underestimate the importance of increasing investment, says Business Standard's in-house policy expert A K Bhattacharya

Beyond Budget Headlines with AKB: Economic recovery and the tax challenge
Updated On : 04 Jan 2021 | 1:34 PM IST

BJP pushes budget relief for middle class, business in wake of virus

The government ranks more than 300 million of India's population of 1.35 billion among middle-class consumers

BJP pushes budget relief for middle class, business in wake of virus
Updated On : 31 Dec 2020 | 3:06 PM IST

2020, the year that was: Coronavirus shadow may not go anytime soon

Achieving a vaccine roll-out on a scale that social-distancing norms can be dispensed with can't be expected for most of 2021

2020, the year that was: Coronavirus shadow may not go anytime soon
Updated On : 31 Dec 2020 | 6:10 AM IST

Banking on Budget: Stage set for transition from revive to thrive

Given the global Covid situation, there is some room for the finance minister to increase the fiscal deficit for a year without spooking the financial markets and rating agencies

Banking on Budget: Stage set for transition from revive to thrive
Updated On : 30 Dec 2020 | 10:54 AM IST

Best of BS Opinion: A new fiscal road map, emission reduction, and more

Here's a selection of Business Standard opinion pieces for the day

Best of BS Opinion: A new fiscal road map, emission reduction, and more
Updated On : 30 Dec 2020 | 6:25 AM IST

In search of a new fiscal road map

Budget 2021 must overhaul the existing FRBM Act to set feasible targets on deficit and debt

In search of a new fiscal road map
Updated On : 29 Dec 2020 | 10:57 PM IST

'We expect foreign flows to continue to gain traction in 2021'

Nishchal Maheshwari, Centrum Broking CEO, says that Budget 2021 should ensure that the recovery momentum is sustained

'We expect foreign flows to continue to gain traction in 2021'
Updated On : 29 Dec 2020 | 10:44 AM IST

Beyond Budget Headlines with AKB: Why bad banks are a bad, bad idea

What does FM Sitharaman's 'never-before Budget' assertion mean? Are there more relief measures in store or should we prepare for some shock in Budget 2021? A K Bhattacharya explains what we can expect

Beyond Budget Headlines with AKB: Why bad banks are a bad, bad idea
Updated On : 28 Dec 2020 | 10:07 AM IST

442 infrastructure projects show cost overruns of Rs 4.34 trillion

As many as 442 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of over Rs 4.34 trillion

442 infrastructure projects show cost overruns of Rs 4.34 trillion
Updated On : 28 Dec 2020 | 8:08 AM IST

Two-wheeler industry hopeful of growth in Q4 but wary of Budget: HMSI

The farmers' agitation and Budget are "sort of dark clouds" as the two-wheeler industry is hoping for a low single-digit sales growth in Q4 of 2020-21 on the back of a low base of previous year

Two-wheeler industry hopeful of growth in Q4 but wary of Budget: HMSI
Updated On : 28 Dec 2020 | 8:08 AM IST

Seek harmony between budget allocation, asset monetisation: NHAI chairman

The idea is to welcome more private investment and boost the economy through highway construction, said Sandhu

Seek harmony between budget allocation, asset monetisation: NHAI chairman
Updated On : 28 Dec 2020 | 7:11 AM IST