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'Farmers, youth, honest taxpayers cheated by Budget'


New Delhi: Dubbing the Union Budget as a "damp squib", former Finance Minister P Chidambaram today said the government has wasted an opportunity to push through bold reforms, revive growth and devise strategies for job creation.He, how

Rs 544 cr may be allocated for nuclear units


Chennai: The Indian government may allocate around Rs 544 crore for the setting up of next two 1,000 MW atomic power units - number 5 & 6 - at Kudankulam in Tamil Nadu.According to the budget papers presented in the Lok Sabha on Wednesday, t

Now you will get high speed internet at low cost


New Delhi: Aiming to strengthen its Digital India push, the government on Wednesday said it will pump Rs 10,000 crore in 2017-18 in its BharatNet project to lay optical fibre cables (OFC)."Under the BharatNet Project, OFC has been laid in 1
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Budget 2017


New Delhi: The government plans to merge some of the 13 state oil firms to create an energy behemoth that can rival global giants like BP and Chevron to help meet the energy needs of the world's third largest oil consumer.More than 12 years after

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New Delhi: In a bid to insulate the country from volatility in global oil market, the government will build two more underground crude oil storages in Odisha and Rajasthan.Announcing the two new facilities at Chandikhol in Odisha and Bikaner in Rajas

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New Delhi: Think twice before making cash payments. It is a common practice to make cash payments underhand while buying a cash, but now do not even think about it. If you do that then you will not only lose the original amount, but will have to

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New Delhi: This news will make you shiver. The Income Tax officials have been given sweeping powers in the Budget for 2017-18. The IT officials can now attach property and decline to give reasons for the raids and searches.       

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New Delhi: Government today said it will amend the Drugs and Cosmetics Rules to ensure availability of medicines at reasonable prices and also formulate new norms for the medical devices sector to bring in investments."We propose to amend the Dr

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New Delhi: The government on Wednesday allocated Rs 48,853 crore for the health sector for the financial year 2017-18  a 23 per cent increase, and announced two new All India Institutes of Medical Sciences (AIIMS) in Jharkhand and Gujarat.A

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Chennai: In a major relief to the tax-burdened middle-class people, Finance Minister Arun Jaitley on Wednesday proposed to halve the income tax to five per cent for those earning between Rs 250,000 and Rs 500,000 per annum. Presenting the 2017-18 Bud

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New Delhi: Aiming to empower villages through a hike in MGNREGA funds, poverty alleviation and 100 per cent electrification by May 2018, Finance Minister Arun Jaitley on Wednesday focussed on rural India.In his Budget speech, Jaitley said 100 per cen

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New Delhi:  Delhi Deputy Chief Minister Manish Sisodia on Wednesday expressed his disappointment with the Union Budget 2017-18 and said that Delhi had again been deprived of its due share in central taxes."My initial response is Delhi has b

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New Delhi: The Bharatiya Mazdoor Sangh (BMS) on Wednesday described the union budget as disappointing, saying the workers, salaried class and poor were overlooked.The BMS, the Rashtriya Swayamsevak Sangh's labour wing, also demanded a relook into

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Patna: Bihar Chief Minister Nitish Kumar and his ally Rashtriya Janata Dal chief Lalu Prasad on Wednesday said Union Budget 2017-18 is "disappointing" for people, particularly the poor, farmers and youths.Both the Janata Dal (United) P

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New Delhi: After the Budget, be ready for a hike in rail fares. Worst still, the hike may hit the not-so rich train passengers. The increase in fares are likely to be announced to fund the Railway Safety Fund announced by Finance Minister Arun J

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