Budget 2012 Highlights
NEW DELHI: Finance minister Pranab Mukherjee presented India's budget on Friday for the coming financial year.
The proposal announced by Finance Minister Pranab Mukherjee in his 2012-13 Budget speech was welcomed by Bollywood which said it is a huge relief and the "best gift" for the film industry coinciding with the start of the Centenary year of Indian Cinema this year.
REUTERS - Finance Minister Pranab Mukherjee played it safe in unveiling the federal budget on Friday, pledging reforms but setting only modest targets for trimming a ballooning fiscal deficit, disappointing investors and sending bond yields surging.

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