Budget 2019 puts brakes on some funds for states



Nirmala Sitharaman has designed the revenue mix in such a way that while Centre’s share in taxes would grow a massive 25 per cent, states’ share would grow a dismal 6 per cent.



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New twist in IndiGo founders' feud



IndiGo promoter Rakesh Gangwal has written a letter to markets regulator Sebi flagging governance issues at the company and has accused fellow co-founder Rahul Bhatia and his firms of indulging in questionable related-party transactions.



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Govt sets October deadline for sale of Air India



Sources in the know said the government would initiate talks with businesses, including Tatas, shortly for divesting its stake in the national carrier.



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Can Modi 2.0 improve the economy?



Change will have to begin with Mr Modi, who by all accounts has shown little active interest in macro-economic issues, preferring instead to focus on the effective implementation of projects and programmes, points out T N Ninan.



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PM forms 2 Cabinet panels to spur growth, create jobs



Economy has become a major cause of concern for the new government with GDP dropping to 5.8 per cent in the last quarter of the 2018-19.



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Arun Jaitley to attend IMF-World Bank meeting in April



RBI Governor Shaktikanta Das and Finance Secretary Subhash Chandra Garg are also expected to attend the meetings.



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