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As On 26-Sep-2022 15:30 PM
SENSEX
57,217.63
-881.29 (-1.52%)
NIFTY
17,021.55
-305.80 (-1.76%)
    No Companies Visited

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  • Aim to work on passage of GST, Bankruptcy Code

    * Indian econ still bright spot despite challenges * GDP grew notwithstanding global meltdown * India GDP has accelerated to 7.6% now * India's external situat...* Indian econ still bright spot despite challenges * GDP grew notwithstanding global meltdown * India GDP has accelerated to 7.6% now * India's external situation is robust

    * Must carry out reforms

    * Must have prudent fisc policy, up domestic demand

    * Pay panel, defence pension to add to spending in FY17

    * FY16, FY17 will be extremely challenging for govt spend

    * Must continue with pace of reforms

    * Must ensure growth does not slow down

    * Must ensure macro-economic stability

    * Strengthened firewalls against global risks

    * Plan spend increased under FY16 revised estimates

    * Risk of global slowdown is mounting

    * Money with govt belongs to people

    * We had to work in unsupported global environment

    * Forex reserves highest ever at $350 bln

    * Foreign exchange reserves are at highest ever level

    * FY16 CAD projected at 1.4% of GDP

    * To make significant changes in FDI policy

    * To incentivise gas exploration

    * Aim to work on passage of GST, Bankruptcy Code

    * FY17 priority to give additional resources to rural areas

    * Need to provide for bank recapitalisation

    * Must prioritise spending in FY17

    * Managed to improve FY16 fincl condition on revenue buoyancy

    * Infra invest to enhance quality of life

    * To have prudent mgmt of govt expenses for fiscal prudence

    * To focus on tax reforms

    * To undertake tax reform to improve compliance

    * To focus on prudent mgmt of govt finance

    * To focus on governance, ease of doing business

    * To focus on infra investment

    * To provide dispute resolution for PPP platform

    * Allotted 90 bln rupees for Swachh Bharat mission

    * Allotted 1.5 bln rupee for land record digitalisation FY17

    * 7.5 mln households gave up LPG subsidy

    * Jaitley sits down, continues Budget speech

    * 1 bln rupees for birth anniversary of Guru Gobind Singh

    * 1 bln rupees for birth anniversary of Deen Dayal Upadhyay

    * Interim provision made for pay panel suggestions execution

    * Committed to fincl requirements of announced econ packages

    * Made interim provision for seventh pay panel

    * To up MSME category turnover cap to 20 mln rupees

    * To drive towards self-sufficiency in hydrocarbon sector

    * Jaitley stands up, continues Budget speech

    FISCAL HEALTH

    * To have fiscal deficit target range

    * FY17 fiscal deficit target at 3.5% of GDP

    * FY16 fiscal deficit pegged at 3.9% of GDP

    * Prudence lies in adhering to fiscal targets

    FY16 REVISED

    * FY16 revenue deficit 2.5% of GDP

    * Ensured development agenda is not compromised

    FY17 ESTIMATES

    * FY17 total expenditure 19.78 trln rupee

    * FY17 total spend at 19.78 trln rupees

    * FY17 non-plan expenditure 14.3 trln rupees

    * FY17 plan expenditure 5.5 trln rupee

    * Total resources to states in FY17 at 996 bln rupees

    * To scrap plan, non-plan expenditure distinction

    * To do away with plan, non-plan classification of spending

    * Plan allocation to stress on rural, infra, social sectors



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Flash News 26-Sep-2022
  •  ( 15:25) HAL sets up rocket engine manufacturing unit for ISRO  
  •  ( 13:34) Nifty hovers at 17,100; European stocks rise  
  •  ( 13:00) Akzo Nobel inks LoIs with two Indian startups  
  •  ( 12:37) Sensex plummets 731 pts, Nifty below 17,100, VIX jumps over 6%  
  •  ( 12:34) Sagar Cements appoints K.V.Vishnu Raju as chairman  
  •  ( 11:40) Balaji Amines commissions Phase 1 of plant  
  •  ( 11:31) Auto shares fall for 2nd day  
  •  ( 11:31) Barometers turn rangebound  
  •  ( 10:46) Infibeam Avenues consolidates its internantional business  
  •  ( 09:59) Laxmi Organic resumes operations at Raigad plant  
  •  ( 09:56) Laxmi Organic slips on temporarily suspending operations of plant  
  •  ( 09:34) Weak market breadth  
  •  ( 09:33) Nifty below 17,150 level  
  •  ( 08:48) Samvardhana Motherson announces 1st acquisition in Japan  
  •  ( 08:13) Asian stocks trading lower  
Show News
26 September 2022 15:27
3432.00
(1.13 %)
743.25
(-3.30 %)
7260.45
(-3.28 %)
1677.50
(-2.60 %)
754.25
(-2.17 %)
4125.00
(-0.35 %)
2314.00
(-1.65 %)
906.05
(1.19 %)
1429.10
(-1.20 %)
2662.30
(-0.63 %)
861.35
(-2.42 %)
1147.40
(-3.03 %)
1381.05
(1.16 %)
332.45
(-3.99 %)
1825.60
(-1.98 %)
1853.45
(-0.22 %)
1238.40
(-2.59 %)
8806.75
(-5.75 %)
18482.50
(-0.13 %)
158.95
(-3.11 %)
200.00
(-1.28 %)
2377.00
(-2.56 %)
545.40
(-0.92 %)
902.55
(-1.98 %)
99.90
(-4.17 %)
2995.00
(0.41 %)
1031.00
(-0.40 %)
2653.95
(-0.69 %)
6140.05
(-0.10 %)
394.75
(0.09 %)
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