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Jaitley goes for growth, delays cut in fiscal deficit
NEW DELHI (Reuters) - Finance Minister Arun Jaitley on Saturday announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit.
Posted on : 2015-02-28 07:04:59
India defers anti-tax avoidance rules by 2 years - finmin
NEW DELHI (Reuters) - India has deferred the roll out of anti-tax avoidance rules (GAAR) by two years to April 1, 2017, Finance Minister Arun Jaitley said on Saturday, when presenting the government's full-year budget.
Posted on : 2015-02-28 07:03:48
Expert views: India to delay anti-tax avoidance rules for foreign investors
MUMBAI (Reuters) - India's Finance Minister Arun Jaitley said on Saturday the government would delay the implementation of planned General Anti-Avoidance Rules (GAAR) by two years, while saying it would make no distinctions between foreign direct investments and foreign portfolio investments.
Posted on : 2015-02-28 07:03:26
Jaitley proposes tax overhaul to allow REIT listing
NEW DELHI (Reuters) - Finance Minister Arun Jaitley has proposed an overhaul of capital gains taxes to pave the way for the listing of Real Estate Investment Trusts (REITs) in the country, when presenting the government's full-year budget on Saturday.
Posted on : 2015-02-28 07:01:20
Sensexs gain on GAAR delay, plan to reduce corporate tax rate
MUMBAI (Reuters) - The BSE Sensex and Nifty rose nearly 1 percent on Saturday, recovering from earlier falls after Finance Minister Arun Jaitley proposed to cut the corporate tax rate over the next four years and delayed the implementation of planned General Anti-Avoidance Rules (GAAR) by two years.
Posted on : 2015-02-28 06:55:09
India to spend $40 billion on defence in 2015/16
NEW DELHI (Reuters) - India plans to spend 2.46 trillion rupees ($40 billion) on the defence sector in 2015/16, Finance Minister Arun Jaitley said on Saturday, when presenting the government's full-year budget.
Posted on : 2015-02-28 06:49:48
India to develop a sovereign gold bond
NEW DELHI (Reuters) - India plans to develop a sovereign gold bond, Finance Minister Arun Jaitley said on Saturday, when presenting the government's full-year budget.
Posted on : 2015-02-28 06:41:29
Highlights: Budget 2015/16
REUTERS - India will meet a "challenging" fiscal deficit target of 4.1 percent of its gross domestic product (GDP) in the year to March 31, Finance Minister Arun Jaitley said on Saturday, when presenting the government's full-year budget.
Posted on : 2015-02-28 06:40:38
Expert views: India says will ease foreign investment categories
MUMBAI (Reuters) - Finance Minister Arun Jaitley said on Saturday the government would make no distinctions between foreign direct investments and foreign portfolio investments in a bid to simplify rules for overseas inflows.
Posted on : 2015-02-28 06:37:07
India to introduce internationally competitive tax regime
NEW DELHI (Reuters) - India plans to introduce a direct tax regime that is internationally competitive on rates and without exemptions, Finance Minister Arun Jaitley said on Saturday, when presenting the government's full-year budget.
Posted on : 2015-02-28 06:31:54
India to increase investment in infrastructure in 2015/16
NEW DELHI (Reuters) - India will increase investment in India's infrastructure by 700 billion rupees ($11.35 billion) in the fiscal year 2015/16, Finance Minister Arun Jaitley said on Saturday, when presenting the government's full-year budget.
Posted on : 2015-02-28 06:24:44
Finance minister announces plan for "ultra mega" power projects
NEW DELHI (Reuters) - Finance Minister Arun Jaitley has proposed building five "ultra mega" power projects of 4,000 megawatts each, when presenting the government's full-year budget on Saturday.
Posted on : 2015-02-28 06:22:29
Budget announces bank to fund small entrepreneurs
MUMBAI (Reuters) - India will set up a bank to facilitate funding for the small entrepreneurs that make up the backbone of the country's economy, Finance Minister Arun Jaitley said in his budget speech on Saturday.
Posted on : 2015-02-28 06:21:33
Jaitley goes for growth, slower fiscal deficit cuts
NEW DELHI (Reuters) - Finance Minister Arun Jaitley on Saturday announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit.
Posted on : 2015-02-28 06:18:21
U.S. judge denies Ranbaxy bid to reinstate approvals for Valcyte, Nexium copies
MUMBAI (Reuters) - A U.S. federal judge has denied Indian generic drugmaker Ranbaxy Laboratories Ltd's bid to reinstate approvals granted to it to launch the first copies of the heartburn drug Nexium and the antiviral Valcyte, a court document showed.
Posted on : 2015-02-28 06:09:47
India to meet fiscal deficit target this year - Jaitley
NEW DELHI (Reuters) - India will meet a "challenging" fiscal deficit target of 4.1 percent of its gross domestic product (GDP) in the year to March 31, Finance Minister Arun Jaitley said on Saturday, when presenting the government's full-year budget.
Posted on : 2015-02-28 05:57:06
Highlights - Budget 2015
REUTERS - India's gross domestic product in the fiscal year 2015/16 is expected to grow between 8 and 8.5 percent, Finance Minister Arun Jaitley said on Saturday when presenting the government's first full-year budget.
Posted on : 2015-02-28 05:52:51
Jaitley unveils budget for growth, investment
NEW DELHI (Reuters) - Finance Minister Arun Jaitley announced a budget for growth on Saturday, saying the economy was ready to "fly", that the government would boost investment and ordinary people should benefit.
Posted on : 2015-02-28 05:51:50
Greece runs out of funding options despite euro zone reprieve
BRUSSELS/ATHENS (Reuters) - Greece is running out of options to fund itself despite a four-month bailout extension, raising pressure on Athens to quickly implement reforms it has vocally opposed or default on debt repayments in a matter of weeks.
Posted on : 2015-02-28 01:15:04
Global stock markets mixed after revised U.S. GDP
NEW YORK (Reuters) - U.S. stocks were down slightly on the last trading day of February as mixed economic data made investors cautious, while European shares broke multi-year records ahead of the European Central Bank's planned injection of 60 billion euros to spur growth.
Posted on : 2015-02-27 22:10:53
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