Business

In the current fiscal, former Niti Aayog vice chairman Arvind Panagariya said, India will end up at 6.5 per cent, which is also a pretty good growth rate.

A report prepared by Deloitte, a consultancy, edited by Forbes India, says: “From banking to aerospace, every sector is bound to have a grouse of its own against some policy measure. Yet, as Budget day looms, hope springs eternal.”

Modi stoutly defended his economic policies, saying demonetisation was "a very big success story" and also rejected criticism of providing a jobless growth.

The deal is part of the government's objective to combine various public sector enterprises "to give them the capacity to bear higher risks" and create more value for shareholders, ONGC said.

In the run-up to Budget Day, CNN-News18 is giving its viewers an opportunity to voice out these expectations aloud through the ‘If I Were FM Challenge’.

The Union government has issued repeated warnings against digital currency investments, saying these were like "Ponzi schemes" that offer unusually high returns to early investors.

After the recommendations of TRAI, a separate category of 'in-flight communication (IFC) service providers' will be created, who will have to be registered with the Department of Telecommunications (DoT) to provide the service to the passengers.

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India is estimated to have grown at 6.7 per cent in 2017 despite initial setbacks from demonetisation and the Goods and Services Tax (GST), according to the 2018 Global Economics Prospect released by the World Bank recently.

The report is based on a survey among around 100 senior and mid-level employees of 65 telco and software and hardware service providers to telecom companies.

Airbus said it booked a total 1,109 aircraft orders and a record 718 deliveries in 2017.

In Budget 2017, the FinMin gave relief to the middle-income group by lowering the tax rate from 10% to 5% for the income tax slab ₹2.5 Lakh - ₹5 Lakh. However, the ministry is mulling over on introducing more changes in Union Budget 2018.

The 30-share Sensex gained 209.35 points, or 0.60 per cent, to touch an all-time high of 34,801.74, surpassing previous record of 34,638.42 (intra-day) reached on January 12.

Noting that the country has built a robust refining and petrochemicals sector over the years, the minister said several brownfield projects are already in the pipeline for creating capacities of around 142 million tons.

Forex dealers said a weak dollar in overseas markets on fears that a huge amount of foreign demand for American currency would dry up bolstered the rupee.

The project at the prime Golf Course Extension Road is the fourth of its kind in India after Pune, Mumbai and Kolkata.