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Budget News

  • Bull market not behind but ahead, PSUs to lead: Ramesh Damani

    Bull market not behind but ahead, PSUs to lead: Ramesh Damani   

    For the next couple of quarters, Ramesh Damani feels the public sector stocks are going to lead the pack. Due to a fall in consumption in the economy, he says FMCG stocks are going to suffer for the next 1-2 quarters.

    07 Dec 2016, 7.26 pm  |  Source: CNBC-TV18

  • Don`t see any significant tax cuts this Budget: Veda Investment

    Don't see any significant tax cuts this Budget: Veda Investment   

    The market is not likely to bounce back anytime soon, says Jyotivardhan Jaipuria, Founder & MD of Veda Investment Managers. Recovery, after demonetisation and GST, may be delayed by around 1-2 months. Third quarter earnings are go...

    06 Dec 2016, 4.17 pm  |  Source: CNBC-TV18

  • Market cheap on yield basis; near-term downside limited: Nomura

    Market cheap on yield basis; near-term downside limited: Nomura   

    A fall in yields has resulted in stocks looking cheaper than bonds for the first time in eight years, says Prabhat Awasthi, Head of Equities & MD – India at Nomura Financial Advisory & Securities.

    06 Dec 2016, 3.36 pm  |  Source: CNBC-TV18

  • `Early Budget to accelerate implementation of public projects`

    'Early Budget to accelerate implementation of public projects'  

    A proposal was made for advancing the date of budget presentation from the last working day of February to February 1, 2017 or any other date as may be necessary, Minister of State for Finance Arjun Ram Meghwal said in a written r...

    02 Dec 2016, 3.27 pm  |  Source: PTI

  • Advance estimates for GDP to be released on January 7

    Advance estimates for GDP to be released on January 7  

    The data is used as an input in the making of the Budget, which the government is planning to unveil on February 1 as against the convention of last working date of February.

    01 Dec 2016, 9.06 am  |  Source: PTI

  • Pre-Budget meet: Biz chambers, exporters to meet FM on Nov 26

    Pre-Budget meet: Biz chambers, exporters to meet FM on Nov 26  

    Business chambers will meet Finance Minister Arun Jaitley on Saturday for pre-Budget consultations where they are likely to press for early implementation of GST as well as certain steps to boost exports and the economy.

    25 Nov 2016, 9.10 am  |  Source: PTI

  • Farmer bodies` pre-Budget consultation with FinMin kicks off

    Farmer bodies' pre-Budget consultation with FinMin kicks off   

    Farmer bodies' pre-Budget consultation with Finance Minister Arun Jaitley has commenced and CNBC-TV18 learns the issue of impact of demonetisation on the agri sector is also on the agenda.

    19 Nov 2016, 6.06 pm  |  Source: CNBC-TV18

  • Budget announcements to be positive; like pharma: Macquarie

    Budget announcements to be positive; like pharma: Macquarie   

    Sandeep Bhatia, Head of Equities-India, Macquarie, said demonetisation will have a near-term impact on volume of transactions and working capital of companies. He expects earnings growth of companies to be hit in the next few quar...

    17 Nov 2016, 4.33 pm  |  Source: CNBC-TV18

  • Budget to be presented on February 1, says MoS Arjun Ram Meghwal

    Budget to be presented on February 1, says MoS Arjun Ram Meghwal  

    The minister said that it was also necessary to present the Budget early as the implementation date of the Goods and Services Tax (GST) has been fixed at April 1, 2017.

    17 Nov 2016, 9.48 am  |  Source: NEWS18.com

  • Upcoming Budget to further simplify tax policies: MoS Finance

    Upcoming Budget to further simplify tax policies: MoS Finance  

    "Tax administration and tax policies need to be further simplified to promote ease of doing business as well as its facilitation. The forthcoming Budget would reflect and adequately cater to this effect", he said at an event organ...

    10 Nov 2016, 12.39 pm  |  Source: PTI

  • Pre-Budget meet: CREDAI seeks infra status for affordable hsg

    Pre-Budget meet: CREDAI seeks infra status for affordable hsg   

    Developers have called for a higher income tax exemption on interest on home loans. They have asked to increase the rate of interest subvention from 1 percent to 2 percent on home loan upto Rs 40 lakh.

    08 Nov 2016, 6.32 pm  |  Source: CNBC-TV18

  • Finance Ministry expects Budget to be presented on February 1

    Finance Ministry expects Budget to be presented on February 1  

    "There are three major changes that we are undertaking for the next year (Budget). First presentation of Budget is advanced by about a month. We expect Budget to be presented around February 1," Economic Affairs Secretary Shaktika...

    04 Nov 2016, 5.15 pm  |  Source: PTI

  • Fiscal deficit hits 83.9% of Budget estimate in first half

    Fiscal deficit hits 83.9% of Budget estimate in first half  

    The fiscal situation in April-September deteriorated over the year ago as the deficit then stood at 68.1 percent of the Budget estimate of 2015-16.

    01 Nov 2016, 8.16 am  |  Source: PTI

  • Budget advanced for speedier implementation of schemes: PM

    Budget advanced for speedier implementation of schemes: PM  

    "The Prime Minister mentioned that the Union Budget presentation is being advanced by about a month to ensure speedier implementation of projects and schemes," a PMO statement said.

    27 Oct 2016, 8.43 am  |  Source: PTI

  • Cabinet may consider advancing Budget to February 1 today

    Cabinet may consider advancing Budget to February 1 today  

    Sources said the Cabinet headed by Prime Minister Narendra Modi is likely to meet tomorrow to decide on the date on which Finance Minister Arun Jaitley will present the Budget for 2017-18.

    27 Oct 2016, 8.43 am  |  Source: PTI

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