Feb 29, 2016 at 15:24 | Source: CNBC-TV18
Reacting to the Arun Jaitleys Budget speech, Dinesh Kanabar, CEO of Dhruva Advisors said the FM's decision to get some state-run companies to issue bonus debentures instead of dividends was a positive as it would reduce the strain on their cash positions.
Feb 29, 2016 at 14:02 | Source: PTI
"To provide better access to financial services, especially in rural areas, we will undertake a massive nationwide rollout of ATMs and micro ATMs in post offices over the next three years," Finance Minister Arun Jaitley said in his Budget speech for 2016-17.
Feb 29, 2016 at 13:54 | Source: Moneycontrol.com
Read Arun Jaitley's full Budget speech in Lok Sabha
Feb 29, 2016 at 13:25 | Source: Moneycontrol.com
ICICI Bank, Tata Steel, Reliance, SBI and Dr Reddy's Labs in the Sensex. ITC, Maruti, Wipro, Cipla and NTPC are down.
Feb 29, 2016 at 12:29 | Source: Moneycontrol.com
There is no respite in selling pressure in the market as FM Arun Jaitley continues his Budget speech. The Sensex is down 316.63 points or 1.4 percent at 22837.67 and the Nifty down 95.70 points or 1.4 percent at 6934.05. About 764 shares have advanced, 1388 shares declined, and 135 shares are unchanged.
Feb 29, 2016 at 11:20 | Source: Moneycontrol.com
Finance Minister Arun Jaitley says in his Budget speech that India's external situation is robust but FY16-17 will be challenging. He said that the government will make provision for bank recapitalisation and social sector in FY17. He will focus to pass GST.
Feb 29, 2016 at 11:10 | Source: Moneycontrol.com
The market rises as FM Arun Jaitley starts Budget speech. Global economy is in a serious crisis and global growth has slowed. Financial markets are battered but confidence is being built around India, says Jaitley. The Sensex is up 121.79 points or 0.5 percent at 23276.09, and the Nifty is up 32.90 points or 0.5 percent at 7062.65.
Feb 29, 2016 at 11:04 | Source: Moneycontrol.com
The Sensex is down 48.71 points or 0.2 percent at 23105.59, and the Nifty is down 15 points or 0.2 percent at 7014.75. About 894 shares have advanced, 1048 shares declined, and 119 shares are unchanged.
Feb 29, 2016 at 07:51 | Source: Moneycontrol.com
Finance Minister Arun Jaitley has presented the Union Budget 2016-17. Catch live updates here.
Feb 29, 2016 at 07:00 | Source: Moneycontrol.com
Reduction of cess on crude oil will have a positive impact of USD dollars per barrel on ONGC. A weightage average excise hike of anything above 15 percent on cigarettes will be negative for ITC.