OPPORTUNITIES

Swift and broad based growth in 2010-11 has put the economy back to its pre-crisis growth trajectory. Fiscal consolidation has been impressive.
Significant progress in critical institutional reforms that would set the pace for double-digit growth in the near future.
Dynamism in the rural economy due to scaled up flow of [...]

The suspense of the railway budget 2011 has been undone today. Railway Minister Mamata Banerjee today presented the third budget in UPA-II in the Lok Sabha. The budget seems to be a combination of strong economic focus along with enclosures. The Railway minister said that there will not be any [...]

Indian Finance Minister Pranab Mukherjee will present the federal budget for the next fiscal year on Feb. 28, the minister for parliamentary affairs said Friday.
Mukherjee will table the budget papers for the year starting April 1 in the lower house of parliament, Pavan Kumar Bansal told mediapersons.
The railway budget and the annual economic survey [...]

Railway Minister and Trinamool Congress chief Mamata Banerjee called on Union Finance Minister Pranab Mukherjee at the latter’s residence late on Friday.
During the meeting, Mukherjee sought help from the Trinamool chief in the smooth conduct of business in the coming budget session of Parliament.
Addressing media jointly after meeting, Mukherjee said: “I discussed with her [...]

India is considering allowing newprivate sector banks, including by industrial houses, and aroadmap for the same could be announced in the annual UnionBudget to be presented later this month.
While the formal and final guidelines would be announcedby RBI on who should be allowed to set up new banks and whatshould be the terms and [...]

Finance Minister Pranab Mukherjee  discussed the economic situation with financial sector regulators, including Reserve Bank of India Governor and Sebi chief, and sought their inputs for the 2011-12 budget that will be unveiled on February 28.
This was the second meeting of the high-level Financial Stability and Development Council (FSDC) within a month. The first [...]

Ahead of the Budget 2011-12, Finance Minister Pranab Mukherjee on Tuesday said the government is conscious of concerns regarding infrastructure development and investment in research and development (R&D). “The government is conscious of two major concerns relating to the pace of development of infrastructure and investments in R&D,” Mukherjee said while addressing India Inc [...]

Finance Minister Pranab Mukherjee today asked Income Tax (I-T) officials from across the country to maximise tax collections as he talked to them through video conferencing from the national capital.
Mukherjee addressed the Chief Commissioners of Income Tax (CCsIT) and other senior I-T officials in 48 cities from office of the Chairman of Central Board [...]