India Budget News 2012

Mar 18, 2015 at 08:44 | Source: PTI
The state-run carrier, which is to receive Rs 30,000 crore equity from the government for 10 years, starting April 2012, as a part of its Turnaround Plan (TAP)and Financial Restructuring Plan, has been allocated Rs 2,500 crore funds for the next fiscal. "Air India Board discussed the budget for the next fiscal.
Mar 01, 2015 at 13:45 | Source: Moneycontrol.com
"It's a budget with quite a number of incentives for the real estate sector. While disappointments remain as far as Smart City initiative and rental housing are concerned, the biggest plus is the allocation for infrastructure development," says Dhruv Agarwala, CEO, PropTiger.com.
Mar 01, 2015 at 13:44 | Source: Moneycontrol.com
"Fiscal deficit of 3.9 percent was bit disappointing after fiscal prudence path that was spelt out last year. There are number of steps/projects announced to encourage investment in infrastructure/made in India," according to Sanjay Chawla, Chief Investment Officer at Baroda Pioneer Mutual Fund.
Feb 28, 2015 at 19:06 | Source: Moneycontrol.com
Areas of concern include increase in service tax, no focus on coastal shipping as well as increase in clean energy cess on coal from Rs 100 to Rs 200 per tonne, says Alok Sanghi, Directorof Sanghi Industries.
Feb 28, 2015 at 19:05 | Source: Moneycontrol.com
According to Ritesh Jain, CIO, TATA Asset Management, The government chose to spell out its thought process for the next 4 years through the Union Budget 2015-16.
Feb 28, 2015 at 19:00 | Source: Moneycontrol.com
Just as the RBI has been 'bullet proofing' the external balance sheet we were hoping that the FM would take steps to do that for the governments balance sheet. In that context the budget was disappointing because it assumes a questionable growth rate, says Arvind Sethi, MD & CEO, TATA Asset Management.
Feb 28, 2015 at 18:24 | Source: Moneycontrol.com
Vivek Gambhir, Managing Director, Godrej Consumer Products Limited, says Finance Minister Arun Jaitley has walked the tightrope between fiscal prudence and much-needed reforms to kickstart the economy
Feb 28, 2015 at 16:17 | Source: Moneycontrol.com
While welcoming the Union Budget presented today, Pradeep Jain, chairman, Parsvnath Developers is a bit disappointed for not getting infrastructure status
Feb 28, 2015 at 08:20 | Source: CNBC-TV18
Tata Motors | Mahindra CIE Automotive | Bhushan Steel | SKS Microfinance | Dewan Housing | SpiceJet | Siti Cable | Coal India | Pidilite Industries | Electrosteel Castings | NBCC and Karnataka Bank are stocks, which are in the news today.
Feb 23, 2015 at 22:10 | Source: CNBC-TV18
According to a central government study, Indian cities faced a shortage of about 1.8 crore houses in 2012. KPMG says that number could go up to 4.4 to 4.8 crore homes by 2022. It estimates a massive investment of USD 2 trillion would be required to build these houses over the next seven years.
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