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Common man, don’t worry: Budget promises ‘Ease of Leaving’

The budget promises to make it easier for the common man too – easier to leave, though it is not clear leave what. “Now, our Governme

Up next: Artificial intelligence for governance

 The allocation on Digital India program has been doubled to Rs 3073 crore in 2018-19, with a part of this fund likely to b spent on research and development in cyber physical systems, robotics and artificial intelligence.  &ld

NTPC to render e-mobility solutions to Jabalpur

India’s largest power generator, NTPC has signed a tripartite agreement with Jabalpur Smart City Limited and Jabalpur City Transport Services Limited to help Jabalpur creating the e-mobility infrastructure. NTPC general manage

Budget aims to strengthen rural economy

 A significant portion of the budget pie on Thursday went to the farm sector. Union minister Arun Jaitley, who presented the union budget 2018-19, said the effort was to particularly strengthen agriculture and rural economy and the

Gandhi sesquicentennial: Govt announces celebration plans

2019 will mark the 150th birth anniversary of Mahatma Gandhi, and finance minister Arun Jaitley in his budget speech has announced that the government plans to celebrate the occasion. "Our country will commemorate 150th birth a

Budget speech goes heavy on two pillars of governance: health and education

Ahead of general elections next year, the government has rightly decided to focus on two crucial pillars of development, namely, health and education. Finance minister Arun Jaitley’s budget speech dwelled on the two at length.

Heartbreaking stories of backbreaking medical bills

Gopendra Singh Parmar broke into tears several times while speaking of the last days of his eight-year-old son, Sourya, who died of dengue at the paediatric intensive care unit (ICU) of the Dr Ram Manohar Lohia Hospital, Delhi, on November 22. He

NHRC notice to Punjab over serious diseases in Malwa

The National Human Rights Commission (NHRC) has issued notices to the chief secretary of Punjab and the secretary of union ministry of health for a detailed report within six weeks on the situation in Malwa region where excessive use of pesticides

India loses 4% of GDP to malnutrition, say experts ahead of budget

Nearly 4 percent of India’s GDP is estimated to have been lost due to malnutrition and certainly women and children deserve a better deal in expenditure outlay, since the country hosts 50 percent of undernourished children of the world and w

IOCL Q3 profit nearly doubles to Rs 7,883 cr

Indian Oil Corporation has posted close to two-fold jump in net profit of third quarter of the current fiscal. It clocked a profit of Rs 7,883 crore in Q3 of this fiscal, compared to Rs 3,995 crore registered in Q3 of the last fiscal. &n

IOCL launches Octamax unit at Mathura refinery

Indian Oil Corporation has successfully commissioned Octamax Unit at its Mathura refinery by using state-of-the-art refining technologies developed by its own R&D centre.   IOCL’s modern technology converts C-4

Budget 2018: Railways expect more funds for safety

Ahead of the union budget 2018-19, Indian railways is hoping to get adequate funds to strengthen safety and introduce modern signaling system for its gigantic rail network of over 65,000 kms.    The government had m

Rs 171.15 crore was revenue in India’s first budget

India’s first budget was presented by RK Shanmukham Chetty, minister of finance, on November 26, 1947.   Here are the key highlights of the budget for the year 1947-48:  

Here’s why Puducherry doesn’t want DBT for foodgrain

Puducherry wants to go back to the system of distributing subsidised foodgrain and doesn’t want the subsidy to be credited to the bank accounts of the beneficiaries as part of Direct Benefit Transfer.   The union t

10 things people expect from budget 2018

When finance minister Arun Jaitley rises to present the union budget 2018 in parliament on Thursday, most Indians will be hoping that he leaves them with more money in their pockets.   Here are 10 expectations from this

Indian stock market is different, says Economic Survey

Over the past two fiscal years, the Indian stock market has soared, outperforming many other major markets. Since end-December 2015, the S&P index has surged 45 percent, while the Sensex has surged 46 percent in rupee terms and 52 percent in d

Ten new facts on Indian economy, according to Economic Survey

Did you know that there has been a large increase in registered taxpayers, exports of readymade garments is on a high and the Indian society exhibits a strong son ‘meta’ preference? The Economic Survey 2017-18 has listed these and many

GST: 50 percent increase in indirect taxpayers

A preliminary analysis of the Goods and Services Tax (GST) data reveals that there has been a 50 percent increase in the number of indirect taxpayers, besides a large increase in voluntary registrations, especially by small enterprises that buy fr

Real GDP growth to reach 6.75 percent this fiscal

A series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19, said the Economic Survey 2017-18 that was tabled in parliament on Monday by union

Key recommendations for Budget 2018 for better healthcare

In India public sector accounts for only 30 percent of the total healthcare expenditure and investment in building and maintaining public health infrastructure needs priority in the upcoming budget, according to a report by rating agency ICRA. Wit

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