indian budget

Corporate America seeks reforms, says budget not game-changing


March 17th, 2012 - 9:21 am ICT by IANS
Washington, March 17 (IANS) Calling the Indian budget "measured but without game-changing reforms", a US-India trade group has expressed the hope that the government would deliver on foreign investor ... Read more...

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Corporate America seeks a bold India budget


March 14th, 2012 - 12:34 pm ICT by IANS
Washington, March 14 (IANS) Presenting corporate America's wish list for the Indian budget, a leading US-India trade association wants India to press forward with bold economic reforms to make it ... Read more...

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SpiceJet bomb scare creates chaos in Kathmandu


September 25th, 2011 - 5:02 pm ICT by IANS
Kathmandu, Sep 25 (IANS) Close on the heels of all 19 people on board a domestic flight in Nepal perishing in a plane crash, Indian budget airline SpiceJet's Delhi flight ... Read more...

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SpiceJet to add new destinations, aircraft


March 15th, 2011 - 4:53 pm ICT by IANS
New Delhi, March 15 (IANS) Leading Indian budget carrier SpiceJet Tuesday said it will expand its domestic and international networks in the coming summer schedule by adding new destinations and ... Read more...

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Reformist Indian budget has a bit for all - households to corporates (Roundup)


February 28th, 2011 - 5:21 pm ICT by IANS
By Arvind Padmanabhan New Delhi, Feb 28 (IANS) India's Rs.12.58 lakh crore (Rs.12.58 trillion or $280 billion) federal budget for 2011-12 Monday sought to address the want of every constituency with tax ... Read more...

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Airbus Lands Record $16B Order With IndiGo


January 12th, 2011 - 11:43 pm ICT by Angela Kaye Mason
Jan 12 (THAINDIAN NEWS) On Tuesday a record jet order was revealed by Airbus in what they called the largest such order in the history of commercial aviation. The 15.6 billion dollar ... Read more...

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Airbus Attains Record Order From IndiGo Worth Nearly $16 Billion


January 12th, 2011 - 8:59 pm ICT by Pen Men At Work
January 12, 2011 (Pen Men at Work): The Indian budget carrier, IndiGo, has consented to acquire 180 Airbus aircrafts led by the primary order for the advanced ‘A320neo.’ This order, as per ... Read more...

Posted in Business |

Arithmetic of Indo-US deals: $10 bn or $15 bn?


November 8th, 2010 - 9:10 pm ICT by IANS
New Delhi, Nov 8 (IANS) The mega commercial deals between Indian and US companies that were announced during US President Barack Obama's visit here have raised one question: Are they worth ... Read more...

Posted in Business |

Nepal hikes duty to stop gold rush to India


March 15th, 2010 - 4:27 pm ICT by IANS
Kathmandu, March 15 (IANS) Gold becomes dearer in Nepal from this week to prevent rampant smuggling to India after the Indian government hiked duty on the yellow metal. Heeding the urging by gold ... Read more...

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India heads in the wrong direction with new budget: US expert


July 14th, 2009 - 12:33 pm ICT by IANS
By Arun Kumar Washington, July 14 (IANS) A US South Asia expert suggests that the Indian budget would perhaps limit the country's ascension to a global economic force and could limit the value ... Read more...

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Youngistan welcomes ‘aam aadmi’ focus of Indian budget (Lead)


July 6th, 2009 - 8:58 pm ICT by IANS
New Delhi/Bangalore, July 6 (IANS) Students and young professionals Monday hailed Finance Minister Pranab Mukherjee's 'aam admi' focus of the union budget with many rejoicing over tax sops and interest subsidy ... Read more...

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Indian budget to be passed by July 31


May 23rd, 2009 - 8:49 pm ICT by ANI
New Delhi, 23 May (ANI): In the very first meeting of the Union Cabinet here today it was decided to get the budget for 2009-10 approved by Parliament by July 31."We ... Read more...

Posted in National |

Switzerland also wants to woo Indian budget traveller


April 17th, 2009 - 9:30 pm ICT by IANS
New Delhi, April 17 (IANS) Switzerland sees no let up in the inflow of Indian tourists to the European country and hopes to attract even budget tourists in the coming season with ... Read more...

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Sri Lanka emerges alternative hub for aircraft maintenance (With Images)


February 18th, 2009 - 3:25 pm ICT by IANS
Colombo/New Delhi, Feb 18 (IANS) A Sri Lankan aircraft maintenance firm has bagged the contract to conduct sophisticated checks on aircraft of Indian budget carrier IndiGo in what experts believe could trigger ... Read more...

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Budget sidelined NRIs, but still something to cheer about


March 13th, 2008 - 11:34 am ICT by admin
(Commentary) By Kul Bhushan Have NRIs been sidelined in the latest Indian budget? Since the government is all out to get votes for the general election next year, special concessions for NRIs were perhaps ... Read more...

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Farmers welfare is UPAs top priority: Manmohan Singh (Update)


March 9th, 2008 - 7:42 pm ICT by admin
New Delhi, Mar 9 (ANI): Addressing a huge farmers rally here today, Prime Minister Manmohan Singh said the Congress-led United Progressive Alliance (UPA) Government has given top priority for the welfare of ... Read more...

Posted in National |

Sonia Gandhi terms debt waiver package to farmers a historic step


March 9th, 2008 - 5:52 pm ICT by admin
New Delhi, Mar 9 (ANI): The United Progressive Alliance (UPA) chairperson and the Congress party chief, Sonia Gandhi on Sunday termed the UPA Governments debt waiver package to the farmers as a ... Read more...

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Loan waiver not on government’s balance sheet: tax expert


March 7th, 2008 - 6:22 pm ICT by admin
By Dipankar De Sarkar London, March 7 (IANS) A top tax consultant from India told a meeting of British investors here that the Rs.600 billion farm loan waiver announced by the government in ... Read more...

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More Highlights of Indian budget (15):


February 29th, 2008 - 3:04 pm ICT by admin
Tax-GDP ratio rises to 12.5 percent Tax exemption raised from Rs.110,000 to Rs.150,000Sixth central pay commission to submit report by MarchGeneral central value-added tax rate slashed to 14 percent from 16 ... Read more...

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More Highlights of Indian budget (14):


February 29th, 2008 - 2:30 pm ICT by admin
No income tax on annual earnings of Rs.150,000 Rs.4,000 minimum relief for all tax assesees10 percent tax on income between Rs.150,000 to Rs.300,00020 percent tax on income between Rs.300,000 to Rs.500,00030 ... Read more...

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More Highlights of Indian budget (13):


February 29th, 2008 - 2:19 pm ICT by admin
Rs.80 billion for accelerated power development programmes PAN requirement extended to all securities transactionsRs.129.66 billion for National Highway development programme100,000 broadband-enabled common service centres to be set up in villagesRashtriya Krishi Vikas ... Read more...

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More Highlights of Indian budget (12):


February 29th, 2008 - 2:04 pm ICT by admin
Food subsidies at Rs.326.67 billion Defence spending to rise 10 percentPAN requirement for all financial markets Read more...

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February 29th, 2008 - 1:56 pm ICT by admin
Banks to open 250 rural household accounts every year in rural branches Banks to give loans to self-help groups for income-generating activities, social needs and debt swappingNational Bank for Agriculture and Rural ... Read more...

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February 29th, 2008 - 1:56 pm ICT by admin
Foreign Exchange Derivatives Market to be set up Coal regulator to be set upTextile upgrading funding to get Rs.10.9 billionNational highways to get Rs.129.7 billionRs.440 million to improve infrastructure at 22 Sainik ... Read more...

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February 29th, 2008 - 1:48 pm ICT by admin
Additional 10,000 MW power generation by March 2009 To create national fund for power transmission and distributionForeign direct investment in April-Dec 200 at $12.7 billion Read more...

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More Highlights of Indian budget (6):


February 29th, 2008 - 1:39 pm ICT by admin
Complete loan waivers for farms up to 2 hectares Weather based crop insurance scheme to continueRs.400 million for special tea fundRs.200 billion for irrigation Read more...

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More Highlights of Indian budget (7):


February 29th, 2008 - 1:38 pm ICT by admin
Total plan spending will be Rs.2.4 trillion Farm credit target at Rs.2.8 trillionHealth spending to rise 15 percent Read more...

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More Highlights of Indian budget (8):


February 29th, 2008 - 1:38 pm ICT by admin
Loan waiver to benefit 40 million farmers Farm debt waiver scheme to cost Rs.600 billionFarm debt scheme to be completed by June 30 Read more...

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February 29th, 2008 - 1:22 pm ICT by admin
National health insurance for poor introduced Northeast development to get Rs.14.55 billionScheduled Castes, Scheduled Tribes, minorities get special allocationsRs.5.5 billion for minority dominated districtsHIV/AIDS prevention to get Rs.9.93 billion Read more...

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February 29th, 2008 - 1:13 pm ICT by admin
Government to raise additional resources worth Rs.100 billion National Rural Employment Guarantee Scheme (NREGS) extended to all 596 rural districtsNREGS to get Rs.160 billion, more money will be provided on needJawaharlal Nehru ... Read more...

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February 29th, 2008 - 1:06 pm ICT by admin
Farm growth disappointing at 2.6 percent Gross budgetary support rises to Rs.380 billionEducation gets 20 percent more to Rs.344 billion from Rs.286.8 billionRural infrastructure scheme Bharat Nirman to get Rs.312.8 billion ... Read more...

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February 29th, 2008 - 1:05 pm ICT by admin
Midday meal scheme for schoolchildren to get Rs.80 billion School enrolment scheme Sarva Shiksha Abhiyan to get Rs.131 billionGovernment and Reserve Bank of India to manage capital inflow16 new central universities3 ... Read more...

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Indian equities rise third straight day


February 27th, 2008 - 7:23 pm ICT by admin
(Roundup)Mumbai, Feb 27 (IANS) The benchmark stock market index Wednesday maintained its rise for the third consecutive day but posted only marginal gains over apprehensions of what the Indian budget, to ... Read more...

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