UNION BUDGET 2020

Stocks in news: TCS, Wipro, IPCA Labs, JSW Energy and more

Stocks to watch today on April 16: TCS, Wipro, IPCA Labs, JSW Energy, Bajaj Auto, Care Ratings, Man Industries India among others are the top stocks to watch out for in Thursday's trading session

Coronavirus in Delhi: 386 cases total, 259 related to Tablighi event

Jain also said that the Delhi government only has 7,000 - 8,000 personal protection equipments (PPE) kits which will last 2-3 days

Bihar announces Rs 100 crore relief fund amid nationwide lockdown

Bihar government has also announced Rs 100 crore from the Chief Minister Relief Fund for the migrants stranded in other states

Prashant Kishor slams Nitish Kumar for inaction over stranded Bihar residents

In a tweet, Prashant Kishor said that governments all over the world were trying to bring people back to home but Bihar residents were stranded because of Nitish Kumar

Coronavirus impact: Gems and jewellery domestic sales tank 80%, exports 50% in 10 days

The industry is sure to have lost over 75-80 sales this month as people are buying only essential commodities and tend to keep cash with them as there is no clarity on how long this crisis will go on and fears of worsening of the situation

Petrol price slashed by 12 paise per litre, diesel by 14 paise

Industry sources said the reduction in rates would have been higher but for the Rs 3 per litre increase in excise duty effected on Saturday

Budget 2021: Can this budget boost consumers' confidence?

This year's finance budget will be announced in the backdrop of exceptionally challenging times due to COVID-19. The FMCG sector, however, has witnessed green shoots of recovery thanks to good monsoon, good demand and growth in the personal care and home care segments.  Watch the video as Sanjesh Thakur, Partner, Deloitte India, speaks about FMCG industry's expectations from upcoming budget and why the government should spend more on infrastructure and provide consumers with higher disposable income and thus boost consumer  confidence.

Budget 2021 highlights: FM Nirmala Sitharaman unlikely to announce relief on income tax front

Budget should be growth-oriented and not revenue-oriented, say experts

The first objective of the government in the upcoming budget should be job creation, said  Tarun Arora, Partner, Deloitte India. Salary limits should also be increased for employees from Rs 25,000 to at least Rs 50,000, he added. Watch the video for more details.

Budget 2021: Why India can't borrow more

A host of economists have suggested that the government needs to spend more towards the overall economy and infrastructure to create enough demand in the economy. This would finally bring us out of this recession. But where will the government get resources from? Watch the video as Rajeev Dubey, Editor, Business Today explains ways by which the government could raise resources and spend more to finally achieve its targets, in part 2 of the Budget series.

Watch: Union Budget: What's working, what's not for India's economy

Jobs, livelihood, infrastructure: What is FM's top agenda for Budget 2021?

The covid-19 pandemic has inflicted some real damage to almost all sectors of the economy, infrastructure being one of them. While the government will be busy making up for the economic losses in the upcoming budget, it shouldn't forget that equal importance needs to be given to job creation, economic growth, livelihoods and infrastructure. Watch as Sanjay Kumar, Partner, Deloitte India, talks about the challenges of infrastructure projects and why the government should set up an infrastructure board for the same.

Budget 2021

Budget 2021: What employees want from FM

From making amendments in Section 80C to assuring uniformity in the tax treatment for mutual funds schemes and ULIPs of insurance companies, there are many expectations from the budget. Watch as Tapati Ghose, Partner, Deloitte India, explains more on what employees want from the upcoming budget.

Also Read: Budget 2021: 5 big challenges in Indian banking

Rich should be taxed more to fill the income gap: Abhijit Banerjee

In conversation with India Today TV, Nobel laureate Abhijit Banerjee discussed the economic implications of COVID-led lockdown and ways in which economic growth can be stimulated in the upcoming budget. The discussion revolved around the Oxfam report on  rising income inequality among people especially after COVID, when Indian billionaires' wealth rose by up to 35 per cent while 84 per cent households suffered some form of income loss. Watch the video for Banerjee's suggestions on bridging this income gap.

Budget 2021: Key expectations from FM for direct taxes

The finance minister's announcement that budget 2021 will be like no other has created a lot of euphoria and excitement among citizens. But, at the same time, it has also fuelled concern regarding increase in taxes as the government will have to spend money on infrastructure and sectors affected by COVID such as-healthcare, tourism and hospitality. Watch the video as Rajesh Gandhi, Partner, Deloitte India explains how the balance can be achieved and expectations met given a tight fiscal situation prevailing in the economy.

Budget 2021: COVID-19 crisis emphasises need for higher allocation for healthcare sector