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Finance Minister P. Chidambaram
Finance Minister P. Chidambaram

A low-voltage Budget

With one eye on the voter and another on the foreign investor, Finance Minister P. Chidambaram presented a "responsible" Budget on Thursday. His watchwords: Prudence, patience and restraint. »        7 comments

Announced on Thursday, forgotten on Monday

Finance Minister P. Chidambaram, presenting his eighth Budget, did not have too many options before him. As such, he had to tread softly, which he has done admirably. The Budget f... »        2 comments

Budget Analysis: Realty – Helping Affordability, Taxing Luxury

The overall theme has been to provide incentive to low and middle income home owners while increasing revenue inflows from high price tag properties. The Budget has four main proposals that are of interest to the real estate industry and home buyers. The overall... »  

Utility vehicles may lose edge, leg-up for commercial vehicles

Two major moves in the Budget related to the auto sector sends contradictory signals. On the one hand, the Government is keen to rev up sagging industry volumes through the introduction of the JNN... »

Government & Policy

The announcement that the oil and gas exploration policy may move from profit sharing to revenue sharing contracts may help the government ring-fence its income from hydrocarbon blocks.

Oil and gas: Low on specifics

For the oil and gas sector, the Budget was high on generics and low on specifics. The proposals announced by the... »  

Industry

The proposal to restore generation-based incentive is a booster for the wind power sector.

Wind power sector heaves a sigh of relief

Upon the announcement of bringing back the ‘generation-based incentive’ scheme, for which the Budget has allocated Rs 800 crore, the wind power sector heaves a sigh of relief. The GBI, re... »

Government & Policy

‘Tour operators have little to rejoice’

The Indian Association of Tour Operators (IATO) is upset over neglect of tourism sector in the Budget 2013. Tour operators have little to rejoice about the Budget outcome, said Subhash G... »

Government & Policy

Rs 7,500-cr outer harbour project at Tuticorin port

The Rs 7,500-crore outer harbour project at Tuticorin port was one of the major highlights for the infrastructure sector in the Union Budget. Finance Minister P. Chidambaram, who hails fr... »

Stocks

Education stocks rally as much as 12% in late morning trade

Shares of companies related to education sector surged as much as 12 per cent today after Finance Minister P Chidambaram allocated Rs 65,867 crore to the HRD Ministry and said one overarching goal... »      1 comment
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