Budget Video

Budget 2013: Expect responsible Budget from FM: Envision Capital

I think at least the first half of the day is going to get dominated by the tailwinds of the global markets and that should hold us up.

Budget 2013: Focus will be on fiscal prudence in Budget: Religare MF

In an interview to CNBC-TV18, Vetri Subramaniam, CIO of Religare Mutual Fund spoke about outlook for the market ahead of Budget 2013-2014.

Budget 2013: Indications are FM will deliver: Nirmal Jain

In an interview to CNBC-TV18, Nirmal Jain, Chairman of IIFL shared his readings and outlook on market and Union Budget 2013.

Budget 2013: Positive Budget may take Nifty to 6100: Suri

In an interview to CNBC-TV18, Atul Suri shared his reading and outlook on market and Budget.

Budget 2013: On big news days one should trade light: Sukhani

Technical analyst, Sudarshan Sukhani, s2analytics.com shared his reading and outlook on market and Union Budget.

Budget 2013: We will end the day with triple-digit gain, says Damani

In an interview to CNBC-TV18 Ramesh Damani, Member, BSE shared his reading and outlook on market and Union Budget.

Budget 2013: Global cues good, its advantage bulls, says Udayan

It is the annual economic circus which we have been building up to, but today is the big day. Thank heavens for Ben Bernanke - he has given us the lift that we required in the morning

Union Budget 2013 - 14: All eyes on fiscal deficit, govt borrowing figure

The item that everybody will be watching out for will be the fiscal deficit numbers for the current year, says CNBC-TV18's banking editor Latha Venkatesh.

Budget 2013-14: Hope Budget 2013 throws light on transfer pricing: KPMG

With the Union Budget just a couple of hours away, expectations are running sky high from what finance minister P Chidambaram might announce to boost the sagging economy.

Budget 2013-14: Expect announcement on inheritance tax, says KPMG

With the Union Budget just a couple of hours away, expectations are running sky high from what finance minister P Chidambaram might announce to boost the sagging economy.

Budget 2013-14: Does not make sense to levy estate duty, says KPMG

With the Union Budget just a couple of hours away, expectations are running sky high from what finance minister P Chidambaram might announce to boost the sagging economy.

Budget 2013-14: FDI, equity, FII point of view is very important, says KPMG

With the Union Budget just a couple of hours away, expectations are running sky high from what finance minister P Chidambaram might announce to boost the sagging economy.

Budget 2013-14: Need clarity on pool pricing, says KPMG

With the Union Budget just a couple of hours away, expectations are running sky high from what finance minister P Chidambaram might announce to boost the sagging economy.

Budget 2013-14: It's time to raise FDI limit in insurance, says KPMG

With the Union Budget just a couple of hours away, expectations are running sky high from what finance minister P Chidambaram might announce to boost the sagging economy.

Budget 2013-14: Relook at retrospective tax amendments, says KPMG

With the Union Budget just a couple of hours away, expectations are running sky high from what finance minister P Chidambaram might announce to boost the sagging economy.

Budget 2013-14: Govt should give impetus to infra, says KPMG

With the Union Budget just a couple of hours away, expectations are running sky high from what finance minister P Chidambaram might announce to boost the sagging economy.

Budget 2013-14: Govt should boost renewable energy sector, says KPMG

With the Union Budget just a couple of hours away, expectations are running sky high from what finance minister P Chidambaram might announce to boost the sagging economy.

Budget 2013-14 should take us closer to GST: KPMG

In an interview to moneycontol.com, Pratik Jain, tax partner, KPMG India spoke about his expectations from the document.

Budget 2013: MF houses war over RGESS commission

The government proposed Rajiv Gandhi Equity Savings Scheme (RGESS) is creating a rift amongst mutual fund houses.

Budget 2013: External deficit worrisome, says Raghuram Rajan

Chief Economic Advisor, Raghuram Rajan told CNBC-TV18 that the Indian economy has decelerated after recovering from a slowdown. He also added that corporate and infrastructure investments have slowed down over the past few quarters and growing CPI inflation remains a major concern for the country.

Budget 2013: Concerned if the FM can contain fiscal deficit: Biocon

A day before the Finance Minister, P Chidambaram announces the Union Budget 2013, Kiran Mazumdar Shaw, chairman and managing director, Biocon is worried about the way the FM will manage the growing fiscal deficit.

Eco Survey's growth projection too optimistic: Experts

The economy is in a difficult situation but a recovery is not impossible, says Raghuram Rajan, chief economic advisor who presented his maiden economic survey on the even of the Union Budget.

Union Budget 2013: Survey indicates scope for RBI to ease more, says Pan

According to the Economic Survey, the economic downturn is 'more or less over'. The survey pegs FY14 growth at 6.1-6.7%. The survey emphasises on the need to curb the twin deficits.

Budget 2013: GST when implemented may contribute 2% to GDP, says FICCI

Reiterating what most believe, Naina Kidwai, president, FICCI believes fiscal consolidation is the key to the Indian economy‘s growth.

Budget likely to be positive for market: Udayan

Today, as expected the bears just receded from the foreground a little bit, maybe covered up some of their shorts. There was a little bit of a long build up going into the event, which is generally expected to be positive tomorrow.

Economic Survey: Glimmer of turnaround in economy, says Raghuram Rajan

India is passing through difficult phase but a turnaround is round the corner with over 6 percent growth likely next fiscal on the back of initiatives taken by the government to improve investors sentiments, said Chief Economic Advisor Raghuram G Rajan.

Global scenario greater mkt risk than Budget: Pramerica

John Praveen, board member, Pramerica Mutual Fund says, on CNBC-TV18, that FIIs will be closely observing the FM's focus on fiscal consolidation in the Budget and adds that the finance minister will need to balance growth and reining-in the deficit.

Economic Survey: StanChart Bank wary of govt's ambitious growth targets

Samiran Chakrabarty of Standard Chartered Bank says the economy may recover but not as much as the Economic Survey expects it to.

Economic Survey: 6.4% growth grand; subsidy tradeoff key, says JPMorgan

Sajid Chinoy of JP Morgan believes average 6.4% growth to be a bit ambitious given the higher fiscal consolidation going on in the country.

Midcap fall may be linked to insider trade: Prithvi Haldea

Prithvi Haldea, CMD of Prime Database believes it may be linked to promoter pledges. According to Haldea, there is a need to improve investigations on insider trading and investors need to be wary of illiquid stocks in the market.

Budget 2013: Mkt eyes on fiscal discipline, reform roadmap: Syntel

Nitin Rakesh, president, Americas - Syntel Inc says that the market is expecting measures to ensure fiscal discipline and the provision of a reform roadmap in the Budget.

Budget 2013: FM focus is on pro-capital market measures: S Narayan

Talking to CNBC-TV18, S Narayan, former finance secretary, says he sees the fiscal deficit projection for FY14 at 4.8%. He also expects the finance minister to focus on pro-capital market measures in the Budget tomorrow, also that a surcharge is likely on high income tax brackets.

Sell-off due to funding crunch, not negative Budget: Ambit

According to Saurabh Mukherjea, head of equities at Ambit Capital, the heavy sell-off in the market is due to a funding crunch in the local market and is not indicative of a negative Union Budget.

Need spectacular Budget to reverse mkt mood, trend: Udayan

We are one day closer to the Budget but the scenario is no better for the market. Yesterday delivered a crunching blow. The Nifty sliced through many important levels on the way down, and the midcaps got a hammering once again. We thought the 5820 support would hold up, but the Railway Budget was not received well received by the markets yesterday

Market tumbles on weak global cues, Rail Budget disappoints

It was a bad day for the market, though it didn't look all that bad in the morning. The global markets were surely down overnight and we started about 20 odd points lower, but as the day progressed, it was quite apparent that the broader market continued to weaken.

Won't have direct impact of rail freight hike: Coal India

After the Railway Minister PK Bansal hiked rail freight fares in the Railway Budget 2013-14 today, S Narsing Rao, chairman and managing director, Coal India doesn't see the hike having any direct impact on the company.

Budget 2013: Commercial vehicle biz awaits policy fuel for growth race

The commercial vehicle (CV) industry has been struggling this past year. There was some relief when the government stated that its primary aim is to boost growth. However companies are bracing for a bumpy ride this coming year as well, reports CNBC-TV18's Swathi Narayanan.

Rajan's Economic Survey may present pointers for Budget

Chief Economic Advisor Raghuram Rajan's first ever economic survey for the current fiscal will be tabled in the Parliament on Wednesday. While the ritual has gradually lost relevance in terms of fresh data -the document may have pointers for the Budget. CNBC-TV18;s Siddharth Zarabi reports what to expect from the survey.

See Chidambaram stress on GST in pro-market Budget: Ranina

With less than 48 hours remaining to the country's biggest macro-economic event, corporate lawyer, HP Ranina is expecting Finance Minister, P Chidambaram to announce a Budget focused on the Indian capital market.

Taxes, fiscal deficit key highlight this Budget: Ambit

Ashok Wadhwa Group CEO, Ambit Holdings, say that in this Budget the main highlight is on two factors. First on taxes, which has been a dominant topic of discussion for both FIIs and global leaders of corporations and political leaders and secondly, the maths that will be worked out to bridge the gap between fiscal and current account deficit.

Budget impact high amidst local, global concerns: IIFL

Nirmal Jain, chairman,IIFL says, on CNBC-TV18, that the impact of the Budget will only be heightened by the slew of crises that threaten to derail its importance. He calls for out-of-the-box and radical ideas to tackle the growing deficits and yet cater to political compulsions with the general election scheduled for 2014.

Budget 2013: Investors eye growth-deficit balance, says Ridham Desai

Ridham Desai of Morgan Stanley thinks the European woes are to be blamed for the beating that the market took. According to him, a slightly aggressive Railway Budget may have fared well for the market.

Rail Budget non-event; FM may eye fisc in Budget: Tulsian

SP Tulsian of sptulsian.com, says that the Railway Budget was a non-event. In the Railway Budget, freight has been linked with the oil price hike, so price will change depending on the oil prices.

See Nifty in 150 points range on Budget day: Tata Invest

Despite a disastrous day at the market, Amit Dalal, executive director, Tata Investment, is confident that the market will not see a big correction on Thursday, when Finance Minister, P Chidambaram will announce the Union Budget 2013-2014.

EU calm to return; Re key to FII mood on India: Parsons

Nick Parsons of National Australian Bank says that the fall in markets across the euro zone was caused do to investors liquidating positions to reassessing the situation. "The global-investor mood on India has turned positive after the rupee stabilised at Rs 54.13."

PK Bansal: Budget not populist, just meeting aspirational needs

After announcing a Railway Budget with no fare hikes, despite the fuel hike that will cost the Indian Railways Rs 850 crore, Railway Minister PK Bansal says he is just trying to meet the aspirational needs of the people.

Margins stable; hope Budget focus on infra bottlenecks: ABB

Bazmi Husain, country manager and MD, ABB says that the year 2012 has been a challenging period for the company with margins starting to stabilise only in Q4

Rail Budget 2013-14: Gateway Rail upset with only freight rate increase

Sachin Bhanushali, Gateway Rail Freight told CNBC-TV18 that increase in freight rate alone, is not a good thing to happen and he was expecting a bit of fuel surcharge on the passenger fare as well.

Railway Budget 2013: Focus should have been on freight corridors, says Kalindee

Reacting to the Railway Budget 2013, AP Verma, Director- Finance, Kalindee Rail said, the railway minister should have given importance to freight corridors.

Rail Budget: Talk about freight regulator big plus, says Titagarh Wagons

Reacting to the Railway Budget, Umesh Choudhary, vice chairman, Titagarh Wagons said that one positive he saw was talk about a freight regulator