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1,000 cr in Budget for skill development of 10 lakh youth

Last Updated: Sunday, March 10, 2013, 20:31

The Union Budget for 2013-14 has earmarked Rs 1,000 crore for the skill development of 10 lakh youth through the National skills Development Corporation.

Chidambaram's Budget credit positive for rating: Moody's

Last Updated: Monday, March 04, 2013, 13:44

"India's budget pursues realistic fiscal consolidation, a credit positive for the sovereign", said Moody's in its credit outlook for the country.

All-women bank to start operations from November: Chidambaram

Last Updated: Sunday, March 03, 2013, 15:22

India's first all-women bank will start operations from November this year through six branches spread across the length and breadth of the country, Finance Minister P Chidambaram said Sunday.

Bank for women mere 'tokenism' sans social change: J S Verma

Last Updated: Saturday, March 02, 2013, 18:28

The former chief justice had led the three-member panel that looked into laws on crimes against women in the aftermath of the December 16 Delhi gangrape incident which had sparked massive protests.

Pragmatism: Common strand in Chidambaram`s eight budgets

Last Updated: Saturday, March 02, 2013, 13:46

Farmers will now be able to access this credit facility from private banks as well.

Healthy or not so healthy Budget 2013-14?

Last Updated: Saturday, March 02, 2013, 13:29

The Union Budget proposal to integrate rural and urban heath missions has been received well though experts lamented the rather ‘poor’ outlay under the combined scheme.

It is a very responsible Budget: Lord Paul

Last Updated: Friday, March 01, 2013, 21:00

"It has to be accepted that the Finance Minister has done a good job to keep confidence of everybody in the Indian economy and also tried to deal with budget deficit and still make efforts to increase growth rate," Paul, Chairman of the Caparo Group, said.

Budget proposals will help widen distribution reach: Insurers

Last Updated: Friday, March 01, 2013, 19:00

"Insurance broking is a specialised business and may require banks to develop additional skills. This move by the government will allow insurers to take advantage of the banks' distribution network," Tata AIG General Insurance CFO and Senior Vice-president-Finance Miranjit Mukherjee said.

Budget 2013 will woo more investors into MF sector

Last Updated: Friday, March 01, 2013, 17:35

The mutual fund players have welcomed the Budget proposals to increase the income slab for the Rajiv Gandhi Equity Savings Scheme (RGESS) and allow pension and provident funds to invest in debt schemes, saying these steps will increase the depth of capital markets.

Budget 2013: SUVs, imported vehicles to cost more

Last Updated: Friday, March 01, 2013, 12:41

Imported luxury cars will be costlier by up to Rs 15 lakh or even more, while prices of sports utility vehicles will also go up, with the Finance Minister P Chidambaram on Thursday proposing a hike in excise and customs duties on these products.

Budget looks to attract more investors to stock market

Last Updated: Thursday, February 28, 2013, 22:29

The government on Thursday unveiled a slew of measures to attract more investors to the stock market and making it easier for foreign entities to make investments.

Budget lacks strategy and vision for India`s development: Modi

Last Updated: Thursday, February 28, 2013, 21:24

Gujarat Chief Minister Narendra Modi on Thursday said that the UPA government`s budget lacks a growth strategy and vision to develop India`s economy.