Economy News

Union Budget 2020: Railway passengers expect CCTVs, onboard entertainment in trains

Union Budget 2020: Railway passengers expect CCTVs, onboard entertainment in trains

People told Zee News their expectations for Indian Railways in the Union Budget 2020, and what changes they wish to see.

Jan 23, 2020, 17:58 PM IST
Budget 2020: CII for higher tax benefits for homebuyers to boost demand in real estate sector

Budget 2020: CII for higher tax benefits for homebuyers to boost demand in real estate sector

The chamber said that in order to meet a minimum GDP growth target of 6 to 7 per cent, it is important to have a definitive plan for boosting the demand in the sector.

Jan 23, 2020, 16:58 PM IST
Budget 2020 may offer production incentives for fabless chip firms

Budget 2020 may offer production incentives for fabless chip firms

The National Policy for Electronics, 2019, argues for special support for developing core competencies in the strategic sub-sectors like fabless chip design industry.

Jan 23, 2020, 16:03 PM IST
Budget 2020 opportunity to unleash reforms to restore economic growth: Brickwork

Budget 2020 opportunity to unleash reforms to restore economic growth: Brickwork

Brickwork Ratings on Thursday said the Union Budget 2020 is an opportunity to unleash reforms to restore economic growth and to set a clear roadmap for achieving the ambitious USD 5 trillion economy

Jan 23, 2020, 15:54 PM IST
Bihar expects government to table Union Budget 2020-21 keeping GST, unemployment, tax rate cut in mind

Bihar expects government to table Union Budget 2020-21 keeping GST, unemployment, tax rate cut in mind

In Bihar, the people travelling by bus from Patna to the corners of the state, have asserted that the budget should be prepared, keeping in mind the common man. According to them, this government's

Jan 22, 2020, 18:12 PM IST
Budget 2020 may announce big bonanza for income tax payers, no tax on income up to Rs 5 lakh

Budget 2020 may announce big bonanza for income tax payers, no tax on income up to Rs 5 lakh

A reduction in income tax is will enhance the disposable income of the people and in turn encourage individual spending, positively impacting the middle-class sector.

Jan 22, 2020, 17:51 PM IST
Sensex to open for trade on Budget 2020 day

Sensex to open for trade on Budget 2020 day

The Bombay Stock Exchange (BSE), also known as Sensex, will be open for trading on February 1, 2020, on account of the Union Budget 2020-21, even though it will be on a Saturday. Trading timings

Jan 22, 2020, 14:16 PM IST
Tata Consultancy Services eyes business-friendly Budget 2020

Tata Consultancy Services eyes business-friendly Budget 2020

Tata Consultancy Services (TCS), the giant in IT Services, Consulting, Technology and Digital Solutions, is expecting Union Finance Minister Nirmala Sitharaman to come up with a business-friendly

Jan 22, 2020, 13:07 PM IST
FADA says vehicle registrations down 15% in December, puts hope on Budget 2020

FADA says vehicle registrations down 15% in December, puts hope on Budget 2020

Vehicle registrations in the country declined 15 per cent on a year-on-year basis to 16.06 lakh units after two months of positive growth, data from Federation of Automobile Dealers Associations (

Jan 22, 2020, 12:36 PM IST
Budget 2020: Repair and overhaul firms expect level playing field

Budget 2020: Repair and overhaul firms expect level playing field

Days ahead of the Union Budget 2020, local maintenance, repair and overhaul (MRO) firms hope the government will provide level-playing field by bringing the taxes at par with neighbouring hubs such

Jan 22, 2020, 10:58 AM IST
IMF cuts India's growth rate to 4.8% for current financial year

IMF cuts India's growth rate to 4.8% for current financial year

The IMF attributed the slash in estimate to the slowdown in demand in the domestic market and stress in the nonbank financial sector.

Jan 21, 2020, 08:14 AM IST
Q3 results, budgetary expectations to dictate equity trend

Q3 results, budgetary expectations to dictate equity trend

 High stock valuations and the direction of foreign fund flows will impact the risk-taking appetite of domestic investors. The market participants expect measures to boost consumer sentiments via

Jan 20, 2020, 15:45 PM IST
FM to set realistic nominal GDP target at 9.5-10 percent

FM to set realistic nominal GDP target at 9.5-10 percent

Revenue estimates and fiscal deficit targets are also likely to be circumspect as not to face a situation of failing to meet them as the Finance Ministry is already fighting two perceptional issues

Jan 20, 2020, 15:37 PM IST
Budget 2020 may push back fiscal deficit MTFP target

Budget 2020 may push back fiscal deficit MTFP target

As per the medium-term fiscal policy cum fiscal policy strategy statement tabled in Parliament, the government is aiming to contain the fiscal deficit at 3.4 per cent in the current as well as the

Jan 20, 2020, 15:31 PM IST
Union Budget 2020-21: Nirmala Sitharaman participates in 'Halwa Ceremony' at Finance Ministry

Union Budget 2020-21: Nirmala Sitharaman participates in 'Halwa Ceremony' at Finance Ministry

Union Budget 2020-21 is to be presented on 1st February 2020. To maintain the secrecy of Budget, there is a “lock-in” of the officials involved in making the Budget. 

Jan 20, 2020, 14:12 PM IST
UN report projects India's growth rate at 5.7% for 2019-20, 6.6% in next fiscal

UN report projects India's growth rate at 5.7% for 2019-20, 6.6% in next fiscal

The projection in the UN`s World Economic Situation and Prospects report released on Thursday are higher than the 5 per cent made by the World Bank earlier this month.

Jan 17, 2020, 06:57 AM IST
Union Budget 2020-21: Centre may announce major relief for MSME sector

Union Budget 2020-21: Centre may announce major relief for MSME sector

The government is likely to announce a distressed asset fund of Rs 5,000 crore for micro, small and medium enterprises (MSMEs) facing liquidity crunch in the upcoming Budget 2020-21. 

Jan 15, 2020, 11:58 AM IST
Union Budget 2020-21: Road Transport ministry expects more funds to meet construction target

Union Budget 2020-21: Road Transport ministry expects more funds to meet construction target

Union Ministry of Road Transport and Highways has sought a fund allocation of Rs 1.10 Lakh crore for the vital Road sector, but it seems Finance Ministry isn't too keen and positive for the ministry'

Jan 15, 2020, 07:31 AM IST
Wholesale inflation rises 2.59% in December

Wholesale inflation rises 2.59% in December

The data on wholesale or headline inflation, gauged by the Wholesale Price Index, was released a day after separate data showed consumer inflation came in at 7.35 per cent last month.

Jan 14, 2020, 12:50 PM IST
Slow growth having a visible impact on payroll creation: SBI report

Slow growth having a visible impact on payroll creation: SBI report

SBI Ecowrap report has said that payroll data reveals India could create at least 16 lakh less payrolls in FY20, and added that labour remittances are also declining.

Jan 14, 2020, 09:24 AM IST