The Intelligence Bureau, National Security Guards and Delhi Air Traffic Control (ATC) were also intimated about the sighting and were put on high alert.

Rural initiatives will not be value accretive this fiscal.

Jayant Sinha, the Minister of State for Finance, spoke at length on government's economic vision, and the initiatives it has taken on various fronts, including reforms in the social sector and financial sector, among others. Anilesh S. Mahajan reports.

Minister of State for Finance Jayant Sinha assured that the government is on track to push reforms.

Events that made news in the past fortnight

Of the total borrowings during the December, 2014, US $145.62 million was raised through approval route, while US $491.67 million came through automatic route.

\"Fiscal consolidation is important. But should it be at the cost of growth?\" a senior finance ministry official told Reuters.

\"Our initial barriers have to be lowered and perhaps even removed. If we keep the doors closed, investments won't come in,\" FM Arun Jaitley said at a Make in India' event.

Corporate India finds govt schemes like Jan Dhan Yojana, announcement to build Smart Cities 'promising' and is hopeful that the next Budget would make progress on these.

The companies are promising an estimated 3-5 lakh new jobs, an increase of 15-20 per cent in headcount and average pay hike of 10-12 per cent.

Business Today readers feedback on the magazine's coverage -