The revenue receipts in 2020-21 are expected to fall by more than five per cent due to the impact of the coronavirus pandemic. On the other hand, overall revenue increase in the next fiscal is estimated at 33 per cent, Jagdish Devda said

The RBI working paper co-authored by RBI Deputy Governor Michael Debabrata Patra,  who is also a member of the six-member monetary policy committee has recommended that maintaining the inflation target at 4 per cent is appropriate for the country

The inflation target could be tweaked to accommodate the government's higher borrowing plan of Rs 12 lakh crore in 2021-22

Fiscal deficit of 6.8 per cent of GDP in FY22 is achievable, says Ind-Ra, though, like FY21, it depends on Centre achieving disinvestment target of Rs 1.75 lakh crore in FY22

Tata Steel's earnings before interest, tax, depreciation and amortisation (EBITDA) rose 160 per cent to Rs 9,540 crore, highest ever in a quarter.

Little attention to direct income support, health and education deprivations, and revival of small businesses will keep the demand and production of goods and services depressed in FY22

Economists, CEOs, consultants, sector specialists interpret Nirmala Sitharaman's 'Never-before' Budget

The FM has set the stage, but timely execution is critical

FM bets big on infrastructure with focus on asset monetisation and sharp rise in allocations to highways and railways

As you invest in 5G, you will stop investing in 4G because capacity creation will be done on 5G which will obviously be lower cost of producing a gigabyte, given that you have much higher spectrum in those bands, Vittal said

The government has no plan to close down loss-making public sector telecom firms BSNL and MTNL, Minister of State for Telecom Sanjay Dhotre told Lok Sabha on Wednesday

As per Budget 2021, Centre approved only a marginal hike of around 1.4 percent to Rs 4.78 lakh crore for 2021-22 in defence budget against last year's allocation of Rs 4.71 lakh crore

'Total traffic revenue of railways in the current year to end of December 2020 has declined by Rs 36,993.82 crore compared to corresponding period of last year,' Union railway Minister Piyush Goyal informed the Parliament

Resisting the temptation to hike taxes, the finance minister banked on disinvestment and asset monetisation to increase government's revenue.

The Union Budget for 2021-22 admirably rises to the challenge of creating an enabling environment to deliver on the promise of National Infrastructure Pipeline in the next few years

India Stock Market News Updates Today: Earlier today, Sensex rose above the psychological key level of 50,000 and Nifty neared 14,700

Finance Minister Nirmala Sitharaman proposed in the Budget to create a National Monetisation Pipeline, comprising of potential brownfield infrastructure assets

Uday Kotak, the Executive Vice Chairman and Managing Director of Kotak Mahindra Bank, hailed the focus on healthcare, infrastructure and financial sectors

While the government has reduced customs duty on gold and silver, gold and silver dore bar, among others, it has proposed an Agriculture Infrastructure and Development Cess (AIDC) on them.

Budget 2021: The fiscal deficit of 9.5 per cent in 2020-21 and 6.8 per cent of GDP in 2021-22 crosses the level of global financial crisis. In fact, the numbers are much above the market expectations