Business

The government borrows money from the markets through T-bills and other instruments to fund its fiscal deficit.

The amount of bids received on Friday stood at Rs 1.05 lakh crore while it was Rs 1.09 lakh crore on Thursday.

US benchmark West Texas Intermediate (WTI) for April delivery fell 61 cents to $47.56 per barrel.

The rupee fell by six paise to a fresh two-month low of 62.82 against the US dollar in early trade on Wednesday.

For senior citizens in this income bracket, savings would be little lower at Rs 21,630.

The Budget was short on structural reforms and contained revenue targets some called unrealistic.

Jaitley listed Jan Dhan Yojana, Swachh Bharat and transparent auction of coal blocks as the three major achievements of the NDA government.

Sources say the government plans to largely maintain the current regime.

The rupee weakened by 10 paise to 61.85 against the US dollar in early trade at the Interbank Foreign Exchange.

Currently there are 676 projects worth Rs 1,57,883 crore sanctioned and out of these, only 317 projects could be completed.

For 10 years before 2012-13 there was no increase in rail fares.

A credible fiscal consolidation strategy over the medium-term is highly anticipated and required from the Budget, says Religare.

Union budget is the biggest opportunity for the Government to showcase its vision for the economy and industries. Life insurance industry can help channelise small savings into long term investments required for economic growth. Government should offer ta...

The report said that higher tax devolution will allow states greater autonomy in financing and designing of schemes.

Government on Monday sought to allay apprehensions on the Land Acquisition ordinance saying even farmers whose land was acquired for critical projects like atomic energy, petroleum and highways will also get compensation.

The I-T department, currently, is working on to probe about 240 HSBC cases where it is suspected that Indians have stashed their illicit funds abroad.