Rs.150 crore for research under Atal Innovation Mission
Finance Minister Arun Jaitley Saturday announced the Atal Innovation Mission with an initial fund of Rs.150 crore for research and development.
Feb 28, 2015, 12:29 PM IST
National Skill Mission to develop youth employability
The government Saturday announced the launch of a National Skill Mission to develop youth employability, especially for those below 25 years of age.
Feb 28, 2015, 12:27 PM IST
Postal Deptt to use its vast network for proposed Payment Bank
Finance Minister Arun Jaitley today said the Postal Department will utilise the services of its vast network for the proposed Payment Bank.
Feb 28, 2015, 12:22 PM IST
Insurance cos gain on govt's announcement of schemes
Shares of insurance companies gained up to 4 percent after the announcement of several pension and insurance schemes in the Union Budget 2015-16.
Feb 28, 2015, 12:21 PM IST
Two lakh km of roads to be built
Finance Minister Arun Jaitley Saturday said the government intends to build two lakh km of road network.
Feb 28, 2015, 12:17 PM IST
Rs 1,000 cr fund for tech start ups, entrepreneurs: Govt
Finance Minister Arun Jaitley today announced Rs 1,000 crore for promotion of start ups and entrepreneurs particularly in the technology sector.
Feb 28, 2015, 12:16 PM IST
Government plans to bring down fiscal deficit: Jaitley
The government targets to bring down the fiscal deficit to 4.1 percent of the gross domestic product (GDP) in 2014-15 and further down to 3 percent in three years.
Feb 28, 2015, 12:13 PM IST
Sensex erases all gains; slips into red zone
As Finance Minister Arun Jaitley continued his Budget speech, the stock market benchmark Sensex today erased all its early gains of over 300 points and slipped into negative territory.
Feb 28, 2015, 12:11 PM IST
Govt to set up Mudra Bank for priority to SC/ST entrepreneurs
The government will a create a refinance agency, Mudra Bank with an initial corpus of Rs 20,000 crore to provide credit facilities to SC/ST businesses, Finance Minister Arun Jaitley said today.
Feb 28, 2015, 12:08 PM IST
Govt unveils universal social security and pension schemes
In order to ensure social security and promote public health, the government today proposed a slew of schemes like Pradhan Mantri Suraksha Bima Yojna, ATAL Pension Yojana and tax incentives for National Pension System.
Feb 28, 2015, 12:02 PM IST
India to increase infrastructure investment by $11.3 bn: FM
India will hike investment in infrastructure by USD 11.3 billion including on crumbling roads and railways in a bid to boost growth, the finance minister said Saturday as he unveiled his government`s first full budget.
Feb 28, 2015, 11:56 AM IST
Budget announces bank to fund small entrepreneurs
India will set up a bank to facilitate funding for the small entrepreneurs that make up the backbone of the country`s economy, Finance Minister Arun Jaitley said in his budget speech on Saturday.
Feb 28, 2015, 11:53 AM IST
Expert views: India sets 2015/16 fiscal deficit target at 3.9 pct of GDP
Finance Minister Arun Jaitley set India`s fiscal deficit target for the 2015/16 fiscal year at 3.9 percent of gross domestic product and said it would reduce the target gradually to 3 percent by 2017/18, one year later than previously expected.
Feb 28, 2015, 11:49 AM IST
Expert views: India sets 2015/16 fiscal deficit target at 3.9 pct of GDP
Finance Minister Arun Jaitley set India`s fiscal deficit target for the 2015/16 fiscal year at 3.9 percent of gross domestic product and said it would reduce the target gradually to 3 percent by 2017/18, one year later than previously expected.
Feb 28, 2015, 11:49 AM IST
Easing inflation provides room for rate cut by RBI: Jaitley
Making a case for rate cut by RBI, Finance Minister Arun Jaitley today said that retail inflation is expected to remain close to 5 per cent which allows further easing of monetary policy.
Feb 28, 2015, 11:45 AM IST
Expert views: India sets 2015/16 fiscal deficit target at 3.9 pct of GDP
Finance Minister Arun Jaitley set India`s fiscal deficit target for the 2015/16 fiscal year at 3.9 percent of gross domestic product and said it would reduce the target gradually to 3 percent by 2017/18, one year later than previously expected.
Feb 28, 2015, 11:42 AM IST
GDP in 2015-16 to be 8-8.5%; double-digit growth soon, says FM
Finance Minister Arun Jaitley today said growth in the next financial year will rise to 8-8.5 per cent and clock double-digit level in the subsequent years.
Feb 28, 2015, 11:36 AM IST
Jaitley unveils budget for growth, investment
Finance Minister Arun Jaitley announced a budget for growth on Saturday, saying the economy was ready to "fly", that the government would boost investment and ordinary people should benefit.
Feb 28, 2015, 11:28 AM IST
Jaitley begins budget speech saying economy in good shape today
Finance Minister Arun Jaitley Saturday began presenting India`s national budget for the next fiscal, saying the state of the country`s economy was better placed today with its credibility re-established by a series of measures taken by his government.
Feb 28, 2015, 11:23 AM IST
