Likely to dedicate Rs 20,000 cr for capital infusion into PSU banks
Ready to allocate Rs 20,000 crore for capital infusions into state-run banks in the next financial year
Government banks have submitted a capital requirement plan to FinMin
Aim is to boost sales volumes and increase penetration
Between April-November, 2012, total iron ore exports were at 15 MT, down over 62% compared to the same period of previous year
Chidambaram is planning to cut the public spending target for fiscal 2013-14 by up to 10% from this year's original target
Increase in Budgetary allocation likely to be only 5.8%, the lowest in six years
Any significant rally is not expected as reaction to the WPI inflation last week gave a fair idea of the appetite among investors
With regard to revenue implications on according infrastructure status to more sectors, sources said the losses can be made up by better performance of non-infrastructure sectors
The wide current account deficit is another important consideration for monetary policy deliberations
Will heed financial viability, sustainability
There is an expectation of higher sales, profits in first half of calendar year 2013
Disappointed with past experience, domestic majors even skip giving any memorandum
Lagging progress in farmer producer firms could lead to start of credit guarantee schemes, with possible equity stake from government
Feel govt will put fiscal discipline ahead of election largesse because of the risk of losing its investment-grade rating
CII has said that tax provision is adversely affecting the commercial viability of small businesses.
Bad loans and poorly capitalised banks are prolonging the five-year credit slowdown, which the Budget must fix
Interview with Senior executive director and co-head, Kotak Institutional Equities
The Indian economy suffers deep structural flaws that piecemeal measures in the Budget are unlikely to solve