Mar 02, 2015 at 21:29 | Source: PTI
"The medium-term fiscal consolidation strategy is less aspiring than in the past, which is negative from a sovereign rating perspective," Fitch said. Global rating agencies rule out upgrade for India within a yr
Mar 02, 2015 at 18:43 | Source: PTI
Explaining the benefits, a global senior tax consultant Aditya Hans said, "the basic rate of taxing income of non-residents in the nature of royalty and FTS from 25 percent to 10 percent on a gross basis will encourage foreign companies to go in for technology transfer to India.
Mar 02, 2015 at 17:19 | Source: PTI
According to global financial services firm Morgan Stanley, "The Budget does not have any measures that would disturb the current entrenched disinflation trend".
Mar 02, 2015 at 15:48 | Source: CNBC-TV18
Ace economist Sanjeev Sanyal, Deutsche Banks Global Strategist, believes that the Union Budget 2015 lays down the groundwork for a multiyear process but adds that he would wait to see how the various changes outlined in it pan out on the ground.
Mar 02, 2015 at 15:48 | Source: PTI
The Budget has received a mixed response from global rating agencies with the US-based S&P saying that the annual financial document seeks to keep the fiscal deficit in check despite subdued revenue growth.
Mar 02, 2015 at 13:18 | Source: CNBC-TV18
The company may look to import iron ore if global prices correct.
Mar 02, 2015 at 10:41 | Source: CNBC-TV18
Even as Indian equities have looked slightly expensive on price-to-earnings basis, they are still cheap on a relative basis when compared to global markets and have further scope to expand, according to Credit Suisse India Equity Strategiest Neelkanth Mishra.
Mar 02, 2015 at 08:01 | Source: CNBC-TV18
The Indian market is expected to open in green with the SGX Nifty, an indicator of pre-market opening, trading at 8999, up 105 points around 7:50 hrs.
Mar 01, 2015 at 13:37 | Source: Moneycontrol.com
the deferment of GAAR by two years, the budget would be received favorably in most quarters of the global investor community. Budget is not very expansionary which will assuage the concerns of the RBI, leading to a likely reducation in the interest rates.
Mar 01, 2015 at 13:34 | Source: Moneycontrol.com
"The budget has announced a few initiatives in healthcare sector, some of the notable ones are the proposition of 5 new AIIMS is promising and we are glad that the government is stepping up the healthcare infrastructure in every state," says Manpreet Sohal, CEO, Global Hospitals Mumbai & Hyderabad.