Budget Highlights

Trump proposes $ 54 billion increase in defence spending 

Feb 27, 2017 at 21:30 | Source:PTI

Highlighting what Trump has described as a "public safety and national security budget," the plan raises national defence spending -- already the highest in the world -- by almost 10 per cent, an official said on condition of anonymity.

Union Budget 2017-18: 'Affordable housing positive for developers & banks' 

Feb 03, 2017 at 08:22 |

Affordable housing being given Infrastructure status is a welcome move and will help in the Housing to all by 2022 mission it is a big and positive move for developers, banks and housing finance companies.

Budget 2017 to boost consumer demand in B2B & B2C market 

Feb 02, 2017 at 15:48 |

The Budget has a positive tone and is in the right direction. The focus on the infrastructure and manufacturing sector will benefit lubricant manufacturers, since we expect this to boost consumer demand in the B2B and B2C market segments.

Budget 2017 may encourage fresh inflows in debt: Avnish Jain 

Feb 02, 2017 at 15:16 |

The Union Budget has undertaken a fine balance between fiscal prudence and spending by slightly increasing the fiscal deficit target to 3.2 percent of GDP for FY18.

Budget sent positive signals to investors: Experts 

Feb 02, 2017 at 15:16 | Source:PTI

Along with experts interpreting the budget, Girija Pande, chairman of the Singapore-based Apex Avalon Consulting Pte Ltd, also applauded the decision to abolish Foreign Investment Promotion Board (FIPB), saying it had "long outlived its utility and was a hurdle to large foreign investments into India".

Budget 2017 is optimistic and realistic: Raghupati Singhania 

Feb 02, 2017 at 15:14 |

From a macro point of view, the Budget presented by the Finance Minister is a growth-oriented one with special focus on rural, agriculture and infra sectors.

Union Budget 2017-18: Revival of real estate needs continued support, says Emaar India 

Feb 02, 2017 at 15:01 |

The Budget presented today focusses on ramping up spending on infrastructure, provides the necessary impetus to Housing for All program and continues the structural reforms initiated couple of years ago.

Proposed political funding reforms 'inconsequential': ADR 

Feb 02, 2017 at 14:54 | Source:PTI

Association for Democratic Reforms (ADR) keeps a close tab on elections as well as related topics, including on finances of political parties.

Union Budget 2017-18: Big infrastructure push a major takeaway, says Arun Lakhani 

Feb 02, 2017 at 14:51 |

A big infrastructure push along with a substantial hike in provisions for the National Highways in the Union Budget for 2017-18 is a major takeaway and I congratulate the Finance Minister for the growth oriented approach.

Budget aims at fiscal improvement; debt a rating constrain: S&P 

Feb 02, 2017 at 14:42 | Source:PTI

Finance Minister Arun Jaitley presented the Budget for next fiscal in Parliament yesterday in which he planned to cut fiscal deficit to 3.2 percent and 3 percent of GDP for next financial year and 2018-19 respectively. The deficit in the current fiscal is estimated to be 3.5 percent of GDP.

Political parties must file ITR by Dec or lose exemption: Govt 

Feb 02, 2017 at 13:30 | Source:PTI

It is also changing the law to keep the identity of the donor confidential who buys the just-introduced electoral bonds from banks to make such donations.

Union Budget 2017-2018 Review: CARE Ratings 

Feb 02, 2017 at 12:54 |

Indias Economic performance in 2016-17, in the backdrop of significant developments and disturbances in the global and domestic economic environment has moderated as highlighted in the Economic Survey.

Budget 2017: Here's what industy experts have to say 

Feb 02, 2017 at 11:52 |

Since Governments emphasis on defence preparedness has been the Central theme, we would have been happy if some incentives by way of tax exemption or deferment on loan payments would have been announced for domestic industry.

Budget 2017 to drive growth in rural India: Monsanto India 

Feb 02, 2017 at 11:46 |

The Union Budget 2017 has focused on Indias agriculture sector and the country's farmers to drive growth in rural India while continuing to propel the nations economic engine.

Budget 2017 strong on macro-economic intent: Govind Shrikhande 

Feb 02, 2017 at 11:44 |

In line with the PMs vision to dismantle bureaucracy, the FMs announcement to abolish the FIPB and further liberalize the FDI policy deserves a round of cheer! The governments continuous focus to bolster the digital economy is definitely applause-worthy.

FM presented a balanced Budget 2017-18, says Microsoft India 

Feb 02, 2017 at 09:20 |

According to Anant Maheshwari, President, Microsoft India, Finance Minister has presented a balanced Budget, underlined by the continued push to using technology to aid a digital economy.

Budget 2017 to bring positive structure to economy: Anil Sardana 

Feb 02, 2017 at 09:13 |

Anil Sardana, MD & CEO, Tata Power is of the view that the efforts that the government has undertaken to bring a positive structure into the economy by moving towards a policy based administration with an increased focus on digitisation.

Union Budget 2017-18: Government is on fast track mode, says Gagan Banga 

Feb 02, 2017 at 09:07 |

Gagan Banga, Vice Chairman and Managing Director, Indiabulls Housing Finance is of the view that the Government is on a fast track mode - building a sustainable ecosystem for both developers and home buyers.

Culture Ministry's Budget hiked by over 10% 

Feb 02, 2017 at 09:04 | Source:PTI

Of the total budget, Archaeological Survey of India would get Rs 924.37 crore while Rs 243.01 crore have been earmarked for centenaries and anniversaries of famous personalities, celebrations and schemes, according to the Budget presented by Finance Minister Arun Jaitley in Parliament .

Budget allocation to Water Resources Ministry hiked by 11% 

Feb 02, 2017 at 09:02 | Source:PTI

The Finance Ministry has increased allocation for its ambitious Namami Gange programme from Rs 2150 crore for the on-going fiscal to Rs 2250 crore for next financial year, according to the Water Resources Ministry.

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