FM Sitharaman skipped injecting fresh capital into Indian lenders for the first time since 2014. Instead, govt will sell stakes in 2 financial firms to raise cash.
Government is banking on NSSF, market and investors. But if any of these don’t play as per the script, then financing of fiscal deficit will become challenging.
The underlying assumption in the Budget’s economic strategy is that the Indian economy appears to have bottomed out and is expected to pick up in 2020-21.
To boost the startup ecosystem, Budget 2020 proposes to ease the burden of taxation on the employees by deferring the tax payment on ESOPs of startups.
What was sorely needed from Finance Minister Nirmala Sitharaman was that she deliver a 'historic' Budget 2020. But Indians got a 'history' budget instead.
‘Mother kept pouring water in our eyes whenever the burning became unbearable. She pushed our bodies deep into the blanket, making sure not a single part was exposed,’ my father said.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
Elementary Watson! When the govt. sucks away the money intended for public lending. the poor private corporations are out of source for their need.Net result is an economy with incompetent and inefficient public sector (BSNL, Air India) and cash poor industries run by the Private sector. That India is, well, not a working model.
Elementary Watson! When the govt. sucks away the money intended for public lending. the poor private corporations are out of source for their need.Net result is an economy with incompetent and inefficient public sector (BSNL, Air India) and cash poor industries run by the Private sector. That India is, well, not a working model.