Union Budget Reaction by CapitalAim

Investors and market analysts were expecting strong reforms or a roadmap for reforms from the new Finance Minister in second term of Narendra Modi government. However, the budget has failed to offer anything concrete about the plans of Modi government to improve economic conditions in India and fuel job growth. Post-budget reaction from Mr. Romesh Tiwari, Head of Research, CapitalAim.....

The budget fell short of expectations of Investors and traders lacking any major steps and a clear action plan for support for the domestic economy. The market immediate reaction is negative due to many factors that remained unaddressed in the budget. Some factors that traders are reacting to are:-

Union Budget Views by Epic Research and Stock Market Impact

Indian Budget failed to cheer up investors and the markets are expected to decline post budget considering the lack of clarity in the budget. The budget offers a strong vision but the Finance Minister as skipped the specifics. Comments on Union Budget 2019 by Mr. Mustafa Nadeem, CEO, Epic Research.

The budget in the overall scenario seems very balanced at this point in time. If we try it to compare with the interim budget there are only a few takeaways like firstly the increase in holding of up to 35% in listing companies. This is going to improve depth as well as make various listed companies available to retail participants. It will also attract foreign investment.

Piramal Group Chairman Ajay Piramal's Views on Union Budget

Finance Minister has presented the Union Budget 2019 which failed to cheer up investors. Piramal Group Chairman Ajay Piramal has commented on the budget announcements by BJP-led government.

The Union Budget 2019 is marked with a long term 10-year vision while retaining focus on the immediate priorities. The government’s roadmap to position the economy for future sustainable growth will resonate with both domestic and international stakeholders. India now approaching the global markets to raise sovereign debt, indicates the country’s readiness to be sized amongst the best in the world. This is a huge vote of confidence in the economy and its trajectory.

Indian Markets Uncertain as Budget Fails to Cheer Up Investors

Investors weren’t expecting too much from the Union Budget but the Finance Minister has failed to offer anything concrete or exciting. Indian economy will remain strong in long term but investing community always looks forward to strong reforms from government. The recently presented Union Budget hasn’t provided for any concrete steps. Many market analysts have criticized it as a political speech rather than an account of spending and earnings of the government.

Prime Minister Modi came back with a strong mandate and market players were expecting a reform-led budget. However, as the reforms have been put on the backburner, it seems that markets will find their direction with other triggers in near future.

ITI courses and a candidates Career Options after that (after class 12th conducted ITI courses)

In the world of professionals out there it is the question of every mind what next.?

ITI Courses After 10th And The Kind Of Work Available For The Candidates

In 1950, just after independence, India had a shortage of Technical craftsman and also some junior level skilled workers in order to promote Engineering works.


News in Focus

Peugeot announces prices for e-208 in the UK

In an official announcement, Peugeot UK has finally revealed the cost and specifications of the upcoming, all-new 208 in the country.

Retail Chain Wawa plans Tesla Superchargers at 30 stores within a year

US electric vehicle manufacturer Tesla and convenience store chain Wawa are planning the expansion of Tesla Supercharger network at Wawa stores.

President Trump backs down on Higher Tariffs on Chinese Goods

President Trump backed down on his tariffs increase on Chinese goods as the stock markets plunged. As the treasury yields turned negative, stock markets witnessed strong selling.

Hero MotoCorp plant to remain closed for four days due to lower demand

In another alarming sign for Indian automobile sector, Hero MotoCorp has announced that the company will keep its plant shut for four days on account of holidays and lower demand for its two-wheele

Panacea Biotec reports lower loss at Rs 28 crore during first quarter

Panacea Biotec has reported lower quarterly loss at Rs 28 crore compared to the same period last year.

Is Kashmir's Real Estate Market Opening Up? Review by ANAROCK Property Consultants

The government’s recent decision to revoke Article 370 and Article 35(A) is expected to have a positive impact on Jammu & Kashmir’s overall real estate market, which has been quite dismal so fa