Business
India's record foreign exchange war chest set for Federal rate hike test
India's central bank and finance ministry were seen by markets as unprepared and hesitant in their initial reaction.
China lowers 2015 GDP growth target to 7 per cent, lowest since 1990
The fiscal deficit to GDP ratio was budgeted at 2.1 per cent in 2014.
RBI rate to lower EMI, boost growth: Finance Ministry
"What is going to happen to rate cycle moving forward is going to be driven by data and RBI has signalled this clearly," Minister of State for Finance Jayant Sinha said.
Narendra Modi passes Budget test despite lack of reform dazzle
Stocks, which some investors say are over-valued and risked a 6-8 per cent crash if the budget disappointed, ended up nearly 1 per cent on the NSE market, which opened in a special session during the budget speech.
Over 2 per cent cut in education budget; new IITs, IIMs to be set up
The slash in the education sector as compared to the revised allocation in 2014-15 is 2.02 per cent.
A pro-corporate, anti-poor, disappointing Budget: Opposition
Congress president Sonia Gandhi called Union Budget 2015 a "pro-corporate" one.
Test for reform zeal of Modi government in make-or-break Budget today, tax sops likely
Finance Minister Arun Jaitley will present the first full year Budget of the NDA government on Saturday and is widely expected to push forward the 'Make In India' campaign.
Shah Rukh Khan: Hope this year's budget will benefit Bollywood; attracting people to the industry is very important
Shah Rukh Khan will be next seen in Maneesh Sharma's 'Fan', and Rahul Dholakia's 'Raees'.
Gujarat CM Anandiben Patel welcomes move to hike share in central taxes
"The decision with far-reaching consequences would make progressive states like Gujarat stronger in their march towards progress," Patel said.
Uinon Budget 2015: Fiscal stimulus averaging 1 per cent of GDP will be good, says Edelweiss
Edelweiss expects temporary relaxation on deficits to support growth, government to accrue savings of 0.8 per cent of GDP due to lower oil prices and tax buoyancy and subsidies & boost to renewable energy sectors.
Union Budget 2015: SME wants bigger pie of action
From lowering of tax to easier access to funds - SME has a big list of demands from Union Finance Minister.
New land acquisition law to benefit more farmers: Government
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.
UK Sinha keeps markets guessing on trading on Budget day
"We have received some requests in this regard and we are examining that. Consultations are going on. So, have a little more patience. We will be guided by the precedents and regulation," UK Sinha said.
RBI warns banks against making 'mockery' of its lending operations
India's commercial banks readily borrow from the central bank at the policy rate but then lend that money out at a high rate, in what RBI Governor Raghuram Rajan describes as a culture of "lazy banking."
2015-16 Budget to assume growth of 8-plus per cent: source
The RBI had forecast growth of around 5.5 per cent this year.
Rupee gains 26 paise against dollar in early trade
Forex dealers said besides selling of the American currency by exporters and banks, a higher opening in domestic stock market, supported the rupee.
