India Budget 2018

Finance Minister Arun Jaitley announces a 2018/19 budget that allocates billions of dollars for rural infrastructure and unveils a health insurance programme for around 500 million poor.

3rd & 7 37yd

Government to soon announce measures to address bad loans of small and medium enterprises: Arun Jaitley

by Anupriya Kumar 2/1/2018 6:22:47 AM
Propose to set up 3 trillion rupees plan for lending under Mudra scheme in 2018/19: Arun Jaitley

by Anupriya Kumar 2/1/2018 6:24:05 AM
Railway capital expenditure 1.49 trillion rupees - Arun Jaitley

by Vipin Das 2/1/2018 6:31:43 AM
Shares of companies in the agricultural sector rally after Finance Minister Arun Jaitley unveiled a slew of initiatives for the rural sector, including liberalising exports of agri commodities as part of 2018/19 budget

by Vipin Das 2/1/2018 6:33:26 AM
by Tony Tharakan 2/1/2018 6:34:53 AM
Agro chemicals makers PI Industries Ltd jumps nearly 5 percent, Excel Crop Care Ltd up 2.74 percent and Monsanto India Ltd rises as much as 2.3 percent at 12.04 p.m.

by Vipin Das 2/1/2018 6:35:05 AM
by Tony Tharakan 2/1/2018 6:36:39 AM
by Tony Tharakan 2/1/2018 6:41:45 AM
Budget sets 5.97 trillion rupees on infrastructure and extra budgetary allocation: Arun Jaitley

by Vipin Das 2/1/2018 6:43:03 AM
SpiceJet Ltd shares up as much nearly 10 percent at 12.14 p.m.

by Vipin Das 2/1/2018 6:45:08 AM
Sensex gives up gains, slides sharply to trade nearly 50 points lower at 35,912 points at 12.15 p.m.

by Anupriya Kumar 2/1/2018 6:45:58 AM
Government to bring out industry-friendly defence production policy in 2018/19: Arun Jaitley

by Tony Tharakan 2/1/2018 6:46:37 AM
One trillion rupees raised from disinvestment in 2017/18: Arun Jaitley

by Tony Tharakan 2/1/2018 6:46:53 AM
Consumer durables index slip 2.1 percent, metals index loses 1.1 percent, TECk index falls 0.6 percent, power index drops 0.44 percent.

by Anupriya Kumar 2/1/2018 6:47:42 AM
RBI Act being amended to provide central bank with leeway to manage excess liquidity: Arun Jaitley

by Vipin Das 2/1/2018 6:48:52 AM
Government to formulate a comprehensive gold policy, revamp gold monetisation scheme: Arun Jaitley

by Tony Tharakan 2/1/2018 6:49:58 AM
Government estimates 2017/18 fiscal deficit at 3.5 percent of GDP: Arun Jaitley

by Reuters_david.lalmalsawma edited by Tony Tharakan 2/1/2018 6:54:13 AM
Government estimates fiscal deficit for 2018/19 at 3.3 percent of GDP: Arun Jaitley

by Anupriya Kumar 2/1/2018 6:54:48 AM
5 million youth to be awarded scholarships by 2020: Arun Jaitley

by Anupriya Kumar 2/1/2018 7:03:23 AM
Government to reduce corporate tax to 25 percent for companies who have reported turnover of up to 2.5 billion rupees: Arun Jaitley

by Reuters_david.lalmalsawma edited by Tony Tharakan 2/1/2018 7:03:35 AM
71.5 billion rupees allocated to textile sector: Arun Jaitley

by Anupriya Kumar 2/1/2018 7:03:48 AM
No change in personal income tax structure: Arun Jaitley

by Anupriya Kumar 2/1/2018 7:07:57 AM
by Tony Tharakan 2/1/2018 7:08:45 AM
Listed entities to be taxed under long term capital gains tax: Arun Jaitley

by Vipin Das 2/1/2018 7:13:15 AM
Tax on distributed income on equity oriented mutual funds to be 10 percent: Arun Jaitley

by Vipin Das 2/1/2018 7:14:29 AM
Long term capital gains above 100,000 rupees to be taxed at 10 percent: Arun Jaitley

by Anupriya Kumar 2/1/2018 7:16:18 AM
Health and education cess raised to 4 percent: Arun Jaitley

by Tony Tharakan 2/1/2018 7:16:53 AM
Government proposes to raise import tax on mobile phones to 20 percent from 15 percent: Arun Jaitley

by Reuters_david.lalmalsawma 2/1/2018 7:18:13 AM
by Tony Tharakan 2/1/2018 7:21:56 AM
Finance Minister Arun Jaitley ends budget speech.

by Anupriya Kumar 2/1/2018 7:22:13 AM
Gross market borrowing seen at 6.06 trillion rupees in 2018/19; net market borrowing seen at 4.62 trillion rupees

by Reuters_david.lalmalsawma edited by Tony Tharakan 2/1/2018 7:24:42 AM
Government's total expenditure in 2018/19 seen at 24.42 trillion rupees.

by Anupriya Kumar 2/1/2018 7:27:07 AM
India 2018/19 budget in line with fiscal consolidation path that government has been talking about - Moody's analyst

by Anupriya Kumar 2/1/2018 7:28:15 AM
India 2018/19 budget expenditure announcements seem to be on productive investments; credit positive on medium-long term: Moody's analyst.

by Anupriya Kumar 2/1/2018 7:30:17 AM
Defence budget at 2.83 trillion rupees

by Vipin Das edited by Reuters_david.lalmalsawma 2/1/2018 7:32:09 AM
Food subsidy for 2018/19 seen at 1.69 trillion rupees

by Vipin Das 2/1/2018 7:33:18 AM
Nominal GDP growth seen at 11.5 percent in 2018/19

by Vipin Das 2/1/2018 7:34:00 AM
Fiscal deficit for 2019/20 seen at 3.1 percent of GDP, and 2020/21 seen at 3.0 percent

by Anupriya Kumar 2/1/2018 7:37:30 AM
Fertiliser subsidy for 2018/19 seen at 701 billion rupees

by Anupriya Kumar 2/1/2018 7:40:33 AM
GDP growth for 2018/19 estimated at 7.2 percent.

by Anupriya Kumar 2/1/2018 7:41:20 AM
by Tony Tharakan 2/1/2018 7:47:31 AM
Excise duty on petrol, diesel cut by 2 rupees per litre – TV channels

by Vipin Das 2/1/2018 7:50:54 AM
GDP growth for 2017/18 seen at 6.7 percent

by Vipin Das 2/1/2018 7:54:53 AM
Budget proposes ‘nil’ export duty on electrodes used for furnaces

by Vipin Das 2/1/2018 7:56:27 AM
REACTION: Rashesh Shah, President, FICCI and Chairman and CEO, Edelweiss Group

by Reuters_david.lalmalsawma 2/1/2018 7:57:27 AM

World News

WHO chief scientist urges people not to panic over Omicron

GENEVA The World Health Organization's (WHO) chief scientist told the Reuters Next conference on Friday that people should not panic over the emergence of the Omicron coronavirus variant and said it was too early to say if vaccines would need to be reworked. | Video

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India Budget 2018

Finance Minister Arun Jaitley announces a 2018/19 budget that allocates billions of dollars for rural infrastructure and unveils a health insurance programme for around 500 million poor.

Government to soon announce measures to address bad loans of small and medium enterprises: Arun Jaitley

Propose to set up 3 trillion rupees plan for lending under Mudra scheme in 2018/19: Arun Jaitley

Railway capital expenditure 1.49 trillion rupees - Arun Jaitley

Shares of companies in the agricultural sector rally after Finance Minister Arun Jaitley unveiled a slew of initiatives for the rural sector, including liberalising exports of agri commodities as part of 2018/19 budget

Agro chemicals makers PI Industries Ltd jumps nearly 5 percent, Excel Crop Care Ltd up 2.74 percent and Monsanto India Ltd rises as much as 2.3 percent at 12.04 p.m.

Budget sets 5.97 trillion rupees on infrastructure and extra budgetary allocation: Arun Jaitley

SpiceJet Ltd shares up as much nearly 10 percent at 12.14 p.m.

Government to bring out industry-friendly defence production policy in 2018/19: Arun Jaitley

One trillion rupees raised from disinvestment in 2017/18: Arun Jaitley

Consumer durables index slip 2.1 percent, metals index loses 1.1 percent, TECk index falls 0.6 percent, power index drops 0.44 percent.

RBI Act being amended to provide central bank with leeway to manage excess liquidity: Arun Jaitley

Government to formulate a comprehensive gold policy, revamp gold monetisation scheme: Arun Jaitley

Government estimates 2017/18 fiscal deficit at 3.5 percent of GDP: Arun Jaitley

Government estimates fiscal deficit for 2018/19 at 3.3 percent of GDP: Arun Jaitley

5 million youth to be awarded scholarships by 2020: Arun Jaitley

Government to reduce corporate tax to 25 percent for companies who have reported turnover of up to 2.5 billion rupees: Arun Jaitley

71.5 billion rupees allocated to textile sector: Arun Jaitley

No change in personal income tax structure: Arun Jaitley

Listed entities to be taxed under long term capital gains tax: Arun Jaitley

Tax on distributed income on equity oriented mutual funds to be 10 percent: Arun Jaitley

Long term capital gains above 100,000 rupees to be taxed at 10 percent: Arun Jaitley

Health and education cess raised to 4 percent: Arun Jaitley

Government proposes to raise import tax on mobile phones to 20 percent from 15 percent: Arun Jaitley

Finance Minister Arun Jaitley ends budget speech.

Gross market borrowing seen at 6.06 trillion rupees in 2018/19; net market borrowing seen at 4.62 trillion rupees

Government's total expenditure in 2018/19 seen at 24.42 trillion rupees.

India 2018/19 budget in line with fiscal consolidation path that government has been talking about - Moody's analyst

India 2018/19 budget expenditure announcements seem to be on productive investments; credit positive on medium-long term: Moody's analyst.

Defence budget at 2.83 trillion rupees

Food subsidy for 2018/19 seen at 1.69 trillion rupees

Nominal GDP growth seen at 11.5 percent in 2018/19

Fiscal deficit for 2019/20 seen at 3.1 percent of GDP, and 2020/21 seen at 3.0 percent

Fertiliser subsidy for 2018/19 seen at 701 billion rupees

GDP growth for 2018/19 estimated at 7.2 percent.

Excise duty on petrol, diesel cut by 2 rupees per litre – TV channels

GDP growth for 2017/18 seen at 6.7 percent

Budget proposes ‘nil’ export duty on electrodes used for furnaces

World News

WHO chief scientist urges people not to panic over Omicron

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