BudGeT 2010 updates live

BUDGET SPECIAL ................WAIT A MOMENT LOADING CONTINUES................................Q3 GDP data at 6% Vs 7.9% (QoQ), expectation 6.8%
UNION BUDGET UPDATES: ECONOMY CAN ACHIEVE 10% GDP GROWTH
UNION BUDGET 2010 : INCREASE IN ALLOCATION FOR ROAD PROJECTS BY 13%.
UNION BUDGET 2010 : TO IMPLEMENT COMPETITIVE BIDDING PROCEDURE FOR ALLOCATION OF COAL MINES.
UNION BUDGET 2010 : GOVT DOUBLES ALLOCATION FOR POWER SECTOR TO 51.30 BLN RUPEES.
UNION BUDGET 2010 : INCREASE IN ALLOCATION FOR SCHOOL EDUCATION.
Union Budget 2010: Government to allocate Rs 16,500 crore for FY11 for bank recapitalization and to provide further capital to strengthen rural banks
UNION BUDGET 2010 : INTEREST SUBVENTION FOR LOW COST HOUSING EXTENDED. POSITIVE FOR LIC HSG FN, GIC HSG FIN, GRUH FIN ; INDIRECTLY POSITIVE FOR HDIL, BRIGADE, OMAXE, PURVA
UNION BUDGET 2010 :MICRO SMALL ENTERPRISES ALLOCATION INCREASED ABOUT 600 CR
UNION BUDGET 2010 :UNORGANISED WORKER FUND 1000 CR
UNION BUDGET 2010 :GOVT CONTRIBUTE RS 1000 PER ANNUM TO UNORGANISED WORKERS = PENSION SCHEME
UNION BUDGET 2010 : INCREASE IN DEFENCE ALLOCATION. POSITIVE FOR BEL, ASTRA MICRO, TATA MOTORS
UNION BUDGET 2010 : ALLOCATES 19 BLN RUPEES FOR UNIQUE IDENTIFICATION PROJECT. POSITIVE FOR BARTRONICS, GEODESIC
Union Budget 2010: Allocation of funds on national highways to be Rs 20,000 crore
UNION BUDGET 2010 : FISCAL DEFICIT PEGGED AT 5.5%. INLINE WITH EXPECTATION & FISCAL DEFICIT TARGET PEGGED AT 4.1% FOR 2012, VERY VERY POSITIVE FOR MARKET
Union Budget 2010: Farm loan repayment extension, a positive for SBI and PNB,
Union Budget 2010: Farm loan repayment extension, a positive for SBI and PNB,
Union Budget 2010: Over 13% higher road allocation, a positive for HCC, IRB Infra, L&T, Gammon India, Punj Lloyd and Nagarjuna Construction
UNION BUDGET 2010: TO PROVIDE GOVT SUBSIDY IN CASH INSTEAD OF BONDS FOR FERTILISER, OIL. POSITIVE FOR ALL OIL PSU STOCKS LIKE HPCL, BPCL
UNION BUDGET 2010 : CHANGES IN DIRECT IT SLAB. POSITIVE
UNION BUDGET 2010 : Sops for real estate, housing projects extended by a year. POSITIVE FOR INFRA STOCKS
UNION BUDGET 2010 : EXEMPTION OF DUTIES ON RENEWABLE ENERGY. POSITIVE FOR MOERBAER
ALERT : ONE OF THE BIGGEST POSITIVE OF UNION BUDGET 2010 IS GRANTING OF ADDITIONAL BANKING LICENSES TO PRIVATE PLAYERS & NBFC. EXPECT RALLY IN REL CAPITAL, IDFC, IFCI
Alert : Petrol prices hiked by Rs 2.67 & Diesel Prices by Rs 2.58 effective from Midnight