Planning Commission advises states to maintain fiscal discipline

Last Updated: Thursday, October 3, 2013, 19:33

There has been no discussion so far on cutting Plan expenditure, the Planning Commission said on Thursday even as it asked states to maintain fiscal discipline.

Slowing economy may force Chidambaram to wield budget knife

Last Updated: Thursday, October 3, 2013, 14:38

Chidambaram, who last year oversaw cuts worth over 1 trillion rupees, is aiming to prevent the budget for the fiscal year to March 2014 from stretching beyond a deficit target of 4.8 percent of GDP.

Many will slash festive budget by 40% this Diwali: Survey

Last Updated: Wednesday, October 2, 2013, 20:19

However, the high income group remains unaffected from the rupee fall and double digit food inflation, the survey said.

Govt plans cut in non-plan spending; fiscal gap to be met: FM

Last Updated: Wednesday, October 2, 2013, 13:15

Chidambaram also exuded confidence that the second quarter growth readings should be better than the previous three-month period when the economy clipped at a poor 4.4 percent.

Govt announces austerity measures; to cut non-plan expenditure by 10%: FinMin

Last Updated: Wednesday, September 18, 2013, 19:30

The Finance Ministry on Wednesday announced a small-bore austerity measures to boost the economy without hampering the operational efficiency of the government which included a cut in non-plan expenditure by 10 percent.

Bangladesh procures defence hardware worth USD 2 billion in recent years

Last Updated: Saturday, August 24, 2013, 15:41

Bangladesh has procured defence hardware worth Taka 15,000 crore (USD 2 billion) in the past four-and-half years as part of its initiatives to modernise its armed forces, according to a media report.

`Substance abuser` Amanda Bynes has spent $1.4m in just months, says parents

Last Updated: Saturday, July 27, 2013, 13:52

Amanda Bynes` parents have claimed that the troubled star is a substance abuser, who has spent 1.4 million dollars in a matter of just few months and travelled by taxi from New York to Los Angeles.

10 Commandments To Manage Your Money

Last Updated: Tuesday, July 16, 2013, 11:48

Financial advisor Gaurav Mashruwala offers advice on growing a money tree

I-T notice to Munde on poll expenditure remark

Last Updated: Wednesday, July 3, 2013, 16:01

In more trouble for senior BJP leader Gopinath Munde, facing an Election Commission`s show cause notice for his poll spending remark, the Income Tax department has issued a notice seeking his explanation within a week.

Gopinath Munde`s Rs 8 cr poll expenditure remark under EC scanner

Last Updated: Friday, June 28, 2013, 20:13

The remarks of senior BJP leader Gopinath Munde that he had spent around Rs 8 crore in the last Lok Sabha elections, which is much above the prescribed limit, came under the Election Commission`s scanner.

President calls for increasing expenditure on research

Last Updated: Saturday, May 11, 2013, 18:57

India spends only 0.9 percent of its GDP on research and development, which is much below China, Britain and Israel, and needs to step up expenditure on this front, President Pranab Mukherjee said Saturday.

'Investment recovery underway, capex may grow by 8% in FY14'

Last Updated: Thursday, May 9, 2013, 23:41

Financial services major Credit Suisse on Thursday said there are encouraging signs of recovery in the investment front, with an expected 8 percent growth in capital expenditure in the current fiscal.