union budget 2014-15
The new NDA governments promise of rural infrastructure and affordable housing seems to move on a positive trend after the Union Budget 2014-15. The latest move in this regard is the sanctioning of Rs 1,023.73 crore for Orissa, by the National Bank for Agriculture and Rural Development (Nabard). Nabard has made this from its rural [...] Continue Reading »
The realty industry appears to be on the verge of recovery, with the bounce back in economic growth leading to an increase in real estate-related enquiries with realty developers. Reporting that realty enquiries have witnessed a surge of late, realty developers have also asserted that many of the enquiries have also resulted in property purchases. [...] Continue Reading »
It seems good times could well be back for the consumer goods sector. In the last few months the retail sector and the consumer goods sector have seen some surge in the sales figures. The rise in consumer demand is, however, yet to translate into growth in core sector products such as steel and cement. [...] Continue Reading »
After the formation of the new government led by Prime Minister, Narendra Modi, the finance ministry had a tough task of preparing a budget that could help answer the problem that the Republic of India has been facing. However it cannot be expected that all the problems will get answered at once. The people of [...] Continue Reading »
The union budget this year has stressed on improving the cities with upgraded technologies. We have also seen the setting aside of an amount for the building of 100 smart cities which is being termed as the dream of the Prime Minister, Narendra Modi. Recently many cities including the National Capital Region is upgrading their [...] Continue Reading »
The change in direct taxes levied by the government will leave the corporate with more amount of money to spend on investing and kick starting growth. The only bad news is the increment in the effective dividend tax distribution which is a tax that companies pay on dividends. However their outgoing tax may increase only [...] Continue Reading »
The Budget had scored many hits and misses just like the on-going football world cup. The investors were confused to quite an extent after following the finance minister Arun Jaitley’s maiden Budget. Eventually, after an exceptionally volatile intra-day trading that saw the Sensex move more than 800 points, the benchmark lost 72 points. Jaitley decided to [...] Continue Reading »
The current budget emphasises on the economical use of resources and cuts down on expenditure. Looking at the condition of the central treasury, Jaitley’s budget does not emphasise on allotting budget for the infrastructure and other sectors, instead has opened the floodgate for FDI and retail investments in the forms of REITs and InvITs so [...] Continue Reading »
On Thursday as the Budget halted shortly after announcing measures to better big-bang issues and increasing measures to support growth, Indian equities felt more than their initial share of volatility. The budget spoke about the Centre’s commitment to fiscal prudence. The tug of war that existed between the bulls and bears was finally won by [...] Continue Reading »
The smart cities are all that have been taken care of in the Budget, the FDIs and SEZs. The Budget has allocated an amount of Rs 7,060 crore for 100 smart cities. The prime minister of India, Narendra Modi wants to see 100 smart cities which will be a strong measure and will help India [...] Continue Reading »
