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Tuesday, July 07, 2009
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T.C.A. SRINIVASA-RAGHAVAN: Congress borrows, spends, wins - at our expense
The Budget for 2009-10 has ensured that almost everyone - people as well as companies - will have to pay less tax now. True, the reduction in the tax burden is not very much. But it is there. This is the good news. Also, a dog with a bone in ...

SENSOR: Banks lead the fall
The stock markets, which had risen in celebration of the new Government at the Centre, gave a thumbs down to the Union Budget, with both the bellwether indices closing in the red. The BSE Sensex tumbled a good 5.8 per cent to close a shade ...

T.C.A. SRINIVASA-RAGHAVAN: O tempora, O mores!
New Delhi, July 6 It is not often that a Finance Minister reverses a tax imposed by his predecessor in the first year. But that is exactly what Mr Pranab Mukherjee has done. The casualty is the Commodity Transactions Tax ...

RASHEEDA BHAGAT: Market frowns, but does that matter?
The BSE Sensex tanked by 869 points after the presentation of the Union Budget and a plethora of television channels lined up stock market and other industry experts to explain how equity investors had expected much more “positive ...

REASSESSMENT: Positives, negatives
As Budget 2009 was read out by the Finance Minister, the stock market plummeted. While various industries have differing perceptions on the impact of the Budget, the provisions of income-tax law have been tinkered with. What follows is ...

Columnists: C Gopinath Harish Bijoor G Chandrashekhar S Murlidharan Sharad Joshi Mohan Murti S Balakrishnan Bharat Savur B S Raghavan Ganesh Challa Bhanoji Rao Swati T Banusekar Ramanujam Sridhar Ranabir Ray Choudhury Rasheeda Bhagat P.V. Indiresan P Devarajan S Muralidhar R K Raghavan B Venkatesh




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Markets (July 06)
Nifty (at close)4,165.50(-258.55)
US Dollar (Buy/Sell)48.54/56
Brent crude (a bbl) Rs3,132
Gold (a gram) Rs1,353
Silver (a kg) Rs22,065


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