Coronavirus: India, Peru cross China’s official infections tally

The number of India’s coronavirus infections crossed China’s official toll of infections, where the virus originated last year. Meanwhile, the finance minister announced reforms for the agriculture sector under the Atmanirbhar Bharat campaign. Read More
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Govt’s second tranche of stimulus pack focuses on labourers, farmers

Finance minister Nirmala Sitharaman revealed the government’s second plan with the Atmanirbhar Bharat Abhiyan stimulus package. While the first trance focused on MSMEs, the second focused on migrant workers, farmers and the poor. Read More
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Atmanirbhar Bharat: Govt unveils ₹5.5 lakh crore for MSMEs

A day after PM Narendra Modi’s announced a ₹20 lakh crore stimulus package to boost the coronavirus-hit economy, finance minister Nirmala Sitharaman unveiled the first plan of ₹5.5 lakh crore focusing on putting life into the country’s MSMEs. Read More
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Government announces FDI reforms to push economic growth

The government has announced reforms in foreign direct investment in India, including 100% FDI under automatic route in coal mining and contract manufacturing. The centre has also approved 26% overseas investment in digital media and relaxed FDI norms for single brand retailers. Read More
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Plan to invite private companies to operate on some rail routes

The government has planned to form a holding company named the Indian Railway Rolling Stock Company, like CRRC Corporation Limited of China, that will independently control and manage the private companies. Read More
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Finance ministry restricts media entry, but says no ban is in place

The finance ministry has placed restrictions on the entry of reporters into North Block, days after the pre-Budget quarantine period for two months got over. Only accredited journalists with prior appointment with a ministry official are allowed access in the ministry. Read More
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After Budget announcement, petrol and diesel prices up by ₹2

Petrol and diesel prices have gone up by ₹2 per litre all over India after announcement by the finance minister, Nirmala Sitharaman, about imposition of excise duty of ₹1 and road and infrastructure cess of ₹1 per litre on both petrol and diesel in the Union Budget 2019. Read More
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Union Budget 2019: Now, Isro allocated ₹12,473 crore for FY19-20

The Union Budget allocation for the Indian space programme is estimated to go up by 11 per cent to about ₹12,473 crore, which is revised from the estimate of around ₹11,200 crore in 2018-19. Read More
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Budget 2019: No new relief on I-T, defence modernization on hold

The government unveiled the full-fledged Union Budget for the current financial year, on Friday. Union finance minister Nirmala Sitharaman presented her maiden Budget in Parliament. Read More
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Sitharaman tables Economic Survey 2019, 7% growth projected

Union finance minister Nirmala Sitharaman tabled the economic survey in Parliament, on Thursday, which projected gross domestic product growth at 7 per cent in the 2019-20 fiscal year from an estimated 6.8 per cent in the previous year. Read More
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