Page 7 - Budget 2020

Govt on a 'sell India' mission, hiding real picture of economy: TMC MP

The government is selling PSUs along with LIC, which are properties of the people and steps are being taken without inviting any suggestions from policy makers and employees unions, the MP said

Budget 2020: 100% smart prepaid metering trips on target and funds

Power ministry has been planning it for two years, but with limited success

Left parties to protest against 'anti-people Budget' from Feb 12 to 18

The protests will demand rollback of the large-scale privatization of national assets including the disinvestment of LIC

Investors gain Rs 3.57 trn in 2 days of market rally after Budget-day fall

The 30-share BSE Sensex settled 917.07 points, or 2.30 per cent, higher at 40,789.38 on Tuesday. It hit an intra-day high of 40,818.94

Budget 2020: Rs 2,500 cr not enough for tourism promotion, says industry

Tourism bodies say Indians spending Rs 9,000 cr abroad abroad due to poor domestic infra, which cannot be improved with this allocation

Top headlines: AirAsia CEO quits, companies see Budget helping CV sales

From AirAsia CEO, chairman quitting over bribery scandal to Malaysia saying that palm oil dispute with India is temporary, here are the day's top headlines

Five reasons for the 900-point rally in the S&P BSE Sensex on Tuesday

All the Nifty sectoral indices are trading in the green. Nifty Bank, Nifty Financial Service, Nifty Metal, and Nifty Private Bank indexes gained over 2 per cent each

Companies see Budget 2020 farm, infra push helping commercial vehicle sales

Tata Motors, Ashok Leyland, VECV Ltd report modest growth as economy slows and transporters are saddled with surplus capacity.

People spreading rumours on 'best Budget' in the current scenario: Modi

It will usher in an era of peace in the North East which has suffered decades of bloodshed and violence, he said

'Too radical': Centre likely to implement direct tax code in parts

The new income tax regime is modelled on the task force's recommendations

Towards transparency

Disclosure of extra-budgetary borrowings is a prudent move

Defence spending in austere times

The unusually low 5 per cent increase in allocation in the Budget calls for unorthodox solutions to fund the military

The protectionism path

Budget continues the backward slide on trade

Post-Budget, growth option becomes more attractive for MF investors

Unlike MF investors, those betting on direct equities may feel the pinch because dividend payout is not under their control

From Morgan Stanley to Motilal Oswal, brokerages disappointed with Budget

Despite a slowing economy, the budget does not envisage any major stimulus through the budgeted fiscal deficit figures, said Goldman Sachs.

Budget 2020: In a first, defence gets more for pension, less for salaries

Army planners are increasingly worried about this drain on funds that could otherwise go towards equipment modernisation

Businesses pitch for gold import as Budget proposes bullion exchange

The exchange at the international financial services centre (IFSC) will be an additional option for trade for global market participants, says Budget 2020.

Budget 2020: Not a good time to bottom-fish HFC stocks, says fund manager

New tax regime may compound their growth pangs; shares didn't recover from post-Budget correction

Budget's much-needed leg-up for small units: CRISIL SME Tracker

An evaluation of 13,000 MSMEs using the CRISIL Quantix database shows that working capital comprises over half of their need for debt

We have reprioritised spending to be more productive: Expenditure Secretary

If you look at the growth target of 10 per cent nominal GDP, what we expect is something like 6-6.5 per cent real GDP growth, and inflation of 3.5-4 per cent