Budget Videos: Watch latest Budget videos & FM Speech videos

4.8%-deficit tough; OMOs, rate-cut to buoy bonds: StanChart

Ananth Narayan of Standard Chartered Bank says that the fiscal-deficit target of 4.8 percent for FY14 is tough to achieve and expect yields to stabilise at current levels

Budget Reactions: Duty hikes to up cost by 3-4 paise/unit, says JSW Energy

With the hike in basic custom and countervailing duty (CVD) on steam coal NK Jain, vice chairman, JSW Energy tells CNBC-TV18 that the cost of power generation will rise by nearly 3-4 paise/unit.

Expect rupee around 53-52.50/$ by year-end: Deutsche Bank

The rupee fell to a near two-month low in early trade on Monday tracking losses in most other Asian currencies. Ravneet Gill, CEO, Deutsche Bank India expects the rupee to be around 53-52.50 level by the end of the year based on the measures taken by the government that market is yet to absorb.

Fiscal deficit top FII concern even post Budget: Deutsche

Dixit Joshi, head, Asia equities, Deutsche Bank says that government policy action led Indian markets higher in Q4CY12 though current weakness in the Indian market is due to global concerns.

IT, pharma may do well; see bargains in midcaps: Dimensions

Ajay Srivastava, CEO, Dimensions Consulting is doubtful of India being able to achieve the projected 6.1 percent GDP growth in 2013-14. â€œPost Budget we need to factor in 4.5 percent at the tops for the GDP growth rate in the current year,â€ he said in an interview to CNBC-TV18.

State owned banks to see higher tax outflow post Budget

Some public sector banks are likely to see higher tax outflow. It was after the government clarified in the Budget that banks cannot claim double tax allowance on provisions made on rural loans and written off bad loans. CNBC-TV18‘s Gopika Gopakumar, reports

India Inc gives thumbs up; says Budget progressive

Lata Venkatesh of CNBC TV18 in discussion with an eminent panel comprising of finest minds in the corporate world, focuses on their verdict on the Budget 2013.

Budget 2013 could not cheer realty: Sources

With the Budget 2013 over, it is time now to find out how different sectors are reacting and if their respective Budget wishlists have been addressed. The real estate sector, for one, is mostly disappointed. CNBC-TV18‘s Priyanka Ghosh reports.

Budget 2013: Mauritius shouldn't be preferred route of investment: FM

Clarifying the government's stance on the Double Taxation Avoidance Agreements (DTAA), the Finance Minister P Chidambaram said in an exclusive interview to CNBC-TV18 that Mauritius should not be preferred route of investment.

Satisfied by FinMin clarification on TRC, says Samir Arora

Samir Arora, fund manager, Helios Capital, says that a fact needs to be appreciated that the government has become very responsive. He is of the view that volatility in the market can be avoided if a more careful approach is adopted.

Budget 2013: Moderately pleased but more needs to be done, says JSPL

Ravi Uppal, MD, JSPL told CNBC-TV18 that the power projects have been facing several issues over the past two quarters. He expected the FM to speak more on lending rates in the Budget, as lower lending rates can further fuel investments.

See inflation tapering in H1CY13; GDP at 4.5-5%: JPMorgan

Aziz feels the massive cuts in the government‘s planned expenditure in FY13 is likely to continue in FY14 as well. According to him, the government is likely to execute its planned expenditure in the second half of calendar year 2013.

Budget 2013: FM has done his job; RBI needs to follow through: Edelweiss

Nischal Maheshwari of Edelweiss Financial Services, talking to CNBC TV18, says they are not disappointed that the Budget 2013 hasn‘t provided a thrust on investments, but would have to revise earnings estimates if the RBI does not go ahead with a 100 bps interest rate cut, which has been factored in their numbers.

FM tax rules stump FIIs; investors seek clarity: Experts

Ashok Wadhwa of Ambit Capital believes use of the term, 'beneficial ownership' is worrying investors and its context is now key to interpreting what the Finance Ministry intends to do. He also added that Chidambaram's intent seems to continue honouring the Mauritius route.

Budget 2013: FinMin issues clarification on tax residency certificate

The finance ministry on Friday issued a clarification on tax residency certificates (TRC) after concerns were expressed regarding the clause in the Finance Bill that amends Section 90 of the Income Tax Act.

Budget 2013: Mkt banks on RBI; policy clarity to woo FIIs: Deutsche

Pratik Gupta, head - Deutsche Equities India, says that post Union Budget the biggest issue for the government is revival of capex cycle. The next big issue for the market will be how much room did Budget 2013 left for RBI to cut rates.

Budget 2013 India: Risk of slippage in FY14 fiscal deficit remains, says CLSA

P Chidambaram could have tried his best to arrest the widening fiscal deficit in the Budget, but the risk of slippage in 2013-14 fiscal deficit still continues, believes Rajeev Malik of CLSA.

Budget 2013 can't revive investment: Kotak Equities

Sanjeev Prasad, ED & Co Head, Kotak Institutional Equities told CNBC-TV18 that the steps in Budget were necessary, but not sufficient.

Budget Analysis: Mauritian route confusion may have dragged stock: Pantaloon

The recent correction in the Pantaloon stock could have been caused due to selling by Mauritian investors following confusion created by P Chidambaram's proposal in the Budget 2013-14 that appeared to target tax treaties, Rakesh Biyani, Joint MD, Pantaloon told CNBC TV18.

Macros good; use current dip to buy stocks: Morgan Stanley

Ridham Desai, managing director of Morgan Stanley, advises investors to look at this current dip in prices as an opportunity to buy stock.

Budget 2013: Now shell out more for mobile phones above Rs 2,000

People aspiring to buy expensive smartphones like iPhones, Galaxy SIII or even mid-level Nokia Asha will have to shell out more now as the Budget for 2013-14 raised excise duty to 6 per cent on handsets priced above Rs 2,000.

Budget 2013: Is Chidambaram's tax googly beneficial to foreign investors

Although, market expectations were quite high, the Finance Minister failed to deliver and presented an average budget which did not excite investors much. In a panel discussion with CNBC-TV18, Art Woo, Director â€“ Asia, Sovereign Ratings, Fitch Ratings believes P Chidambaram‘s assessment of the fiscal deficit is modestly encouraging.

Budget Reactions: Super-rich tax good move; laud FM's effort: Narayana Murthy

Finance Minister, P Chidambaram proposed to impose a 10 percent surcharge on people with income of more than Rs 1 crore in his Budget speech. Narayana Murthy, Chairman Emeritus of Infosys lauds the minister's effort in this direction stating that in a country where poverty is rampant, this kind of a tax will be peanuts for those who earn more.

See sell-off if no clarity on FII tax issue: DSP BlackRock

S Naganath, president and CIO of DSP BlackRock Investment Managers, expects to see further selling if the government does not clear the confusion over the tax residency certificate soon.

Budget Reactions: Need GDP of 6.5-7% to boost fisc deficit target: Naina Lal

Naina Lal Kidwai, President of FICCI told CNBC-TV18, the Budget has covered as much as it could in terms of reviving the investment cycle.

Don't see FY13 GDP growth below 5%: Anand Sharma

Reiterating Prime Minister, Manmohan Singh‘s view on the Union Budget announced today, Commerce Minister, Anand Sharma said that the Budget is one made under a challenging economic backdrop.

FM was under pressure to pull off a 'safe' Budget: Oppn

The Union Budget presented by the Finance Minister P Chidamabaram did not go well with the opposition parties. In an interview to CNBC-TV18, Jay Panda of BJD says that the FM was under pressure to pull off a 'safe' Budget. He also adds that there was a desperate need of investment major highlight of Budget.

Budget Reactions: Economists believe FY13 GDP will be close to 5.5%

Economist and financial experts believe that Gross Domestic Product in 2012-13 will be close to 5.5%, despite Oct-Dec GDP coming much below market expectations.

Budget 2013: Uncertainty will be resolved, spectrum will be auctioned:FM

Finance Minister P Chidambaram today expressed confidence that the present uncertainty in the telecom sector will be resolved and spectrum will be auctioned.

Budget 2013: Need to open up our financial market, says Malvinder Singh

Malvinder Mohan Singh, Chairman, Fortis Healthcare, spoke about his sectors' expectations.

Budget Analysis: TRC existed in circular, brought into Act now: Shome

Parthasarathi Shome, advisor to the Finance Minister, explains on CNBC-TV18 why the tax residency certificate issue should not spark off fears for foreign institutional investors again.

Budget 2013: Proposed Women's Bank doesn't need special permission: RBI

Reserve Bank Deputy Governor Anand Sinha today said the proposed all-Women bank may not take much time to come up as this would fall under the ambit of the already existing public sector bank guidelines

Budget 2013: Small stainless steel cos to pay Rs 10k extra excise duty

Small and marginal producers of stainless steel, belonging mostly to unorganised sector, will have to pay an additional Rs 10,000 excise duty for each and every machine per month from now.

Budget 2013: Gold, jewellery trade's reax on Union Budget

Commenting on the Union Budget, Gold and jewellery trade federation today said that the union Finance Minister P Chidambaram had recognized the continued representations by the sector and welcomed the Transaction tax and increase in baggage allowance to Rs one lakh.

Budget 2013: Budget could have delivered more for healthcare, pharma

Healthcare and pharmaceutical industries today welcomed steps announced in the Budget to increase allotment on health and medical education.

Budget Analysis: Easing FII entry norms to bode well for mkt: Ratnesh Kumar

The FM in his Budget speech today spoke about easing registration norms norms for a large number of global investors.

Budget Reactions: Excise hike to hit ITC earnings, StanChart sees 1.5% dip

Sanjay Singh, associate director at Standard Chartered Securities India Ltd, tells CNBC-TV18 that ITC could see earning fall by 1.5% in the coming year due to the 18% hike in excise duty.

Budget 2013-14: Economy to grow sub-5% in second half FY13, says FM

Finance Minister P Chidambaram tried to downplay the final Budget of UPA's current term in his media interaction, saying that Budget was simply one event in a series of actions.

Budget Analysis: FM did splendid job, no heavy tax dose, says Ashwani Kumar

In his Budget speech, Finance Minister P Chidambaram today said announced his intention to widen the tax base. Ashwani Kumar, Law Minister believes the FM has laid a strong edifice and a foundation for consolidating the Indian for the future.

Budget Analysis: FM has shown real image of eco, sent right signals: Montek

In an interview to CNBC-TV18 Montek Singh Ahluwalia, deputy chairman of Planning Commission shared his reading for the Union Budget 2013.

Budget Analysis: Am happy that it is not populist, says Dharmesh Mehta

In an interview to CNBC-TV18, Dharmesh Mehta, MD-Institutional Equities at Axis Capital shares his reactions on Budget 2013.

Budget 2013: FM has done a commendable job given challenges: PM

The FM has taken steps to reverse negative sentiments prevailing in the economy, says Prime Minister Manmohan Singh.

Budget Analysis: Budget could have been worse, but FM delivered: Bharti Ent

Given that this was UPA‘s last Budget before general elections, it could have been worse, but Chidambaram has done better than our expectations, Rakesh Bharti Mittal, vice-chairman and MD of Bharti Enterprises said in an interview to CNBC-TV18.

Budget Analysis: More scrutiny for Mauritius investors says Sanjay Kapadia

In the Budget speech presented by the Finance Minister, P Chidambaram, there were some indications made with respect to taxes via the Mauritius route. In an interview to CNBC-TV18, Sanjay Kapadia, Tax Partner, E&Y shares his views on tax residency certificate (TRC).