Rating agencies have been crticising FM for not repealing the retrospective tax amendment and not providing enough sops for the industry
While both Adani and GVK have coal mines in Australia, Tata Power has one in Indonesia
Removal of service tax exemption will hit interest of nation & consumers, says industry; many small and newly established players may have to shut shop
Budget has a lot of thrust on quality of education, improvement in infrastructure, tax reforms and modest divestment targets
Says it was not an issue on which the govt had to make an announcement in this Budget
Says new govt has made new long-term capital investment cycle as a policy focus
The banks need capital to support loan growth, comply with Basel-III regulations and improve their loan loss coverage
Many insurance companies that have foreigners in top team may see management rejig
Three of top five FPI source nations, accounting for Rs 7.8 lakh cr of investments, don't have favourable treaties on capital gains to exempt them from 15% tax
Hopes of lower SME borrowing rate and rollback of Customs duty dashed
With Mr Jaitley preferring continuity over change, good days might take a little longer to arrive
Says inadequate domestic production and infrastructure bottlenecks continue to act as constraints for ensuring adequate supplies to power plants
According to industry experts, MFs are concerned that the budget proposals may hit them hard and result in massive outflow
Arun Jaitley's maiden effort is a welcome and purposeful change in direction and not UPA redux
The new government must discipline the spending habits of Union ministries
Govt keen on stable and reasonable tax regime & targeted subsidies, he tells Lok Sabha; sees signs of economic pick-up
The Budget wisely refrained from excessive ambition - but it prepared the ground for lift-off later