Last Updated: Friday, February 27, 2015, 22:45
While taking positive cues from the growth outlook of over 8 percent for next fiscal pegged in the Economic Survey, Corporate India today said the government must take steps to boost capital formation and stay on the reforms course to sustain high growth.
Last Updated: Friday, February 27, 2015, 21:39
Finance Minister Arun Jaitley will present tomorrow the first full year Budget of the NDA government, hyped as a 'make or break' exercise, that is widely expected to unveil sops for tax payers while pushing forward the 'Make In India' campaign.
Last Updated: Friday, February 27, 2015, 18:45
As the NDA government tabled the Economic Survey for 2014-15 Friday, India Inc expressed its hope that the economy is looking up and the growth prospects are bright to attain double digit growth trajectory in the coming years.
Last Updated: Friday, February 27, 2015, 18:42
The West Bengal budget for 2015-16, presented today in the Assembly by state Finance Minister Amit Mitra, has showed a revised own-tax collection of Rs 40,062 crore for 2014-15 against the budgeted estimate of Rs 45,413 crore.
Last Updated: Friday, February 27, 2015, 21:40
To boost farm and food sector, the Economic Survey today prescribed huge investment in areas like research, irrigation and warehousing, besides calling for subsidy rationalisation and setting up of a national common market for agri-produce.
Last Updated: Friday, February 27, 2015, 17:39
Citing prevailing favourable factors boosting the country's overall trade performance, the Economic Survey today said it is an "opportune time" to remove restrictions on gold imports.
Last Updated: Friday, February 27, 2015, 17:35
After hiking state's revenue share and creating NITI Aayog, the other policy challenge will be to bring cities and other local bodies under the ambit of cooperative and competitive federalism, says the Economic Survey.
Last Updated: Friday, February 27, 2015, 17:32
The government is committed to fiscal consolidation and will restrict fiscal deficit to 4.1 percent of the GDP in the current financial year, says the Economic Survey.
Last Updated: Friday, February 27, 2015, 17:18
"Joining RCEP might help but not fully since the expectation is that the overall standards in RCEP will be weaker than under the TPP and TTIP," the Survey said, adding "in the context of the slowdown in both world growth and India's export buoyancy, any possible exclusion from the mega-regionals would be additionally worrisome".
Last Updated: Friday, February 27, 2015, 17:11
Expressing concerns over declining "buoyancy" of India's exports, the Economic Survey 2014-15 today said that weak infrastructure, challenging labour laws and scarcity of skilled manpower are affecting the country's trade.
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