Hello readers!
This is interesting times for
Indian economy and stock markets, post the budget.
People (including me) had high
expectations out of Chidambaram's budget which failed to deliver on many counts
including bold moves to grease the economy and markets. For example, it was
negative or absent on clear timetable for GST and DTC roll out, bold moves to encourage/
de-bottleneck investments in infrastructure, power and real estate, Reduction
of Income Tax exemption or deduction limits to improve savings rate /investment
rate, giving...