Financial Daily from THE HINDU group of publications
Tuesday, March 11, 2003
Markets (March 10)
BL 2501067.35 (-10.56)
BSE Sensex3125.88 (-27.18)
S&P CNX Nifty1006.70 (-10.40)
Dollar (Buy/Sell)47.60/47.73
Gold Std (10 gm)5585 (-60)

Port Info


Group Sites



A sweet reprieve
IT IS A shame the Cabinet has decided to defer complete decontrol of sugar by more than two years, to October 2005. After giving repeated assurances given to Parliament of total decontrol of the industry by March 2003, the Government has done an ... More


Jaswant proceeds with caution
While consistently focussing on growth, Mr Jaswant Singh has not failed to provide a humane touch to the Budget proposals. More important, he has delivered a `feel good' Budget with something for everyone. Unfortunately, one cannot wish away the poli tical compulsions confronting the Finance Minister in a difficult financial year, especially with elections round the corner, says S. D. Naik. More

Budget 2003-04 — Retarding development
Mr Jaswant Singh's first Budget does very little to promote growth or employment, and penalises the State governments and agriculture, both of which are already facing difficult conditions. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh examine the implications of this Budget for the economy. More

Not ordinarily resident status -- A sting in the Budget fineprint
WHILE the income-tax proposals in the latest Budget have generally been welcomed, an obscure item tucked away in the fineprint contains a severe sting in the tail for NRIs, expatriates in India and those who have returned to India from abroad. ... More

Budget tamasha
THE Budget tamasha has ended sooner than expected. Unlike as in the past, it did not begun very well for corporate chieftains what with Mr Jaswant Singh deciding to do away with the customary pre-Budget consultation exercise. Of course, ... More


Medium-term fiscal trends
THE first point relates to the effort to curtail the fiscal deficit. With interest payments, subsidies and Defence expenditures pre-empting a large share of the Government's revenues, the effort to curtail expenditure in order to reduce the ... More


  • LIC fine-tuning
  • Low growth
    Comments & Letters to the Editor to:
    Subscribe to: Business Line
  • The Hindu eBooks

    Pick a Winner Stock Market Contest

    Top Stories
    BP shortlists 4 software cos for outsourcing

    Morepen gets GDR nod; spins off arm

    Basics of catching 'em young

    IRDA warns insurers on unregistered TPAs

    `Indian holdings' in foreign NBFCs to be denied sops

    Coca-Cola ties up with Goodricke for tea supply

    In Focus
    Run-up to Budget
    Kelkar Report
    Bottled water: How safe is it?
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    Housing Fin. rate war: Bonanza for consumers!
    NPAs in Banking
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collections
    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    Mar. 2-Mar. 8
    `Feels good but basic problems remain' : Former Finance Minister, Dr Manmohan Singh

    Mobile telephony, the tech factor

    A lesson for BJP and Congress

    Just give them cash

    A battle-cry against war

    Debt swap: Budget booster for States

    Have women lost faith in fairplay?

    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |

    Copyright 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line