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Finance Bill 2011 India

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  • Market last indicator to a good budget: Yashwant Sinha

    With Budget 2011-12 being announced, a number of impacts and implications are yet to be demystified. In CNBC-TV18’s special show Budget Tonight, Karan Thapar with Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia and Former Finance Minister, Yashwant Sinha analyse Pranab Mukherjee’s sixth budget presentation.

  • Union Budget 2011: India Inc assesses the math

    In an interview with CNBC-TV18's Menaka Doshi, an illustrious panel of business leaders including Chanda Kochhar, MD and CEO, ICICI Bank, Harsh Mariwala, CMD, Marico, Baba Kalyani, CMD, Bharat Forge, GV Prasad, Dr Reddy's and YM Deosthalee, Whole-Time Director and CFO, L&T, assess the math of the budget.

  • Expect manufacturing policy soon: Anand Sharma

    Anand Sharma, Commerce Minister, in an exclusive interview with CNBC-TV18’s Shereen Bhan says that his ministry has had consultation talks with the prime minister and the finance minister on the manufacturing policy. “As soon as there is consensus will move cabinet with manufacturing policy,” he says.

  • Budget 2011 growth oriented, says CII

    Hari Bhartia, President, CII says, the budget is very growth oriented.

  • Expert view: Budget good, but will it deliver, execute?

    Nilesh Shah, market participant, 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.

  • On DTC and GST, this was sort of incubation budget: Expert

    Rohan Shah, Managing Partner, Economic Laws Practice, 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.

  • Budget leads market rally: Will it have prolonged impact?

    Indian equity benchmarks marked gains on the back of the better-than-expected details revealed by the finance minister in the big bang event - Union Budget 2011. However, the indices could not retain the initial euphoria set by the budget as concerns over rising crude oil prices erased most gains towards the end.

  • Nothing material for oil and gas space in budget: StanChart

    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.

  • EXCLUSIVE: FM says reforms must be real, not just headlines

    Amidst hopes of fixings the 3 'D's (fiscal deficit, current account deficit and government deficit), Finance Minister Pranab Mukherjee announced the Union Budget 2011-12 on Monday.

  • Union Budget: FY12 divestment target achievable, says Enam

    Dharmesh Mehta, Enam says, divestment targets are looking realistic. “I am very confident that it will be achieved,” he adds.

  • Budget 2011 finds oil deregulation possible: Dalton Cap

    UR Bhat, MD of Dalton Capital Advisors, 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.

  • Union Budget 2011-2012: Not a reformist one, says Udayan

    CNBC-TV18's Managing Editor Udayan Mukherjee says, “I don’t think it’s a bad budget, in that, it is not a negative. But I don’t think it is a spectacular reformist budget or anything like that.”

  • Tax reduction in FII funding to help infra sector: L&T CFO

    YM Deostahlee, CFO at L&T, in an interview with CNBC-TV18 gave his views on how he read the budget presented by finance minister Pranab Mukherjee for financial year 2011-12.

  • Pranab's stance on cement duty is industry neutral: RNRL

    Anil Singhvi, VC of RNRL, 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.

  • Healthcare service tax may be passed onto customers: Fortis

    Malvinder Singh, Chairman, Fortis Healthcare, 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.

  • Low subsidy to impact oil marketing cos results: RS Sharma

    RS Sharma, Former Chairman of ONGC, in an interview with CNBC-TV18 gave his views on how he read the budget presented by finance minister Pranab Mukherjee for financial year 2011-12.

  • FM's 4.6% budget deficit target serious: Shikha Sharma

    Shikha Sharma, MD, Axis Bank, in an interview on CNBC-TV18 gave her views on how she read the budget presented by finance minister Pranab Mukherjee for financial year 2011-12. She says that the fiscal deficit number given by the finance minister is positive news for bond markets.

  • Pranab's 20% iron ore export duty right step: Tata Steel

    B Muthuraman, Non-Exec VC, Tata Steel, 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.

  • Budget 2011 did not tinker with taxation: Nikhil Vora

    Nikhil Vora of IDFC, 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.

  • See no negativity in budget, says TVS Motors

    In an interview with CNBC-TV18, Venu Srinivasan, CMD, TVS Motors says, there is no negativity in this budget. “The most important direction is that fiscal deficit will come down to 4.6%,” he adds.

  • Allowing FIIs to invest in MFs a dramatic move: Damani

    Ramesh Damani, Member at NSE, 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.

  • Pranab Mukherjee firm about the roll out of DTC: Ambit

    Finance Minister Pranab Mukherjee announced the Union Budget 2011-12 in Parliament today. In an interview with CNBC-TV18, Ashok Wadhwa, Founder and Group CEO, Ambit, speaks about the key announcements.

  • Pranab not changing excise duty a big positive: Adi Godrej

    Adi Godrej, Chairman, Godrej Industries, in an interview on CNBC-TV18, finds the budget focussed on growth and was well balanced. He finds the cut in corporate surcharge a positive play. The excise duty was largely anticipated to change by the market and the non event where the excise duty stayed the same has been appreciated by him.

  • Budget 2011 fiscal deficit target big issue: Ashok Leyland

    R Seshasayee, MD, Ashok Leyland, 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. On the fiscal deficit he is not so bullish. “Fiscal deficit targets will be tough to meet,” he says.

  • Budget 2011 is not a populist budget: Vallabh Bhanshali

    Vallabh Bhanshali, Chairman, ENAM Securities Pvt Ltd, says that FM has done a great justice to his image as a pragmatic person. "I think he has succeeded in fighting all the populist forces," he says.

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