Business

  • budget, Manufacturing
    Feb 27, 2015 12:14 IST

    Growth to top 8%, inflation shows declining trend in 2014-15

    Finance minister Arun Jaitley tabled the Economic Survey in the Lok Sabha on Friday.

  • Abhijit Tannu
    Feb 27, 2015 13:12 IST

    Startup led by IIT-ian duo set to become ‘billion $ baby’

    It was the middle of 2008. For the umpteenth time, Seclore founders Abhijit Tannu and Vishal Gupta were giving finishing touches to a presentation on their new company’s first product FileSecure. Their client was a senior executive in Reliance Capital. "We had some bad experiences. Of the many clients we spoke to, none showed any real interest... They thought it was fiction", recalled Abhijit Tannu.

  • budget
    Feb 27, 2015 12:35 IST

    Economic Survey: GDP to grow at over 8% next yr, time for big reforms

    The government struck a note of optimism on Friday with a forecast 8.1%-8.5% growth for India's economy in 2015-16 marking an uptick from the estimated 7.4% this year amid scope for big-bang reforms but grappled with a key question: how to create jobs for teeming millions that are joining the workforce.

  • Why did EC allow Rahul's roadshow and deny Modi, asks Jaitley
    Feb 27, 2015 11:22 IST

    What will play on FM station tomorrow? Here is what to expect

    Finance minister Arun Jaitley, set to present his maiden budget on Saturday, has the difficult job of making India regain its spot as an investors' darling, easing rules of doing business and signalling long-term economic reforms without hurting India's vast consuming class.

  • budget, poverty
    Feb 27, 2015 19:36 IST

    Poverty dips, but India lags behind on HDI: Economic Survey

    India is tanked 135 out of 187 countries in the 2014 Human Development Report, the lowest among the BRICS countries, and only slightly ahead of Bangladesh and Pakistan.

  • Arun Jaitley: Modi's idea to give greater autonomy to states
    Feb 26, 2015 23:50 IST

    Union Budget: Jaitley likely to lay down roadmap for GST roll-out

    Finance minister Arun Jaitley, in his maiden full budget speech on Saturday, is expected to list out the roadmap for rolling out a country-wide goods and services tax (GST), the most ambitious reforms initiative in India.

  • Arun Jaitley
    Feb 26, 2015 23:10 IST

    News channels jack up ad rates for Union Budget

    The Union Budget 2015-16 is driving most of the action on television, with news channels selling their commercial time at highest-ever rates.

  • Indian railways
    Feb 27, 2015 00:42 IST

    No fare hike, no new trains: Prabhu's reform-driven rail budget

    Suresh Prabhu shunned the populism of the past to deliver a reform-oriented railway budget on Thursday that focused on modernising an ageing network and improving amenities for the 23 million Indians who ride its trains daily.

  • Dadar station
    Feb 27, 2015 00:14 IST

    Swachh rail, logistics arm among many firsts in Prabhu's budget

    When rail minister Suresh Prabhu announced Rs 8.5 lakh crore in investment over the next five years in his first full-term budget, he offered passengers perks such as stable fares, better toilets and cleaner stations — but no new trains on the world’s fourth largest rail network, a first.

  • People watch
    Feb 27, 2015 00:30 IST

    Rail budget gives green light for solar power, clean fuels

    The Indian railways took a step towards becoming green on Thursday, with rail minister announcing a slew of environmentally friendly measures — from the generation of 1,000 MW of solar power to running more trains on cleaner fuels like CNG.

  • 1
    Feb 27, 2015 10:15 IST

    Rupee retreats from 3-week high vs US dollar ahead of Budget

    The rupee weakened by 10 paise to 61.85 against the US dollar in early trade today at the Interbank Foreign Exchange due to rise in the Greenback's value against other currencies overseas.

  • Bombay Stock Exchange
    Feb 27, 2015 09:58 IST

    Sensex logs best gain in 6 weeks after Survey boosts Budget hopes

    The BSE Sensex and Nifty gained 1.5% on Friday, heading for their best single-day advance in nearly six weeks as blue chips rallied on hopes the government would deliver a budget that increases public investment but sticks broadly to its fiscal deficit targets.

  • Suresh Prabhu
    Feb 26, 2015 23:00 IST

    Prabhu sets 88.5% operating ratio for 2015-16, best in 9 yrs

    In a first step towards a complete turnaround in finances of railways in India, The government on Thursday set an ambitious target of capping the operating ratio of the investment-starved Indian Railways at a 9-year low of 88.5% for 2015-16.

  • Budget
    Feb 27, 2015 00:37 IST

    ‘Railways did not modernise due to chronic under-investment’

    Network congestion was identified as the biggest constraint of the Indian Railways in a White Paper released by railways minister Suresh Prabhu on Thursday.

  • Suresh Prabhu
    Feb 26, 2015 19:32 IST

    Prabhu calling prabhu: Rail minister's pun express tickles all

    Railway minister Suresh Prabhu had a lot on his plate, delivering his maiden budget in Parliament on Thursday. But that did not stop him from sprinkling his speech with puns and banter.