from Expert Zone:

The stock market’s delayed response to Budget 2013

March 11, 2013

(Any opinions expressed here are those of the author and not of Reuters)

Finance Minister P. Chidambaram tried to humour the market in his budget by cutting the Securities Transaction Tax (STT) which had been one of its sore points. But the market was not amused. The Sensex continued to slide, indifferent to the budget which was presented with a lot of expectations.

from Expert Zone:

India Markets Weekahead: Beware the Ides of March

By Ambareesh Baliga
March 10, 2013

(Any opinions expressed here are those of the author and not of Reuters)

Markets ended budget week below support levels of 5800/5840 and just when the six-month rally seemed over for good, it made a spirited V-shaped recovery to close at 5946 on Friday, with gains of 3.95 percent. The Street is divided with some expecting this to be the beginning of a new rally with the market scaling highs that it missed in February; others see it as a strong pullback which will fizzle out soon.

from Expert Zone:

Budget 2013: Political strategy, not economic blueprint

By R Raghuttama Rao
March 6, 2013

(Any opinions expressed here are those of the author and not of Reuters)

With the dust settling after Budget 2013, the picture is getting a bit clearer. Opinions on the budget have ranged from praise to outright criticism. The true position lies somewhere in between -- depending on one’s political inclination, views on the finance minister and one’s financial interests.

from Expert Zone:

Budget 2013: A rather ambitious budget

March 5, 2013

(Rajan Ghotgalkar is Managing Director of Principal Pnb Asset Management Company. The views expressed in this column are his own and do not represent those of either Principal Pnb or Reuters)

from Expert Zone:

Risk factors in Budget 2013

March 4, 2013

(Any opinions expressed here are those of the author and not of Reuters)

Finance Minister P. Chidambaram has apparently done the impossible. He has brought down the fiscal deficit in the current year from the budgeted 5.3 percent to 5.2 percent in spite of the fall in revenues. What’s more, the deficit was further slashed to 4.8 percent in the 2013/14 budget. Is that realistic?

from Expert Zone:

Budget 2013: A run-of-the-mill affair

By Andrew Freris
March 4, 2013

(Any opinions expressed here are those of the author and not of Reuters)

After the sustained hype of a game changer budget, Budget 2013 was a totally run-of-the-mill affair with no announcements of any kind of deregulatory or growth propelling initiatives.

from Expert Zone:

Budget 2013: A high-calorie budget

By Apurva Shah
March 4, 2013

(Any opinions expressed here are those of the author and not of Reuters)

India’s left-leaning government believes in the ‘eat more, burn more’ philosophy in managing its finances. Budget 2013 takes that idea further with an even stronger projected rise in spending.

from Expert Zone:

Budget 2013 does have some words of wisdom

By R Rajagopal
March 2, 2013

(Any opinions expressed here are those of the author and not of Reuters)

The finance minister had a tough job in hand with this being the government’s last budget before elections due in 2014. P. Chidambaram had to focus on fiscal consolidation while walking a tightrope between populism and pragmatism.

from Expert Zone:

Budget 2013: An opportunity missed

By Ambareesh Baliga
March 1, 2013

(Any opinions expressed here are those of the author, and not necessarily of Thomson Reuters)

from Expert Zone:

Budget 2013: Visible impetus on growth

By Y. M. Deosthalee
March 1, 2013

(Any opinions expressed here are those of the author, and not necessarily of Thomson Reuters)