Live Breaking News & Updates on Union budget 2021

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Business News: A populist Budget with a rural slant: What could be in Budget 2022?

A populist Budget with a rural slant: What could be in Budget 2022? : Rashtra News #populist #Budget #rural #slant #Budget It takes almost six months to prepare the Union budget. The finance minister and her core team then devote a critical fortnight in January to freeze the document, usually a week before its presentation

India , Uttarakhand , Uttaranchal , Uttar-pradesh , Manipur , Sudhir-kapadia , Lok-sabha , Arun-jaitley , Deepak-bagla , Rajiv-kumar , Vikas-vasal , Nirmala-sitharaman

Gold: How you will soon be trading the gold in your treasure chest like a stock

Despite being second only to China in terms of gold consumption, India remains a price taker for gold in global markets. One of the reasons for this is that gold is held in physical form in our country, as there is no real opportunity of electronically holding it or trading in it.

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hindustan unilever: Unilever may write back ₹59mn provision without 'goodwill'


Unilever may write back ₹59mn provision without ‘goodwill’
An amount of ₹186 million was accounted in 2020 for tax amortisation of intangible assets, including goodwill, related to Horlicks in India, the maker of Dove shampoo and Knorr soups said in its latest annual report.
Synopsis
Hindustan Unilever announced the acquisition of GSK Consumer Healthcare in an all-stock deal two years ago, valuing the Indian business of GSK at ₹31,700 crore.
Unilever will write back a provision of ₹59 million (₹510 crore) from its income tax statement if a proposal in India’s latest budget to exclude goodwill from tax is enacted.
An amount of ₹186 million was accounted in 2020 for tax amortisation of intangible assets, including goodwill, related to Horlicks in India, the maker of Dove shampoo and Knorr soups said in its latest annual report.

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Centre invites bids for over 392 routes under regional air connectivity scheme


Centre invites bids for over 392 routes under regional air connectivity scheme
Under the Ude Desh ka Aam Nagrik (UDAN), which will complete four years this year, as many as 325 routes and 56 airports have been operationalised till now. These include five heliports and two water aerodromes
PTI | March 14, 2021 | Updated 11:32 IST
Some operational flexibilities will be extended to airlines under the UDAN 4.1 to ensure suitable operation models to connect smaller cities/ airstrips
The civil aviation ministry has invited bids for around 392 routes under the regional air connectivity scheme as part of continuing efforts to improve domestic connectivity as well as make flying more affordable.

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LIVE: Second Parliament Session to commence today

Bollywood actor Mithun Chakraborty, who joined the BJP on Sunday, has given a new colour to the West Bengal Assembly election.

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Second part of Parliament's Budget session starts today with Covid measures


The second part of the Budget session of Parliament will commence from Monday with all COVID-19 precautionary measures in place.
The Rajya Sabha will function from 9 am to 2 pm while Lok Sabha will function between 4 pm to 10 pm. The second part of the session will conclude April 8, Lok Sabha Speaker Om Birla had informed.
The Budget Session of Parliament, which commenced with the address of President Ram Nath Kovind on January 29, concluded on February 29. The Union budget was tabled in the Parliament by Union Finance Minister Nirmala Sitharaman on February 1.
The Lok Sabha clocked 99.5 per cent productivity during the first phase of the two-part Budget session of Parliament, Lok Sabha Secretariat said. Birla informed that during the first part of the Budget Session 2021, Lok Sabha sat for 49 hours and 17 minutes against the stipulated time of 50 hours.

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Post-Budget cheer: FPIs on buying binge, invest Rs 25,787 cr in equities in Feb


Post-Budget cheer: FPIs on buying binge, invest Rs 25,787 cr in equities in Feb
They pumped in a net Rs 25,787 crore into equities but took out Rs 2,124 crore from the bond market between February 1-26, according to depositories data
BusinessToday.In | February 28, 2021 | Updated 16:44 IST
Foreign Portfolio Investors (FPIs) remained net buyers for the second successive month in this calender year
Overseas investors infused Rs 23,663 crore in Indian markets in February owing to positive sentiment due to the Union Budget 2021-22 and robust third quarter (Q3) earnings.
Foreign Portfolio Investors (FPIs) remained net buyers for the second successive month in this calender year. They pumped in a net Rs 25,787 crore into equities but took out Rs 2,124 crore from the bond market between February 1-26, according to depositories data.

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