Search Results for: economy

essar-french-cruise-controversy-gadkari-denies-travelling-on-essars-money

Essar French cruise controversy: Gadkari denies travelling on Essar's money

Mumbai, Feb 27 (ANI): Road Transport and Highways Minister Nitin Gadkari on Friday admitted that he had taken a chopper ride from French city Nice to Riviera waterfront for the yacht cruise during a trip he had made in 2013. He added that he was not a minister, MP or MLA during that time and that he had paid from the entire trip from his "family account". Gadkari was at the was at the centre of a controversy over reports that he and his family had spent two nights on a luxury yacht owned by Essar group in the waters of French Riviera in July, 2013 on which a PIL was filed in the Supreme Court. Feb 27, 2015
people-expect-cheaper-food-tax-reforms-from-annual-budget

People expect cheaper food, tax reforms from annual budget

Panaji/Dharamsala, Feb 28 (ANI): Indian citizens hope food and healthcare will be cheaper and tax reforms will be made in the annual budget 2015-16 to be released on Saturday. Finance Minister Arun Jaitley will present his first full-year budget, seeking to put Asia's third-largest economy on a path of 7-8 percent growth over the next two years. The 2015-16 budget is billed as a "make-or-break" event for Prime Minister Narendra Modi's eight-month-old government. The 2015/16 budget is expected to give a big push to Modi's 'Make in India' campaign, with tax breaks and other incentives for several sectors. Jaitley has promised to implement a nationwide Goods and Services Tax (GST) from April 1, 2016. He introduced a bill in Parliament in December to rationalise state and central indirect taxes into a harmonised sales tax. Meanwhile in Goa, many wished that the state had something more to offer than beaches and casinos. Feb 27, 2015

Economic Survey says GDP growth to top 8% in FY16; politicos react

New Delhi, Feb 27 (ANI): The Economic Survey, tabled in Parliament today expects the economy to grow by over 8 per cent under a new calculation method that makes India the world's top-growing big economy. India has reached an economic sweet spot, which should allow for some big bang economic reforms, the Economic survey report said. Meanwhile, politicos from rival parties said that the statistics are manipulative as the base year was changed. Feb 27, 2015
politicos-react-as-jaitley-to-present-economic-survey-2014-15-in-parliament-today

Politicos react as Jaitley to present Economic Survey 2014-15 in Parliament today

New Delhi, Feb 27 (ANI): Politicos reacted on Friday as Union Finance Minister Arun Jaitley is likely to present the Economic Survey 2014-2015 in the Parliament this afternoon. NCP leader Tariq Anwar said that he will see how the government keeps the financial context of the country. SP leader Naresh Agarwal alleged that number game is played in the economic survey. The survey reviews the developments in the Indian economy over the past year. It highlights the performance on major development programmes and policy initiatives of the government, say reports. The survey also points out the prospects of the economy in the short to medium term and is presented to both Houses of Parliament. Feb 27, 2015
economic-risks-lie-in-chinas-great-firewall

Economic risks lie in China's 'Great Firewall'

The Great Firewall of China just got harder to breach. And now the risk is it's keeping out much-needed investment in research and development. That's according to the latest survey by the EU Feb 27, 2015
finance-minister-jaitley-to-present-economic-survey-2014-2015-in-parliament

Finance Minister Jaitley to present Economic Survey 2014-2015 in Parliament

New Delhi, Feb 27 (ANI): Finance Minister Arun Jaitley is all set to present the Economic Survey 2014-2015 in the Parliament on Frriday. The documents of the economic survey has already reached the Parliament and is being inspected and checked by the security officials along with sniffer dogs. The survey reviews the developments in the Indian economy over the past year. It highlights the performance on major development programmes and policy initiatives of the government, say reports. The survey also points out the prospects of the economy in the short to medium term and is presented to both Houses of Parliament. Meanwhile, investors have maintained cautious stance ahead of the Economic Survey even as sensex gains over 150 points. Feb 27, 2015
ukraine-economy-on-the-brink

Ukraine economy 'on the brink'

Ukrainian troops on the move - this time away from the front line. Their withdrawal revives hopes for a ceasefire in the east of the country. But elsewhere, another battle is raging - against Feb 27, 2015
ukraine-economy-on-the-brink

Ukraine economy 'on the brink'

Ukrainian troops on the move - this time away from the front line. Their withdrawal revives hopes for a ceasefire in the east of the country. But elsewhere, another battle is raging - against Feb 26, 2015
jaitley-defends-clauses-of-proposed-land-bill-asks-opposition-not-to-make-industry-a-bad-word-1

Jaitley defends clauses of proposed land bill, asks opposition not to make Industry 'a Bad Word' 1

New Delhi, Feb 26 (ANI): Union Finance Minister Arun Jaitley on Thursday came out in strong defence of the government's proposed land reforms, in the Rajya Sabha. Chiding the opposition Jaitley asked them not to create an atmosphere where 'industry' and 'infrastructure' become bad words. He also added that parties like the Congress have erred greatly in hawking the government's plans as "anti-farmer". Feb 26, 2015
the-original-rogue-trader-20-years-on

The original rogue trader: 20 years on

He is the original rogue trader. The man who single-handedly brought down Britain's oldest bank. Nick Leeson's losses at Barings totalled a staggering 1.4 billion dollars. But 20 years on, he says Feb 26, 2015
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