Ratnesh Kumar, Managing Director and CEO, Standard Chartered Capital Markets, in an interview on CNBC-TV18 gave his views on how he read the budget presented by finance minister Pranab Mukherjee for financial year 2011-12.
Below is a verbatim transcript. For the complete interview watch the accompanying video. Q: You have tracked oil and gas for a long time. What is your reaction to what came through for the oil and gas sector? A: For the oil and gas space, the provisioning in the budget as a concept is good from a transparency point of view because earlier it was only Rs 2,000-3,000 crore. However, it doesnDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
