Business
Fiscal Discipline Has Taken a Backseat in Budget, Says Cornell Economist
Indian economist Eswar Prasad, a professor of trade policy at the prestigious Cornell University, said there were no major measures in the budget that could stimulate private investment.
Increase in Education Cess Shifts Responsibility on Tax Payer: Experts
This increase will enable the government to collect an estimated additional amount of Rs 11,000 crore for the health & education schemes announced in the Union Budget 2018-19.
How Arun Jaitley Was Inspired by Swami Vivekananda for 2018 Budget Speech
Well, Budget speeches are long, so it becomes absolutely mandatory for our finance ministers to come up with a strategy to ensure the Parliamentarians and the country doesn’t fall asleep.
Budget 2018 Increases Salary of President by 200% to Rs 5 lakh Per Month
Arun Jaitley's Budget 2018 increased the salary of the Presidentfrom the current 1.5 lakh a month to 5 lakh a month. The Vice-President's salary will increase to Rs 4 lakh a month from the existing Rs 1.10 lakh a month.
Budget 2018: Your Guide to Today's Budget: What to Watch Out For
Income Tax, GDP, fiscal deficit — Here's a look at what you need to watch out for in Finance Minister Arun Jaitley's Budget 2018-19.
Budget 2018 Likely to do Away With Tedious Paperwork in Filing Income Tax
Experts are of the opinion that one of the reasons why many salaried and other middle-income groups avoid paying taxes is that they have to go through a lot of paperwork.
South Korea Says Uncovered $600 Million in Cryptocurrency Crimes
The statement by South Korea's customs service said domestic investors bought 1.7 billion won worth of cryptocurrencies, which they sent to overseas partner companies through virtual wallets.
Air India Divestment, GST Stabilisation, NPA Settlements Big Reforms; Rate Cut Unlikely, Hints CEA Arvind Subramanian
In a conversation with CNBC TV18's Shereen Bhan, Chief Economic Adviser (CEA) Arvind Subramanian said the government is not likely to come up with monetary easing in the recent future.
Should Move to Fewer Yet more Productive Farms and Farmers, Says Economic Survey 2018
The survey reviews the developments in the Indian economy in the last one year post the last Budget, summarises the performance on major development programmes, and highlights the policy initiatives of the government and the prospects of the economy.
Our View of Private Sector Has Changed from Crony Socialism to Stigmatised Capitalism: CEA Arvind Subramanian
Chief Economic Adviser Arvind Subramanian made the observation at a press conference after the tabling of the Economic Survey in Parliament.
News18.com Daybreak | Mortal Shells Rain on Kashmir's Village & Stories That You May Have Missed
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'Arun Jaitley Should Contain Fiscal Deficit in Budget 2018-19'
T N Srinivasan, the Samuel C Park Jr Professor Emeritus of Economics at Yale University, further said there is no economic theory to link job losses to demonetisation and implementation of the Goods and Services Tax (GST).
FM Arun Jaitley Performs Halwa Ceremony to Launch Printing of Budget Papers
The 'halwa ceremony' is observed to maintain the secrecy of the budget preparation process. As part of the ritual, 'halwa' is prepared in a big wok and served to the entire staff in the ministry.
Benefit from GST Probably Won't Show up Next Year, Says Poll
Consequently, 15 of 28 economists said benefits from the tax wouldn't be felt until at least the fiscal year starting April 2019. But signs of a recovery in activity are appearing, and 13 of the 28 said benefits may show up next year.
World to be Riskier Place in 2018: World Economic Forum Survey
The World Economic Forum, which describes itself as an international organisation for public-private cooperation said structural and interconnected nature of risks in 2018 threaten the very system on which societies, economies and international relations...
Bitcoin, Rival Cryptocurrencies Plunge on Crackdown Fears
Bitcoin's slide triggered a selloff across the broader cryptocurrency market, with biggest rival Ethereum down 23 percent on the day at one point, according to trade website Coinmarketcap, and the next-biggest, Ripple, plunging by as much as a third.