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Govt hikes fuel prices for first time since July

26th February, 2010 18:43

The government will raise retail motor fuel prices by up to 7.8% from midnight on Friday, the first hike since July, a move that will add to already high headline
Income tax changes not inflationary: Ashok Chawla

26th February, 2010 18:43

The government's move to broaden income tax bands will not have an inflationary impact, Finance Secretary Ashok Chawla said on Friday.
Little to cheer for textile makers

26th February, 2010 18:43

The 2010 budget has been a bit of a disappointment for textile industry which did not gain much except for a grant to a textile cluster in Tamil Nadu while other d
CESC sees coal cess pushing up power costs

26th February, 2010 18:43

Utility CESC Ltd expects power costs to go up by Rs 0.04 a unit on a budget proposal to levy a clean energy cess on coal, its vice chairman Sanjiv Goenka said on F
Budget booster: Stock/sector picks to power your portfolio

26th February, 2010 18:24

The markets have given a thumbs up to the Union Budget. In his second Budget, Finance Minister Pranab Mukherjee has rolled back fiscal stimulus a bit by raising ex
Union Budget 2010: Proposes Rs 1.7 lakh cr for infra

26th February, 2010 18:10

Budget 2010-11 has distinct thrust towards Infrastructure sector and proposed an allocation of Rs 1,73,552 crore for the infrastructure sector which accounts for o
Budget balanced fiscal consolidation: MCX

26th February, 2010 17:56

According to Lamon Rutten, MD & CEO of MCX, increased allocation for rural development, infrastructure projects and the social sectors will contribute to double di
Stocks/sectors you should bet on post Budget

26th February, 2010 17:38

The Budget was also growth-oriented with financing incentives for real estate, infrastructure and agriculture continuing, said Vijay Bhambwani of bsplindia.com. "S
CII gives thumbs-up to Budget 2010

26th February, 2010 17:32

In an interview with CNBC-TV18, Venu Srinivasan, President at CII, Malvinder Singh, Group Chairman of Fortis Healthcare & Religare Enterprises, Sunil Kant Munjal,
Union Budget 2010 Reports: KPMG, PwC, CII, Crisil, BMR

26th February, 2010 17:14

IT companies having units in SEZ and domestic area will now be relieved due to the proposal to remove the anomaly in computing exempt profits effective from AY 200
Auto, infra, banking good long-term bets: SP Tulsian

26th February, 2010 17:00

SP Tulsian of sptulsian.com said, I will take this (Budget) as a benefit accruing to the investors or traders who are looking at long-term. I would confine myself
IDFC-SSKI on why Tata Motors, ITC is buzzing

26th February, 2010 16:52

Pathik Gandotra, MD, Research, IDFC-SSKI, gave his views on why Tata Motors and ITC is buzzing.
Budget may push mkts to reach 5000-5300: Nilesh Shah

26th February, 2010 16:49

In an interview with CNBC-TV18, Nilesh Shah of Envison Capital gave his views on the Union Budget and his outlook for the markets going forward.
Union Budget 2010-11: Finance Bill

26th February, 2010 16:35

The Finance Minister Pranab Mukherjee presented the Union Budget for 2010-2011. Below are the links to the various sections of the Finance Bill.
Bhambwani upbeat on M&M, L&T, IRB Infra

26th February, 2010 16:25

Technical analyst, Vijay Bhambwani is upbeat on M&M, L&T, IRB Infra and Tata Power.

No big sparks for power sector in Budget

26th February, 2010 18:43

The 2010 Budget has put emphasis on renewable energy while non-renewable and core power sectors have not seen any path-breaking measures, industry participants and
Satluj Jal Vidyut IPO likely in Apr: Fin Min official

26th February, 2010 18:43

India is likely to sell shares in state-run Satluj Jal Vidyut Nigam Ltd through an initial public offering in April, Disinvestment Secretary Sumit Bose said on Fri
FMCG cos cheer rural spending; MAT disappoints

26th February, 2010 18:43

The focus on higher spending on rural initiatives for income generation in the federal budget has bought cheer to fast-moving consumer goods makers, who also stand
Auto parts companies relieved by mild excise rollback

26th February, 2010 18:43

Auto parts makers heaved a sigh of relief after the finance minister announced a lower-than-expected rollback of an excise duty cut and did not raise service tax.
Better-than-expected growth showed exit path: Crisil

26th February, 2010 18:20

The higher-than-expected growth in financial year 2009-10, provided an opportunity to initiate exit strategies.
Populist Budget welcomed with open arms!

26th February, 2010 18:01

The major benefactor of the implementation of GST move could be the �Aam Aadmi�, since there will be potential reduction in prices of products.
Budget 2010-11: Not a game changer, says Vibhav Kapoor

26th February, 2010 17:51

In an exclusive interview with CNBC-TV18, Vibhav Kapoor, Group CIO, IL&FS, gave his views on the Union Budget and his outlook for the markets going forward.
FM: Time has come to think big, and act bigger

26th February, 2010 17:32

Finance Minister Pranab Mukherjee said fiscal policies and developmental allocations went hand in hand. He added that the time had indeed come 'for India to think
Post-Budget, SMEs let out a sigh of relief

26th February, 2010 17:22

The Union Budget 2010 proposes to introduce several provisions to grant tax neutrality to such conversion subject to certain basic conditions.
Key changes proposed for real estate sector: PwC

26th February, 2010 17:08

Indirect tax proposals impacting the sector include increase in Excise duty applicable to cement and cement clinkers.
KPMG: The feel good factor of Union Budget 2010

26th February, 2010 16:53

The Budget 2010 has few goodies for the corporate world apart from some surprise measures to increase tax collections.
See 3% earnings downside for ITC post duty hike: IDFC-SSKI

26th February, 2010 16:51

In an interview with CNBC-TV18, Nikhil Vora from IDFC- SSKI, spoke about his views on how the excise duty hike of tobacco will impact ITC.
Union Budget 2010: Welcome relief for the 'Aam Admi'

26th February, 2010 16:40

A welcome change is that immovable property transferred for inadequate consideration is no longer subject to tax in the hands of the recipient of the property.
Deregulation of petrol, diesel on the cards: UR Bhat

26th February, 2010 16:32

UR Bhat, MD of Dalton Capital Advisors believes deregulation of petrol and diesel is on the cards.
MAT hike to 18% a negative move: Dinesh Kanabar

26th February, 2010 16:22

Minimum alternative tax (MAT) has geared up form 15% to 18%. In an interview with CNBC-TV18, Dinesh Kanabar, a Tax Expert, gave his views on it�s effect.

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