Mar 16, 2012 at 14:36 | Source: PTI
The Indian airline industry today got a major relief with the government allowing it to raise capital through external borrowings worth USD one billion for a year, as it planned to allocate Rs 4,000 crore to ailing Air India.
Mar 16, 2012 at 14:22 | Source: Reuters
Indian car makers heaved a sigh of relief and saw their shares soar after the federal budget did not hike taxes on diesel cars, in a boost for diesel-focused manufacturers such as Mahindra and Mahindra and Tata Motors.
Mar 16, 2012 at 10:07 | Source: Reuters
India's businesses, already facing high interest rates and a global economic slowdown, worry that the finance ministry will ask them to shoulder a bigger tax burden in the budget set for release on Friday to trim the fiscal deficit.
Mar 01, 2011 at 12:00 | Source: Moneycontrol.com
Indian Budget is presented in a tone of 'All is well'. Lets hope that this attitude is with a view to face the problems staring at us with a positive mind set rather than an Ostrich like behaviour of not recognising them.
Feb 28, 2011 at 15:33 | Source: CNBC-TV18
The rate of tax on dividends received by an Indian company from its foreign subsidiary has been lowered to 15% for improving flow of such funds into India. In an interview with CNBC-TV18, Mukesh Butani, Partner, BMR Advisors, speaks about the move.
Feb 28, 2011 at 13:59 | Source: Moneycontrol.com
Punita Kumar Sinha, senior MD of the Blackstone Group, finds a 4.6% fiscal target very ambitious at present. She also says that the budget doesnt change the perception which foreign institutional investors have of the Indian market.
Feb 28, 2011 at 10:04 | Source: CNBC-TV18
However, in an interview to CNBC-TV18, Pankaj Vaish, MD, Markets (South Asia), Citi said that Indian market is getting very nervous pre-budget.
Feb 28, 2011 at 07:14 | Source: Reuters
The embattled government faces the daunting task of appeasing voters weary of high inflation while trying to tame its fiscal deficit when it presents its budget for the next fiscal year today at 11 AM.