Business News

  • Budget session of Assam Assembly begins ANI - Mon, Mar 3

    Dispur, Mar 3 (ANI): The month-long Budget Session of Assam Assembly for year 2008-09 will commence here today.

  • BJP dubs Budget a populist disaster recipe ANI - Sat, Mar 1

    New Delhi, March 1 (ANI): Former Finance Minister Yashwant Sinha has termed the Budget presented by Finance Minister P. Chidambaram as a 'populist' one and one that is a perfect 'recipe for long-term economic disaster'.

  • Minorities front welcomes people friendly budget ANI - Fri, Feb 29

    New Delhi, Feb. 29 (ANI): All India Minorities Front president S. M. Asif has hailed the Budgetary provisions for Minorities at point No. 47 of the Budget speech especially the proposal to recruit members of minority communities in the Centralaramilitary Forces and also opening of New Branches of Banks in the areas of their density.

  • Budget will further fuel India's growth: Chidambaram ANI - Fri, Feb 29

    New Delhi, Feb 29 (ANI): Union Finance Minister P Chidambaram today said that there is an investment boom in the economy and that the budget aimed at further fuelling the country's growth story.

  • Growth and inclusiveness, Budget provides right balance: CII ANI - Fri, Feb 29

    New Delhi, Feb 29 (ANI): Finance Minister P Chidambaran has presented a comprehensive, balanced and growth-oriented budget, said Sunil Mittal, President of Confederation of Indian Industries.

  • Government's proposal of Rs 900 crore for combating AIDS ANI - Fri, Feb 29

    New Delhi, Feb 29 (ANI): Union Finance Minister P Chidambaram has announced a proposal of Rs.993 crore to the National Aids Control Programme.

  • Farmer's loan waiver a revolutionary step: Sonia Gandhi ANI - Fri, Feb 29

    New Delhi, Feb 29 (ANI): UPA Chairperson Sonia Gandhi today termed the waiver of 40 million poor farmer's loans as a historic and revolutionary step.

  • Chidambaram gives tax benefit to all ANI - Fri, Feb 29

    New Delhi, Feb 29 (ANI): Union Finance Minister P Chidambaram on Friday gave tax benefits to almost all section of society.

  • Manmohan Singh hails Chidambaran's budget as growth-oriented ANI - Fri, Feb 29

    New Delhi, Feb 29 (ANI): Prime Minister Dr. Manmohan Singh today hailed the Union Budget proposals for 2008-09 as pro-agriculture, pro-investment and growth-oriented, saying that the measures announced by Finance Minister P.Chidambaram would address critical problems of the farm sector and would lead to the overall development of the economy.

  • Chidambaram waives off farm loan, announces 600 billion rupees package for farmers ANI - Fri, Feb 29

    New Delhi, Feb 29 (ANI): To give a boost to the agricultural sector, Union Finance Minister P. Chidambaram today announced a loan waiver for about forty million farmers while presenting his Budget proposals for fiscal 2008-09. This relief is expected to help the government deal with its current agrarian crisis.

  • Chidamabaram can no do right, feels opposition ANI - Fri, Feb 29

    New Delhi, Feb.29 (ANI): Union Finance Minister P. Chidambaram should be pleased with the initial reactions to his "populist budget" proposals for fiscal 2008-09, as he has in the run-up to next year's general elections, probably provided solutions or balm for every demand or complaint in each sector.

  • Industry lauds Chidambaram's Budget ANI - Fri, Feb 29

    New Delhi, Feb 29 (ANI): Finance Minister P Chidambaram Union Budget proposals for 2008-09 has got the thumbs up from the industry and investment bankers, who described it as a "fantastic" job.

  • 4 crore farmers to reap benefit from loan waiver: Chidambaram ANI - Fri, Feb 29

    New Delhi, Feb 29 (ANI): Announcing one of the major relief to those affected by the prevailing agrarian debt crisis, Union Finance Minister P Chidambaram on Friday told the Lok Sabha that the Central Government proposal to waive off farm loans of small and migrant farmers will benefit around 4 crore farmers.

  • General Budget: Farm loan waived off, Arunachal gets 500 crore rupees ANI - Fri, Feb 29

    New Delhi, Feb 29 (ANI): Union Finance Minister P Chidambaram on Friday announced a complete waiver of loan granted to small farmers saying that all loans granted upto March last year would get the benefit of waiver and the Centre will have to bear a burden of 50, 000 crore rupees due to waiver.

  • Sensex falls ahead off Union Budget ANI - Fri, Feb 29

    Mumbai, February 29: The Bombay Stock Exchange benchmark Sensex fell by 189 points in early trade on Friday as funds and general investors reduced their holdings ahead of the Budget 2008-09.

  • Chidambaram confident of maintaining 8 % GDP growth ANI - Fri, Feb 29

    New Delhi, Feb 29 (ANI): Stating that the United Progressive Alliance Government's prime focus is to curb inflation rate, Union Finance Minister P Chidambaram on Friday told Lok Sabha that he is confident that India would be able to maintain a Gross Domestic Growth (GDP) of 8 per cent.

  • Chidambaram to present Budget 2008-09 ANI - Fri, Feb 29

    New Delhi, Feb 29 (ANI): Union Finance Minister P.Chidambaram will present the General Budget for the fiscal 2008-09 in the Lok Sabha today and will also address a Post-Budget press conference here.

  • Chidambaram to unveil much-awaited budget tomorrow ANI - Fri, Feb 29

    New Delhi, Feb 28 (ANI): Union Finance Minister P Chidambaram will on Friday unveil the much-awaited General Budget for the next fiscal.

  • Rupee appreciation has affected exporters: Economic Survey ANI - Fri, Feb 29

    New Delhi, Feb 28 (ANI): The Economic Survey tabled today says the appreciation of the rupee vis-a-vis the dollar, the main invoicing currency of export compared to the lower appreciation of competing countries coupled with the slow growth in imports of major trading partners like the United States, has affected exports of some sectors with low import intensity.

  • Economic survey lauds the growth in the industrial sector ANI - Fri, Feb 29

    New Delhi, Feb 28 (ANI): The Economic Survey 2007-08 says that the 9.2 per cent growth achieved during April to November 2007 by the industrial sector, when seen against the backdrop of the robust growth during the preceding four years suggests that the buoyancy in this sector has continued, though with a degree of moderation.


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