Business Today commissioned market research firm Ipsos for a survey,
which quizzed 100 top executives across Delhi, Mumbai, Kolkata, Chennai,
Hyderabad, Bangalore and Pune.
The company, however, did not specify the model-wise break up of the price increase. In case of utility vehicles like Safari, Aria and Sumo, the hike will be from Rs 8,000 to Rs 35,000.
Bullion markets in the national capital and most of showrooms remained
closed in several parts of the country, All India Sarafa Association
President Sheel Chand Jain said.
A US-India trade group, US-India Business Council, expresses the hope that the government would
deliver on foreign investor friendly key reforms during the budget
session.
With the opening up of the venture capital sector, the investments in
the M&E sector will become attractive. Currently, VCs are allowed to
invest only in nine specified sectors.
Those in the industry looking for positives in the Budget there seems
hope in fiscal consolidation appearing as a key concern for the finance
minister.
The Opposition parties slams the Union Budget presented by
Finance Minister Pranab Mukherjee as anti-people, lacklustre and one
that would increase the financial burden on the common man.