Mar 19, 2015 at 20:29 | Source: CNBC-TV18
To compete with global financial cities like Hong Kong, Dubai and Singapore, the Modi government is planning to notify rules for International Financial Cities, as promised by the Finance Minister in his Budget speech, by April 1.
Mar 14, 2015 at 15:12 | Source: CNBC-TV18
John Veihmeyer, global chairman, KPMG says it is not just about how fast India is growing. It is about Indias contribution to the rest of the network in terms of resources, thought leadership and number of things that are helping it be a major source of innovation
Mar 11, 2015 at 21:28 | Source: PTI
Drawing a comparison, he said the corporate tax rate was 25 percent or less in other ASEAN nations, which were India's main competitors. "The reduction in corporate tax rate is expected to make India competitive, it is expected to make India as an attractive destination for investments, for both domestic and for global investors.
Mar 09, 2015 at 14:22 | Source: CNBC-TV18
Amisha Vora of Prabhudas Lilladher says earnings need time to catch up and there has been no short-term booster dose that has come from the government through the Budget. Hence India continues to remain vulnerable to each global event
Mar 03, 2015 at 17:58 | Source: Moneycontrol.com
Finance Minister has done a fine job of prioritising the wish list based on the impact on growth and inflation
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.