Union Budget 2015

Highlights - Budget 2015

Prime Minister Narendra Modi`s government unveiled his government`s first full-year budget on Saturday.

Feb 28, 2015, 11:17 AM IST

Budget Highlights

Highlights of the budget for 2015-16 presented by Finance Minister Arun Jaitley in the Lok Sabha Saturday

Feb 28, 2015, 11:15 AM IST

Budget 2015 will present 'roadmap for development': Javadekar

Environment Minister Prakash Javadekar on Saturday said the Union Budget for 2015-16 will present a roadmap for development and fulfill the people`s aspirations.

Feb 28, 2015, 11:04 AM IST

Jaitley set to present India's national budget

Finance Minister Arun Jaitley was set to present India`s national budget for 2015-16 amid high expectations from all stakeholders in lifting overall growth, reinforced by the positive agenda set by the Economic Survey for "big bang" reforms.

Feb 28, 2015, 10:48 AM IST

India unveils budget under pressure to deliver reforms

Prime Minister Narendra Modi`s right-wing government will unveil its first full budget on Saturday, a day after announcing the time was ripe for long-awaited reforms to kickstart the economy.

Feb 28, 2015, 10:14 AM IST

Jaitley meets Prez Mukherjee ahead of presenting Union Budget 2015-16

Finance Minister Arun Jaitley on Saturday met President Pranab Mukherjee ahead of the presentation of the Union Budget 2015-16.

Feb 28, 2015, 09:57 AM IST

Sensex gains 262 points in early trade ahead of Budget

The benchmark BSE Sensex surged over 262 points and the NSE Nifty regained the 8,900-mark in early trade of a special stock market session today on continued capital inflows and increased buying by retail investors ahead of Budget 2015-16 slated to be announced later in the day.

Feb 28, 2015, 09:52 AM IST

Sensex surges over 200 points; Nifty reclaims 8,900 mark

A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Saturday surged 213.71 points or 0.73 percent in the early session ahead of the Union Budget.

Feb 28, 2015, 09:41 AM IST

Budget 2015 Overview: No change in rate of personal tax; mediclaim, pension exemption limits hiked

Finance Minister Arun Jaitley on Saturday proposed no changes in personal income-tax rates for 2015-16.

Feb 28, 2015, 03:09 AM IST

Nifty spike 161 points ahead of Union Budget

Bulls mobilised a day after Rail-Budget disappointment slide, as the benchmark Nifty witnessed across the counter buying spree leading the key index to rally 160.75 points, and to regain the psychological level of 8,800.

Feb 27, 2015, 21:29 PM IST

Economic Survey recommends huge investment in farm research, warehousing

To boost farm and food sector, the Economic Survey today prescribed huge investment in areas like research, irrigation and warehousing, besides calling for subsidy rationalisation and setting up of a national common market for agri-produce.

Feb 27, 2015, 17:50 PM IST

Opportune time for removal of gold import restrictions: Eco Survey

Citing prevailing favourable factors boosting the country's overall trade performance, the Economic Survey today said it is an "opportune time" to remove restrictions on gold imports.

Feb 27, 2015, 17:39 PM IST

Bring local bodies under cooperative federalism, says Eco Survey

After hiking state's revenue share and creating NITI Aayog, the other policy challenge will be to bring cities and other local bodies under the ambit of cooperative and competitive federalism, says the Economic Survey.

Feb 27, 2015, 17:35 PM IST

Fiscal deficit target of 4.1% to be met in FY15: Eco Survey

The government is committed to fiscal consolidation and will restrict fiscal deficit to 4.1 percent of the GDP in the current financial year, says the Economic Survey.

Feb 27, 2015, 17:31 PM IST

Survey has been made readable like "a blog": Subramanian

"Joining RCEP might help but not fully since the expectation is that the overall standards in RCEP will be weaker than under the TPP and TTIP," the Survey said, adding "in the context of the slowdown in both world growth and India's export buoyancy, any possible exclusion from the mega-regionals would be additionally worrisome".

Feb 27, 2015, 17:18 PM IST

'Weak infra, challenging labour laws affecting India's trade'

Expressing concerns over declining "buoyancy" of India's exports, the Economic Survey 2014-15 today said that weak infrastructure, challenging labour laws and scarcity of skilled manpower are affecting the country's trade.

Feb 27, 2015, 17:11 PM IST

'Infra sector growth marred; has most stressed loans of PSBs'

The infrastructure sector has remained clogged by bottlenecks so much so that it accounted for one of the highest stressed advances by public sector banks, but a slew of steps are on fast-track its growth, says the Economic Survey.

Feb 27, 2015, 17:09 PM IST

Domestic passenger traffic at Indian airports increases: Economic Survey

India`s Economic Survey Friday showed a healthy increase of 7.1 percent in the domestic passenger traffic handled at the Indian airports during April-December 2014-15.

Feb 27, 2015, 17:06 PM IST

Affordable homes, procedural delay major policy concerns

Widening demand-supply gap in the housing sector and solutions for financing affordable homes are major policy concerns, the Economic Survey said.

Feb 27, 2015, 17:02 PM IST

Airport PPP model leads to better infrastructure, revenues

The success of public private partnership (PPP) model in Indian airports has led to a significant improvement in infrastructure and collection of revenues, says the Economic Survey 2014-15.

Feb 27, 2015, 16:59 PM IST