Indian Budget

Diesel price hiked by 90 paise per litre effective midnight 

May 10, 2013 at 20:27 | Source:PTI

On Friday May 10 diesel prices by Rs 1.02 litre. It was the fourth increase in prices this year.

Disruption of Parliament sets a bad precedent: Gupta 

May 09, 2013 at 14:56 | Source:CNBC-TV18

Shekhar Gupta, Editor-In-Chief, The Indian Express Group is disappointed with the fact that no bills were passed in the budget session, which was cut short by two days.

Amendments to Finance Bill, 2013 

May 03, 2013 at 19:32 | Source:Moneycontrol.com

The Finance Bill, 2013 (relating to the tax proposals of Budget 2013) has been passed by the lower house of the Indian Parliament on April 30, 2013.

SUV tax will compel modifying products to meet norm: M&M 

May 03, 2013 at 16:23 | Source:PTI

Faced with higher excise duty on its SUV models, homegrown auto major Mahindra and Mahindra today said it will be compelled to consider modifying its products to align with the new specifications for lower duty.

Mumbai restaurants to close on Monday in anti-tax protest 

Apr 28, 2013 at 21:28 | Source:PTI

Over 27,000 restaurants in Mumbai are likely to remain closed on Monday in response to a call by Indian Hotel and Restaurant Association (AHAR) to protest the imposition of service tax on partly air-conditioned restaurants in the Budget.

Better for BJP if it lets govt pass difficult bills: Gupta 

Apr 25, 2013 at 14:45 | Source:CNBC-TV18

Shekhar Gupta, Editor-In-Chief, The Indian Express believes the Budget will be passed. However, after this initial noise and anger in the first half of this Budget session he is hoping to see some business getting transacted.

Karbonn launches Smart Tab TA Fone A 37 Kommunicate 3G for Rs 9,490 

Apr 10, 2013 at 19:44 | Source:Tech2.com

While among Indian manufacturers, Micromax is setting the benchmark, Karbonn isnt all that far behind. The company has now launched a new tablet with

Inflation-indexed bonds - Bonds that go one up on inflation 

Apr 09, 2013 at 14:48 | Source:Moneycontrol.com

Budget 2013 had an interesting announcement for investors - launch of an investment that would help them go one up on inflation. Inflation-indexed bonds offer an ideal solution in times of high inflation, a problem plaguing the Indian economy for some time now. Read this space to know about Inflation-indexed bonds in detail.

India's Average IT Enterprise Budget 

Apr 09, 2013 at 13:12 | Source:BizTech2.com

Indian service providers have an opportunity to capitalise on planned increases in IT spending among Indian enterprises in 2013.

Yashwant Sinha writes to FM, calls SUV tax discriminatory 

Mar 26, 2013 at 20:46 | Source:CNBC-TV18

The Standing Committee on Finance has called the government's move to impose additional tax on SUVs as discriminatory. Chairman of the Committee Yashwant Sinha has written to P Chidambaram opposing the move to Tax SUVs and he wants luxury cars to be taxed instead.

Sebi allows FIIs to use govt, corporate bonds as collateral 

Mar 21, 2013 at 15:08 | Source:PTI

In a move that would help boost flow of overseas funds into Indian capital markets, regulator Sebi today allowed FIIs to offer government securities and corporate bonds as collaterals for their cash and derivative transactions on the stock exchanges.

Sensex to hit record high by December: Reuters Poll 

Mar 19, 2013 at 21:32 | Source:Reuters

Indian stocks will hit a record high this year on looser monetary policy and fiscal reforms, but concerns over a widening budget deficit could limit the upside, a Reuters poll predicted.

Karbonn launches Titanium S5 for Rs 11,990 

Mar 19, 2013 at 18:19 | Source:Tech2.com

Indian handset maker Karbonn Mobiles has launched a new budget smartphone, the Titanium S5. The flagship handset is priced at Rs. 11,990 and is currently

Expect FY14 to be better than FY13: IOB CMD 

Mar 16, 2013 at 14:16 | Source:CNBC-TV18

M Narendra, CMD of Indian Overseas Bank spoke to CNBC-TV18, on slidelines of CFO awards, regarding his outlook for the financial year 2013-14.

See India growth at $1200-1300/capita in 5 years: KV Kamath 

Mar 15, 2013 at 16:40 | Source:CNBC-TV18

Late management guru CK Prahalad in his last public lecture presented a vision for an inclusive India, an India with a robust economy, technological vitality and vibrant modern leadership. He called this vision India@75.

India still attractive; post-Budget reform key: Damani 

Mar 14, 2013 at 18:41 | Source:CNBC-TV18

The finance minister (FM) needs a booming stock market to yoke the fiscal deficit. A buoyant market will help the FM reach disinvestment target of Rs 56,000 crore, rather easily besides making it even more attractive for foreign institutional investors (FIIs).

Relax! India will outperform by year-end: Credit Suisse 

Mar 12, 2013 at 16:26 | Source:CNBC-TV18

"Personally, my own strategy is to buy the dips. So with recent correction, we actually are highlighting India now as one of the four cheapest markets in the region," Sakthi Siva of Credit Suisse told CNBC-TV18 in an interview.

Budget Analysis: Panel set up to prepare blueprint for all-women bank 

Mar 08, 2013 at 19:54 | Source:PTI

Finance Minister P Chidambaram has set up a committee of bankers and other experts to prepare a blueprint for all-women bank that is likely to become operational by November.

India more vulnerable to global woes Vs other EMs: Axis Cap 

Mar 08, 2013 at 10:34 | Source:CNBC-TV18

Liquidity has been the key driver of Indian market and will remain so going ahead, says Nandan Chakraborty of Axis Capital. However, he cautions that India is more vulnerable to global volatility compared to other emerging markets (EMs).

Expect Sensex at 22,000 by 2013-end: Standard Chartered 

Mar 07, 2013 at 12:12 | Source:CNBC-TV18

The Indian market was weak ahead of the Budget, but has been quite volatile after that, with earnings growth now being the main cause of uncertainty, says Clive McDonnell, head of EM equity strategy at Standard Chartered Bank, speaking to CNBC-TV18.

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