financetom
Economy
financetom
/
Economy
/
A week in review: Here are the top stories from this week
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
A week in review: Here are the top stories from this week
Jul 5, 2019 11:16 PM

A look back at some of our biggest and best stories from this week. In case you missed them, here's a recap:

Share Market Live

NSE

1. Nirmala Sitharaman Interview: Finance minister says Budget 2019 to kick-start virtuous cycle of investment

The Union Budget for the fiscal year 2019-2020 will kick-start the virtuous cycle of investments, said Finance minister Niramala Sitharaman in an exclusive interview with CNBC-TV18.

2. With Air India divestment on the cards, government may further liberalise FDI in aviation

In the background of Air India divestment on the cards, the government on Friday said it will look at further liberalising the foreign direct investment (FDI) norms in aviation.

3. Union Budget 2019: How the budget proposals will affect your personal finance

Presenting her first budget, Union Finance Minister Nirmala Sitharaman increased the tax on the super-rich and announced incentives for those wanting to buy an affordable house or an electric vehicle. The overall tax on petrol and diesel and gold is increased.

4. Union Budget 2019: 'Study in India', says Nirmala Sitharaman; allocates Rs 400 crore for education

The Modi government wants India to turn into a hub of higher education for students from abroad. In her maiden Budget speech, finance minister Nirmala Sitharaman announced the ‘Study in India’ initiative, to boost the country’s status as an academic destination.

5. What Budget 2019 did not have for startups

While the angel tax issue was largely resolved in Budget 2019, other important issues largely remained unaddressed by the Finance Minister, according to industry experts.

6. Economic Survey 2019: India needs savings from abroad to trigger investment, says CEA Krishnamurthy Subramanian

In an exclusive interview to CNBC-TV18, Subramanian said corporates should tap more into external commercial borrowings as this is a tangible step to push private investment and lower fiscal deficit and will bring down India’s interest cost in market borrowings.

7. Union Budget 2019: How finance minister Nirmala Sitharaman walked the fiscal tightrope

Finance minister Nirmala Sitharaman has walked a tight-rope well in her first budget. She has created room for bank recapitalisation and offered a window to NBFCs besides increasing the total budgeted capital expenditure versus the interim budget and still managed to achieve fiscal discipline.

8. Rahul’s resignation: What next for Gandhi family scion and his party

Rahul Gandhi broke free of the Indian National Congress neck lock and put out an open letter resigning as Congress president. His Twitter bio changed to reflect his new status - member of the Indian National Congress. He wrote in his letter: “As President of the Congress Party, I am responsible for the loss of the 2019 elections. Accountability is critical for the future growth of our party."

And, accountability is the question that the Grand Old Party needs to debate.

9. Matrimony.com to dial down on wedding services, grow match-making business

Several months after making a big-bang foray into the wedding services space, online matchmaker Matrimony.com has told CNBC-TV18 that it is still working on “getting the business model” right before it begins scaling up its wedding services.

10. Shares of this stockbroking firm has jumped 1,000% in last 3 years, do you own it?

This stock, in the last three years, has jumped nearly 1,020 percent. An investment of Rs 1 lakh in the stock three years back would have grown to about Rs 11.20 lakh today.

Click here to find out.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EXPLAINER-What is Trump doing - and not doing - to tackle the US debt?
EXPLAINER-What is Trump doing - and not doing - to tackle the US debt?
Feb 11, 2025
WASHINGTON, Feb XX - President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to slash spending and dramatically downsize the 2.3 million strong civil service. He has deputized billionaire Elon Musk to head a Department of Government Efficiency that is combing through payment and personnel records. Trump told reporters on...
JPMorgan sees investment banking fees rising by mid-teens percentage in first quarter
JPMorgan sees investment banking fees rising by mid-teens percentage in first quarter
Feb 11, 2025
NEW YORK (Reuters) -JPMorgan Chase's investment banking fees have grown by a mid-teens percentage so far in the first quarter as clients' economic optimism grows, Chief Operating Officer Jennifer Piepszak said on Tuesday. Wall Street profits have surged in recent months as banks benefited from a recovery in dealmaking against the backdrop of a strong U.S. economy. Industry executives have...
Few mourn the US penny as Trump moves to kill it
Few mourn the US penny as Trump moves to kill it
Feb 11, 2025
(Reuters) - Nour Ismail, a cashier at the All-Star Deli & Grocery in Manhattan, says the handful of pennies tossed into the bodega's tip jar by the end of the day is mostly a nuisance, rather than a welcome reward for good service. As a tip, pennies are nearly worthless, the 24-year-old said, adding that the offering shows customers' kindness...
Few mourn the US penny as Trump moves to kill it
Few mourn the US penny as Trump moves to kill it
Feb 11, 2025
(Reuters) - Nour Ismail, a cashier at the All-Star Deli & Grocery in Manhattan, says the handful of pennies tossed into the bodega's tip jar by the end of the day is mostly a nuisance, rather than a welcome reward for good service. As a tip, pennies are nearly worthless, the 24-year-old said, adding that the offering shows customers' kindness...
Copyright 2023-2026 - www.financetom.com All Rights Reserved