expectations-high-from-the-upcoming-budget-market-experts

Expectations high from the upcoming budget: Market Experts

New Delhi/ Mumbai, Feb 28 (ANI): Market experts feel that the budget for the fiscal year 2015-16 will be in line with the expectations of the common man and will change India's growth trajectory. Prime Minister Narendra Modi's stomach for free-market economics faces a major test on Saturday (February 28), in a budget India's top economic advisor has warned could wreck the leader's promises of "good days" if there's no roadmap to reform. Market expert, Akash Jindal, said on Saturday that the annual budget should help reduce the deficit in the common man's household budget. Chief Executive Officer (CEO) of Bombay Stock Exchange (BSE), Ashish Chauhan said that a pro-industry budget was the need of the hour, which creates jobs. Feb 28, 2015
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Philip Hammond, Jihadi John, Mohammed Emwazi, British Government, ISIS

Maharashtra/ Madhya Pradesh/ Kerala, Feb 28 (ANI): Citizens across India hope that Narendra Modi government comes up with a pro-people budget as it prepares to present its first full-fledged annual budget in Parliament for the fiscal year 2015-16. Prime Minister Narendra Modi's target for free-market economics faces a major test on Saturday (February 28), in a budget India's top economic advisor has warned could wreck the leader's promises of "good days"if there's no roadmap to reform. Reaping the benefits of low global prices for oil, India's main import, Modi's government sees itself in a sweet spot with spare cash to modernize ageing roads and railways without busting fiscal deficit and inflation targets. However, analysts warn that Indian stocks are overvalued and that equity markets could see a sell off of 6-8 percent if the pro-growth measures in the budget, to be unveiled by Finance Minister Arun Jaitley at 11.00 a.m. (0530 GMT), fall short of expectations Feb 28, 2015
india-in-sweet-spot-to-achieve-sustainable-double-digit-growth-economic-adviser

India in sweet spot to achieve sustainable double-digit growth: Economic Adviser

New Delhi, Feb 28 (ANI): Chief Economic Adviser at the finance ministry, Arvind Subramanian, on Friday (February 27) said that India was in a sweet spot to achieve sustainable double-digit growth and the country was a recovering economy. The Economic Survey, the basis for Jaitley's budget for the fiscal year starting April 1, forecast growth of 8.1 percent to 8.5 percent under new calculations that make India the world's most dynamic big economy. The forecast marks an acceleration from growth of 7.4 percent in the current fiscal year. Other indicators of India's economy are not as rosy as Gross Domestic Product (GDP) data suggests. Earnings of the country's top 100 companies shrank by 6 percent in the last quarter, private investment and consumer demand are weak and merchandise exports are falling. Feb 28, 2015
dow-nasdaq-winners-fourth-straight-week

Dow, Nasdaq winners fourth straight week

Mixed data Friday suggests the economy is slowly improving. But it didn't keep stocks from sliding on the day. Still, the Dow and Nasdaq rose for the fourth straight week. U.S. economic growth Feb 28, 2015
finance-minister-gives-final-touches-to-budget

Finance minister gives final touches to budget

New Delhi, Feb 27 (ANI): Finance minister Arun Jaitley on Friday gave final touches to 2015-16 budget a day ahead of its presentation in Parliament. Jaitley was accompanied by his junior colleague Jayant Sinha and officials. The economic survey, the basis for Jaitley's budget for the fiscal year starting April 1, forecast the economy would grow by 8.1-8.5 percent under a new calculation method that makes India the world's top-growing big economy. It said a return to the heady days of double-digit economic growth was expected. Feb 27, 2015