http://www.valuenotes.com/ ValueNotes Economy Reports Your Gateway to Indian Financial Markets xx http://www.valuenotes.com/rss/rss.gif http://www.valuenotes.com/ Increased individual tax slabs will lead to savings of about Rs50,000. Further additional amount of Rs20,000 deductions allowed, over & above Rs1 lac for investment in long term infra‐bonds will benefit the middle class http://www.valuenotes.com/valuenotes/research/viewarticle.asp?ArticleCd=151361 2010-02-26 Articles Real investment grew at a tepid rate of 5.1% in 3QFY10. Investment growth continues to be sluggish with a meager 2.4% average growth in the last 7 quarters. The investment cycle, however, seems to have bottomed out. Nevertheless, a strong recovery in investments is not expected before FY12 http://www.valuenotes.com/valuenotes/research/viewarticle.asp?ArticleCd=151396 2010-02-26 Articles The markets have already given thumbs up to the budget as the Sensex soared by over 400 points before giving up some gains. At the current juncture, one can safely conclude that there seems to be no brake on the momentum being witnessed in the economy as the FM has been calculative enough to initiate a move towards fiscal prudence without jeopardizing the country's growth prospects http://www.valuenotes.com/valuenotes/research/viewarticle.asp?ArticleCd=151366 2010-02-26 Articles The FM has positively surprised the common man on the street by bringing down his personal tax outflow and providing one more avenue to him to save tax, refraining from tinkering too much with the direct and indirect taxes till the DTC and GST codes are implemented http://www.valuenotes.com/valuenotes/research/viewarticle.asp?ArticleCd=151362 2010-02-26 Articles The growth of the Indian economy slowed down considerably in Q3FY10 as the full impact of a failed monsoon, stood reflected in agricultural growth figures during the quarter. Going forward, the prospects of a healthy rabi crop provides optimism relating to agricultural growth in the quarter ahead, leading us to believe that the 7.2% growth target set by the govt for FY10 is likely to be achieved http://www.valuenotes.com/valuenotes/research/viewarticle.asp?ArticleCd=151377 2010-02-26 Articles The markets cheered positive measures like gradual reduction in fiscal deficit and the plan to quickly revert to the high GDP growth path of 9% & then to achieve double-digit growth rate in the coming years http://www.valuenotes.com/valuenotes/research/viewarticle.asp?ArticleCd=151360 2010-02-26 Articles The increase in tax-slabs will result in the government loosing close to Rs26,000 cr. Where will this money come from? The answer to this would reveal the reason why the budget could be a whine story in the long run http://www.valuenotes.com/valuenotes/research/viewarticle.asp?ArticleCd=151364 2010-02-26 Articles The Street will closely watch the budgetary measures as the Indian economy is on its way to recovery from the slowdown that it faced in the last two years. FY11 is going to be a landmark year for India primarily due to a compelling & energetic turnaround in its taxation framework like the DTC (Direct Tax code) and GST (Goods & Services Tax) sought to be introduced, the new Company Law Bill and IFRS Convergence http://www.valuenotes.com/valuenotes/research/viewarticle.asp?ArticleCd=151365 2010-02-25 Articles Railway minister Mamata Banerjee presented the Railway Budget for 2010-2011. The budget focused on public - private partnerships for projects as well as social responsibilities involved http://www.valuenotes.com/valuenotes/research/viewarticle.asp?ArticleCd=151333 2010-02-24 Articles Agrochem & Products - Top Picks: Jain irrigation, Ruchi Soya, KS Oils Autos - Top Picks: Tata Motors remains our favoured pick provided changes are not made in the diesel car segment. Bajaj Auto would be the second choice Banking - Top Picks: ICICI Bank, IDFC, & Indusind Bank in the Pvt Sector and Bank of Baroda in the Public Sector Capital Goods/Power - Top Picks: BHEl, L&T and Crompton Greaves Cement - Top Picks: Grasim is our preferred pick in sector being diversified & backed by strong VSF demand FMCG - Top Picks: ITC would be our top pick specially if it corrects on any specific excise hike on cigarettes http://www.valuenotes.com/valuenotes/research/viewarticle.asp?ArticleCd=151328 2010-02-23 Articles