The Finance minister’s proposal to make it mandatory for companies listed on stock exchanges to maintain a minimum public holding of 25 per cent is likely to result in many companies...
If the deepening fiscal deficit is the single-most worrying factor for analysts and economists, they can take heart from at least four crucial issues that Finance Minister Pranab Mukherjee...
The disappointment was clearly visible on Dalal Street. High optimism suddenly paved way to pessimism.
The government has given a clear indication to the commodities exchanges that it would like to see their business grow...
Finance minister Pranab Mukherjee has maintained the allocation of Rs 18,000 crore under rural infrastructure development fund for 2009-10 too.In 2008,the National Bank for Agriculture and Rural Development had paid Rs 18,000 crore under RIDF.
Despite the abolition of the FBT, markets slipped as the Budget lacked any substantial direction finders
The Budget 2009-10 restated the government’s intent to sell up to 49% stake in firms owned by states. Markets participants were, however, disappointed since the government did not spell out the contours of its disinvestment strategy.
The point is made clear. The finance minister points out that even as the global financial conditions show improvement, uncertainties relating to the revival of the global economy remain. Thus the efforts to provide further stimulus to the economy would continue.
Markets gave a big thumbs-down to budget as the benchmark Sensex tanked over 800 points.
Fiscal deficit has widened to over 6 per cent last fiscal, after economic slowdown forced the government to cut taxes.
The average size of IPOs rose by nearly half in 2008 over 2007, though the financial meltdown may have scared away many from the primary capital market.
All financial market regulations should be brought under the SEBI, the Economic Survey said.
FM’s snapshot of economy was upbeat and said the outlook for a resumption was achievable.
The Bombay Stock Exchange benchmark Sensex on Thursday ended moderately up by 13 points.
Indian equity markets, which closed with some smart gains on Friday, might continue it upward rally in the markets ahead of crucial presentation of Union Budget 2009, on July 6. Apart from that, domestic markets are likely to track global cues for the direction in the coming wee...
Markets remain grounded in run up to the Union Budget. Investors took a cautious approach ahead of the forthcoming Union Budget as open interests carried forward to the July series in the derivatives segment stood at 64%, down from 70% reported in previous months.
The flamboyance of former railway minister Lalu Prasad gave way to a rather...
