Budget for a Test Match spectator, not T-20: Nilesh Shah
Govt must open up on measures for wealth creation, risk taking and job creation. – Stocks-Markets-Economic Times
Month: February 2020
A Few million dollars more for InvITs
As per data, a total of around $5.6 bn has been invested in India’s InvITs by global investors. – Stocks-Markets-Economic Times
DDT: Gain for big payers, pain for owners
MNCs among biggest beneficiaries as they received no credit for DDT paid by their Indian arms, say analysts. – Stocks-Markets-Economic Times
Shock Market: Biggest B-day dip in a decade
India’s benchmark indices posted their worst budget-day decline in 10 years. – Stocks-Markets-Economic Times
Exemption for SWFs should boost Infra play; clarity awaited
Abolition of DDT is also expected to benefit yield-seeking infrastructure investors. – Stocks-Markets-Economic Times
Budget: Bonds Poised To Rally As Fiscal Deficit Goals Meet Expectations
Finance Minister Nirmala Sitharaman outlined a multi-billion dollar package for farm and infrastructure spending in the budget for 2020-21, but the stimulus fell short of market expectations and… – … Read More
D-St, India Inc no better or worse than before
The budget was very realistic with respect to GDP growth estimates and FY21 fiscal deficit. – Stocks-Markets-Economic Times
Stopping short of that one impactful measure
Budget tries to deliver on multiple fronts but stops short of focusing on one impactful measure. – Stocks-Markets-Economic Times
FPIs may skip Mauritius, Caymans
Funds may these nations not Category-I and will lose out on key tax benefits. – Stocks-Markets-Economic Times
Budget 2020 | Nirmala Sitharaman’s budget booster falls short of expectations
Challenges to fiscal consolidation from slower growth remain; LIC IPO to lead disinvestment thrust, generate revenue; Unimpressed Sensex closes nearly 2.43%, 988 points down. – The Hindu – Economy