Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Loading...
Search

Total 6419 results found. Search for [ union budget ]

Results 1 to 21 of 6419
Anand Adhikari
New Delhi, June 23, 2021
In the past two years, the monetary policy has done most of the heavy lifting by keeping surplus liquidity in the system and low-interest rates to support the growth. It is now time for the fiscal policy to take the burden off from the RBI as the central bank has to address the inflation issue and plan an exit from the easy monetary policy. What more can be done on the fiscal side as the Union budget clearly lays down the fiscal measures for 2021-22? There are also fiscal constraints. The government has set a new 5-year fiscal consolidation path to 4.5 per cent fiscal deficit of GDP by 2025-26. The public debt to GDP which includes both center and state govt debt is 90 per cent of the GDP. The additional fiscal stimulus, if any, has to be very focused because of the resource constraints. First, the govt should do whatever it takes -- to vaccinate all and also faster. There is a big demand to increase the direct income support for the poor, which are the hardest hit by local lockdowns. The government guarantee to banks is another area where the banking system could be used to provide funds to sectors worst affected by the lockdowns. Clearly, the burden of supporting the economic recovery is gradually shifting to fiscal policy as the monetary policy globally is taking a reversal with central banks preparing for hiking rates and withdrawing the surplus liquidity. Also Read: Moody's slashes India 2021 growth forecast to 9.6% from 13.9%


Rashi Bisaria
New Delhi, June 21, 2021
WHO asks nations to scale up health infra, speed up COVID-19 vaccination to prevent another surgeThe World Health Organization (WHO) on Sunday called upon countries in its south-east Asia region to scale up public health infrastructure, rigorously implement social measures and make efforts to accelerate vaccination to prevent another COVID-19 surge. This week, Maldives and Myanmar confirmed the transmission of coronavirus variants of concern.Delhi eases COVID-19 curbs: Bars, restaurants can...


BusinessToday.In
June 15, 2021
India's growth story will be led by its PLI scheme, stated Piyush Goyal. He further added that PLI scheme for white goods will bring cost-competitiveness, quality, efficiency and technology


Aseem Thapliyal
June 11, 2021
Investor wealth rose by Rs 1.29 lakh crore in morning session against previous close of Rs 230.23 lakh crore


Reuters
June 7, 2021
The blue-chip NSE Nifty 50 index climbed 0.52% to 15,751.65 at close, and the benchmark S&P BSE Sensex added 0.44% to 52,328.51. Both the indexes rose more than 1% last week to notch their third straight weekly gain


BusinessToday.In
June 7, 2021
Finance Minister Nirmala Sitharaman, in her Budget speech, had announced privatising two public sector banks (PSBs) and one general insurance company in 2021-22.


Raj Chengappa|Rajeev Dubey
June 6, 2021
In an exclusive interview with India Today Group Editorial Director Raj Chengappa and Business Today Editor Rajeev Dubey, Union Finance Minister Nirmala Sitharaman said the scale and intensity of the second wave are sharply different from the first one


PTI
June 4, 2021
Presenting the budget and vote on account in the assembly, Finance Minister K N Balagopal said the government was compelled to adopt a firm stance, \"health first\" or \"health above all\" as its vision for development in the present circumstances


Anand Adhikari
June 4, 2021
As per RBI's new estimate, growth in the first quarter (April-June) of 2021-22 will fall from 26.2 per cent to 18.5  per cent. This is mainly because of lockdowns in various states.


PTI
June 2, 2021
Seeking to scrutinise the COVID vaccination policy in detail, the top court also asked the Centre to provide information including as to how Rs 35,000 crore, earmarked for vaccines, has been spent so far, and to place on record all relevant documents and file notings reflecting its thinking culminating in the policy


BusinessToday.In
May 28, 2021
Nifty closed 97 points higher at 15,435 against previous close of 15,337 and Sensex ended 307.66 points higher at 51,422


Aseem Thapliyal
May 28, 2021
The 50-stock index rose 118 points to hit an all time high of 15,455. Sensex gained 362 points to 51,477 against previous close of 51,115


Sumant Banerji
New Delhi, May 26, 2021
After a prolonged downturn, India's steel industry is set for good times. But it may have to expand quickly to meet the expected spike in demand


Aseem Thapliyal
May 24, 2021
The rise in market cap came after Sensex closed 111 points higher at 50,651 and Nifty rose 22 points to 15,197 today.


Reuters
May 16, 2021
The COVID-19 crisis has hit the Indian bureaucracy badly with many key officials infected by the coronavirus, slowing decisions on privatisations, among other proposed reforms


BusinessToday.In
May 10, 2021
Till Sunday evening, Delhi had 4.65 lakh doses of coronavirus vaccines available for those above 45, and healthcare and frontline workers, while 2.74 lakh doses were available for 18-44 age group.


Aseem Thapliyal
May 10, 2021
Market cap of BSE-listed firms rose to Rs 213.28 lakh crore today against previous close of Rs 211.24 lakh crore


BusinessToday.In
May 10, 2021
Vaccines have actually been, and are being, procured by and paid for by the Centre through this head of accoun, the ministry said.


BusinessToday.In
May 10, 2021
Tharoor shared a media report saying IMA has demanded an explanation from Vardhan for promoting Patanjali's Coronil tablet and said he would \"love to see the explanation\".


PTI
May 10, 2021
Thakur's remarks came in response to senior Congress leader Mallikarjun Kharge's letter to PM Narendra Modi urging him to use Rs 35,000 crore allocated in the Union Budget to ensure free vaccine for all citizens


PAGES 1 OF 321  12345