PM Modi said the government's decision to auction coal has led to states getting richer and using the royalty money from the mines for the welfare of the people.

Former union minister Arun Shourie has termed the Narendra Modi govt's economic policy as \"directionless\" and also described the claim of the govt having bagged Rs 2 lakh crore through the coal mine auction as \"misleading\".

Though there is not a single business news story which can be termed less important, there are some which stand out among those we cover during a day. Here are the top five of them which we found the most relevant today.

Although Prime Minister Narendra Modi and some ministers of the government have already condemned such incidents, spread of such attacks could 'create disturbances', the Godrej Group Chairman said.

Every day we come across events which leave a lasting impression on our minds and daily life. Other events directly affect us and our monthly budget. We take a look at five such events which made news today.

Finance Minister Arun Jaitley on Saturday presented his maiden full-year Budget for the 2015-16 financial year in the Lok Sabha. Read the full text of his speech here:

Jaitley will present his first full-year Budget in the Lok Sabha at 11:00 am today, seeking to put the country on a path of 7-8 per cent growth over the next two years.

What made news this past fortnight - PM Narendra Modi's suit's auction, gold lost by Sree Padmanabhaswamy temple and more.

The problem is that one year since Prime Minister Narendra Modi's announcement, India is still grappling with the nuts and bolts of setting up a smart city.

\"As for what the FM should do, the answer is simple, control the fiscal deficit and remove subsidies,\" writes Lord Meghnad Desai Professor Emeritus at LSE.

The new robust diplomacy, which PM Narendra Modi calls \"Act East\", has delighted Washington, which has been nudging India for years to dovetail with the US strategic pivot toward the region.

The RBI on Thursday cut the repo rate at which it lends to commercial banks by 25 basis points to bring it down from eight per cent to 7.75 per cent.

While inflation has eased with the recent policies, firms that profited from booming rural demand are struggling due to the sudden slowdown.

While many events supported the rise in the Indian markets, the Modi government's promise to accelerate economic growth struck the right chord with investors.

Abbot Point port terminal in Queensland, about 980 km north of Brisbane, which he bought for nearly $2 billion in 2011 is the biggest single bet Gautam Adani has ever made.

Narendra Modi was much appreciated and well received all over the world for his business-friendly policies and efforts to improve jaded relations with different nations.

New entrants apart, the aviation industry was saddled with high interest cost in 2014, which stretched the bottom lines further.

A PMO official said that a bureaucrat who had worked closely with Modi when he was the chief minister of Gujarat will head the Project Monitoring Group. 

\"Modi is one of the top most searched personalities this year, even ahead of Bollywood stars Salman Khan and Katrina Kaif, making him the first politician to gain more popularity than film celebrities on the web,\" Google India said in a statement here.

With the new government now in place for the last six months, the country is impatiently waiting for the revival of the economy after several dismal years.