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Budget 2013 Highlights

Aug 19, 2014 at 15:59 | Source: PTI
Indian steel consumption grew by just 0.6 percent in 2013-14 fiscal, its lowest in four years, to 73.93 million tonnes (MT), mainly impacted by a slower expansion of the domestic economy and lower imports.
Aug 16, 2014 at 13:45 | Source: IBNLive.com
Modi also highlighted that his government has taken important steps to improve indigenous defence technology. He said, "In the Budget we have taken several steps for defence offsets. We dream to make India strong to export defence equipment to the world."
Aug 05, 2014 at 12:08 | Source: Moneycontrol.com
The policy noted that CPI inflation, excluding food and fuel decelerated further, extending the decline that began in September 2013. But continuing uncertainty about the path of the monsoon, it would be premature to conclude that future food inflation and its spill-over to broader inflation can be discounted.
Jul 20, 2014 at 17:37 | Source: PTI
It said that Rs 62,543 crore was pending at the end of March 2011, Rs 70,572 crore at the end of March 2012 and Rs 1,02,581 crore at the end of March 2013.
Jul 15, 2014 at 12:59 | Source: Moneycontrol.com
Angel Commodities has come out with its analysis on Budget 2014-15. "The budget charisma is now done with and investors focus should move towards the monsoon progress in India, developments in the global market and in turn its impact on the Indian economy", says the report.
Jul 15, 2014 at 12:59 | Source: Moneycontrol.com
Microsec has come out with its analysis on Budget 2014-15. "Its a growth oriented Budget and India is on the path of MODIfication", says the research firm.
Jul 15, 2014 at 12:59 | Source: Moneycontrol.com
According to GEPL Capital, the budget was positive & showed the Governments intent to achieve the Fiscal Deficit target of 4.1% in FY15 & control expenditures. Fiscal Deficit prediction is 3.6% for FY16 & 3% for FY17, says the report.
Jul 15, 2014 at 12:59 | Source: Moneycontrol.com
Dolat Capital has maintained its positive stance on the markets though near term consolidation will be most likely scenario. Valuations at 14.6xFY16E are in the fair range. One can utilise corrections to add to the portfolio, says the report.
Jul 14, 2014 at 19:11 | Source: Moneycontrol.com
CARE Ratings has come out with its analysis on the Union Budget 2014-15. "GDP growth is likely to be in the range of 5.4% - 5.9%", says the rating agency.
Jul 14, 2014 at 18:49 | Source: Moneycontrol.com
The union budget 2014 is positive for the equity market due to the steps taken to encourage foreign portfolio investments and attract domestic household savings into financial savings instruments Moreover, we expect policy announcements outside of the budget, says Sharekhan.
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