Business

India's biggest asset has always been its young human resource and the measures taken in the fields of research and education will surely go a long way in boosting start-ups in various fields and across all economic segments, Yusuff Ali MA, Chairman of UA...

Namami Gange, which was a flagship programme of the BJP after it came to power in 2014, saw a reduction of budgetary allocation from Rs 2,300 crore in 2018-19 to Rs 750 crore in 2019-20.

Union Budget 2019 decided for an additional deduction of up to Rs1.5 lakh for interest paid on housing loan, upto Rs 45 lakh borrowed up to March 31, 2020.

Out of the total allocation, Rs 3,05,296 crore ($44.6 billion) have been earmarked for Defence Expenditure (the actual defence budget), while the rest is civil expenditure which includes pensions and miscellaneous expenses.

Interestingly, in an over two-hour speech, Nirmala Sitharaman made certain proposals that raised quite a few eyebrows.

Union Budget 2019: The BSE group ‘A’ stock of face value Rs 10 has touched a 52-week high of Rs 4,903.90 on 27 May 2019 and a 52-week low of Rs 3,263.70 on 23 October 2018.

This proposal, raising minimum public shareholding level in listed companies to 35 per cent, is aimed at increasing liquidity in the stock markets.

Finance Minister Nirmala Sitharaman also said Electronic Fundraising Platform, a social stock exchange, will be set up to list social enterprises and voluntary organisations working for social welfare objectives.

Union Budget 2019: The BSE group ‘A’ stock of face value Rs 10 has touched a 52-week high of Rs 428.80 on 22 June 2018 and a 52-week low of Rs 239 on 5 October 2018.

Union Budget 2019: Axis Bank shares have gained a whopping 58% in the last one year compared with a 12% rise in the benchmark Nifty 50 index.

Since Shanmukham Chetty presented Independent India's first Budget, speeches are getting longer and involve increasing number of policy announcements.

The Economic Survey 2018-19, prepared by CEA Krishnamurthy Subramanian, doesn’t seem keen on charting a reformist course. Indeed it begins with skepticism about, if not disdain for, what it calls the “traditional Anglo-Saxon view of the economy.”

The Economic Survey cited demographic projections that show India’s population growth to decline over the next two decades, growing at less than 1 per cent during 2021-31 and under 0.5 per cent during 2031-41.

The consumer pays the service tax to the service provider while paying the bill. The government in turn collects the tax from the service providers.

Because of his work in shaping the Indian banking sector and other path-breaking research with a significant societal impact, Subramanian was named ISB’s inaugural Alumni Endowment Research Fellow in 2014.

The Economic Survey said in order to create a $10 trillion economy by 2032, India needs a robust and resilient infrastructure and public investment cannot fund the entire infrastructure investment requirements of the country.