B Prasanna, Group Head - Global Markets, Sales, Trading & Research, ICICI Bank
The first Budget of the new decade appropriately focused on holistic growth objectives by resorting to the escape clause permitted by the FRBM act even as the commitment to consolidation remains in place.
Dhiraj Relli, MD & CEO, HDFC Securities
The FM has done well in abiding by the fiscal prudence principles for FY21 and the targets set by her look achievable. But it will be crucial for her to stick to it for FY21, else the international rating agencies may have adverse views.
Vetri Subramaniam, Group President & Head-Equity, UTI AMC
The slowdown in India has been evident since the end of 2018. The government has taken several measures to address this slowdown in recent months.
Abheek Barua, Chief Economist, HDFC Bank
The Budget provides credible numbers in terms of the fiscal math, recognising the revenue shortfall faced this year. It uses up the 50bps point leeway that the FRBM act provides for both this and the next year which is a welcome step.
Vijai Mantri, Co-Founder, JRL Money
In my opinion this is a good budget for following reasons:
- Real Estate and autos, though employ large number of people, are sunset industries. How can demand be revived when unsold inventories in top 7 cities is more than Rs. 9 lac crores?
"Union Budget 2020-21 has carried forward the government’s vision of developing India as a key manufacturing hub and was pragmatic in addressing the economic and social objective of promoting investments, generating jobs and improving ease of living for Indian citizens", says the Union Budget Review 2020 report released by broking firm ICICI Securities.
Commenting on the Union Budget 2020-21 presented today, Dr Sangita Reddy, President, FICCI said, “Given the constraints that the Finance Minister was facing, the budget has been a significant balancing act between the need for growth and fiscal prudence.
बजट 2020 में घोषित नयी आयकर दरों से वास्तव में करदाताओं को बड़ी राहत नहीं मिली है। अगर किसी व्यक्ति की सालाना आय 20 लाख रुपये भी हो, और वह आय कर में छूट के नियमों, जैसे 80सी और हाउसिंग लोन का पूरा फायदा उठाता रहा हो, तो उसके लिए नयी दरें फायदेमंद नहीं होंगी।
Industry chamber FICCI has recommended to the government to infuse Rs. 1.5-2.0 lakh crore at the very minimum into the economy — which must be used to boost rural demand and infrastructure investments.
वित्त मंत्री निर्मला सीतारमण ने आज संसद के सामने वित्त वर्ष 2019-20 के आर्थिक सर्वेक्षण को पेश कर दिया, जिसमें मौजूदा वित्त वर्ष 2019-20 के दौरान 5% आर्थिक विकास दर (जीडीपी वृद्धि दर) के अनुमान को रखा गया है।
भारत के सबसे बड़े म्यूचुअल फंड वितरण प्लेटफॉर्म बीएसई स्टार एमएफ ने जनवरी 2020 के महीने में 54.43 लाख लेन-देन दर्ज किये हैं, जिनकी कुल राशि 16,235 करोड़ रुपये रही।
The latest round of FICCI’s Business Confidence Survey revealed an improvement in the optimism level of members of India Inc after seven quarters.
बीएसई में आज के कारोबार में हिन्दुस्तान फ्लोरोकार्बन्स (Hindustan Fluorocarbons) का शेयर लगभग पाँच फीसदी फिसल गया।
मजबूत वैश्विक संकतों के बीच भारतीय शेयर बाजार में बुधवार के कारोबार की शुरुआत हरे निशान में हुई और इसकी बढ़त दिन भर कायम रही।
The latest round of FICCI’s Economic Outlook Survey puts forth the annual median GDP growth forecast for 2019-20 at 5.0%.
Shomesh Kumar, Market Analyst
Right now, there are two factors either dampening the sentiments or inducing extreme volatility in the system, “The Corona virus & The impending budget”.
