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Updated : Jul 5, 2019

Rupee settles 8 paise higher at 68.42 vs USD on Budget day

The rupee pared early losses Friday to settle 8 paise higher at 68.42 against the US dollar as market participants said fiscal deficit and gross borrowings announced in the budget were broadly in-line with expectations.

Updated : Jul 4, 2019

Union Budget: CII, FICCI suggest ideas to handle jobs crisis

While CII wants flexibility in hiring, the industry seems to have climbed down from wanting a section of The Industrial Disputes Act of 1947 changed

Updated : Jul 4, 2019

Budget 2019: Sweet Spot For States

The fiscal deficit of states is lower than estimated, while their share in central taxes and GST compensation has increased.

Updated : Jul 4, 2019

Govt likely to let budget deficit rise as tax receipts fall short

Slipping fiscal discipline would hurt the "credibility" of the budget and in turn hit investment, the bond market and the rupee, analysts say

Updated : Jul 4, 2019

Budget 2019: Govt likely to allocate Rs 30,000 crore to PSU banks

The fund allocation to PSBs will be crucial to restore the health of the banks which have been grappled with various issues, such as rising bad loans, delays in resolution of large cases under the insolvency and bankruptcy code and liquidity crisis

The first big test for Modi 2.0 is the budget to be tabled next month. One expects this year's budget to set the tone for the government's policy for the next five years.

Updated : Jul 4, 2019

Budget 2019: Key tax issues Modi 2.0 must address

Come July, when the Finance Minister Nirmala Sitharaman under Modi 2.0 government presents her maiden budget, much like a selector who picks the cricket team for the world cup, her choices and actions will attract bouquets and brickbats in equal measure.

Reactions

Rupee settles 8 paise higher at 68.42 vs USD on Budget day

Union Budget: CII, FICCI suggest ideas to handle jobs crisis

Budget 2019: Sweet Spot For States

Govt likely to let budget deficit rise as tax receipts fall short

Budget 2019: Govt likely to allocate Rs 30,000 crore to PSU banks

Budget 2019: Key tax issues Modi 2.0 must address

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