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
It is a strange paradox that a game played by millions and loved by billions, is in such dire straits across the world
US gross domestic product rose 1 percent in the final three months of 2020, the Commerce Department said Thursday. That represented a sharp slowdown from the previous quarter
Depending on where you stand, the GameStop saga is either a cautionary story about a bunch of reckless nerds destabilizing the stock market or a David-and-Goliath morality tale about a fearless band of retail investors
A selection of articles and social media gems from the world of economy, business and finance
The Economic Survey identifies the age-old problems plaguing healthcare, but does not advocate a thrust on building health infrastructure
The Survey calls for a higher fiscal deficit, which will lead to higher growth, thereby keeping the debt to GDP ratio down. It says the government shouldn’t bother about what the rating agencies think in this regard. And finally, it says that growth is the best friend of all sections of society, including the poor
Survey suggests a round of asset quality review once COVID-19 forbearance is withdrawn followed by mandatory capital infusion
Donald Trump may not be impeached, but much is about to change in the US Senate. That will be a Trump legacy even if he had no clue how this chamber functioned with its time-honoured rules
India is a food surplus economy, but is not able to efficiently market frequent surpluses in global markets, nor in deficient areas domestically. The Budget could address this gap
The barriers to women’s equal participation in the economy and in public life need to be considered in policymaking and budgeting priorities
War comes faster than you expect and costs more freedom than you thought possible
