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"union-budget-2021"

  • Proposed ARC will not ‘jeopardise’ existing players: RBI Governor

    Speaking about stressed assets, the governor said there is growing awareness and realisation among banks in dealing with NPAs
  • ‘Union Budget 2021 was a missed opportunity to raise revenues from tobacco taxes’

    In India, about 3500 people die every day from tobacco use and the economic burden from tobacco use amounted to Rs. 1,77,341 crore in 2017-2018, making it 1 per cent of India’s gross domestic product (GDP), the VHAI statement said.
  • Sensex soars nearly 1,200 points; Nifty tops 14,600

    The Sensex ended 1,197.11 points or 2.46 per cent higher at 49,797.72. The BSE gauge topped the 50,000-level briefly and swung 1,554 points during the day.
  • Anti-people budget by BJP: Mamata Banerjee

    Iterating the demand for withdrawal of the new farm laws, Banerjee wondered if the Centre can waive off NPAs running into crores of rupees then why is it hesitant to write-off farm loans.
  • Govt cuts import duty on gold, silver

    The customs duty on gold and silver was reduced to 7.5 per cent.
  • FM proposes Rs 1,500 crore-scheme to promote digital payments

    Finance Minister Nirmala Sitharaman said there has been a manifold increase in digital payments in the recent past.
  • Union Budget introduces Rs 64,180 cr scheme to upgrade healthcare infrastructure

    Sitharaman said that the main interventions under the scheme will support over 17,000 rural and 11,000 urban wellness centres.
  • Ujjwala scheme to be extended to 1 cr more beneficiaries: FM

    Presenting the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman said fuel supplies were kept running without interruption during COVID-19 lockdown.
  • FM announces voluntary vehicle scrapping policy to phase out old vehicles

    She said this will promote fuel-efficient and environment friendly vehicles while cutting on India's huge import bills.
  • Rs 35,000 cr budgeted for COVID-19 vaccination expenditure in FY22

    India had earlier in January approved two vaccines -- Oxford's Covishield manufactured by SII and Bharat Biotech's Covaxin -- for restricted emergency use.
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