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Union Budget 2013 Highlight

Feb 23, 2015 at 12:49 | Source: Firstpost.com
There are three important markers for deciding how successful the government has been in getting the opposition to play ball: the insurance FDI bill, the coal mines amendment bill (which enables the allotment of mines for captive use to private companies), and the land acquisition bill.
Feb 23, 2015 at 09:42 | Source: Moneycontrol.com
December quarter earnings were dismal with many large cap companies disappointing missing estimates by a wide margin. In the case of many state-owned banks, the numbers were downright disastrous, highlighting the problem of bad loans which the government will have to fix at some point
Aug 25, 2014 at 16:19 | Source: Moneycontrol.com
CARE Ratings has come out with its report on RBI's annual report 2013-14. According to the rating agency there are signs of a pick-up in the economy. "GDP growth will range between 5.2-5.5% and a clear view will emerge when the impact of monsoon on kharif crop is obtained", says the report.
Jul 15, 2014 at 12:59 | Source: Moneycontrol.com
Angel Commodities has come out with its analysis on Budget 2014-15. "The budget charisma is now done with and investors focus should move towards the monsoon progress in India, developments in the global market and in turn its impact on the Indian economy", says the report.
Jul 15, 2014 at 12:59 | Source: Moneycontrol.com
Microsec has come out with its analysis on Budget 2014-15. "Its a growth oriented Budget and India is on the path of MODIfication", says the research firm.
Jul 15, 2014 at 12:59 | Source: Moneycontrol.com
According to GEPL Capital, the budget was positive & showed the Governments intent to achieve the Fiscal Deficit target of 4.1% in FY15 & control expenditures. Fiscal Deficit prediction is 3.6% for FY16 & 3% for FY17, says the report.
Jul 15, 2014 at 12:59 | Source: Moneycontrol.com
Dolat Capital has maintained its positive stance on the markets though near term consolidation will be most likely scenario. Valuations at 14.6xFY16E are in the fair range. One can utilise corrections to add to the portfolio, says the report.
Jul 14, 2014 at 19:11 | Source: Moneycontrol.com
CARE Ratings has come out with its analysis on the Union Budget 2014-15. "GDP growth is likely to be in the range of 5.4% - 5.9%", says the rating agency.
Jul 14, 2014 at 18:49 | Source: Moneycontrol.com
The union budget 2014 is positive for the equity market due to the steps taken to encourage foreign portfolio investments and attract domestic household savings into financial savings instruments Moreover, we expect policy announcements outside of the budget, says Sharekhan.
Jul 14, 2014 at 18:48 | Source: Moneycontrol.com
In a nutshell, Budget simplifies doing business in India, increases cap on FDI which will attract long term foreign funds into the economy. With all ingredients of growth in place, economy is set for good times in the foreseeable future, says Aditya Birla Money.
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