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.

  • Posted by:

    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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  • Posted by:

    Golden_Bull

    accidentally posted here, i was posting on defence board but accidentally posted here.

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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

Jai Bala

Chief Market Technician | cashthechaos.com

See Nifty at 9500 in Mar if it breaches 8900 soon: Jai Bala

Siddharth Bhamre

Head- Derivatives | Angel Broking

Buy mkt now, meaningful fall unlikely before expiry: Bhamre

Kunal Bothra

Sr Technical Analyst | LKP

Here are some stock picks from Kunal Bothra

Sachin Shah

Fund Manager | Emkay Global Financial Services

Mkt undertone still buoyant; like both HDFC, HDFC Bk: Emkay

more from market outlook

BUDGET BETS
What to buy / sell before this budget
company price action
Axis Bank 565.000.05 Buy
Maruti Suzuki 3608.6510.95 Buy
Yes Bank 875.3020.70 Buy
Yes Bank 875.3020.70 Buy
KPIT Tech 219.107.50 Buy
Transport Corp 272.00-8.10 Buy
Premier Explo 297.502.80 Hold
Orient Cement 183.80-6.25 Buy
South Ind Bk 27.950.10 Buy
Polaris Consult 158.75-11.30 Buy
classroom

TEASE YOUR MIND

Which sector of the economy dominated the initial years of the budget?

  • Agriculture
  • Healthcare
  • Infrastructure
  • Telecom

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