Reactions

Updated : Feb 2, 2020

Budget 2020: New tax proposal may hurt exporters and MSMEs

Tax experts say this is an extremely harsh and retrograde provision which has been introduced without much thinking

Finance Minister Nirmala Sitharaman presented Union Budget 2020 in Parliament on Feb 1st, 2020

Updated : Feb 2, 2020

Saffron states praise 'pro-people' budget, others say it lacks vision

Bihar CM Nitish Kumar said the "positive" budget is in the interest of the common man and farmers, while Thackeray and Kejriwal alleged the budget gives "step-motherly" treatment to Maharashtra and Delhi

Budget 2020: The Finance Minister simplified the tax regime by removing exemptions and reducing taxes

Updated : Feb 1, 2020

Union Budget 2020: Here's how India Inc reacted to Nirmala Sitharaman's speech

Budget 2020: Industry body FICCI welcomed Budget 2020, saying this could be a Budget which is a step towards further empowering individual, industry and the nation as a whole

What we see is a liquidity squeeze in the economy. Consumption has come down because of this. There is not enough liquidity in the system.

Updated : Jan 31, 2020

NBFC crisis and its domino effect on Indian economy

The most important thing to do now is not to shock the system, give confidence to the industry, bring liquidity into the system and reduce interest rates.

"The slowdown is real and there is 'need' to be cautious, but it is 'too early' to press the panic button," Arun Singh, Chief Economist, Dun & Bradstreet India said.

Updated : Jan 31, 2020

Indian economy to start recovering from late FY20, says report

The Indian economy is expected to start its recovery from later part of this fiscal thanks to the initiatives taken by the Reserve Bank for policy rate transmission and steps by the government to boost growth, says a report.