Budget 2015; reforms & infra push in news!

THE ECONOMIC TIMES Sat, Feb 07, 2015 | 11:14 AM IST Weekly Platter Newsletter

Budget 2015: Meet PM Narendra Modi's core team of top officials ET profiles the Budget Team that's drafting the document that finance minister Arun Jaitley will stand up to read in Parliament in 26 days. read more No rate cut from RBI: Rajan sees some positives; but here's what's worrying him RBI governor Raghuram Rajan flagged certain worries on the domestic and international front that held him back from cutting interest rates further. Govt may increase lock-in period for PPF; higher interest rate for 20-yr tenure According to sources in Finance Ministry, those who invest in PPF will be able to withdraw after 8 years, as against the current 6-year lock-in period.

Editor's Pick Why Kerala is increasingly housing some of Asia's largest car showrooms There are 22 car brands such as Toyota, Maruti & BMW, & one motorbike brand, Harley Davidson, selling their wares on either side of Kochi highway. Former AAP volunteer Karan leads money laundering charge against Kejriwal The irony is hard to miss for Aam Aadmi Party. The Delhi elections, this time, has been more about fighting former fellow travellers than BJP or Congress. India's first international finance centre set to take off in Gujarat by April Originally, an IFC — an offshore centre with different tax, currency and securities regulations — was envisaged in Mumbai, the country's financial capital. Budget 2015: Rajan for raising savings limit beyond Rs 1.5L for tax benefits The RBI Governor said that benefits of this instrument have been lost over time as the limit was anchored at Rs 1 lakh for a long time.

Most Popular This Week Haldiram's surpasses combined sales of McDonald's & Domino's Guj plans Rs 1k-cr Dholera airport project to take on world's best in Dubai Rs 80k-cr unspent funds to help Jaitley meet fiscal deficit target for FY15 Now, cash on delivery of train tickets at your doorstep Budget 2015: Jaitley to unveil slew of measures, torque up investments

Story of The Week TCS, Cognizant widen lead over India's IT industry, increase strength in banking & financial verticals Third-placed Infosys added over $1 billion in 2010 and 2011, but dropped to much below $1 billion in next three years. read more

Money Time to be fearful or greedy? How to trade Sensex when it's at an all-time high The most rewarding investments were made when the index was floundering. At a PE of 12, the average 1-year returns have been a whopping 57%. Here's why you shouldn't just bank on NPS, consider retirement mutual funds Unlike the NPS, the maturity proceeds from these retirement schemes will be tax free because long-term capital gains from equity funds are not taxable.

Stock Round Up ​Sensex down 133 points, logs worst weekly drop in 2 months Nifty slipped 50.65 points, or 0.58 per cent, to close below 8,700 mark at 8,661.05. It hovered between 8,645.55 and 8,726.20 intra-day.

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