Experts hail Budget 2015 as a progressive, growth oriented one.
Vijay Mallya has lost control of his companies.
IT and pharma companies again save the day; mask pain in domestic consumption.
Arun Jaitley had a tough fiscal hill to climb.
'...Unless we muck up our policies.' 'We have to become a modernised economy.' 'Our institutions should be stronger. And that is most important.' 'The rule of law should prevail and contracts should be enforced.' 'Above all, we have to recognise the importance of globalisation.' 'It is in our favour at this stage. We should grow and become globally competitive.'
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
Dabhol's assets will be demerged into the power plant and the LNG terminal.
Finance Minister Arun Jaitley said the inflation index would determine the nominal growth figure, and it is better to set modest targets and outperform them.
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