from Expert Zone:

Budget strikes the right chord on reviving investment

By Mukesh Agarwal
July 15, 2014

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

from Expert Zone:

Budget 2014 is only the first step

July 14, 2014

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

Much was expected from Budget 2014/15 without realizing that India’s economy has its own rhythm, which changes only by small degrees if left to itself. That is why big-ticket reforms are necessary to quicken the pace. Finance Minister Arun Jaitley had reason to move forward with caution and make changes only at the fringes.

from Expert Zone:

Budget 2014/15 reveals priorities, sets the stage

By Gautam Chhaochharia
July 14, 2014

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

The new Narendra Modi government rides on a long wishlist of policies and reforms, with limited resources. Budget 2014/15, as expected, reveals the government’s priorities in the near and medium term.

from Expert Zone:

India Markets Weekahead: ‎Book out of high-beta stocks

By Ambareesh Baliga
July 13, 2014

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

Finance Minister Arun Jaitley (C) poses as he leaves his office to present the federal budget for the 2014/15 fiscal year, in New Delhi July 10, 2014. REUTERS/StringerThe Narendra Modi government presented its maiden budget on Thursday. Although the budget was welcomed by industry leaders, the market meltdown seems to be telling a different story, with the Nifty posting its biggest weekly loss in 15 months.

from India Insight:

VIDEO: India’s auto sector and budget expectations

July 9, 2014

India's automobile sector may have been dented by negative sales for two straight years, but the Society of Indian Automobile Manufacturers (SIAM) is hoping to see an uptick in sales this fiscal year.

from India Insight:

Railway Budget 2014: Highlights at a glance

July 8, 2014

In his maiden budget, Railway Minister Sadananda Gowda said the bulk of future railway projects will be financed through public-private partnerships and his ministry would seek cabinet approval for allowing foreign direct investment in the state-owned network, excluding passenger services.

from Expert Zone:

‎India Markets Weekahead: Correction could follow budget week

By Ambareesh Baliga
July 6, 2014

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

Last week's robust pre-budget rally belied expectations, with the Nifty closing up more than 3 percent at a record high of 7,751‎. Automobile sales, manufacturing PMI as well as services PMI showed an uptick. The Iraq turmoil seems to have taken a back seat with oil prices receding from a nine-month peak. A rally in world markets, with life highs for the DJIA and S&P 500, also aided sentiment.

from Expert Zone:

India Markets Weekahead: Wait for post-budget opportunities

By Ambareesh Baliga
June 29, 2014

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

Markets were fairly volatile last week, reacting to tough measures taken by the Narendra Modi government to get India’s economy back on track amid worries over monsoon rains and the situation in Iraq.
cfcd208495d565ef66e7dff9f98764da.jpgLong-term investors hailed the hike in railway freight and passenger fares as a step in the right direction to bring down indirect subsidies. However, the government rolled back the hikes on suburban fares to a large extent due to political considerations.

from The Great Debate UK:

Is controlling your own pension really a good thing?

March 20, 2014

A central pillar of George Osborne’s 2014 budget was the announcement that pensioners will no longer have to buy an annuity upon retirement and that they would have more control of their pensions pots, including the freedom to withdraw cash without incurring penalty tax changes.

from The Great Debate UK:

Backing up the rhetoric

By Guest Contributor
March 20, 2014

John Angood–John Angood is Tax Senior Manager at BDO LLP. The opinions expressed are his own.--