Feb 28, 2015, at 04:43 pm
Kolkata, Feb 28 (IBNS) JIS Group MD Taranjit Singh has said that the State Budget presented by West Bengal Finance Minister Amit Mitra on Friday will encourage middle, lower middle class and even the business houses in the east Indian state.
Sensex climbs 230 points ahead of Budget
Feb 28, 2015, at 04:18 pm
Mumbai, Feb 28 (IBNS): As India gears up to witness Union Finance Minister Arun Jailtey presenting his General Budget, the BSE Sensex is up by 200 points on Saturday.
FM Arun Jaitley to present his budget today
Feb 28, 2015, at 02:28 pm
New Delhi, Feb 28 (IBNS) Union Finance Minister Arun Jaitley is all set to present the Budget on Saturday.
South Africa hosts international ITI
Feb 28, 2015, at 05:21 am
Kolkata, Feb 27 (IBNS): South Africa hosted the sixth International Trade and Investment Initiative (ITI) in Kolkata's Oberoi Grand hotel on Thursday.
Uphold child rights for the 'Right' future
Feb 28, 2015, at 05:01 am
With just a couple of days for the first union budget of the government, the expectations remain high. It is time for the government to seriously consider child rights indicators and duly prioritize entitlements for children, especially those belonging to the most marginalized groups.
Feb 28, 2015, at 04:46 am
Kolkata, Feb 27 (IBNS): Director General of Indian Chamber of Commerce Rajeev Singh on Friday commended West Bengal State Finance Minister Amit Mitra for presenting a "very positive and forward looking budget" for the State in the coming year.
Tata Motors announces initiatives for enhancing competitiveness
Feb 28, 2015, at 04:24 am
Mumbai, Feb 27 (IBNS): In continuation of its steps to respond to an increasingly competitive business environment and macro-economic pressures that have resulted in depressed growth of the commercial vehicle and passenger car businesses in India, Tata Motors on Friday announced new initiatives designed to enhance the company's competitiveness.
Infrastructure growth leads to economic recovery: Economic Survey
Feb 27, 2015, at 07:57 pm
New Delhi, Feb 27 (IBNS): The Index of Industrial Production (IIP) suggests that industrial sector is recovering slowly with a 2.1 per cent in April - December 2014-15 over the 0.1 per cent in the same period last year.
Government remains committed to fiscal consolidation; Economic Survey
Feb 27, 2015, at 07:56 pm
New Delhi, Feb 27 (IBNS): The Government remains committed to fiscal consolidation. The Economic Survey 2014-15 presented in Parliament Friday states that the deficit target of 4.1% as envisaged in the Budget 2014-15 will be met.
India's National Solar Mission scaled up five fold: Economic Survey
Feb 27, 2015, at 07:55 pm
New Delhi, Feb 27 (IBNS): The Economic Survey 2014-15 presented in the Parliament Friday says that India has made considerable progress in tackling climate change issues.
India needs to create additional Fiscal Space: Economic Survey 2014 - 15
Feb 27, 2015, at 07:54 pm
New Delhi, Feb 27 (IBNS): India needs to create additional fiscal space in order to ensure macro stability and to create buffers for future economic downturns, says the Economic Survey, tabled in Parliament by the Union Finance Minister, Arun Jaitley here Friday.
Create National Common Market in Agricultural Commodities: Economic Survey
Feb 27, 2015, at 07:53 pm
New Delhi, Feb 27 (IBNS): The Economic Survey 2014-15 tabled in Parliament emphasizes on the need for a national common agricultural market and identifies un-integrated and distortion ridden agricultural market as the one of the most striking problems in agriculture growth.
Revive public investment to improve investment climate: Economic Survey 2014-15
Feb 27, 2015, at 07:53 pm
New Delhi, Feb 27 (IBNS):To improve the investment climate and reduce the backlog of stalled projects, Economic Survey 2014 – 15, tabled by the Union Finance Minister Arun Jaitley in the Parliament Friday, argues for a three-pronged strategy:
Liquidity conditions balanced: Economic Survey
Feb 27, 2015, at 07:52 pm
New Delhi, Feb 27 (IBNS): Economic Survey 2014- 15 tabled in Parliament on Friday states that liquidity conditions (money supply) have remained broadly balanced during 2014-2015 except for some temporary tight conditions due to delayed government expenditure.
Feb 27, 2015, at 07:51 pm
New Delhi, Feb 27 (IBNS):The Economic Survey 2014-15 has acknowledged that the Food Subsidy Bill has increased substantially in the past few years putting a severe strain on the public exchequer.
Improvement in Female Literacy in India, says Economic Survey
Feb 27, 2015, at 07:50 pm
New Delhi, Feb 27 (IBNS):There has been a marked improvement in female literacy as per Census 2011, according to the Economic Survey 2014-15 presented in Parliament on Friday.
Double-Digit Economic Growth Trajectory now a possibility: Economic Survey
Feb 27, 2015, at 07:50 pm
New Delhi, Feb 27 (IBNS) Indian Economy is looking up with brighter prospects amongst the world’s major economies, said the Economic Survey 2014-15 presented by Union Finance Minister Arun Jaitley to the Parliament Friday indicating that a clear political mandate for reform and a benign external environment now is expected to propel India on to a double digit trajectory.
From Carbon Subsidy to Carbon Tax: India's Green Actions
Feb 27, 2015, at 07:49 pm
New Delhi, Feb 27 (IBNS) :Economic Survey 2014-15 tabled in Parliament acknowledges the green actions taken by India, including imposing significantly higher taxation of petroleum products and thereby re-energizing the renewable energy sector. India shifted from a carbon subsidization regime to one of significant carbon taxation regime, from a negative price to an implicit positive price on carbon emissions.
Economic Survey emphasizes need to improve agricultural productivity
Feb 27, 2015, at 07:42 pm
New Delhi, Feb 27 (IBNS): The Economic Survey 2014-15 states that as per the 2nd Advance Estimates, total Foodgrains production in the country is estimated at 257.07 million tonnes during 2014-15.
Measures to control food inflation, decline in crude prices result in declining trend in inflation
Feb 27, 2015, at 07:41 pm
New Delhi, Feb 27 (IBNS): The year 2014-15 (April-December) witnessed a substantial decline in inflation.
Economic Survey calls for 'Make in India' and 'Skilling India' balance
Feb 27, 2015, at 07:11 pm
New Delhi, Feb 27 (IBNS) The Economic Survey 2014-15 tabled in Parliament discusses the "Make in India" as the flagship initiative and a key policy objective of the new government.
Economic Survey projects over 8 pc GDP growth in 2015-16
Feb 27, 2015, at 06:36 pm
New Delhi, Feb 27 (IBNS) The Economic Survey 2014-15 tabled in Parliament on Friday ahead of the General Budget said the GDP growth at constant market prices is expected to accelerate to between 8.1 and 8.5 percent in 2015-16, indicating that it is time for big bang reforms.
Balmer Lawrie signs MOU with CGDA for air travel
Feb 27, 2015, at 04:08 am
New Delhi, Feb 26 (IBNS): A Memorandum of Understanding was signed between the Controller General of Defence Accounts (CGDA) and Balmer Lawrie & Co. Ltd. for the development and implementation of an air travel module in the Defence Travel System.
Feb 27, 2015, at 02:23 am
Mumbai, Feb 26 (IBNS) The Indian market has dropped and ended on a negative note on Thursday.
Feb 27, 2015, at 12:38 am
New Delhi, Feb 26 (IBNS) National Stock Exchange (NSE), India’s leading stock exchange, intends to establish an International Exchange in GIFT SEZ area, a multi-services Special Economic Zone (SEZ) being developed as India’s first International Financial Services Centre (IFSC) by GIFT SEZ Ltd. a wholly owned subsidiary of Gujarat International Finance Tec-City Company Ltd (GIFTCL) known as GIFT City.
Railway's five-point execution strategy
Feb 26, 2015, at 09:31 pm
New Delhi, Feb 26(IBNS) Railway Minister Suresh Prabhakar Prabhu has said the goals of transforming Indian Railways will be achieved with a five point execution strategy.
Cabinet approves establishment of NDB, CRA
Feb 26, 2015, at 06:11 am
New Delhi, Feb 25 (IBNS) Union Cabinet, chaired by the Prime Minister, Narendra Modi, on Wednesday gave its approval for establishing the New Development Bank (NDB) and the BRICS Contingent Reserve Arrangement (CRA).
Cabinet passes creation of two additional benches of the Authority for Advance Rulings
Feb 26, 2015, at 06:10 am
New Delhi, Feb 25 (IBNS) Union Cabinet, which was chaired by Prime Minister Narendra Modi, on Wednesday gave its approval to the creation of two additional benches of the Authority for Advance Rulings (Income Tax), one in New Delhi and one new bench in Mumbai;
FIAT Chrysler Automobiles India organizes free national check-up camp
Feb 26, 2015, at 04:26 am
New Delhi, Feb 25 (IBNS): FIAT Group Automobiles India Pvt. Ltd (FGAIPL) will organize free mega check up camp at its exclusive dealerships for 3 days from Feb 26 to 28.
FedEx earns 12 spot on Fortune World's Most Admired Companies List
Feb 26, 2015, at 04:09 am
Mumbai, Feb 25 (IBNS): FedEx Corp. is once again among the most admired companies in the world, according to a survey published in Fortune magazine.