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About 8 results for "fy 2008 09"

Weak Start to the Week; PSU & Metal Stocks Fall

Posted by Equitymaster Indian share markets continued to witness selling pressure in the afternoon session as benchmark Sensex slipped below the 34,000-mark. At the closing bell, the BSE Sensex closed lower by 236 points and the NSE Nifty finished lower by 74 ... Equitymaster.com, 2 days ago
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Grand plans, Mr Jaitley, but where is the money?

Is the Budget sufficiently prudent? It probably is but at the cost of substantial under-provisioning for the many grand sounding schemes announced in it, says Nitin Desai. A budget has to be evaluated against its effectiveness in promoting the stated policy goals of the government.   The primary economic function of the Centre’s budget is the maintenance of macroeconomic stability. But the specific tax and expenditure proposals in the Budget impact on other policy objectives such as ...
 Rediff.com1 week ago
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UTI AMC may finally list on the bourses

UTI’s legacy and brand recognition, together with a robust distribution network and access to public sector money, could work in its favour, and help it command a premium. Illustration: Uttam Ghosh/Rediff.com The Securities and Exchange Board of India’s (Sebi’s) move to put a 10 per cent cross-shareholding cap in mutual funds may finally pave the way for UTI AMC to list itself on the bourses, provided the government gives its nod.   The market watchdog’s move is ...
 Rediff.com1 month ago
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Budget 2018: FY19 fiscal deficit target may be set at 3.2%

The government had breached its fiscal deficit target given in the Budget for 2017-18 in November itself, touching 112 per cent of the limit. Illustration: Uttam Ghosh/Rediff.com Instead of the earlier aim of a fiscal deficit not exceeding three per cent of gross domestic product (GDP) for 2018-19, the government’s Budget makers are considering a 3.2 per cent of GDP target, which is also the aim for the ongoing year, 2017-18.   In what will be the last full Union Budget before the ...
 Rediff.com1 month ago
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