\"In all, from the total Rs 20.9 lakh package, the immediate fiscal slippage for the Centre will be a modest 0.8 per cent of the GDP,\" DBS economist Radhika Rao said

Taking a swipe at the finance ministry, Abhijit Sen says that an idea like this can come from the finance ministry because they (people in the finance ministry) don't have an idea what happens on the ground, they only look at spreadsheet

While the states can borrow up to 3.5%, or around Rs 7.5 lakh crore without any condition, the next 150 bps of the borrowing limit is subjected to certain conditions

Sitharaman Speech Live Updates on Economic Package: With an eye on further enhancement of Ease of Doing Business Government announces suspension of fresh initiation of insolvency proceedings up to one year

The government said it would offer 50 coal blocks for auction immediately with no eligibility conditions except for an upfront payment which will have a ceiling amount

Finance Minister Sitharaman Live on Rs 20 lakh crore Economic Package: FM Nirmala Sitharaman announced Atma Nirbhar Abhiyan. Provident Fund contribution of employers and workers is being reduced from 12% to 10% each of wages for the next 3 months, announced FM Nirmala Sitharaman. She added that the EPFO benefit will lead to more take home salary.

Although the industry always records a strong growth in March, this year the growth is stronger compared to average 10 per cent growth logged in previous years

A dozen experts interpret Budget 2020 and its impact

Budget 2020: While these initiatives are in the right direction, they don't lay the foundation for a holistic policy reform for start-ups

Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long

Economic Survey 2020: India's aspiration to become a $5 trillion economy depends critically on \"strengthening the invisible hand of the market and supporting it with the hand of trust\", shows the survey

Budget 2020: A significant amount of red tape and hurdles exist for exports. These need to be urgently identified and difficulties removed. Government could provide incentives by way of cost reductions on inputs for exports

Budget 2020: While taxpayers' expectation on withdrawal of DDT has been on for several years now, the probabilities are stronger due to the objective of the government to rationalise corporate tax rate and promote economic growth

Coal mining sector: The move is likely to create an efficient energy market and bring in more competition as well as reduce coal imports

Prescriptions from top experts in business, economics, politics and taxation

In the last 5 years, the country has strengthened itself in a major way and thus, we can strive and achieve targets such as the $5 trillion economy target, says Prime Minister Modi

People in US believe that the fundamental reforms that have been gathered out in India across the economy will make India a very competitive and productively-efficient economy in the long run, says Kant

Amendments to the IBC aim to remove bottlenecks, streamline the Corporate Insolvency Resolution Process (CIRP) and protect last mile funding in ordet to boost investment in financially distressed sectors

The World Bank loaned China $1.3 billion in the fiscal 2019 year ended June 30, down from about $2.4 billion during fiscal 2017.

The central government is in the process of implementing Occupational Safety, Health and Working Conditions (OSH) Code, and Code on Wages