The ruling BJP has suggested Finance Minister three-pronged strategy for value maximisation of the PSU, which includes asset monetisation, better corporate governance and restrain from announcing disinvestment target

According to economists at YES Bank, heath and R&D related spending is expected to see a boost to align India with its global peers and to adapt to ongoing changes in global health conditions

Since the education sector in India continues to be a strategic priority for the government, it has already allowed 100% FDI in the education sector through the automatic route since 2002

As many as 1,75,000 persons trained by the Ministry's skilling ecosystem in health sector professionals such as health workers, emergency medical technicians, were made available to the States for utilising their services during the pandemic

To mitigate the impact of COVID-19 on NBFC sector, the government and Reserve Bank of India (RBI) have announced various schemes such as the Partial Credit Guarantee Scheme (PCGS), Targeted Long-Term Repo Operations (TLTRO) and Special Liquidity Scheme (SLS)

Given the skewed finances of the central government owing to the COVID-19 pandemic, there is no elbow room at all to provide any relief to the common taxpayer

Union Budget 2021: The FM's Budget speech is expected to revolve around the Covid 19 pandemic and the steps govt is likely to announce for the economic recovery.

The Union Budget 2021 should reflect concrete and enthused government efforts to boost both consumption and demand for an overall push to the economy

The solution is to deepen India's bond markets to free the NBFCs from excessive dependence on banks, and make the occasional failures (IL&FS, DHFL) less traumatic for the banking system

All states asked for the Centre's interposition in clearing outstanding dues arising out of lower devolution of the states and GST in FY 2020-21

The gross budgetary support (GBS) sought by the railway ministry is about 7 per cent higher than GBS of Rs 70,250 crore allocated for the financial year 2020-21 in last year's budget by Finance Minister Nirmala Sitharaman

Local Self Government Department Minister Shanti Dhariwal gave the suggestion in a pre-budget consultation meeting with Nirmala Sitharaman, who discussed the budget for the next financial year with the finance ministers of various states

All eyes are on the budget as the government walks a tightrope of balancing growth and fiscal concerns. Effective implementation of the proposed budget will be key

IMF Managing Director Kristalina Georgieva said a new allocation of the IMF's own currency, Special Drawing Rights, would help give countries more fiscal space to tackle the health crisis and shift to a digital and green economy

The move to increase import duties is part of Prime Minister Narendra Modi's self-reliant India campaign that aims to promote and support domestic manufacturing, said the sources, who asked not to be named as the discussions are not public.

The Centre is expected to reinstate the 4 per cent Dearness Allowance (DA) hike, which was been on hold since April 2020 due to the economic downturn caused by the COVID-19 pandemic

Apple to bring back new chipsets, old magnetic charger to MacBook Pro Apple is set to launch the new MacBook Pro models powered by its own line of chipsets. The tech giant will also bring back magnetic charging as well as updated displays on the new MacBooks. The new laptop models will be launched this year. The company is working towards making a move from its Intel chipset and powering its new laptops with an enhanced in-house chipset, both in terms of processing and graphics performance....

Gadkari said once the policy is approved, India will become a automobile hub and there will also be reduction in the prices of automobiles

Raghuram Rajan said prioritising spending is important as it would help the government focus on what is essential, such as relief to poor households and small businesses

SPMCIL paid a dividend of Rs 215.48 crore to the government, which amounts to 5 per cent of net worth of the company as of March 31, 2020, and 41 per cent of profit after tax for FY20