PM Garib Kalyan Yojana | More than 42 crore people get ₹68,820 crore financial aid
PTI The National Social Assistance Programme disbursed about ₹2,814.5 crore to about 2.81 crore old-age persons, widow and differently-abled persons, a statement from Finance Ministry said.
Garib Kalyan Rojgar Abhiyaan | Railways generate over eight lakh man-days of work
PTI The Garib Kalyan Rojgar Abhiyaan was launched with an initial funding of ₹50,000 crore.
Parley: Does the Budget do enough in providing a stimulus to growth?
Suresh Seshadri By not cutting spending despite constraints, the Budget ensures momentum doesn’t backslide
A government that is clueless on the economy
Pulapre Balakrishnan Listening to the Budget speech, one would hardly get any indication of either the economic slowdown or the unemployment rate, which is the highest in decades
A Budget exercise that is designed for stressed times
T.T. Ram Mohan The FM deserves credit for keeping the capital expenditure steady amid receipts shortfall; but her plan does not meet market expectations of sweeping reformsSensex pares intra-day gains to end 52 points lower; Nifty slips below 11,350
PTI BSE index ended 51.88 points lower.Rupee settles 25 paise lower at 73.63 against US dollar
PTI The rupee depreciated 25 paise and settled at 73.63 (provisional) against the US dollar on Tuesday amid rise in demand for the American currency from banks and importers. At the interbank forex market, the rupee started off on a tepid note at 73.63 and finally closed at 73.60 against the greenback, down 25 paise over its previous close. The local unit traded in a range of 73.37 and 73.64 per US dollar during the session. On Monday, the rupee had settled at 73.35 against the US dollar.
‘Global economy to contract 4.4%, China to grow at 2.7%’
PRESS TRUST OF INDIA Fitch sees ‘positive global spillovers’ from China’s recovery
Super Auto to re-enter defence
N Anand Forgings firm setting up ₹500-cr. unit to also cater to sector
Bharat Dynamics crashes 14% as govt. divests stake
Special Correspondent Retail buyers get ₹20 discount in OFS
Reliance unveils details of O2C business spinoff plan
PTI RIL has started work on hiving off the oil-to-chemical (O2C) business into a separate unit for a possible stake sale to companies.