Reactions

Updated : Jul 24, 2014

Modi govt's first Budget gives big push to agriculture

The budget listed many measures to improve irrigation, strengthen warehousing, expand R&D, boost farm credit, enhance productivity, etc.

Updated : Jul 24, 2014

Budget 2014 an opportunity lost for Narendra Modi govt: Shardul S Shroff

In the politics of the country, there has been a clean break from the past. This ought to have been followed on taxation too.

Updated : Jul 22, 2014

Modi govt's pursuit of fiscal deficit target will hit growth: DK Srivastava

Chances are next to nil that the revenue targets can be met. Further, the central government has rarely succeeded in meeting disinvestment targets and some slippage is quite likely.

Updated : Jul 19, 2014

Gulf-based NRIs hail Budget 2014-15 as 'growth-oriented'

"The Budget of 2014-15 affirms the vision of the government to bring about all-round development in the country, with emphasis on manufacturing, job creation, and skill development," said NMC Healthcare CEO BR Shetty said.

Updated : Jul 19, 2014

India needs to have more incubators and more start-ups: GM Rao

Business Today spoke to GMR Group Chairman GM Rao on what he thinks about Finance Minister Arun Jaitley's Budget for 2014-15 financial year.

Finance Minister Arun Jaitley (Photo: Reuters)

Updated : Jul 16, 2014

Who said what about Union Budget 2014-15

Who said what about Union Budget 2014-15-

Updated : Jul 14, 2014

Budget announcements positive for infra in long term, says Fitch

"The new Indian government...reasserted one of its core economic priorities to address the country's infrastructure deficit...infrastructure to get multi-year boost," it said in a note on Monday.

Updated : Jul 14, 2014

Union Budget has no impact on India's sovereign ratings, says S&P

"We think the Budget is favourable to credit fundamentals to the extent that fiscal debt and interest ratios are expected to continue to improve," said Agost Benard, an associate director, at Standard & Poor's Ratings Services during a teleconference with reporters.

Updated : Jul 12, 2014

Volatile BSE Sensex closes 72 points down after Budget 2014

The BSE index's third straight day of losses were also a result of late profit-taking that wiped out mid-session gains. Today's close is the lowest since June 27.

S.V. Sukumar, Partner and Head Strategy & Operations Practice, KPMG in India

Updated : Jul 12, 2014

Budget 2014 is a statement of intentions for manufacturing sector: SV Sukumar

Business Today spoke to S.V. Sukumar, Partner and Head Strategy & Operations Practice, KPMG in India, on what were the key takeaways for him from Finance Minister Arun Jaitley's maiden Budget for 2014-15.

Updated : Jul 10, 2014

Budget 'anti-poor' and a 'disappointment': Cong leads opposition fire

Despite raising expectations, the budget has turned out to be a "missed opportunity" for BJP, they said as they begun by expressing apprehension that raising the tax exemption limit by Rs 50,000 was just "inadequate" when inflation was running high.

Updated : Jul 10, 2014

Budget to send positive signal to foreign investors: Lord Paul

Paul, founder-Chairman of the Caparo Group, which has sizable investments in India in the steel and automotive sectors, said, "I congratulate Finance Minister Arun Jaitley and Prime Minister Narendra Modi for clearly laying out the roadmap for economic recovery of the country.

Updated : Jul 10, 2014

Union Budget 2014-15: Kejriwal slams Union Budget, calls it a dud

The AAP leader said that the budget neither favours the poor and middle class nor does it favour the corporate sector and there was no difference between the NDA and the UPA.

Updated : Jul 10, 2014

Budget credit positive, but implementation is the key: Fitch

Fitch Asia-Pacific sovereigns group head Andrew Colquhoun further said the agency is "surprised that Finance Minister Arun Jaitley has stuck with the outgoing government's fiscal consolidation path. But we are now unsure how this can be met without further revenue-strengthening or expenditure-saving measures"

Updated : Jul 10, 2014

Budget 2014 is 'sanjeevani' for moribund economy: PM

The Prime Minister stated that despite the "testing times", his government is committed to extend every possible help to the poor, the neo-middle class and the middle class, inspired by the mantra of 'Sabka Saath, Sabka Vikas'.