Bank for women mere `tokenism` sans social change: JS Verma

Last Updated: Saturday, March 2, 2013, 16:23

Former CJI JS Verma, who headed a panel that examined laws on crimes against women on Saturday said in the absence of meaningful social change, measures like the proposed special bank for women were merely tokenism.

Pragmatism: Common strand in Chidambaram`s eight budgets

Last Updated: Saturday, March 2, 2013, 13:46

Farmers will now be able to access this credit facility from private banks as well.

Healthy or not so healthy Budget 2013-14?

Last Updated: Saturday, March 2, 2013, 13:29

The Union Budget proposal to integrate rural and urban heath missions has been received well though experts lamented the rather ‘poor’ outlay under the combined scheme.

Sensex continues to fall for fifth week as Budget disappoints

Last Updated: Saturday, March 2, 2013, 10:53

Stock market continued to fall for the fifth week by slipping 398 points to close below 19,000 level after three months due to sustained selling pressure.

Hopeful of better GDP growth in 2013-14 fiscal: Montek

Last Updated: Saturday, March 2, 2013, 10:02

Expressing disappointment at poor third quarter GDP growth, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Friday said he is hopeful of a better show next financial year as the Budget has been made on an estimate of 6.5 percent growth.

Haryana budget draws flack from opposition parties

Last Updated: Friday, March 1, 2013, 23:31

Opposition parties in Haryana on Friday dubbed state budget 2013-14 as "disappointing" and "directionless", accusing the state government of not offering any relief to common man from inflation.

It is a very responsible Budget: Lord Paul

Last Updated: Friday, March 1, 2013, 21:00

"It has to be accepted that the Finance Minister has done a good job to keep confidence of everybody in the Indian economy and also tried to deal with budget deficit and still make efforts to increase growth rate," Paul, Chairman of the Caparo Group, said.

Impose taxes on corruption: Suniel Shetty

Last Updated: Friday, March 1, 2013, 19:28

Reacting to the imposition of 10 percent surcharge by the government on those who earn more than Rs.1 crore a year, actor Suniel Shetty says the government should start imposing tax on corruption.

‘No need to move retrospective amendment till Vodafone issue resolved’

Last Updated: Friday, March 1, 2013, 19:22

On the Vodafone tax issue, Chidambaram categorically stated that the government will provide conciliation. “We want the matter resolved; we’ve asked them if they want it resolved, suggest a way forward. Clarity will only come into play post-Vodafone case settlement.”

Budget 2013 will hit equities; fiscal deficit to be at 5%: Goldman

Last Updated: Friday, March 1, 2013, 19:13

The investment bank, therefore, is not optimistic about the Government's ability to meet fiscal deficit target set at 4.8 percent of GDP for FY14.

Budget proposals will help widen distribution reach: Insurers

Last Updated: Friday, March 1, 2013, 19:00

"Insurance broking is a specialised business and may require banks to develop additional skills. This move by the government will allow insurers to take advantage of the banks' distribution network," Tata AIG General Insurance CFO and Senior Vice-president-Finance Miranjit Mukherjee said.

Budget 2013 will woo more investors into MF sector

Last Updated: Friday, March 1, 2013, 17:35

The mutual fund players have welcomed the Budget proposals to increase the income slab for the Rajiv Gandhi Equity Savings Scheme (RGESS) and allow pension and provident funds to invest in debt schemes, saying these steps will increase the depth of capital markets.