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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.

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.

Budget has no impact on India's sovereign ratings: S&P

Last Updated: Monday, July 14, 2014, 12:54

S&P is the only of the three major credit agencies to have a "negative" outlook on India.

Budget 2014: A blend of Politics & Business

Last Updated: Saturday, July 12, 2014, 10:28

Arun Jaitley’s maiden budget aimed at overhauling the crumbling economy seems to have a strong political message too.

Foreign brokerages hail Budget as growth, reforms-oriented

Last Updated: Friday, July 11, 2014, 17:16

Analysts at foreign brokerages have lauded Finance Minster Arun Jaitley's maiden Budget saying the measures announced will boost growth as it has ushered in the much-needed reforms and has created a conducive investment climate.

City of London Corporation welcomes Indian Budget

Last Updated: Friday, July 11, 2014, 16:32

The City of London Corporation has welcomed the maiden budget of the new Indian government, saying that it sends a positive message for international stakeholders for investment in India.

Top NRI entrepreneurs hail Budget as "progressive, pragmatic"

Last Updated: Friday, July 11, 2014, 15:13

Leading NRI entrepreneurs have hailed India's budget as "progressive, pragmatic and sensible" while suggesting that overseas Indians be treated on equal terms with resident Indians for investments.

Not a 'big bang' Budget but overall tone positive: HSBC

Last Updated: Friday, July 11, 2014, 14:39

There was no 'big bang' in the Budget but the overall positive tone should keep the country's feel-good factor going, global financial services major HSBC said in a report.

Budget 2014: Govt allocates Rs 8.93 crore for SIT on black money

Last Updated: Friday, July 11, 2014, 14:33

Government has sanctioned a budget of Rs 8.93 crore for the infrastructure and logistical requirements of the Special Investigation Team (SIT) set up to combat the menace of black money in the country.

Budget: Govt sanctions Rs 13.11 cr for overseas tax offices

Last Updated: Friday, July 11, 2014, 14:20

Government has sanctioned an amount of Rs 13.11 crore for the expenditure of ten Income Tax Overseas Units (ITOUs), created to curb offshore tax evasion and promote foreign investment, in countries like Germany, USA and France.

Ban-hit Goa mining industry sees ray of hope in Budget

Last Updated: Friday, July 11, 2014, 14:04

Goa's beleaguered mining industry on Thursday said certain proposals in the Union Budget are expected to help the resumption of iron ore extraction, which had been stalled in the State since the last two years.

Budget Impact: Free drugs, diagnosis to ensure 'Health for All' priority

Last Updated: Friday, July 11, 2014, 14:03

Aiming to ensure "Health for All," government on Thursday promised to take up on priority initiatives like providing free drugs and diagnostic services besides earmarking Rs 500 crore to set up four more AIIMS-like institutes and earmarked Rs 39,237.82 crore for the sector.