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Moody's lauds Modi govt's 2018 Union Budget, says it strikes balance between fiscal prudence and growth Moody's lauds Modi govt's 2018 Union Budget, says it strikes balance between fiscal prudence and growth The Revised Fiscal Consolidation Path Is Modestly Shallower Than The Previous Roadmap, But Does Not Fundamentally Alter India's Overall Fiscal Strength, Says William Foster, Vice President-Senior Credit Officer At Moody's. PTI | Updated on: 05 Feb 2018, 12:59:32 PM New Delhi: Credit agency Moody's has praised the Modi govt's Budget for 2018-19 stating that ...
Sensex crashes 840 pts on Budget woes, Nifty below 10,800 Sensex crashes 840 pts on Budget woes, Nifty below 10,800 This Is Its Biggest Single Session Fall Since August 24, 2015, When It Had Lost 1,624.51 Points. PTI | Updated on: 02 Feb 2018, 04:20:47 PM Mumbai: Benchmark Sensex plummeted 840 points today—its biggest single-day fall in two-and-a-half years -- while the NSE Nifty ended below the 10,800-mark as the post-Budget sell-off continued for the second straight day. The Budget 2018-19 presented yesterday imposed long-term capital gains tax of 10 per ce...
Apart from this, the government will also infuse capital worth Rs 8000 crore on basis of performance and around Rs 8,000 crore PSB capital infusion would still be available from Budget 2018, said Finance Ministry sources.