Business

Vehicles will get more expensive so are refrigerators, ACs, washing machines, watches, cosmetics and tobacco products.

Rs 15458 crore has been earmarked for higher education while school education has received Rs 45969 crore.

Pranab Mukherjee says he has chosen to take the conservative route by pegging fiscal deficit at 5.1 per cent of GDP growth.

Delhi Metro officials said they were satisfied with the budgetary allocation announced in the Budget as it was on the expected lines.

In a sop to Indians travelling abroad, he also proposed to raise the duty-free baggage allowance, which was last revised in 2004.

According to the survey, FY13 growth is expected to come in at 7.6 per cent and FY14 growth is pegged at 8.6 per cent.

Biocon chief Kiran Mazumdar Shaw tweeted on Thursday saying the Trinmaool Congress was going to be a bane for West Bengal.

Railway Minister Dinesh Trivedi was sacked just hours after he presented the Rail Budget on Wednesday, reportedly on TMC chief Mamata Banerjee's asking.

The government is under tremendous pressure to keep the Trinamool Congress, its fiery ally satisfied.

The UPA government increased price of petrol and diesel 25 times in the last eight years leading to escalation in passenger and freight charges.

BJP leader Yashwant Singha has criticised the Rail Budget, saying his party will oppose it on many issues.

The new proposals include bio-toilets, special house keeping body and coaches for differently-abled passengers.

Sources say that the government is likely to impose a safety cess, although it will not be labelled a fare hike.

With the steam out already, the credit policy may after all turn out to be a non-event for the market.

Anand Sharma argued that India had already exported 85 lakh bales, more than the estimated 84 lakh bales.

After a strong growth over the last two years, two-wheeler sales seem to have hit speed bumps.