market-impact News

From Corporates & Markets About a year ago

Sensex gains 143 points, at 30-mth high

From Money & Funds 3 years ago

Equity funds get a big boost

Foreign investors would soon be able to invest in local equity fund schemes, giving succor to equity mutual funds, whose assets have been dwindling since the entry load was banned in August 2009.
From Market Impact 3 years ago

A growth-oriented budget

The Union Budget for FY2012 is a growth-oriented one that seeks to build on India’s strengths and address the challenges that we face.
From Market Impact 3 years ago

Boost to steel sector; hurdles for sericulture

The steel sector, especially in states like Karnataka, could get a much needed boost with the enhancement of export duty for all types of iron ore, which has been unified at 20% ad valorem. Earlier iron ore lumps attracted export duty of 15% and fines 5%.
From Market Impact 3 years ago

MFIs upbeat on equity fund creation

Microfinance institutions are quite upbeat on the creation of an equity fund to the size of Rs 100 crore to bail them out in the wake of the present crisis.
From Commodities 3 years ago

Budget With A Perspective on Commodity Market

Not swayed by today’s challenge of inflation, the FM has presented us with a soundly growth-oriented budget. This Budget will facilitate higher capacity creation through increased investments and ensure taming inflationary pressures through strong supply-side augmentation measures.
From Commodities 3 years ago

‘FM rightly pointed out serious flaws in supply chain’

The finance minister has rightly pointed out serious flaws in our supply chain, which originates from government-regulated ‘mandis’, preventing end-users and processors from integrating their enterprises with farmers.
From Commodities 3 years ago

Thumbs up for farm infra, marketing system

The finance minister's thrust on the proposal to grant 'infrastructure sector' status to cold storage facilities, exempting cold chain equipment from excise duties, besides the overall thrust on ensuring agricultural growth, was supported by commodity exchanges and experts.
From Money & Funds 3 years ago

Steps taken to attract investments in the power sector

While the honourable FM outlined the theme of the Budget by saying that food inflation is a key area of concern and that strong fiscal consolidation is necessary, the Budget seems to be a mixed bag for power sector.
From Money & Funds 3 years ago

The focus should now shift to execution

The Budget has been presented in a tone of 'All is well'. India is facing the heat of high inflation and slowing growth. Higher oil prices are hurting deficit on the current and fiscal side as well as fuelling inflation. FIIs are pulling out of the Indian markets.
From Money & Funds 3 years ago

Risks to current account deficit remain

The risks to India’s current account deficit widening remain, Subir Gokarn, deputy governor, the Reserve Bank of India, told reporters in Mumbai on Monday.
From Markets 3 years ago

Stocks: Joy gives way to realism

While the stock market rallied on news of a lower fiscal deficit, Sensex pared gains later.
From Money & Funds 3 years ago

A Pragmatic Budget to steady gains of last year

A pragmatic budget with a bias to steady and consolidate the gains of last year. Overall non populist unless we see surprises during the year, and non reformist with no policy announcements on insurance, banking or retail.
From Money & Funds 3 years ago

FM ups allocation for investment in tax-free infra bonds

In a major move towards attracting large investments into the infrastructure sector, finance minister Pranab Mukherjee has increased the Budget expenditure for the sector for 2011-12 by 23% to Rs 2.14 lakh crore, while allowing issuances of tax-free bonds worth Rs 30,000 crore.
From Money & Funds 3 years ago

Boost to MF, agri & low-cost housing

Providing a boost to micro finance sector sector, the Budget for 2011-12 has announced a Rs 100 core Indian micro finance equity fund to be set up by SIDBI.
From Money & Funds 3 years ago

Govt to raise Rs 40k crore in FY12

Moving in line with the disinvestment agenda set for FY11, the finance minister has set a target of Rs 40,000 crore for the fiscal year 2012.