High profile oil & gas sector gets no mention in Budget

Last Updated: Sunday, March 1, 2015, 17:02

Barring duty rejig for petrol and diesel, Finance Minister Arun Jaitley did not mention the high profile oil and gas sector in his Budget speech yesterday.

Vistara to have fleet size of 20 aircraft by 2018

Last Updated: Sunday, March 1, 2015, 16:43

Vistara, a joint venture between Tata Sons and Singapore Airlines, today said its fleet size will be increased to 20 by 2018, from five at present.

BAOA terms budget disappointing for aviation sector

Last Updated: Sunday, March 1, 2015, 16:41

A body of business jet operators today termed as "disappointing" the general Budget and said India cannot become the third largest aviation market by 2020, which it is aiming for, unless issues plaguing the aviation sector were addressed in an appropriate manner.

Black money holders will have a last chance to disclose assets

Last Updated: Sunday, March 1, 2015, 16:01

Indians holding black money abroad will be given a last chance to disclose their overseas bank accounts or wealth to the government and avoid a jail term.

Rating firms flay fiscal consolidation delay; rule out upgrade

Last Updated: Sunday, March 1, 2015, 14:46

Global agency Moody's said the credit profile still faces a constraint from the fiscal side, while the government has decided to focus more on growth than the fiscal consolidation.

Walmart sees Bud driving domestic consumption, retail growth

Last Updated: Sunday, March 1, 2015, 14:09

Retail giant Walmart sees an increase in India's domestic consumption and retail growth over a period of time on the back of social security measures proposed in the Budget.

Govt targets Rs 1 lakh cr in dividend collection next fiscal

Last Updated: Sunday, March 1, 2015, 14:08

The government will collect Rs 88,781 crore on account of dividends in the current fiscal, the Budget document shows.

Higher fiscal deficit: Rating agencies frown at fine-print

Last Updated: Sunday, March 1, 2015, 14:04

"The quality of fiscal deficit measured by the ratio of revenue deficit-to-fiscal deficit under FY15 revised estimate is 70.7 percent while the FY16 budget estimate is 71 percent," it said.

Top NRI industrialists say budget lays road map for growth

Last Updated: Sunday, March 1, 2015, 14:02

Leading NRI industrialists have given a thumbs up to India's 2015-16 Budget, saying it would improve investment climate and laid a clear roadmap for placing the country on a double-digit growth trajectory.

After Budget boost, EV makers want support from states

Last Updated: Sunday, March 1, 2015, 14:00

"Now that the Centre has cleared the roadmap for the growth of electric vehicles in India, SMEV expects states to join in to support this initiative," SMEV Director-Corporate Affairs Sohinder Gill said in a statement.

Budget 2015: BJP hails budget, opposition calls it pro-rich

Last Updated: Sunday, March 1, 2015, 00:51

The NDA government Saturday hailed the Union Budget 2015-16 with Prime Minister Narendra Modi calling it "progressive and practical" while the opposition slammed it for being "pro-rich".

Individuals get more tax benefits; but to pay more on services

Last Updated: Saturday, February 28, 2015, 22:51

Giving with one hand and taking with the other, Finance Minister Arun Jaitley Saturday hiked tax deduction limit for individuals to Rs 4.44 lakh, but slapped an extra surcharge on super-rich and raised service tax rate.