"union-budget-2021"

Speaking about stressed assets, the governor said there is growing awareness and realisation among banks in dealing with NPAs

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.

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.

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.

The customs duty on gold and silver was reduced to 7.5 per cent.

Finance Minister Nirmala Sitharaman said there has been a manifold increase in digital payments in the recent past.

Sitharaman said that the main interventions under the scheme will support over 17,000 rural and 11,000 urban wellness centres.

Presenting the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman said fuel supplies were kept running without interruption during COVID-19 lockdown.

She said this will promote fuel-efficient and environment friendly vehicles while cutting on India's huge import bills.

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

As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation.

Finance Minister had launched the "Union Budget Mobile App" for hassle-free access of Budget documents by Members of Parliament (MPs) and the general public.

On the Sensex chart, IndusInd Bank, ICICI Bank, HDFC, ONGC, Titan and HDFC Bank were prominent gainers.

This year, the Union Budget will be delivered in paperless form for the first time.

There is widespread speculation that the government would bring incentives to promote manufacturing activities in the country.

The Budget Session will begin today with an address by President Ram Nath Kovind to the joint sitting of two houses of Parliament.

Among major earnings to focus on this week are from UCO Bank, Axis Bank, Bank of Baroda, Canara Bank, Hindustan Unilever Limited, Lupin, Maruti Suzuki India and Tata Motors.

Restoration and creation of jobs must be high on Sitharaman's to-do list that will set the tone for a double-digit growth