Budget 2011: other media coverage -22 February 2011

Budget 2011: other media coverage -22 February 2011

The Economic Times

Budget 2011: PMEAC asks government to withdraw some stimulus

Ahead of the general Budget , the Prime Minister’s Economic Advisory Council today asked the government to withdraw some tax incentives provided to the industry to combat impact of the global financial meltdown . (Read complete story)

Budget 2011: Car companies split over import duty

The proposed India-EU trade agreement has divided car makers with Pawan Goenka, the president of industry body Society of Indian Automobile Manufacturers (SIAM), opposing any move to cut duty on imported cars while several members, including foreign luxury car makers such as Audi, Mercedes and BMW, batting for lower tariffs. (Read complete story)


Expect more policy initiatives this budget: JPMorgan

The markets could fall 7-10% further from current levels, believes Bharat Iyer, head of India equity research at JPMorgan. (Read complete story)

Don’t see urea policy going to budget: National Fertilizer

The chairman and managing director of National Fertilizers, VK Sharma, in an exclusive interview on CNBC-TV18 spoke about the budget expectations from the fertilizer space. (Read complete story)

Expect budget to rationalise taxes in media sector: Dish TV

In an exclusive interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, Jawahar Goel, the Managing Director of Dish TV says that the budget expectations includes clarity and rationalisation of taxes in the media sector. (Read complete story)

Budget should focus on corporate bond market: IRB Infra

V.D. Mhaiskar, the CMD of IRB Infrastructure, in an interview on CNBC-TV18 spoke said that they are starting to see some movement from the NHAI in awarding financial bids. (Read complete story)

Looking forward to a outcome-based budget: Mastek

This year the India Inc. is looking forward to an outcome based budget with focus on reducing the fiscal deficit. (Read complete story)

TVS’s Srinivasan expects 2% hike in excise duty for auto

Excise duty on automobiles could be hiked by 2% in the forthcoming budget, feels Venu Srinivasan, chairman and managing director, TVS Motors. (Read complete story)

Fiscal prudence is difficult than World Cup win: Religare

The Cricket World Cup begins this weekend, but our wishes are with the FM more than the Indian Cricket team (who are the favorites anyway). (Read complete story)