Union Budget 2012

What Procedure Was Followed To Delay Budget In 2012: Election Commission Asks Government

The Election Commission has written to the Cabinet Secretariat seeking fresh details, including the procedure followed by the government to delay the presentation of the Union Budget in 2012.

Stop Union Budget Before March 8, Opposition Asks Election Commission

The budget, set to be announced just three days before five states including Uttar Pradesh start voting, must be rescheduled, opposition parties said to the Election Commission today.

What Budget 2012 holds for Rashtrapati Bhawan

The budgetary allocation for the President's household establishment this year has seen a nominal increase of Rs eight lakh from Rs 19.04 crore to Rs 19.12 crore.

Jayalalithaa, Nitish, BJP on Union Budget

The Union Budget presented by Finance Minister Pranab Mukherjee has so far not provoked any criticism from either the DMK of Mamata Banerjee's Trinamool Congress, both senior partners in the ruling coalition.

Union Budget 2012: Pranab Mukherjee's full speech

Today's Budget is one of the biggest challenges of Pranab Mukherjee's long political career and the Finance Minister set the tone for it when he described the year gone by as a "year of recovery interrupted." He began with listing grim ground realities - the global economic scenario, the battle with double digit inflation and said it was time for t...

When time comes, will have to bite the bullet on subsidies, asserts PM

Amid signs of a fraying relationship between the Congress and its allies, the former has some relief. The Union Budget presented by Finance Minister Pranab Mukherjee has so far not provoked any criticism from either the DMK of Mamata Banerjee's Trinamool Congress, both senior partners in the ruling coalition.

Budget 2012: When Pranab-da quoted Hamlet

Finance Minister Pranab Mukherjee invoked Shakespeare during the Budget presentation on Friday to indicate the tough and perhaps thankless nature of his job.

India hikes defence spending to Rs 1,93,007 crore

India on Friday hiked the Defence budget for 2012-13 to Rs 1,93,007 crore ($42 billion) to fuel rapid modernisation of its Army, Navy and Air Force.

Union Budget 2012 - Highlights

Today's Budget is one of the biggest challenges of Pranab Mukherjee's long political career and the Finance Minister set the tone for it when he described the year gone by as a "year of recovery interrupted." He began with listing grim ground realities - the global economic scenario, the battle with double digit inflation and said it was time for t...

No problem in rollback of speech, says Pranab

Injecting a note of levity in his sombre Budget presentation, a smiling Finance Minister Pranab Mukherjee told the Lok Sabha on Friday that he had no problem in a "rollback of the speech".

Pranab's deputy, a DMK leader, skips Budget

Finance Minister Pranab Mukherjee presented his seventh Budget today, but his Minister of State SS Palanimanickam was not with him in the Lok Sabha. The DMK leader is in Tamil Nadu instead with his party chief M Karunanidhi. The DMK had earlier this week assured the UPA that it would not embarrass or destabilise the government. Mr Palanimanickam sa...

Union Budget 2012

Mamata Banerjee has her way, PM to sack Dinesh Trivedi: Sources

The senior-most leaders of the Congress were forced into an emergency meet at the Prime Minister's house late tonight to discuss Mamata Banerjee's request to sack her party colleague, Dinesh Trivedi, as Railways Minister. Sources say the PM will accept Ms Banerjee's request; and her nominee Mukul Roy will replace Mr Trivedi in the Union cabinet.

Union Budget may be presented in mid-March

The Union Budget may be presented around the middle of March in view of the ongoing Assembly elections, Finance Minister Pranab Mukherjee indicated today.