Morgan Stanley and HSBC each cut their India's economic growth forecasts for 2013/14 to 6.0 per cent from 6.2 per cent to reflect lower-than-expected growth in the October-December quarter. ...
10:49 AM, Mar 13, 2013
New Delhi: In a bonanza to the farming community, the government on Monday announced loans at interest rate of four per cent -- three per cent less than market rate -- for farmers who pay their dues in time and raised the credit target for farm sector by Rs 1 lakh crore. "The existing interest subvention scheme of providing short-term crop loans at seven per cent interest rate will continue...
12:28 PM, Feb 28, 2011
New Delhi: The salaried class and the farmers can expect some goodies from the Finance Minister Pranab Mukherjee. Keeping an eye on assembly elections in five states, in Budget 2011-12, Mukherjee is likely to give tax concessions to the salaried class and offer incentives to farmers to give relief from high prices. It is widely expected that the Budget will raise the income tax exemption limit to Rs 1.80 lakh...
08:50 AM, Feb 28, 2011
