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Shares of six insurance companies added 3% to 5% after the central government proposed to amend Insurance Act to allow higher foreign direct investment (FDI) in insurance companies.
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The FM has announced that a Bill will be introduced to set up a developmental financial institution or DFI to fund long-term infrastructure projects with a capital of Rs 20,000 crore. This DFI will lend Rs 5 lakh crore in the next three years, the FM said. Powered by Capital Market – Live News
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Finance Minister Nirmala Sitharaman announced at the start of her budget speech for FY2020 that the pillars of this budget are health and well-being, physical and financial capital and infrastructure, human capital, innovation and R&D and minimum government, max governance. She announced Rs 35,000 crore for Covid vaccine drive and noted that the budget has […]
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Finance Minister noted that the preparation of budget was undertaken in an environment like never before. Global economy, which was slowing down, was pushed into uncertainty due to COVID-19. Through the past year, the Finance Minister announced a Rs 30-lakh-crore plan. The total estimate of all relief measures announced by government & RBI so far […]
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The Money9 Budget Conclave in its first panel discussion shared views on how the Finance Minister can help alleviate the woes of the common man.
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Nirmala Sitharaman had last month stated that the budget for the fiscal year 2021-22 will be "like never before".
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The Finance Minister's speech will be closely watched as it is being touted as a historic budget.
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Money9 Budget Wishlist survey was conducted in January 2021 across TV9 Network's social media platforms. Over 11,000 respondents answered a series of multiple-choice questions. Here is what India expects from Union Budget 2021
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Investments in infrastructure can boost GDP by at least 1-2% every year, besides creating jobs. Both public and private investments and different PPP models must be explored.
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The Budget must recognise the synergy between online and blended learning.
