It is that time of the year when everybody is hoping that the Finance Minister has some good news for them in the Budget. Read moneycontrol users' letters to the Finance Minister.

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    vivekghosalkar

    Pharma is the rosy sector for present and future

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    manish_vasy

    no market is overpriced n FII overreacted to repo rate cut which will have no impact on any sector psu bank will show huge growth in NPA with marginal...

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POLL

Do you see the FM announcing any radical tax reforms in the coming Budget?

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John Mathai presented the first budget for India after it became a Republic when he did so for the year 1950-51

The budget papers were earlier prepared only in English but they also started being done in Hindi from 1955-56

Jawaharlal Nehru presented a budget as a finance minister for the period 1958-59

Morarji Desai presented two budgets on his birthday even though it came just once every four years on Febraury 29

Indira Gandhi is the only female finance minister to have presented the budget

Pranab Mukherjee was the first Rajya Sabha MP to present the budget as a finance minister for 1982-83.

Morarji Desai has presented the highest number of interim and Union budgets in the history of India

Shankar Acharya has been the Chief Economic Advisor for the maximum number of union and interim budgets

The shortest interim budget speech was by H M Patel in 1977 when this was only 800 words long

Since 1980 budget papers are printed in the North Block

The 1997-98 budget had a special session convened and it passed the budget without a debate

Finance Ministers who have presented the budget in Indias history have come from only 9 states

The 1965-66 budget contained the first scheme for disclosure of black money

The exercise for zero based budgets began in 1987-88 when Rajiv Gandhi presented the budget

Jawaharlal Nehru, Indira Gandhi and Rajiv Gandhi are the only prime ministers to have presented a Union Budget

budget & the market

MARKET OUTLOOK

Siddharth Bhamre

Head- Equity Derivatives & Technical | Angel Broking

Nifty may breach higher than 9000 in Feb series: Bhamre

Ashish Chaturmohta

Head Technical & Derivatives Analysis | Fortune Equity Broker

Here are Ashish Chaturmohta's top trading ideas

Nooresh Merani

Technical Analyst | Analyse India

Here are some stock picks from Nooresh Merani

Yogesh Radke

Head Quantitative Research | Edelweiss Securities

Nifty likely to correct; unwind longs: Yogesh Radke

more from market outlook

BUDGET BETS
What to buy / sell before this budget
company price action
Bank of India 280.65-10.10 Buy
ITC 369.707.30 Buy
Hindalco 142.402.20 Sell
Ashok Leyland 66.00-2.20 Hold
Exide Ind 194.80-3.40 Sell
Bata India 1465.0021.05 Buy
BPCL 731.2525.90 Buy
Larsen 1719.3021.65 Buy
M&M 1295.25-19.15 Hold
HDFC 1309.55-35.15 Hold
classroom

TEASE YOUR MIND

Who is the only person to have presented annual and interim budgets whilst being both the Finance Minister and Deputy Prime Minister of India?

  • Manmohan Singh
  • Pranab Mukherjee
  • Morarji Desai
  • Charan Singh

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