Budget Video

Railway Budget 2013: Better than last year's, says Hind Rectifiers

SK Nevatia, CMD, Hind Rectifiers is not sure as to how increase in freight cost will help the company because freight things mostly run on diesel. However, Nevatia feels the Budget this year is better than the previous year.

Rail Budget 2013 Live: Bansal says no fare hike 'for now'; rail stocks sell-off

Rail Budget Live Commentary: Passenger fares have not been entirely spared of a hike. Charges on superfast trains and tatkal bookings will be hiked.

Rail Budget 2013-14: Rail minister may talk of few more corridors: Kalindee

In an interview to CNBC-TV18 AP Verma, director of finance, Kalindee Rail Nirman said, we expect the government to announce Delhi-Lucknow-Patna, Delhi-Jaipur-Jodhpur or Pune-Mumbai-Ahmadabad, Chennai-Bangalore corridors this year.

Railway Budget 2013: Freight charges should be reduced, says Titagarh Wagons

Moratorium on new trains will be counter-productive, and railways should look at reduction of freight charges.

Railway Budget 2013: Muted expectations; bet on Texmaco Rail, says Nirmal Bang

Mehraboon Irani, Nirmal Bang Securities feels expectations from the Railway Budget are fairly muted, especially taking into consideration the Finance Minister‘s decision to implement spending cuts across sectors.

Primary mkt to get FII flows; see lukewarm Budget: BofA ML

After a good run, Indian indices have pulled back a bit in the last few weeks, which indicates that the expectations going into the Budget are not very high, says Jyotivardhan Jaipuria, head of research, BofA Merrill Lynch.

See downside target of 5500; avoid taking shorts: Sukhani

Technical analyst, Sudarshan Sukhani, s2analytics.com is bearish on the market and has a downside target of 5,500 on the Nifty.

Budget could be relegated to sideshow: Udayan

There has been a big sell off in US equities, coupled with high market volatility. One can only hope that global markets stabilise over the next couple of days, because if we get caught in the vortex of serious global volatility, then the Budget could easily be relegated to a sideshow, says Udayan Mukherjee, Managing Editor, CNBC TV18.

More economic reforms should compliment Budget: IIFL

"Budget cannot be a panacea for all the problems," believes Prabodh Agarwal, Head - Institutional Research, IIFL on the expectations from the Union Budget to be announced on February 28.

Govt may grant infra status to low cost housing

Budget 2013 might just give an impetus to low cost housing, despite the four-year-old Rajiv Awas Yojana Scheme to eradicate all Indian slums never took off. CNBC-TV18's Nayantara Rai reports what can we expect in the Budget.

Expect action-packed week ahead of Rly, Union Budget

The midcap carnage was the talking point in the afternoon today. The way some of the stocks like Core Education completely collapsed about two thirds of the market cap was wiped away.

Budget 2013-14: Railways can run without burdening common man, says TMC

Trinamool Congress (TMC), member of parliament Saugata Roy asserted that his party was opposed to Rail fare hike and insisted that the railways could run without putting an onus on the common man.

Expect infra to top govt agenda this Budget: Feeback Infra

Vinayak Chatterjee, chairman, Feedback Infrastructure says the infra sector is expected to be government‘s priority in this Budget and the key expectation is the removal of the infrastrcuture sector from the ambit of MAT.

See no miracle Budget; FY13 growth to be weaker: Jim Walker

Jim Walker of Asianomics warns against holding high hopes from the government this Budget season.

Rajen Shah picks 4 candidates for new bank license

The Reserve Bank of India (RBI) released the final guidelines for issuing new bank licences on Friday. The norm stated that now the corporate houses can enter the banking sector.

Budget 2013-14: Nifty downside at 5800; all eyes on fisc deficit, says IIFL

Sandeepa Arora, Vice President of Institutional Equities at IIFL, does not see the Nifty below 5,800, and so suggests investing in high quality companies on dips.

No rush to grow; hope Budget cheers on rates, mood: Toyota

In this week's edition of The Forbes India Show on CNBC-TV18, Hiroshi Nakagawa, MD and CEO, Toyota India says that the company will grow in India step-by-step and hopes the Budget will reduce interest rates, taxes and cheer consumer sentiment.

Budget 2013-14: Things economists will watch for in Chidambaram's speech

In this week‘s episode of Indianomics on CNBC-TV18 Sonal Varma, India economist, Nomura and Taimur Baig, economist, Deutsche Bank advise viewers to judge the Budget according to estimates, spends and a roadmap.

Will FM tinker with direct tax rate structure in Budget?

A panel discussion on Budget expectation for India‘s direct tax architecture.

Go long on high quality defensive stocks: Motilal Oswal

Gautam Sinha Roy of Motilal Oswal Securities, talking to CNBC TV18, opines that given the volatility in the markets as we approach the Budget, even if there is a pick up in certain stocks, it is safe to bet only on high quality defensive ones.

Budget 2013-14: FM may expand tax base, hike CENVAT to14% say experts

One of the many important aspects of the Union Budget includes India's indirect tax architecture including the rates for service tax, customs and excise duty.

Budget 2013: Invest in pharma, financial & IT sector advises Dipan Mehta

While most people in the market are bullish in the run up to the Union Budget, Dipan Mehta, member BSE & NSE doesn't see the Budget having any large impact on the equity market.

Budget may cut withholding tax on debt instruments: Sources

In the upcoming Budget the Finance Minister P Chidambaram may rationalize the withholding tax on debt instruments.

GE all praises for Chidambaram's return as FM

As the finance minister gets ready to present the Union Budget for the next fiscal, he has got thumbs up from a key foreign investor. General Electric chairman and CEO Jeff Immelt today said that P Chidambaram's return as the FM was a positive.

Invest in pharma, cement sector in 2013 advises HDFC Life

Hoping the Finance Minister doesn't present a populist Budget on February 28, Prasun Gajri, chief investment officer, HDFC Life says the FM should try and kick start investments, rationalise taxes and consolidate the fiscal deficit.

FinMin likely to hike road cess in Budget 2013-14: Sources

The finance ministry is likely to hike road cess in the upcoming Budget, reports CNBC-TV18's Aakansha Sethi.

'Super-rich tax' to be futile exercise: Tax experts

Tax experts believe briging 'super rich tax' may turn out to be a futile exercise as it will lead to higher tax evasion.

Food Security Bill may go up to Rs 1.25 lakh cr: Expert

Ashok Gulati, Chairman, Commission for Agricultural Costs and Prices, feels that the government will go ahead with the revised Food Security Bill in the upcoming Budget. Talking to CNBC TV18, he said the cost of implementing the Bill is not going to be less than Rs 1.20-1.25 lakh crore.

IIFL retains downward bias on mkt; sees no earnings upturn

H Nemkumar, Head of Institutional Equities at IIFL told CNBC-TV18 that profit growth in the last five years has been very anaemic and equities are not yielding much due to decline in profits.

Head into Budget without any position: Sukhani

Technical analyst, Sudarshan Sukhani, s2analytics.com said that the market is in a range when it in a process of accumulation or distribution and rest of the time they are trending.

Budget 2013-14: Need liquidity, govt must continue divestment plans: EM Cap

Speaking about India and forthcoming Budget, Seth R Freeman, CEO, EM Capital Management says he wants the Indian government to continue to sell stake in some of the public sector undertakings (PSUs) and Specified Undertaking of Unit Trust of India (SUTTI) holdings.

Ghost of Multi-brand retail FDI may haunt Budget session

Foreign direct investment (FDI) in multi-brand retail could return to haunt the Budget session of the Parliament.

India is only large EM we are overweight on: JP Morgan

What the World Wants, is a show which takes the viewers across to global market experts and economists. They talk about, what they want from the Indian Budget this time around and what kind of impact that could have on the market out here. This episodes guest was Adrian Mowat of JP Morgan.

Nifty unlikely to fall below 5800 before Budget: IL&FS

After the Fed meeting on Wednesday, global markets corrected due to sell-off affecting the Indian market and leadng to a sharp decline. In an interview to CNBC-TV18, Vibhav Kapoor of IL&FS said that he does not expect the Nifty to fall below 5,800 before the Budget.

Shinde apology, govt effort clears Budget session hurdles

The Budget session of the parliament began today. Minutes before the Budget Session of Parliament commenced, Prime Minister Manmohan Singh sought productive and constructive sittings of the two houses.

Govt taking steps to revive economy: Pranab

Expressing concern over declining growth, President Pranab Mukherjee today said government is taking steps to revive investment activity and boost economy.

Hopeful on Budget; market valuation attractive: Kotak

Ravi Iyer, senior ED & co-head, Kotak Institutional Equities, says that investors are right now taking a breather in terms of market participation and are waiting to see how the Budget will pans out. There are expectations that the upcoming Budget will be pragmatic and growth-oriented Budget.

Nifty may not reach 6020 before Budget, bet on OMCs: Baliga

Ambareesh Baliga, Independent Analyst believes that market may not breach the levels of 6000-6020 before the Budget. For today, market may take support at 5,550-5900 levels, he says in an interview to CNBC-TV18.

Experts discuss roadmap for fixing fiscal deficit

‘Fixing the fisc‘ a special four part pre-Budget series focuses on the central theme of the Budget exercise itself to cut the fiscal deficit size.

Expect Budget to give wings to renewable energy: Suzlon

The Union Budget needs to provide good thrust to wind energy sector, if India has to meet its target of increasing new and renewable energy to 15 per cent by 2020.

Expect passage of Food Bill; all states on board: Thomas

Food minister KV Thomas is optimistic about the Food Subsidy Bill being passed in the upcoming Budget Session. Speaking exclusively to CNBC-TV18, the food minister asserted that most state-governments were in agreement regarding the proposals in the Bill.

Food Bill burden likely be at Rs 1.20 lakh-cr: Sources

The Food Security Bill is likely to be introduced in the Budget session. The Food Bill burden is expected to be at Rs 1.20 lakh crore, reports CNBC-TV18's Aakansha Sethi quoting finance ministry sources.

Budget 2013-14: Lure investment with competitive not higher taxes: Experts

On this episode of Budget: Fixing the Fisc on CNBC-TV18, a panel of experts explain that the government needs to lure investment with competitive and not higher, taxes.

Do not see midcap rally; oil & gas to lead mkt: Nilesh Shah

Nilesh Shah, MD & CEO of Envision Capital believes the market is in consolidation mode ahead of the Budget. He told CNBC-TV18 that the lack of earnings visibility is weighing on the midcap stocks and he does not expect a durable rally in midcaps till there is an improvement in earnings.

See bond yield at 7.7% by mid-March: Nomura

While the Government's cancellation of the bond auction came as a surprise, the bond market may see 7.7% yields if it closes below 7.8% believes Neeraj Gambhir, managing director and co-head, Nomura.

Budget won't trigger mkt rally, diesel hike will: Religare

The finance minister, P Chidambaram's speech on the Budget day is unlikely to trigger any upmove. According to Tirthankar Patnaik, Religare Capital Markets, the market is not expecting any significant rally as FY14 Budget estimate is already factored in.

Take short-term positions, uptrend may end soon: Sukhani

Technical analyst, Sudarshan Sukhani, s2analytics.com said that this is a rally in an ongoing down move and because of the Budget this rally could extend more than a normal correction would.

Don't get into Budget unprepared: Udayan

On Tuesday, the market moved up a tad. The last couple of hours of trading were pretty good, and we are back to nearly 5950 on the Nifty.

Key bills lined up as Parliament braces for Budget session

With the Budget session just a few days away, and the Parliament expecting some furore over the choppers deal scam, Rituparna Bhuyan of CNBC-TV18 reports on the expectations from this Parliamentary session.

Budget 2013-14: Keki Mistry expects no tax hike, more sops for investment

The D-day is getting closer and closer and India Inc is waiting with bated breath. Less than 10 days to go for the Finance Minister (FM) to present the Union Budget. Keki Mistry, VC & CEO of HDFC listed out his expectations from the Budget 2013. He hopes the FM will not increase tax rates as it will hurt investor sentiment.