After Finance Minister Arun Jaitley's Union Budget 2018-19, EY analyses the impact of the announcements on each of the 50 midcap stocks listed on the NSE
Bond dealers are reckoning on at least one rate hike in the second half of the next financial year
The growth projection for FY18-19 is basically in line with the forecast of the IMF
Fixed capital formation, which accounts for 70% of the capital spend, shows a worrying trend
CPI leader D Raja said the Budget shows the "desperate attempts of the government to hoodwink the people" in 2018
The measures particularly in agriculture may not be enough to revive the sector and double the farm income
Farmers are exposed to risks from the point they start working on a new crop to the unpredictability of weather about 55% of agriculture is still dependent on rains
The current year's capital expenditure has been cut by Rs 110 billion
He says he is looking at more effective utilisation of our time and tracks
The government would use block chain - a technology used to trace back transactions - in governance and digital payments
The Railways has avoided any change in fares affecting the 750 billion unreserved second class and suburban commuter passenger km and also the 280 billion second class reserved passenger km
The change in income tax slab for micro, small and medium enterprises (MSMEs) is a bold move
The steps announced in the Budget will help attract larger corporate investment in the farm sector
The government has done well in terms of modernisation of big airports and rejuvenation of smaller ones
He says the glide path of the Indian economy would remain consistent
If a Budget has a colour, this one was yellow
There are over 4 million users of cryptocurrencies in India
The FM's promise to rationalise foreign direct investment will be welcomed by both start-ups and investors
In Union Budget 2018, Finance Minister Arun Jaitley has tightened anti-black money provisions
The finance minister Arun Jaitley also introduced a 10% tax on long-term capital gains over Rs 100,000