Budget Today

Nifty ends below 8850: Here's what you should buy now 

Jan 30, 2015 at 16:25 | Source:CNBC-TV18

Among other sectors, Prakash Diwan believes the rally witnessed in metal space today was more of a pre-Budget rally. Metals have bottomed out, he added. He also suggests buying infra space and capital goods now as these sectors are likely to rally over the next two weeks.

SpiceJet joins low fare race 

Jan 28, 2015 at 11:05 | Source:PTI

The bookings under the three-day "Super Sale" offer can be made from today for a travel period between February 15 to June 30, SpiceJet said in a release. The offer comes two days after its competitor AirAsia India announced a discount fare scheme with a seven-day booking window period.

SpiceJet shares slump nearly 8% on fresh financial worries 

Jan 21, 2015 at 12:19 | Source:PTI

Shares of SpiceJet today tumbled nearly 8 percent after Mumbai Airport asked the budget carrier to immediately pay the pending dues of Rs 5 crore and provide a bank guarantee of Rs 15 crore.

FM holds pre-Budget meet with representatives of IT sector 

Jan 14, 2015 at 20:08 |

Speaking at the pre-Budget consultative meeting with the IT (Hardware & Software) groups in New Delhi today, the FM said that success of Digital India initiative will rely on the IT/BPM sector for design, deployment and its continued success.

SpiceJet up 10% ahead of revival plan submission to govt 

Dec 26, 2014 at 10:42 |

"Beleaguered budget carrier SpiceJet would submit a revival plan to the government today on the basis of a proposed investment of USD 200 million from founding promoter Ajay Singh and US-based JP Morgan Chase," reports media quoting unnamed official sources.

SpiceJet resumes operation, pays cash to buy jet fuel 

Dec 18, 2014 at 12:29 | Source:PTI

Troubled airline SpiceJet today resumed operations after being forced to cancel over 150 flights with oil marketing companies refusing to refuel its planes forcing the budget carrier to pay Rs three crore last evening to buy jet fuel.

Govt to consider 14th Finance Comm recos before Budget 

Dec 15, 2014 at 21:58 |

The Fourteenth Finance Commission today submitted its report to President Pranab Mukherjee.

General Motors sales down 33% at 4,157 units in Nov 

Dec 01, 2014 at 14:07 | Source:PTI

General Motors India today reported a 33.1 per cent decline in sales at 4,157 units in November as against 6,214 units in the same month last year.

Here's what transpired at the Mint Budget Conclave 

Jul 30, 2014 at 16:24 | Source:CNBC-TV18

The eminent panelist at the Mint Budget Conclave discussed about the Budget in detail, comparing todays India to the India in 1991.

Budget carriers roll out another sale offer starting Rs1699 

Jul 15, 2014 at 20:31 | Source:PTI

The travel period for the three-day sale, which commences from today, will remain valid between August 18 and September 30.

FM Jaitley eases foreign investors' concerns on retro tax 

Jul 11, 2014 at 21:18 | Source:CNBC-TV18

Jaitley met a high level German delegation led by Deutsche Bank's co-CEO Juergen Fitschen today, who maintained that the FM's assurance will give confidence to foreign investors.

SBI, PNB likely to tap capital market this year: Finmin 

Jul 11, 2014 at 21:13 | Source:PTI

Public sector SBI and PNB could be among the first banks to tap capital market this financial year to raise funds to meet global risk norms Basel III, a top finance ministry official said here today.

Nifty below 7500, Sensex crashes 348 pts; midcaps bleed 

Jul 11, 2014 at 14:00 |

Banks, capital goods, metals and realty stocks were beaten out of shape in today's trade. BHEL was down 9 percent, Hindalco lost 6 percent while SBI, L&T and Tata Steel were other losers in the Sensex. Both midcaps and smallcaps which had seen robust rally in the run up to the Budget saw massive selling today.

Indian Rupee may trade on mixed note today: Angel 

Jul 11, 2014 at 13:51 |

From the intra-day perspective, expect Indian Rupee to trade on a mixed note today on the back of in-line budget expectations declared by the government yesterday, says Angel Broking.

Sensex, Nifty rise post Budget day; Infosys up 3% on Q1 nos 

Jul 11, 2014 at 09:15 |

Big mover today is Infosys after it posted better-than expected April-June quarter earnings. The stock is up 3 percent.

Markets to take cue from global factors & earnings 

Jul 11, 2014 at 08:43 |

For market today the big trigger, which is the Union Budget is now out of the way, so there will be more focus on how exactly the markets perform based on global cues, earnings as well as monsoon trajectory is and how government is going to achieve the fiscal prudent targets that they put out.

Budget hangover or Infosys Q1 holds key for market today? 

Jul 11, 2014 at 08:27 |

According to a CNBC-TV18 poll, dollar revenue growth is expected to improve to 2.2 percent, but may lag its peers. Margins are likely to remain under pressure while FY15 dollar revenue guidance is seen to be maintained at 7-9 percent.

Budget addresses concerns of all sections of society: Goyal 

Jul 10, 2014 at 20:30 | Source:PTI

Calling it a "transformative" Budget focussed on policy initiatives, Power Minister Piyush Goyal said the measures announced today will take care of all sections of society and boost the economic growth of the country.

S&P calls India's Budget cautious but no impact on ratings 

Jul 10, 2014 at 19:56 | Source:Reuters

"The commitment of the new Indian government to maintaining the trend of fiscal consolidation would benefit the sovereign's credit fundamentals. However, the budget announced today has opted for a cautious approach toward tackling some of the economy's structural weaknesses," S&P said in a statement.

Union Budget 2014: Jaitley presents mixed bag; market, industry puzzled 

Jul 10, 2014 at 18:36 | Source:CNBC-TV18

Arun Jaitley's Union Budget today too was not exactly overflowing with specific timelines for tackling some of the vexatious issues. The market first dropped sharply, then rallied with even greater force, before closing on a subdued note, but well off the days lows.

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