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BusinessToday.In
New Delhi, July 5, 2019
Presenting the Union Budget 2019, FM Nirmala Sitharaman stated that the government will undertake strategic sale of PSUs and also continue to do consolidation of PSUs in the non-financial space as well.


BusinessToday.In
July 5, 2019
FM Sitharaman specified multiple provisions and structural changes towards the banking sector, starting with provision of about Rs 70,000 crore in terms of additional capital infusion to state-owned banks to support credit improvement.


Anand Adhikari
July 5, 2019
Modi government has a target for the Indian economy to reach $5 trillion by 2025. That is a huge jump from current GDP of $2.7 trillion. A day before, the Economic Survey laid out the road map of a sustained 8 per cent GDP growth in the next 5 years with a moderate 4 per cent inflation.


Chitranjan Kumar
New Delhi, July 5, 2019
FM Sitharaman has urged Sebi to reduce maximum promoter shareholding from the current level of 75% to 65%; If Sebi follows the government proposal, 1,174 listed companies will have to meet the requirement


BusinessToday.In
New Delhi, July 5, 2019
Union Budget 2019: Shares of gems and jewellery companies fell sharply into negative terrain on the Bombay Stock Exchange after the minister proposed a hike in gold import duty.


BusinessToday.In
New Delhi, July 5, 2019
Union Budget 2019: The decision to levy corporate tax at the lower rate of 25 per cent from companies with turnover up to Rs 400 crore will include 99.3 per cent of the companies, Sitharaman said


BusinessToday.In
July 5, 2019
Union Budget 2019: The move will usher the single regime for foreign investors and regulate investments and funds brought in by the non-resident Indians and person of Indian Origin.


PTI
July 5, 2019



BusinessToday.In
July 5, 2019
Sensex Live Today: Sensex and Nifty closed on a negative note, as market participants turned cautious post the outcome of Union Budget 2019 amid globally weakened markets.


PTI
New Delhi, July 5, 2019
The Budget to be presented on Friday is expected to boost spending at the cost of short-term slippage in fiscal deficit targets as she lays down the Modi 2.0 government's road map for the economy and the nation in the next five years.


Sumant Banerji
July 4, 2019
The government says the industry is not doing enough, the industry says the government is being unrealistic. Electric mobility has pitted both against each other


Goutam Das | Dipak Mondal
New Delhi, July 4, 2019
Under Insolvency and Bankruptcy Code, in the event of liquidation, homebuyers may get little back since they are not 'secured creditors', whereas banks get preference.


Prosenjit Datta
New Delhi, July 4, 2019
The focus of the chapters in the Economic Survey 2019 is interesting, both for what they talk about and also for what they omit to discuss


BusinessToday.In
July 4, 2019
Union Budget 2019 Expectations: The  Micro, Small and Medium Enterprises (MSME) sector, which accounts for around 8 per cent of India's GDP, over 40 per cent of total exports and employs over 117 million people, is seen as the growth engine of the economy


BusinessToday.In
July 4, 2019
Union Budget 2019 Expectations: The recommendations submitted by the Retailers Association of India (RAI) to the finance ministry recently calls attention to areas that may be able to spur on growth in the sector and push up its contribution to the GDP


BusinessToday.In
New Delhi, July 4, 2019
In the last one month, YES Bank share price has declined nearly 40 per cent after global rating agencies such as UBS India and Moody's Investors Service downgraded the bank's ratings


BusinessToday.In
July 4, 2019
Finance Minister Nirmala Sitharaman will present her maiden Union Budget 2019 on July 5, which will be keenly watched by the Dalal Street. In order to kick start the economy, and to encourage investments, Sitharaman may raise income tax exemption limit for an individual income tax payee, which can boost consumption-based stocks.


BusinessToday.In
New Delhi, July 4, 2019
The Economic Survey says the government needs to nourish small MSMEs to help them grow into big companies, though the more focus should also be given to creating more jobs


PTI
July 4, 2019



BusinessToday.In
July 4, 2019
The consortium of three companies led by US cable giant Comcast at present is engaged in carrying out due diligence of ZEE.


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