Private banks rally, ITC crashes as Sensex ends 0.5% up
MAT, GAAR, clarification on permanent establishment are all positives, say experts
The coal tax will generate at least Rs 10,000 crore per year and it will be used to promote renewables
The ministers shared mixed views, from the Budget being nothing new to the finance minister doing justice to all sections
The Budget has laid down a clear road map for promoting infrastructure development and investment in manufacturing, and in the process has shown a welcome inclination to improve the ease with which bu
The noted ad film maker says investment in infrastructure - power, roads and more - is commendable
Outgo to contract 8.5 per cent on price reform for automotive and cooking fuel
This will pave the way for widening the scope of participation by banks, foreign institutional investors, mutual funds, etc, in the commodity exchanges
For the steel industry, the Budget has little to offer directly, barring a provision to raise the import duty on steel and a reduction in import duty to two per cent on scrap
Says the FM balanced the imperatives of fiscal consolidation and of the need to increase public investment
Says revenue assumptions are conservative and realistic
Says the Budget reflects an intention to put economy on the path of double-digit growth
Says massive commitments to reboot the infrastructure sector could be significant growth drivers
The brightest spot in the Budget in social sector spending is in education
The monetary policy outlook for India is highly dependent on the integrity of the fiscal policy framework
The Modi-Jaitley team's real achievement is to effectively dispel the myth that growth and public welfare cannot go together