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Tuesday, February 17, 2009
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OPINION

BUDGET: Pranab sticks to convention
No one has a right to complain against the absence of fireworks in an interim budget-cum-vote-on-account. It is by definition a temporary authorisation to incur expenditure by a Government which is at the end of its Constitutional term and ...

BUDGET: A pragmatic exercise
Veteran that he is, Mr Pranab Mukherjee has been confronted by a bad situation, with the prevailing global slowdown, that arose in the West, and its impact on India. He has reckoned that with the fiscal stimulus packages already ...

BUDGET: What the budget means (or doesn’t) for India Inc
The extension of interest rate subvention of 2 per cent on pre- and post-shipment credit for export-oriented sectors such as gems and jewellery, textiles and marine products for another six months to September 30, 2009, proposed in the ...

BUDGET: An uninspiring interim
When the Interim Budget speech of Mr Pranab Mukerjee was adjourned for ten minutes, mind readers as well as those who read between the lines started smelling tax cuts albeit token. But that was not to be though he had hinted at ...

BUDGET: India Inc: Indirect benefits, direct threats
The government seems to be borrowing from the now-re-written American/European economics book.. Is the Interim Budget a non-event as India Inc is making it out to be, going by the 200-plus-point drop in the Sensex in the hour or so it took the ...

BUDGET: Not so disappointing for infrastructure
The Interim Budget for 2009-10 did not outline any of the elaborate infrastructure spending plans as did the earlier full-fledged Budgets. That has led to a negative market reaction, where leading infrastructure providers saw their stocks ...

EDITORIAL: No interim solace
Twenty-five years after presenting a full Budget as Finance Minister, Mr Pranab Mukherjee, as acting Finance Minister, delivered an interim Budget recording the UPA government’s achievements, bereft of any major policy initiatives and ...

BUDGET: Interim Budget — Much ado about nothing
The “Interim Budget” for 2009-10, presented by Mr Pranab Mukherjee, should, if future finance ministers pay heed, teach at least one lesson: don’t try to convert a non-event into an event. By calling what is mere vote ...

LETTERS: Holding pattern
There has been no major direction change in the interim budget; it is a ‘holding pattern’ exercise. If specific sectors were expecting major stimulus packages, this could not ...


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 S Venkitaramanan




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Markets (Feb 16)
Nifty (at close)2,848.50(-99.85)
US Dollar (Buy/Sell)48.83/84
Brent crude (a bbl) Rs2,127
Gold (a gram) Rs1,367
Silver (a kg) Rs22,890


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