RBI stays ‘consistent’ on rate and policy stance
At the last monetary policy meeting of FY20, the central bank kept the interest rate unchanged, with a warning to not read the ‘pause’ continually for its future actions.
union budget
February 2020
January 2020
Equity markets make a V-shaped recovery
The markets seem to have overcome over Budget blues as the benchmark Sensex rallied over 900 points on Tuesday.
Budget blues continue for markets on Monday
Following Saturday’s 987.96-point fall, the S&P BSE Sensex closing at 39,872.31, just 136.78 points higher, on Monday shows that the markets are still unhappy with the Budget.
Budget gives ₹1.34 lakh crore boost to agriculture
The allocation for agriculture has risen by 31.9% as against the revised Budget allocation of ₹1.02 lakh crore in FY20.
Budget 2020: FM’s booster dose for startups
The announcement of seed funding to support ideation and development of early-stage tech startups, tax incentives, and ESOPs will boost the country’s startup ecosystem, say experts.
A try-hard Budget
Nirmala Sitharaman’s second Budget attempts to do too many things to boost consumption and growth but ends up falling short of expectations.
Budget to dictate market trends in the short term
A cut in personal tax rates to spur consumption could lift shares of auto, consumer durables, and FMCG companies.
‘Budget 2020 will be very challenging’
Despite a lower tax mop-up and the shortfall in disinvestment target, government receipts are seen growing 6% in FY20, thanks to RBI’s large dividend. But FY21 would be different.
‘Budget is likely to be overall positive for markets’
According to the international brokerage, the market is looking for some relief in personal income taxes and taxes for companies/investors.
What L&T’s results tell us about India’s infra sector
As if slowing economic growth wasn’t enough, other factors like pollution, a change of government in a state, and legal challenges to projects are further hurting infrastructure growth.
