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Kunwar Vikram Singh led CAPSI has been successfully representing the private security industry in India

It is CAPSI that persistently persuaded the government for the enactment of the Private Security Agency Regulations Act of 2005.
Updated on Dec 21, 2020 05:00 PM IST
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Himachal raises 1,000 cr loan for development, paying salaries

The state has estimated a revenue loss of 32,000 crore over the past seven months due to the pandemic
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Updated on Oct 26, 2020 05:57 PM IST
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Hindustan Times/Shimla | By, Shimla

Why the GST framework is in trouble

The switch to the Goods and Services Tax (GST) in July 2017 was a historic moment in India’s fiscal trajectory. It scrapped a plethora of central and state taxes and paved the way for a uniform tax regime and a common market across the country. Ideally, there should have been fewer GST slabs, but the idea was always to move to this once the regime stabilised.
Reforms such as GST are difficult to implement not because they do not have enough traction as ideas, but because the transition from the status quo to a new framework is challenging(PTI)
Reforms such as GST are difficult to implement not because they do not have enough traction as ideas, but because the transition from the status quo to a new framework is challenging(PTI)
Updated on Aug 30, 2020 09:15 PM IST
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Banks sanctioned 1.5 lakh crore easy loans to small enterprises

The scheme provides for an easy additional working capital loan at a concessional rate of interest to an existing borrower who is not a defaulter
The top lenders under the Emergency Credit Line Guarantee Scheme are State Bank of India (SBI), Canara Bank, Punjab National Bank (PNB), Bank of India, Union Bank of India and HDFC Bank Ltd.(REUTERS)
The top lenders under the Emergency Credit Line Guarantee Scheme are State Bank of India (SBI), Canara Bank, Punjab National Bank (PNB), Bank of India, Union Bank of India and HDFC Bank Ltd.(REUTERS)
Published on Aug 20, 2020 01:41 PM IST
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Hindustan Times, New Delhi | ByRajeev Jayaswal

Govt launches ‘Manodarpan’ to provide psychological support to students, teachers

Union Finance Minister Nirmala Sitharaman on Sunday launched Manodarpan, an initiative to provide psychological support and counselling to students, teachers and families for mental health and emotional well-being.
Union Finance Minister Nirmala Sitharaman(Hindustan Times File)
Union Finance Minister Nirmala Sitharaman(Hindustan Times File)
Updated on Jul 21, 2020 09:49 AM IST
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New Delhi | Byhindustantimes.com| Edited by Nandini

WATCH LIVE: Finance minister Nirmala Sitharaman announces 4th tranche of measures for Covid-hit nation

All the interventions made under the Aatma Nirbhar Bharat Special Package have so far stuck to the theme of a self-reliant India introduced by Prime Minister Narendra Modi.
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman during the third briefing detailing the Centre’s economic stimulus package at National Media centre in New Delhi.(Sonu Mehta/HT PHOTO)
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman during the third briefing detailing the Centre’s economic stimulus package at National Media centre in New Delhi.(Sonu Mehta/HT PHOTO)
Updated on May 16, 2020 04:42 PM IST
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Hindustan Times, New Delhi | Byhindustantimes.com

Boosting the economy

Putting money in the hands of individuals, businesses is key
The first part of India’s ₹20 lakh crore economic package was announced on Wednesday — the second, if one factors in the relief to the poor and marginalised announced in late March, and the Reserve Bank’s announcements in March and April — and it provides some indications on what the government hopes to achieve.(REUTERS)
The first part of India’s ₹20 lakh crore economic package was announced on Wednesday — the second, if one factors in the relief to the poor and marginalised announced in late March, and the Reserve Bank’s announcements in March and April — and it provides some indications on what the government hopes to achieve.(REUTERS)
Updated on May 13, 2020 09:35 PM IST
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Allocate resources, rationally and efficiently

Give money to state governments, protect the vulnerable sections, and don’t be hostile to businesses
Migrants undergo thermal screening Ganjam, May 3, 2020(PTI)
Migrants undergo thermal screening Ganjam, May 3, 2020(PTI)
Updated on May 13, 2020 09:40 PM IST
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BySuyash Rai

Why PM Modi’s address is historic

Overcoming conservative impulses within the establishment, he has paved the way for reforms
These bold reforms will also underpin the PM’s call for a self-­reliant India, but one which is not self­-centred and protectionist(ANI)
These bold reforms will also underpin the PM’s call for a self-­reliant India, but one which is not self­-centred and protectionist(ANI)
Updated on May 14, 2020 07:34 PM IST
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ByRajiv Kumar

PM Modi announces stimulus package of 20 lakh crore for Covid-hit economy. Read full speech text here

Prime Minister Narendra Modi said the coronavirus pandemic has presented India with an opportunity to become self-reliant and to emerge as the best across the world.
Indians watch a televised address to the nation by Prime Minister Narendra Modi in Hyderabad, India.(AP)
Indians watch a televised address to the nation by Prime Minister Narendra Modi in Hyderabad, India.(AP)
Published on May 12, 2020 11:57 PM IST
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Hindustan Times, New Delhi | Byhindustantimes.com | Edited by Arpan Rai

India needs a strong fiscal stimulus

Plan for a 20 lakh crore-stimulus. It is needed for both immediate relief and economic revival
As economic policy in India following the onset of Covid-19 must address both the relief made necessary by the lockdown and restoration of the level of activity after it is lifted, we may consider these two aspects together, terming the overall response needed as stimulus.(PTI)
As economic policy in India following the onset of Covid-19 must address both the relief made necessary by the lockdown and restoration of the level of activity after it is lifted, we may consider these two aspects together, terming the overall response needed as stimulus.(PTI)
Published on Apr 15, 2020 07:07 PM IST
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ByPulapre Balakrishnan

8 big announcements made by Finance Minister in Covid-19 relief package

The government has imposed a lockdown to check the spread of coronavirus disease Covid-19. For people facing difficulties due to this lockdown, Finance Minister Nirmala Sitharaman today announced a relief package.
Finance Minister Nirmala Sitharaman announced a relief package for Covid-19(Raj K Raj/HT)
Finance Minister Nirmala Sitharaman announced a relief package for Covid-19(Raj K Raj/HT)
Updated on Mar 26, 2020 03:52 PM IST
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Hindustan Times, New Delhi | ByHT Correspondent

In Punjab budget, Amarinder Singh govt reduces retirement age to 58 years

BUDGET 2020-21 Manpreet Badal announces that Punjab will provide free education in government schools to all students up to Class 12; earmarks 2,000 crore for farm loan waiver, including 520 crore for waiving loans of landless and farm workers
Updated on Feb 28, 2020 01:06 PM IST
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ByHT Correspondent

Unable to complete targets, Chandigarh asks Centre to revise smart city plan

Chandigarh Smart City Limited has proposed the smart city plan’s revision from 6,500-crore to 2,300-crore
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Updated on Feb 15, 2020 01:16 AM IST
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Hindustan Times, Chandigarh | By, Chandigarh

Sukhbir’s praise for Union Budget a case of sycophancy: Amarinder

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Published on Feb 02, 2020 10:32 PM IST
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Hindustan Times, Chandigarh | By, Chandigarh

Budget 2020: Tactics over strategy

There are questions about fiscal deficit, tax reforms and expenditure management
People watching sensex update outside BSE in Mumbai, February 1, 2020(Anshuman Poyrekar/HT Photo)
People watching sensex update outside BSE in Mumbai, February 1, 2020(Anshuman Poyrekar/HT Photo)
Published on Feb 02, 2020 07:43 PM IST
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BySuyash Rai

Budget 2020: Focus on growth

Address unemployment, boost demand, push policy reforms
India needs synergy in its efforts to seek long-term finance to sustainably finance investments and provide attractive returns to households outside what continues to be an overvalued stock market(PTI)
India needs synergy in its efforts to seek long-term finance to sustainably finance investments and provide attractive returns to households outside what continues to be an overvalued stock market(PTI)
Updated on Jan 15, 2020 07:04 PM IST
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Ensure GST collection is Rs 1.1 lakh crore every month, government tells officials

Taxmen have been told that the corporate tax relief worth Rs 1.45 lakh crore should not be taken as an excuse for lesser direct tax collection target.
Government also told the officers to exhort themselves to reach the target of Rs 13.5 lakh crore in direct taxes.(PTI Photo)
Government also told the officers to exhort themselves to reach the target of Rs 13.5 lakh crore in direct taxes.(PTI Photo)
Updated on Dec 17, 2019 04:23 PM IST
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Hindustan Times, New Delhi | ByRajeev Jayaswal

The government’s corporate tax move is bold. But there is a fiscal risk | Opinion

It will potentially leave investors with more money, make firms competitive, and boost consumption
The success of the move depends on the government’s approach to tax administration; its management of public finances; the other steps it takes to address structural issues and boost investment; and the manner in which firms choose among available tax structures(PTI)
The success of the move depends on the government’s approach to tax administration; its management of public finances; the other steps it takes to address structural issues and boost investment; and the manner in which firms choose among available tax structures(PTI)
Updated on Sep 21, 2019 06:22 AM IST
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BySuyash Rai

Investors become richer by nearly 7 lakh cr in a day on FM’s tax booster

The bull market led the market capitalisation of the BSE-listed companies to soar 6,82,938.6 crore to 1,45,37,378.01 crore in single day.
The 30-share key BSE index zoomed 1,921.15 points or 5.32 per cent to close at 38,014.62. During the day, it advanced 2,284.55 points to 38,378.02, its biggest intra-day spike in over a decade.(HT image)
The 30-share key BSE index zoomed 1,921.15 points or 5.32 per cent to close at 38,014.62. During the day, it advanced 2,284.55 points to 38,378.02, its biggest intra-day spike in over a decade.(HT image)
Updated on Sep 20, 2019 05:50 PM IST
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New Delhi | ByPress Trust of India

On first official tour to US, E Palaniswami signs MoUs worth 2780 Cr at investors’ meet

The CM also recalled that Global Investors’ Meet, hosted by the TN Government in January, had attracted 304 MoUs worth 3 lakh crore.
Tamil Nadu CM Edapaddi K Palaniswami.(HT image)
Tamil Nadu CM Edapaddi K Palaniswami.(HT image)
Updated on Sep 04, 2019 09:31 PM IST
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Chennai | ByM Manikandan

Bains flags off mobile hospital van to flood-hit areas

Bains said NGOs such as Eknoor Sewa Society and some private hospitals are helping in flood-hit areas
Lok Insaaf Party MLA Simarjeet Singh Bains and his supporters flagging off the relief material for flood victims in Ludhiana on Friday.(HT Photo)
Lok Insaaf Party MLA Simarjeet Singh Bains and his supporters flagging off the relief material for flood victims in Ludhiana on Friday.(HT Photo)
Updated on Aug 31, 2019 12:35 AM IST
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Hindustan Times, Chandigarh | By

‘Unfit govt, unfit economy’: Congress mocks Modi in tweets

Another meme posted by the party showed Modi crushing the rupee with his yoga posture. The meme was accompanied by a Hindi couplet criticising Modi.
The tweet was accompanied by a meme that depicted a change in the RBI seal with the image of the tiger being replaced by a dinosaur skeleton to drive home the point that the current policies would make the central bank extinct.(IANS image)
The tweet was accompanied by a meme that depicted a change in the RBI seal with the image of the tiger being replaced by a dinosaur skeleton to drive home the point that the current policies would make the central bank extinct.(IANS image)
Updated on Aug 30, 2019 09:41 AM IST
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New Delhi | ByIndo Asian News Service

‘Stealing from RBI won’t work,’ says Rahul Gandhi on Centre borrowing 1.76 lakh crore from the central bank

The Reserve Bank of India’s board approved the record payout on Monday, which includes a dividend of 1.23 trillion rupees and 526.4 billion rupees from its surplus capital.
Congress leader Rahul Gandhi hit out at Centre over borrowing <span class='webrupee'>₹</span>1.76 lakh crore from the Reserve Bank of India(PTI)
Congress leader Rahul Gandhi hit out at Centre over borrowing 1.76 lakh crore from the Reserve Bank of India(PTI)
Updated on Jun 22, 2020 07:51 AM IST
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Yogi Adityanath urges opposition parties to help make UP trillion dollar economy

Adityanath said Prime Minister Narendra Modi had talked about making the state a trillion dollar economy at the UP Investor’s Summit-2018.
Uttar Pradesh chief minister Yogi Adityanath.(ANI Photo)
Uttar Pradesh chief minister Yogi Adityanath.(ANI Photo)
Updated on Jul 25, 2019 01:56 AM IST
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Lucknow | By

UP’s supplementary budget focuses on infra projects

The supplementary budget has proposed Rs 2,175.46 crore for urban development, Rs 2,093.08 crore for infrastructure, Rs 850 crore for the Purvanchal Expressway, Rs 1,150 crore for the Bundelkhand Expressway, Rs 905.36 crore for the energy sector and Rs 834.84 for the irrigation department.
CM Yogi Adityanath and other legislators during the presentation of the supplementary budget during the ongoing monsoon session of the UP Assembly, in Lucknow.(HT Photo)
CM Yogi Adityanath and other legislators during the presentation of the supplementary budget during the ongoing monsoon session of the UP Assembly, in Lucknow.(HT Photo)
Updated on Jul 24, 2019 08:56 AM IST
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Lucknow | ByHT Correspondent

Govt, RBI monitoring NBFC crisis : FM Nirmala Sitharaman

The seriousness of the crisis in the NBFC sector became clear last year when Infrastructure Leasing & Financial Services Ltd (IL&FS) defaulted on debt, jolting the country’s financial markets.
The seriousness of the crisis in the NBFC sector became clear last year when Infrastructure Leasing & Financial Services Ltd (IL&FS) defaulted on debt, jolting the country’s financial markets. It prompted the government to seize control of the non-banking lender.(HT Photo)
The seriousness of the crisis in the NBFC sector became clear last year when Infrastructure Leasing & Financial Services Ltd (IL&FS) defaulted on debt, jolting the country’s financial markets. It prompted the government to seize control of the non-banking lender.(HT Photo)
Updated on Jul 06, 2019 11:56 PM IST
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New Delhi | By

Defence allocation same as interim budget, customs waiver for imports

The armed forces will have to prioritise their purchases for optimal utilisation of the available resources, said a senior army official who did not want to be named.
The budget includes a capital outlay of <span class='webrupee'>₹</span>1,08,248 crore for buying new weapons and systems at a time when the military plans to upgrade its capabilities with new fighter jets, submarines, artillery and other weapons.(PTI)
The budget includes a capital outlay of 1,08,248 crore for buying new weapons and systems at a time when the military plans to upgrade its capabilities with new fighter jets, submarines, artillery and other weapons.(PTI)
Updated on Jul 05, 2019 11:05 PM IST
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New Delhi | ByHT Correspondent

Budget 2019: Govt to infuse Rs 70,000 crore into state-owned banks

Unveiling Budget 2019-20, Nirmala Sitharaman said non-performing assets of PSBs have come down by Rs 1 lakh crore.
Finance Minister Nirmala Sitharaman Friday announced that the government will pump in 70,000 crore into public sector banks (PSBs) to strengthen them and enhance their lending capacity.(ANI Twitter)
Finance Minister Nirmala Sitharaman Friday announced that the government will pump in 70,000 crore into public sector banks (PSBs) to strengthen them and enhance their lending capacity.(ANI Twitter)
Updated on Jul 05, 2019 01:02 PM IST
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New Delhi | ByPress Trust of India

2 years on, a look at the hits and hurdles of Goods and Services Tax

Implementing a radical and universal reform in an economy as large as India is bound to witness teething troubles and GST did. Two years after it was implemented, the question is whether GST is moving towards its promise of improving tax collections and removing bottlenecks to trade.
The experience so far has not been encouraging on the fiscal front. The budget numbers speak for themselves.(HT Photo)
The experience so far has not been encouraging on the fiscal front. The budget numbers speak for themselves.(HT Photo)
Updated on Jul 01, 2019 08:23 AM IST
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Hindustan Times, New Delhi | ByRoshan Kishore and Rajeev Jayaswal
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