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India to wind-down fiscal stimulus: PM

India will “wind” down fiscal stimulus from next year as Asia’s third-largest economy recovers to growth of more than 7 percent, Prime Minister Manmohan Singh said today.

RBI sets minimum underwriting commitment

The RBI has set a minimum underwriting commitment of 1.77 billion rupees for each primary dealer at Friday s auction of the new 10-year bond.

A budget of hope and change: Hinduja

The Hindujas have hailed the Indian budget as one of "hope and change" and suggested that the shortfall of resources for achieving 9 per cent growth can be bridged.

Budget 09 simplified for youngistan

The youth today understands that it’s their country, their budget. We thought to present you with the bulletins of the budget that you would be interested in, in a language that you would understand.

Britain's Ambassador lauds the budget09

Britain's Ambassador lauds the budget09

Fiscal deficit, a calculated risk: FM

Pranab Mukherjee today said the government has taken the calculated risk of high fiscal deficit to help stimulate growth, but would strive hard to bring it down to 4 per cent in the next two fiscals.

Frustrating budget for Northeast: Badal

The Union budget for 2009-10, presented yesterday, was frustrating for the Northeast, Tripura's finance minister Badal Chowdhury today said.

Mamata has done a competent job.

Prime Minister Dr. Manmohan Singh on Friday said that Railway Minister Mamata Banerjee has done a highly competent job by presenting a pro-poor Rail budget.

Mixed reaction to Budget 09-10

The Union Budget 09-10 has received mixed reactions from various political corners. While Andhra Pradesh Chief Minister Y S Rajasekhara Reddy is in all praise, others aren't.

ACC gives thumbs up to Pranab

ACC gives thumbs up to Pranab

Budget not growth oriented: ICCI

The Indian Chamber of Commerce and Industry the budget was not growth oriented in the light of a 6.8 per cent projected fiscal deficit.

Budget09: power players leave empty hand

India's 2009-10 union budget disappointed players in the power and allied sectors who found it falling short of expectations, except for a hike in the government-run schemes.

Budget disappoints retailers

With no mention of the retail industry in today's Budget, retailers consoled themselves by saying that in the long-term it would derive benefits from tax incentives and development programmes.

Reactions to the budget'09

The new government outlined measures on Monday to speed infrastructure development and increased spending for farmers and the poor in its first budget. Corporate world had the following take on it.

Budget Highlights 2010

The FM outlined plans to speed infrastructure development and unveiled increased spending for farmers and the poor in the first budget since the Congress-led government was re-elected convincingly.

Excise duties for big cars reduced

The government Monday reduced duties on large cars while unveiling the 2009-10 budget proposals.

Service tax revenue to be flat in '09-10

India's service tax revenue is estimated to be flat at Rs.65,000 crore ($13.4 billion) this fiscal, Finance Minister Pranab Mukherjee said Monday while presenting the budget for 2009-10 in the LS

Excerpts from the Budget 2010 speech

Pranab Da has got the chance to present the budget after a long pause. The last time he presented the budget was at the time of Indira Gandhi. Following are the highlights of the budget.

Mamta tables Railway Budget 2009

Mamta stated that the focus would be on providing passengers with better amenities, better toilets, good food at affordable prices, and ‘environmental-friendly’ clean toilets.
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