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India's budget passed by Lok Sabha

Last Updated: Friday, July 25, 2014, 16:30

The Lok Sabha Friday passed the Finance Bill, 2014 by a voice vote. The bill, which is primarily the legislative proposals of the national budget for this fiscal, notably on taxes, will now go to the Rajya Sabha for approval.

Fitch says no major new measures for oil&gas sector in Budget

Last Updated: Friday, July 18, 2014, 20:33

Fitch Ratings on Friday said the Budget did not introduce any major new measures for the oil and gas sector and would be neutral for its rated oil and gas entities.

Mutual funds seek SEBI intervention on Budget tax proposals

Last Updated: Monday, July 14, 2014, 21:52

Concerned that some budget proposals may hit the mutual funds hard, industry body AMFI is taking up this matter with SEBI, requesting intervention of the capital markets regulator in this issue.

Measures announced in Budget will expand the economy: Arun Jaitley

Last Updated: Thursday, July 10, 2014, 16:14

The Finance Minister also promised formation of a high-level committee to deal with retrospective taxation.

Union Budget 2014: Govt proposes measures to energise capital markets

Last Updated: Thursday, July 10, 2014, 15:42

To energise capital markets, the government today proposed a slew of measures, including tax benefits and easier regulations for foreign investors and corporate bonds besides creating a new instrument Bharat Depository Receipts, helping BSE benchmark Sensex to jump 434 points. Finance Minister Arun Jaitely in his maiden budget also annouced incenvtive for real estate and investment trust (REIT).

Union Budget 2014: 'Doubling bauxite export duty to improve domestic supplies'

Last Updated: Thursday, July 10, 2014, 15:38

The doubling of export duty on bauxite, a key input for aluminium making, to 20 percent will help improve availability of the raw material to the domestic producers.

Union Budget 2014: Govt allocates Rs 7,060 crore for 100 smart cities

Last Updated: Thursday, July 10, 2014, 15:33

The government today proposed an allocation of Rs 7,060 crore in this financial year for developing 100 'smart cities' in the country.

Gold up on softer dollar; India budget eyed for import duty cut

Last Updated: Thursday, July 10, 2014, 08:52

Gold edged higher for a second straight session on Thursday, helped by a weaker dollar and as minutes of the Federal Reserve`s recent policy meet gave no indication of an early hike in U.S. interest rates.

'Commodity trading is not responsible for price rise'

Last Updated: Wednesday, July 09, 2014, 11:36

Commodities are not responsible for price rise. It is demand and supply scenerio which causes inflation.

Texprocil seeks scrapping of import duty on textile machinery

Last Updated: Monday, July 07, 2014, 19:09

Texprocil submitted pre-budget memorandum to Finance Minister Arun Jaitley.

UPA responsible for mess, govt will keep prices under check: FM

Last Updated: Monday, July 07, 2014, 17:51

Prices of food items are under control and there is no need for panic, the government declared on Monday.

Govt committed to check price rise: Jaitley

Last Updated: Monday, July 07, 2014, 16:05

Jaitly said that there is sufficient supply of onion and potato hence there is no need for panic.