Iron ore supply growth woul be primarily driven by India, Brazil where major miner Vale is set to expand output with its new mine
This projection has been made in the Union Budget for 2017-18 presented last week by FM
The budget allocation for the health sector as a share of the GDP is less than one per cent
Experts are of the view that a calendar year, January-December, would be in line with the global markets and regulatory agencies
Bill retains excise duty on gold jewellery, expands tax benefit for start-ups
A closer look at budgetary numbers highlights why Indian budgets need to be more transparent
Retirees have better options that offer liquidity, better returns and are more tax-efficient
The Bharatiya Janta Party-led government at the Centre is pulling out all the stops to popularise its 2016-17 Budget, which it has termed "Vikas ka Budget". Almost all government websites and portals are carrying a link to the major announcements made in the Budget. In fact, the government has chosen people from various sections of society to explain the Budget proposals. However, it seems the choices were made keeping caste and religious equations in mind. So among those selected for the exercise are52-year-old farmer Khem Lal Khuswaha,32-year-old entrepreneur Atwan Ansari,23-year-old student Sushmita Saikia,62-year-old housewife Deepa Nadar and18-year-old labourer Mohan Patel.
Total Budget outgo is pegged at Rs 94,053 cr, inclusive of a total annual Plan outlay of Rs 50,000 cr
Sinha says government has done a 'good job' in managing inflation
In the Indian context, it is the gross primary deficit rather than the fiscal deficit that should be more in focus
It is a good occasion to look a little more closely at the implications of Jaitley's proposals in light of various reactions to them and the govt response
The Budget does not convince after reading between the lines
Says preparing for GST; FinMin says no logical case for a rollback, even as traders continue stir
The survey was conducted by Feedback Consulting, a research-based consultancy, among its 35-odd clients
One shortcoming is that there is little attempt to incentivise states to invest more in agriculture. Much of the growth in agriculture between 2004-05 and 2011-12 was due to increased investment by the states
The address comes in the backdrop of the govt's announcement of meeting the current year's fiscal deficit target and sticking to the target of 3.5%
Finance ministers have little leeway for introducing change until the share of taxes in GDP grows
Against a challenging background, Finance Minister Arun Jaitley has, very sensibly, stuck to the basics
Allocates Rs 1.06 lakh crore more for defence and civilian govt employees' pay, allowances and pension from the revised estimates for 2015-16