The budget gives a mix of positive and negative elements. Positives: Importance to infrastructure: companies
Category: Government & RBI
Finance Minister presents a realistic budget by mixing fiscal discipline and populism
The budget presented by the Finance Minister Mr Pranab Mukherjee is concentrating on fiscal discipline based on increase
No relief! Money remains dear
RBI keeps the high interest rate intact. The rather adamant monetary policy has evoked negative sentiments and the
RBI may go for interest rate cut under government pressure
Next monetary policy revision is on the door step. Like people waiting for monsoon after a heavy drought,
Food security programme may be launched as the next mega populist programme in the budget
The politically ailing UPA should invent an anchor populist measure in this budget without much fiscal cost to
RBI cuts CRR to face year end liquidity shortages
The RBI has made a surprisingly higher 75 basis points cut in CRR to inject nearly 48000 crores
Parliamentary Standing Committee’s recommendation on income tax is romantic than practical.
Income tax payers in the country may have got big hope after senior BJP leader and former Finance Minister;
Amnesty scheme may be launched in the budget to raise tax revenue
“Thirty percent tax and hundred percent peace of mind” was the caption of ads that filled news papers
Liquidity is short in the economy and the RBI may intervene with a CRR cut
Liquidity scenario is worsening in the economy with call money rate increasing and banks’ daily liquidity purchase from
Government may ambush RBI’s citadel to enforce a growth friendly interest rate.
The recently published third quarterly report on GDP growth is a setback for the macroeconomic management in the