Budget Cxo Interviews News

Kunal Ambasta, Co- founder and Chief Investment Officer at Liquide, has rated the Budget 2024 ‘an 8 out of 10’. In an interview, Ambasta stated that contrary to expectations of it being a populist one, the Modi government has remained steadfast in its vision of shaping a 'Viksit Bharat' by 2047.

Budget 2024 Expectations: MakeMyTrip CEO Rajesh Magow expects more private sector participation and a deduction under income tax along with input tax credit under GST for the travel & tourism industry

Vikas Gupta says he expects increased budget allocation for initiatives like Amrit Kaal and PM Gati Shakti

Budget 2024: Muthoot Finance proposes a 'Gold linked credit line via UPI' by NBFCs and granting 'priority sector status' to gold loans in the upcoming Union Budget 2024 to leverage idle gold holdings in Indian households

In an interview with MintGenie, Apurva Sheth noted that any increase in taxes related to the capital markets like STT, Capital Gains, etc. can lead to a negative impact on the markets. A reduction in capex or defence outlay could hamper the current momentum in the markets, added Sheth.

Budget 2024: Sheersham Gupta, Director and Senior Technical Analyst at Rupeezy, believes keeping the elections in mind, one can expect a populist budget.

The central government is very particular that inflation should be brought down and there is appreciation of the fact that supply-side measures can be done only by the government, the RBI governor said at the Mint BFSI Summit 2024 in Delhi.

Anirudh Garg, Partner and Fund Manager at INVAsset, PMS, believes the Budget 2024 might not bring substantial changes for the stock market and investors, but any important announcements will still be noted and considered for their potential impact.

Vistara CEO Vinod Kannan expects government measures to improve operating climate for airlines in India, including cost reduction and favourable operating conditions.

Anuj Bajpai, Founder & CEO, Liquide, believes that with general elections around the corner, the interim Budget may feature measures with mass appeal, such as tax reductions or subsidies. However, any major announcements in the interim Budget seem unlikely, he added.