Budget 2018 Expectations

Last year, the tax exemption on long-term capital gains (LTG), which was earlier available on market sale of listed equity shares, was withdrawn and respite was given for investments made prior to January 31, 2018, by allowing taxpayers to substitute the fair market value of such shares on January 31, 2018 as cost base subject to conditions.

Karnataka Chief Minister HD Kumaraswamy will present the Congress-JDS coalition government's maiden budget today, amid high expectations of farm loan waiver.

LG has launched the LG K8 (2018) under the brand LG K9 in Russia.

Honda Cars India will soon increase car prices in the country as a result of the increased customs duty, which was recently announced at the Union Budget 2018. The increase in the basic customs duty on auto parts, accessories and CKD components vary from 5 to 10 per cent.

This week, volatility in global stock markets, along with macro-economic data points, is expected to influence the domestic market movement, say analysts.

The Indian electric vehicles (EV) market is expected to grow at double digit rates till 2020, while the nascent telematics market is also poised to develop at a much faster rate, industry chamber Assocham said on Sunday.

Analysts on average had expected a profit of Rs 2,067 crore, Thomson Reuters Eikon data showed.

In Budget 2018, Finance Minister Arun Jaitley proposed to impose LTCG on equities exceeding Rs 1 lakh at 10 per cent, which is expected to bring in revenue of Rs 20,000 crore.

Traders said sentiment was downbeat as the precious metal fell to four-week lows on a firmer dollar amid expectations of more US interest rate hikes, diminishing appeal of gold as a safe haven bet.

Online reports suggest that the upcoming ZTE Blade V9 will be "quite affordable" considering its placement in the budget segment.

All but two of 60 economists in a Reuters poll predicted the repo rate would be kept on hold at its lowest level since November 2010.

The stock markets declined on Wednesday with the BSE Sensex falling more than 100 points amid a recovery in global markets. Most Asian markets ended in the red, while European markets were mostly higher in early trade. Overnight, the Dow Jones Industrial Average rose over 2 per cent in a volatile session and most of the Asian markets were also in t...

The Reserve Bank of India or RBI is expected to keep repo rate unchanged at 6 per cent today even though inflation is above its medium-term target, according to a Reuters poll. But a majority of economists also expect the central bank's tone to turn hawkish in its latest policy decision, to be announced at 2:30 pm today. Retail inflation hit a 17-m...

Inflation is expected to accelerate after the government's budget last week widened its fiscal deficit target for the fiscal year starting in April to help finance a sharp increase in spending in the rural areas and on healthcare.

A majority of economists also expect the central bank's tone to turn hawkish when it announces its latest policy decision on Wednesday.

Last year, the tax exemption on long-term capital gains (LTG), which was earlier available on market sale of listed equity shares, was withdrawn and respite was given for investments made prior to January 31, 2018, by allowing taxpayers to substitute the fair market value of such shares on January 31, 2018 as cost base subject to conditions.

Karnataka Chief Minister HD Kumaraswamy will present the Congress-JDS coalition government's maiden budget today, amid high expectations of farm loan waiver.

LG has launched the LG K8 (2018) under the brand LG K9 in Russia.

Honda Cars India will soon increase car prices in the country as a result of the increased customs duty, which was recently announced at the Union Budget 2018. The increase in the basic customs duty on auto parts, accessories and CKD components vary from 5 to 10 per cent.

This week, volatility in global stock markets, along with macro-economic data points, is expected to influence the domestic market movement, say analysts.

The Indian electric vehicles (EV) market is expected to grow at double digit rates till 2020, while the nascent telematics market is also poised to develop at a much faster rate, industry chamber Assocham said on Sunday.

Analysts on average had expected a profit of Rs 2,067 crore, Thomson Reuters Eikon data showed.

In Budget 2018, Finance Minister Arun Jaitley proposed to impose LTCG on equities exceeding Rs 1 lakh at 10 per cent, which is expected to bring in revenue of Rs 20,000 crore.

Traders said sentiment was downbeat as the precious metal fell to four-week lows on a firmer dollar amid expectations of more US interest rate hikes, diminishing appeal of gold as a safe haven bet.

Online reports suggest that the upcoming ZTE Blade V9 will be "quite affordable" considering its placement in the budget segment.

All but two of 60 economists in a Reuters poll predicted the repo rate would be kept on hold at its lowest level since November 2010.

The stock markets declined on Wednesday with the BSE Sensex falling more than 100 points amid a recovery in global markets. Most Asian markets ended in the red, while European markets were mostly higher in early trade. Overnight, the Dow Jones Industrial Average rose over 2 per cent in a volatile session and most of the Asian markets were also in t...

The Reserve Bank of India or RBI is expected to keep repo rate unchanged at 6 per cent today even though inflation is above its medium-term target, according to a Reuters poll. But a majority of economists also expect the central bank's tone to turn hawkish in its latest policy decision, to be announced at 2:30 pm today. Retail inflation hit a 17-m...

Inflation is expected to accelerate after the government's budget last week widened its fiscal deficit target for the fiscal year starting in April to help finance a sharp increase in spending in the rural areas and on healthcare.

A majority of economists also expect the central bank's tone to turn hawkish when it announces its latest policy decision on Wednesday.