Budget

Budget's transparency on numbers will enthuse rating agencies: SBI economists

People with disabilities neglected in Budget: Disability rights NGOs

10:15 pm February 1, 2021

New Delhi: Some disability rights NGOs have expressed disappointment over differently-abled people being allegedly ”neglected” in the 2021-22 Budget unveiled on Monday. Other than exempting senior citizens above 75 from filing ITR and easier dividend payout, the Budget has no specific mention of inclusion and schemes for persons with disabilities, they alleged. Arman Ali, the executive director of the National Centre […]

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Sarbananda Sonowal takes charge as AYUSH minister

Pragmatic, people-friendly budget, says Assam CM

10:09 pm February 1, 2021

Guwahati: Welcoming the Union Budget 2021-22, Assam Chief Minister Sarbananda Sonowal on Monday described it as ”pragmatic, people-friendly and development-oriented”. He thanked Prime Minister Narendra Modi and the Union Finance Minister Nirmala Sitharaman for making ”huge”allocations for improvement of road infrastructure and welfare of tea garden workers of the state. The chief minister said that […]

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After petrol, CNG price up in Delhi, adjoining cities

No cut in excise duty on petrol, diesel; tweak in rates to accommodate agri cess

8:22 pm February 1, 2021

New Delhi: Petrol and diesel prices will not be cut as Finance Minister Nirmala Sitharaman ignored calls for a reduction in excise duty rates to help bring down prices from historic high levels. Instead, her Budget for the 2021-22 fiscal tweaked excise duty structure to accommodate an agriculture infrastructure development cess, whose accruals would not be shared […]

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Budget's transparency on numbers will enthuse rating agencies: SBI economists

Budget turns paperless; FM reads out speech from tablet for first time

8:09 pm February 1, 2021

New Delhi: From Finance Minister Nirmala Sitharaman reading out her 110-minute speech from a tablet to seating arrangements in tune with pandemic times, there were quite a few firsts during the presentation of the 2021-22 Union Budget in the Lok Sabha on Monday. Also, for the first time, the Budget went paperless and members were provided soft copies of the speech and documents. Clad in […]

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Sensex zooms over 1,700 pts after Budget 2021; Nifty reclaims 14K

2:19 pm February 1, 2021

Mumbai: The BSE benchmark Sensex zoomed over 1,700 points and the NSE Nifty reclaimed the 14,000-level driven by gains in financial stocks on Monday after Finance Minister Nirmala Sitharaman presented the Union Budget, which anlaysts believe is a ”growth-oriented” effort. After touching an intra-day high of 48,004.71, the 30-share Sensex was trading 1,660.99 points or 3.59 per cent higher at 47,946.76; and the broader Nifty surged 462.15 points […]

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