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Latest Articles in Economy

Budget: Realty Stock Tumble Despite Push To Affordable Housing

Shares of realty companies including DLF, Indiabulls, Prestige, Oberoi Realty among others were down by over 1 per cent in afternoon trade on Friday, July 5 despite thrust on affordable housing announced in the Union Budget. Share prices of stocks including DLF (fell by 1 per cent), Oberoi Realty (fell 3.3 per cent), Prestige Estate (2.2 per cent dip), and Indiabulls (0.5 decline reported) declined in the afternoon trade despite Finance Minister Nirmala Sitharaman saying in her maiden Budget Speech that government was planning to build 19.5 million rural houses in the second phase of its “Housing for All" program. In the last five years, the government has built 15 million rural houses", she said.

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Union Budget 2019 Aims To Boost Infrastructure & Foreign Investment

The budgets key focus remains on the announcements that asserts no changes in personal income tax rates, hikes excise duty on fuel, increased tax rate for super rich and provide additional tax relief for home loan holders.

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Emerging Markets: Caution Prevails Ahead Of US Jobs Data; India Budget In Focus

The rupee erased early losses and firmed at 68.43 per dollar, but main S&P BSE Sensex and the Nifty 50 indices lost about 0.8% after Finance Minister Nirmala Sitharaman presented the budget aimed at boosting infrastructure in several sectors.

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Lack Of Timely Action, Government Response Stoked India's Bad Loan Woes: Ex-RBI Governor

Regulators should have acted earlier, and had failed in gauging when extant assumptions were getting stretched and needed revision. He also blamed the government for not playing its role completely as the principal shareholder and manager of the economy's health.

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Welfare State – PM Modi Not Giving Up The Role Just As Yet

Referring to welfare measures, the Finance Minister said that the Government of India has decided to extend the pension benefit to about three crore retail traders & small shopkeepers whose annual turnover is less than Rs.1.5 crore.

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FM Announces A Slew Of Measures To Boost Economy, Regulatory Issues

India will become $3 Trillion Economy this year, big push to aviation, media, retail, real estate says FM

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Union Budget 2019-20: Reactions From Industry Experts

Finance Minister Nirmala Sitharaman unveiled the proposals while presenting the budget for the fiscal year ending March 31, 2020 to parliament, the first since the Hindu nationalist-led government was re-elected in a vote in April and May.

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India Proposes Opening Up Insurance, Aviation Wider To Help Revive Growth

Modi has set a target of growing India into a $5 trillion economy by 2024-2025 from $2.7 trillion

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Zero Budget Farming Agri Infrastructure One Of Key Takeaways In Union Budget 2019

The zero budget farming and investment in agriculture infrastructure are the key takeaways in the budget, while zero budget farming is the mantra of going back to basics. BW Businessworld also speaks to Subhash Palekar, Indian agriculturist and Padma Shri awardee who reinvented zero budget farming.

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Modi Government Releases Budget To Get Growth Back Up, Plans Structural Reforms

Finance Minister Nirmala Sitharaman, presenting the annual budget statement to parliament, said the government planned structural reforms to kickstart foreign and domestic investment.

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India Unveils Budget Aimed At Boosting Country's Infrastructure

Here are the highlights of Finance Minister Nirmala Sitharaman's budget for the 2019/20 fiscal year beginning April 1

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Union Budget 2019 LIVE Coverage: Exhaustive Coverage Of First Budget Of Modi 2.0

BW brings minute by minute coverage of Union Budget 2019 LIVE as Finance Minister Nirmala Sitharaman presents it.

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Budget Expectations: Private Sector Wants Sops In The Budget For Expansion Of Quality Healthcare Services To Rural India

“The ambitious PMJAY scheme (Ayushman Bharat) holds a lot of promise and has the right intent, but requires much larger budgetary allocations, a new collaborative approach, and a conducive ecosystem to ensure viability and long-term stability”, says Rajit Mehta, Chief Executive Officer & Managing Director, Max Healthcare.

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Urban Heat Islands: How Can The Government Handle The Current Climate Change Scenario Of The Country?

Focus on rainwater harvesting, storm-water management is essential, says Dr. Mahreen Matto, Water Management Programme Manager at Centre for Science and Environment

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