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Need to correct lopsided subsidy policy: FM

Last Updated: Friday, July 18, 2014, 15:18

Replying to the Budget debate in the Lok Sabha on Friday, Finance Minister Arun Jaitley emphasised that politicians must rise above party politics to bring back the economy to high growth trajectory.

Ten key DRDO projects delayed: Jaitley

Last Updated: Friday, July 18, 2014, 14:25

Ten major projects of the Defence Research and Development Organisation (DRDO), including the LCA Tejas aircraft and several key missile programmes, have been delayed due to various reasons, Lok Sabha was informed Friday.

19 fighter aircraft, 11 helicopters crash in last 3 years: Govt

Last Updated: Friday, July 18, 2014, 14:19

Altogether 19 fighter aircraft and 11 helicopters of the armed forces crashed in last three years in which 24 service personnel were killed, Lok Sabha was informed Friday.

Govt to resolve issues hampering GST roll out within this year

Last Updated: Friday, July 18, 2014, 13:42

Government is aiming to resolve the issues hampering GST roll out within this year, Finance Minister Arun Jaitley informed the Lok Sabha today.

Delhi Budget: Power subsidy for consumers using up to 400 units

Last Updated: Friday, July 18, 2014, 13:10

Proposing no new taxes in the Budget for Delhi, Union Finance Minister Arun Jaitley on Friday announced subsidy of Rs 0.80 to Rs 1.20 per unit to small power consumers.

Arun Jaitley presents Delhi Budget in Parliament; power subsidy announced

Last Updated: Friday, July 18, 2014, 09:01

The government has proposed per unit power subsidy of Rs 1.20 and Rs 0.80 for consumption of electricity between 0 to 200 units and between 200 and 400 units respectively.

Ceiling of Lok Sabha leaks during debate

Last Updated: Thursday, July 17, 2014, 21:11

Law Makers had the first hand experience of the Monsoon Thursday night with Lok Sabha witnessing a major leakage in the ceiling.

Who is `No 2` after Narendra Modi, questions Congress in LS

Last Updated: Thursday, July 17, 2014, 17:34

Taking a dig at the government, Congress on Thursday questioned as to who is the `Number 2` after Prime Minister Narendra Modi.

Budget has limited short term impact on power sector: Fitch

Last Updated: Wednesday, July 16, 2014, 20:53

The Budget proposals for the power sector are directionally correct but lack specifics to support a meaningful improvement in the short-term, rating agency Fitch said on Wednesday.

Is BJP doing U-turn on its stated stand on Kashmir, asks Congress` Digvijay Singh

Last Updated: Tuesday, July 15, 2014, 22:22

With the issue of Baba Ramdev`s aide Ved Pratap Vaidik`s meeting with Pakistani terrorist leader Hafiz Saeed escalating, the voices within the Congress are growing against the BJP`s stand on the matter. On Monday, Congress spokesperson Digvijay Singh took to a social-networking site Twitter to criticise the BJP on going soft on Pakistan and terror.

Centre confident of consensus with states on GST: Revenue Secy

Last Updated: Tuesday, July 15, 2014, 22:11

The Finance Ministry Tuesday expressed the confidence that Centre and States will reach a broad consensus on the proposed Goods and Services Tax (GST) in the current fiscal.

Parliament to pass Union Budget before July 31

Last Updated: Tuesday, July 15, 2014, 20:23

Racing against time, the budgetary exercise this time will be fast-tracked so as to ensure that the Finance Bill 2014-15 is passed before July 31.