Mar 02, 2015 at 19:33 | Source: PTI
To curb gold imports and monetise large idle stocks of the precious metal, Finance Minister Arun Jaitley in his Budget 2015-16 had proposed introducing a gold monetisation scheme, which will replace both the present gold deposit and gold metal loan Schemes.
Mar 02, 2015 at 16:36 | Source: Reuters
Government bonds fell and swap rates surged on Monday on concerns the central bank would delay interest rate cuts after the Budget set a higher-than-expected fiscal deficit target.
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 13:40 | Source: Reuters
Finance Minister Arun Jaitley on Saturday announced a budget that put boosting growth before painful reforms, slowing the pace of fiscal deficit cuts and seeking to put domestic and foreign capital to work.
Mar 02, 2015 at 12:22 | Source: CNBC-TV18
Indian markets may correct in the near term as increasing attractiveness in Asian peers as well as the Budget event being out of the way may take a toll, according to Manishi Raychaudhuri of BNP Paribas.
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 10:31 | Source: Moneycontrol.com
Accordint to Angel Broking, Indian Rupee will trade sideways today as higher fiscal deficit target in the budget will exert pressure. However, optimism in Asian equities after rate cut from china will be supportive.
Mar 02, 2015 at 10:00 | Source: Moneycontrol.com
Axis Bank, L&T, HDFC twins and BHEL are top gainers in the Sensex. ITC is still down 3 percent while GAIL, Wipro, Tata Power and Sesa Sterlite are among the losers.
Mar 02, 2015 at 09:08 | Source: Moneycontrol.com
The government's debt burden and subsidy spending continue to constrain fiscal flexibility said Standard & Poor's, while praising the government's commitment to keeping the fiscal deficit low despite lower-than-expected revenue growth
Mar 02, 2015 at 09:02 | Source: Moneycontrol.com
The Budget impact on the currency will be muted though there could be some short-term disappointment from the fiscal deficit target being higher than market expectations, says Agam Gupta of Standard Chartered.