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BUDGET 2019 REACTION
Budgeting in style: When Sitharaman ditched the briefcase & carried a tablet in a red 'bahi-khata'Finance Minister Nirmala Sitharaman will present her eighth consecutive Budget using a digital tablet enclosed in a traditional 'bahi-khata...- Markets yearn for another Sitharaman spark: Will history repeat this Budget?Rumors of a complete Income Tax Act revamp to simplify it are circulating, though implementing it in one go seems challenging. Bold reforms...
- 'Everybody's favourite slab!' Amul gets quirky with new topical on Budget 2023This was Sitharaman’s fifth full Budget after she took over as Finance Minister in July 2019.
- Budget 2023: New tax regime, hiked cigarette prices invoke hilarious memes on TwitterThe Finance Minister has announced 16 per cent increase in NCCD on cigarettes.
- How markets have reacted to Budget for last 10 years under 4 different FMsFinance minister Nirmala Sitharaman delivered the budget on 1 February. The Nifty rose for the second consecutive time on the Budget day an...
- The three indicators that are priming India's post-Covid pandemic economyThe major revelation in Budget 2022-23 was a confidence in presentation of the facts, figures and forecasts. It is this confidence that has...
- Indian economy may contract 25 per cent in current fiscal: Economist Arun KumarKumar further said that due to a big decline in the GDP during the current financial year, the budget estimates have gone completely out of...
- Govt proposes guarantee on debt to tide over liquidity challenge in NBFC, HFC sectorTo address the liquidity constraints of non-banking financial companies (NBFCs) and housing finance companies (HFCs), the government propos...
- Will Budget drag or set market on fire on Saturday? History holds cueOn Budget day in the last 10 years, the market has fallen or risen over 1% on five occasions and ended lower thrice.
- Committed to fiscal consolidation without compromising on expenditure:FMNirmala Sitharaman said economic growth was much a focus of Budget as was national security.
- Tinkering with taxes for foreign and domestic investors negative for market: Samir AroraI do not think this will revive the market in the short term, says Helios Capital founder.
- In one stroke, FM put stock market on a downward journey, and how!There were certain hard-core punches, which will change the dynamics in certain industries.
- Bouquets & brickbats: India Inc, economists shoot holes in Nirmala's BudgetAt best, it was an incremental Budget. No bold steps. No visionary things, said Aiyar.
- Budget won’t stimulate short-term recovery; big measures missing: India IncThe budget presented by the Narendra Modi government in its second term after a resounding victory in the Lok Sabha elections is aimed at a...
- 2% tax on large bank cash withdrawal excellent move: Amar Ambani, YES SecuritiesBody blow to HNIs by levying high surcharge on the rich, Ambani said.
- Swami's first reaction: No bold step, no vision; at best an incremental BudgetAiyar expressed uneasiness over what he called a very high disinvestment target.
- Budget reaction: Priti Rathi hails tax revisions; Neerja Birla, GOQii CEO positive about healthcarePiyish Goyal's debut Budget had a little something for everyone.
- Market outlook: Why it’s better to stay in cashThere will still be some follow-up reactions to the Budget for a couple of days.
- Why MOSL’s Yogesh Mehta is gung-ho on this theme in 2018“Traction in IT is getting better and better after two years of dull environment.”
- 2018 will not be as hunky dory as 2017 for markets: Gautam Chhaochharia, UBS“Response of the government in terms of policy stance will be critical for market direction”
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