Finance Minister Piyush Goyal Friday announced a capital expenditure allocation of Rs 1.58 lakh crore for the Railways, the highest ever for the national transporter, in an effort to put its flagging revenues back on track.
The BSE benchmark Sensex rallied over 500 points in afternoon trade Friday, driven by consumption and auto stocks as investors welcomed individual tax exemptions and sops in the farm sector announced in the interim Budget.
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The Government Friday decided to hike the gratuity limit from Rs 10 lakh to Rs 30 lakh and also announced a Mega Pension Yojana under which Rs 3,000 per month will given to unorganised sector employees.
Opposition parties in Lok Sabha on Friday protested alleging "leak" of budget proposals to the media before being presented in the House.
The Government on Friday announced Rs 6,000 per year cash support to small and marginal farmers that will cost the exchequer Rs 75,000 crore annually, in a bid to provide relief to distressed farm sector.
Former finance minister P Chidambaram Friday raised doubts over the GDP figures, wondering how the economy is growing at 7 per cent when the unemployment rate was the highest in 45 years.
Two unidentified militants were killed in an encounter with security forces on Friday in Jammu and Kashmir's Pulwama district, police said.
A day before high-powered selection committee is to meet to decide the new CBI chief, the government has appointed four officers in the central agency, officials said Thursday.
New Delhi: Notorious underworld don Ravi Pujari who was absconding in foreign countries since fifteen years has been arrested in West African nation of Senegal on Thursday, media reports suggest.
