Parthasarathi Shome, advisor to the Finance Minister, explains on CNBC-TV18 why the tax residency certificate issue should not spark off fears for foreign institutional investors again.
As against the market expectations of announcement of a populist budget on the backdrop of General Election next year, FM has announced a realistic, balanced and pragmatic budget, reckons Nilesh Sathe
Mutual Fund industry welcomes Finance Ministry's move
Finance Minister P Chidambaram will present one of the most highly anticipated Budgets of recent years today, a blueprint for austerity that forms the centrepiece of India's efforts to stave off a damaging credit ratings downgrade.
Reiterating what most believe, Naina Kidwai, president, FICCI believes fiscal consolidation is the key to the Indian economy‘s growth.
Sachin Bhanushali, Gateway Rail Freight told CNBC-TV18 that increase in freight rate alone, is not a good thing to happen and he was expecting a bit of fuel surcharge on the passenger fare as well.