Posted at 11:24 AM , on February 11, 2019
The February monetary policy did spring a surprise. The general consensus in the market was that the RBI would shift its stance to neutral. However, the MPC went one step ahead. It not only shifted the stance to Neutral but also cut the repo rates by 25 bps on the back of lower inflation estimates. But, this policy was significant in more ways than one.
Posted at 11:08 AM , on February 4, 2019
Over the last few years, the one sector that has really struggled has been the realty sector. It all began with the excess inventory in most of the major cities running into several years of sales. Then there was demonetization, RERA and GST, which spooked real estate transactions in a big way. Real estate has always been a cash based sector and the cash crunch hit this sector really hard. Recently, the NBFC crisis also shut the funding taps for realty. In these conditions, the budget has some really positive provisions for realty?
Posted at 11:04 AM , on February 4, 2019
With farm distress at a high, the focus of the budget was obviously going to be on the farmers. The government had committed to double farm incomes by 2022 and it was time for serious steps. Here are 3 key steps that the budget took towards giving a boost for rural India.
Posted at 11:01 AM , on February 4, 2019
The Union Budget ahead of an election was always going to be a lot more about politics than about economics. Not surprisingly, the budget has been liberal in doling out tax exemptions for the middle and lower income tax payers. Here are 3 ways the government has sought to pamper the Aam Aadmi.