Sensex zoomed 2,314.84 points to finish at 48,600.61 and the Nifty rose 646.60 points to have the biggest single-day gains ever for the benchmarks on Budget day.
Modi govt should follow this by reducing red-tape, simplifying tax & regulatory framework, and reforming financial sector to create environment for investment.
An underestimated growth projection could give Modi govt more spending room, while initiatives to improve NPA recovery could prove crucial for India's financial sector.
Finance Minister Nirmala Sitharaman Monday announced Rs 1.15 lakh crore for defence pensions, about 13 per cent less than the Rs 1.33 lakh crore that was allocated last financial year.
Finance Minister Nirmala Sitharaman announced the new Agriculture Infrastructure and Development Cess in the Budget, but clarified it will not increase the prices of commodities.
The budgetary estimate for MGNREGA for 2020-21 was Rs 61,500 crore. The Centre allocated an additional Rs 40,000 crore as part of the Pradhan Mantri Garib Kalyan Yojana.
According to govt data, the number of people who contribute more than Rs 2.5 lakh per annum is less than 1% of the total number of contributors in the Employee Provident Fund.
Assam CM can’t celebrate that the Congress drew a blank in the Bodoland Territorial Council polls in 2010 as well as 2015, and bagged only one in 2020.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
In post on social media, Cooper narrated experience of MiG-21 researcher from Germany who wanted to attend aircraft’s farewell ceremony in India, and the roadblocks he faced.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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