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Oil Subsidy, Rupee may Push Fiscal Deficit above 5 Percent

New Delhi: Widening oil subsidy and weakness in rupee are likely to push India's fiscal deficit above 5 percent in the current financial year...

Banks as Insurance Brokers – a Welcome Move

New Delhi: Accepting the long-pending demand of the insurance sector, Finance Minister P. Chidambaram Thursday announced that banks would be allowed to become insurance...

Rs.9,000 Crore Earmarked as GST Compensation for States

New Delhi: Finance Minister P. Chidambaram Thursday earmarked Rs.9,000 crore in the budget for compensating state governments in case of any loss due to...

Budget Highlights

New Delhi: Highlights of the budget for 2013-14 presented by Finance Minister P. Chidambaram in the Lok Sabha on Thursday: No revision of personal income...

PPP Mode for Raising Coal Production

New Delhi: Finance Minister P. Chidambaram Thursday said the public-private-partnership (PPP) model should be followed to raise coal production. "One of the ways forward (to...

Chidambaram’s Budget Focuses on Economic Revival

New Delhi: Amid high expectations of reversing the sharp slowdown in growth, Finance Minister P. Chidambaram presented India's 82nd budget in the Lok Sabha...
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Music Lovers Enamoured by the Enchanting Music at Rajarani

The pleasant weather with soothing cold in the evening at the verdant premises of the magnificent Rajarani temple bedecked with colourful lights and...