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Kushan Mitra
March 27, 2012
India's largest carmaker has announced the setting up of a diesel engine unit in Gurgaon as it estimates two-thirds of vehicular demand this year to be for diesel cars.

Rahul Oberoi/Money Today
April 9, 2012
The 15 per cent Sensex rally in the first two months of 2012 seems to have stoked the embers back to life when hope was dying at the end of 2011 after a year of slide in stock indices.

Sanjiv Shankaran
March 20, 2012
Fiscal deficit feeds into inflation, pushes up interest rates and pulls down growth. In 2011/12, India's fiscal deficit was 5.9 per cent of GDP, 1.3 percentage points more than what was forecast in Budget 2011. This comes on the heels of a fiscal deficit of over six per cent of GDP in two of the last three years.

Washington, March 17, 2012
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.

New Delhi, March 16, 2012
Prime Minister Manmohan Singh says the government will have to bite the bullet and stressed on faster, inclusive growth of the economy.

Shweta Punj
March 15, 2012
The survey projects economy to rebound to 7.6 percent growth from a three-year low of sub 7 percent growth in 2012-2013.

New Delhi, March 15, 2012
Highlights of the Economic Survey 2011-12 tabled in parliament by Finance Minister Pranab Mukherjee on Thursday:

New Delhi, March 14, 2012
Corporate America has urged India's Finance Minister to issue a bold Union Budget that would unleash the next generation of economic reforms and help the country realise its full growth potential.

Anand Adhikari
March 12, 2012
Pranab Mukherjee is not alone in his grief when it comes to India's burgeoning fiscal deficit; finance ministers around the world are losing sleep over governments' mounting expenditure.

Anand Adhikari
March 12, 2012
The finance minister is not expected to pull any rabbit out of the hat, but instead press the gas on another large social-sector scheme - 'food security' targeted at poor people.

Harishanker Subramaniam
February 29, 2012
With the introduction of the Goods and Services Tax (GST) delayed due to a political deadlock, it is likely that the Centre will bring about some significant changes in indirect taxes in the forthcoming Union Budget.

Sudhir Kapadia
February 29, 2012
People have been speculating whether the revenue department will respond by including provisions in Budget 2012 to stem the tide of perceived loss of tax revenues in broadly similar cases.

Chaitanya Kalbag
February 29, 2012
Large chunks of our 'mind space' are taken up by big events, and the government's annual Budget is truly like an assault on Everest - lots of base camps, sherpas carrying in demands and requests from the praja to the raja.

Rajiv Bhuva
February 27, 2012
The Union Budget 2012-13 is expected to target a fiscal deficit ratio of slightly below 5 per cent of the GDP from a likely 5.25 per cent in 2011-12. The slippage is considerable compared to last year's Budget estimate of 4.6 per cent of GDP.

Mail Today Bureau
New Delhi, February 27, 2012
The Union Cabinet is expected to consider Rs 10,000 package shortly to enable inclusion of the provision in the general budget, for which a cabinet note has already been issued for comments to the ministries concerned.
March 13, 2012
Five leading thinkers on the economy joined Business Today Editor Chaitanya Kalbag to brainstorm the options facing the finance minister.

Sanjiv Shankaran
February 23, 2012
Fiscal compulsions might prevent Pranab Mukherjee from granting significant tax concessions. So, the chances of any tax breaks in the Budget are slim, concluded a Business Today panel that discussed Finance Minister's options.

Shweta Punj
February 23, 2012
Pranab Mukherjee is aware that there will be no real infrastructure and capacity addition in the economy unless there is growth in investments.

Anilesh S. Mahajan
February 29, 2012
Reliance Industries has come up against a tough taskmaster in Petroleum Minister S. Jaipal Reddy. Several big-ticket proposals of the company are stuck at the petroleum ministry, something that people who follow the company and the ministry say is unprecedented.

Anumeha Chaturvedi
February 23, 2012
While last year's Budget brought some cheer in the form of an upward revision in the tax exemption limit, members of the FMCG sector, this year too, expect more disposable income in the hands of consumers with a restructuring of I-T slabs in line with Direct Taxes Code.

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