The only feature that matched shale’s disruptive rise in the past 15 years was the industry’s knack for destroying investors’ money as billions of dollars were spent with little return
The exchange will come into the limelight if it handles a few high-profile IPOs
More could have been done for the multiple ‘home grown’ start-ups which have played a key role since March in ensuring employment was retained, essential services were delivered, securing their positions in the eyes of the global business/investor community
Given the strong intent demonstrated by policymakers of late, one remains confident of strong fiscal-monetary co-ordination in the coming months to pre-empt any undue pressure on interest rates
A voluntary scheme is unlikely to work unless incentives are really high
Food subsidy is projected to go down sharply from the current levels
Changes to digital tax and depreciation on goodwill are some of the fine print we stumbled across in our first look of the Budget documents
Budget 2021 has the distinction of being largely an out and out infra-focussed budget, which is quite a departure in tone as compared to the oft-cited ‘consumption’ orientation
Despite tight fiscal situation, Nirmala Sitharaman has been considerate enough not to come out with new measures to compensate the treasury through significant additional levies.
While the current deviation from the rule-based fiscal framework was necessitated by the severity of the economic shock, it is necessary to monitor and manage it in a transparent fashion.
The Budget provides a dose of much-required optimism and leaves gaps to build for the future
Budget 2021 has done enough to pull the economy out of the impact of COVID-19 and improve India’s medium-term growth prospects
The Budget does not have any big-bang announcements and the message that goes out is that one should be conservative in spending in the immediate future as well.
At a time when countries including the United States and China are increasing their climate change ambitions ahead of COP26 Climate Summit in Glasgow, sadly, there was no mention of ecosystem restoration, forest and wildlife protection, phaseout of coal, etc
Bad bank and privatization of state-owned banks are key measures
Nirmala Sitharaman’s investment push for the sector will yield results only with timely and effective implementation. The efficiency and effectiveness of these investments will be closely watched
The Budget 2021 has done no harm to companies or consumers. Reviving demand will take care of growth needs
Beyond the euphoria, implementation of the budget measures and near-term issues will guide stock sentiment
Budget 2021 underlines government’s business-friendly ideology. In Nirmala Sitharaman, we have our own Ronald Reagan and Margaret Thatcher.
Allocations for infrastructure exceeds the Street's estimates. Roads, railways, urban infrastructure have got the lion's share of allocation in the Budget 2021-22
The confidence about the ability to spend is predicated upon a few expectations, including an ambitious disinvestment receipts and strong tax collections, which may require companies to outpace pre-COVID-19 levels of income and profitability
Investors hope the RBI will support bond prices after record borrowing programme was unveiled by Finance Minister Nirmala Sitharaman
The budget for agriculture seems to be work in progress and we can expect more clarity on allocations for agriculture and allied sectors when a settlement is reached with agitating farmers
With two months to go in this fiscal, it appears impossible that the government will meet its disinvestment target of Rs 2.1 lakh crore. It is hoped that the 2022 target is achieved
Small traders, who — on social media sites such as Reddit — have painted short sellers as members of an elite stacking the odds against the individual investor
