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Entertainment

Bollywood Celebrities applaud Budget

Mumbai: Union Finance Minister Arun Jaitley presented the Budget for the fourth time in the Lok Sabha on Thursday with emphasis on agriculture and healthcare. Though entertainment industry did not get a special mention in the budget, celebrities feel they are also like common people and budget do affect them in day-to-day life. Film and television […]

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Economy

LTCG jitters: Sensex plunges 592 points; Nifty below 10,900-mark

Mumbai: The benchmark indices plunged up to 1.72% in late morning trade after Fitch Ratings said weak public finances constrain India’s sovereign ratings. The Sensex tumbled by 591.69 points or 1.64% to quote at 35,314.97 as banking, financials capital goods and auto stocks nosedived. Also, the NSE Nifty dipped below the 10,900-mark to trade at 10,826.50, […]

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India

Budget impact: Kharif crops MSP could rise up to 47%

New Delhi: The support price for the upcoming Kharif crops like paddy could see up to 47% rise after Finance Minister Arun Jaitley announced today that the government will give 1.5 times the cost of production to farmers. While presenting the Union Budget 2018-19, Jaitley said the government has declared the minimum support price (MSP) for […]

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India

Not possible to double farmers’ income by 2022: Manmohan Singh

New Delhi: Former prime minister Manmohan Singh today said it is not possible to double farmers’ income by 2022 until the agricultural growth is 12%. “The government says farmers’ income will be doubled by 2022. But it’s not possible until the agricultural growth is 12%. Until we achieve that … It is just a hollow assurance,” […]

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Editorial Views

Will Budget 2018 Pay Off?

The gambit will pay off in 2019, provided those benefited by this Budget stay grateful for another year and three months, and the middle class merely stays disillusioned rather than antagonistic towards the Modi government Finance Minister Arun Jaitley on Thursday presented his annual Budget proposals that clearly bear a stamp of politician Narendra Modi, […]

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India

Doctors appreciate budget focus on healthcare sector

Mumbai:  The government has pledged itself to a gigantic task in the healthcare sector covering little less than half of the country’s population, approximately 50 crore (500 million) people. The National Healthcare Protection Scheme outlines providing up to Rs 5 lakh cover per family per year for secondary and tertiary care hospitalisation. This measure has come […]

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Economy

India on course for 8% plus growth, says Jaitley

New Delhi: India is firmly on course to achieving over 8% growth and becoming the world’s 5th largest economy, Finance Minister Arun Jaitley said today. It has achieved an average growth of 7.5% in the first three years of the Modi government, he said. The GDP (Gross Domestic Product) growth of 6.3% in the July-September quarter […]

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India

Budget unveils world’s largest public healthcare programme

New Delhi: The Centre today announced the world’s largest government-funded healthcare programme, aimed at benefiting 10 crore poor families by providing coverage of up to Rs 5 lakh per family per year for secondary and tertiary care hospitalisation. The National Health Protection Scheme, announced by Finance Minister Arun Jaitley in his Budget for 2018-19, will cover […]

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Economy

FM pledges more actions to check black money

New Delhi: Enthused by the success of various schemes to check black money, Finance Minister Arun Jaitley said today that the government will continue to take more such initiatives in the future to deal with the menace. Presenting the Union Budget 2018-19, he said that an excess amount of about Rs 90,000 crore was collected by […]

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Economy

FM proposes law for automatic revision of MPs’ salaries

New Delhi: Finance Minister Arun Jaitley today proposed a law for an automatic revision of salaries for Parliamentarians every five years indexed to inflation. Presenting his fifth straight Budget here, Jaitley said there had been a public debate on emoluments paid to Members of Parliament, and the present practice allowing them to fix their own emoluments […]