Moneycontrol PRO

business

Budget 2013 limp on CAD; mkt thirsts for reform: Ambit

Andrew Holland of Ambit Capital Pvt Ltd says, on CNBC-TV18, that the Budget failed to address concerns on growth and CAD. "I do not expect revival in the capex cycle even if interest rates are cut. Increased policy action from the government is needed to boost the market."

first published: Mar 6, 2013 01:49 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347