Budget 2021 would be unprecedented in many ways, as the government would have to focus on providing stimulus packages to revive the economy, while also identifying other avenues of revenue to bridge the widening fiscal deficit

Since the education sector in India continues to be a strategic priority for the government, it has already allowed 100% FDI in the education sector through the automatic route since 2002

The gross budgetary support (GBS) sought by the railway ministry is about 7 per cent higher than GBS of Rs 70,250 crore allocated for the financial year 2020-21 in last year's budget by Finance Minister Nirmala Sitharaman

The portal was launched after the consumer internet company saw a 40 per cent increase in the number of doctors registering over the past 3 years

According to a note issued by Niti Aayog after the meeting, all the attendants agreed that high frequency indicators are showing signs of a strong economic recovery, and that too earlier than expected

Experts expect that further rally in the market may need the economy to regain its mojo for which the Union Budget will prove to be a ideal platform

In its 'India Real Estate - Residential and Office Update H2 2020' report released on Wednesday, the consultant reported that sales of residential properties fell 37 per cent to 1,54,534 units in 2020 across eight cities as compared with 2,45,861 units in the previous year

Prime Minister Narendra Modi will meet economists on Friday to seek their inputs for the upcoming Union Budget 2021 for boosting economic growth

The fiscal deficit currently stands at Rs 10,75,507 crore according to the latest data released by the Controller General of Accounts (CGA)

Following the financial performance review after the first half, sources said, it was found that Punjab & Sind Bank, out of the 12 PSBs, was in need of Rs 5,500 crore to meet the regulatory requirement

The ministry has asked these companies to expand their business through digital medium. They've also been asked to cut the flab by rationalising branches and rein in other avoidable expenses like guest houses, etc, PTI reported citing sources.

Union Minister of State for Defence Shripad Naik said that more than 60 per cent of the Indian Navy's budget is dedicated to capital expenditure and nearly 70 per cent of this capital budget has been spent on indigenous sourcing

The deficit widened mainly on account of poor revenue realisation. The lockdown imposed to curb spreading of coronavirus infections had significantly impacted business activities and in turn contributed to sluggish revenue realisation

The pandemic had put the brakes on the government's ambitious disinvestment plans for the fiscal. However, things have started picking up as businesses go back to normal and markets regain their appetite for buying assets. DIPAM Secretary Tuhin Kanta Pandey lays down the road ahead for the department

As India marches from one economic disaster to another, policy and planning appear to be victims of whims and fancies as and when they strike

India Stock Market Highlights: Reliance Industries, followed by HCL Tech, TCS, Asian Paints, Bajaj Auto, Infosys and HUL were among the top losers. On the other hand, ICICI Bank, IndusInd Bank, Bharti Airtel and SBI were among the gainers

Multiple estimates by multilateral institutions show the COVID-19 pandemic will hit India the hardest by sending 40 million people into \"extreme poverty\", worsen hunger and income inequality, and yet the government seems oblivious with no data, no estimation or policy response

In December 2019, Boeing had announced the suspension of 737 MAX production starting in January this year due to certification moving into 2020

Fund infusion would be for meeting regulatory capital requirements if need arises in October-December quarter. Second quarter result will give an idea as to which bank may require regulatory capital and accordingly recapitalisation bonds would be issued to them

Compensation receipt in Consolidated Funds of India was subject to reconciliation in coming months, as usual, in forthcoming financial year. If, for that reason, amount remained in Consolidated Fund, that can't be treated as \"diversion\", clarify ministry officials