Markets cheer corporate tax cut
The S&P BSE Sensex jumped 2,284.55 points on Friday in intra-day trade, the highest gain in more than a decade.
union budget 2019
September 2019
August 2019
July 2019
June 2019
Finance minister holds review meeting with bankers
FM Nirmala Sitharaman will hold similar meetings with representatives from MSMEs, auto, industry associations, financial market stakeholders, and others to address sector-specific issues.
Short-term relief for NBFCs
The government’s partial credit guarantee on asset purchases does not address investors’ long-term concerns about the sector’s exposure to stressed real estate: Fitch Ratings.
‘June quarter revenue growth to be slowest in 2 years’
Corporate revenue growth seen around 5-6% in the first quarter of FY20 because of a broad-based slowdown in consumption.
Budget fine print drags markets down
Indices see biggest single-day fall in four years in first full trading day after the Union Budget was unveiled. The BSE Sensex closed 907 points lower, while NSE’s Nifty50 slipped 207 points.
Markets give a thumbs down to Budget
BSE Sensex slips over 450 points on lack of consumption push.
FM pays lip service to aviation sector
The Union Budget 2019-20 has nothing to offer frequent flyers, but the aviation sector did receive some announcements, which if acted upon could bode well for the sector.
Eco Survey ticks right boxes with a dash of optimism
K. Subramanian’s maiden Survey sees growth for FY20 at 7%, green shoots in investment activity.
Decoding disinvestments
A detailed look at data reveals that Modi 1.0 had a far superior record on disinvestment compared to UPA 2.0.
Auto industry seeks GST cuts from Budget 2019-20
The industry, which is facing headwinds such as rising fuel prices, muted consumer sentiment, and the transition to BS VI emission norms, expects the cut to provide some relief.
