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KEY FEATURES OF BUDGET 2009-2010

30 July 2009 To bookmark you need to sign in  0
Challenges
* To lead economy to high GDP growth rate of 9% per annum at the earliest
* To deepen and broaden the agenda for inclusive development
* To improve delivery mechanisms of the government.

Overview of the economy
* Growth rate of Gross Domestic Product dipped from an average of over 9% in the previous three fiscal years to 6.7% during 2008-09.
*...
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Regulations
Have the SEBI Board Meetings Stopped Discussing Surveillance Action?
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Aadhaar
Aadhaar: Despite SC Order, U-DISE under HRD Ministry Is Trac...
Moneylife Digital Team
Money & Banking
RBI Governor May Resign on 19th November for Health Reasons ...
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ILFS Mess
Blackstone & Brookfield interested In IL&FS Headquarters. On...
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Investor Interest
Life saving drugs, LCD TV cheaper; Set-top-box turns costlier

30 July 2009 To bookmark you need to sign in  0
Presenting the Union Budget for 2009-10, Finance Minister Pranab Mukherjee Monday proposed reduced customs duty on life saving drugs to 5% from existing 10%. Liquid crystal display (LCD) TVs would also attract the lower 5% customs duty, making the product cheaper.

Mukherjee, however, has imposed 5% customs duty on set-top boxes used for Direct-To-Home television service.

He also...
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Dash for Cash

30 July 2009 To bookmark you need to sign in  0

What a difference a few months can make in a world of globalised money. About seven months ago, businessmen all over the world were crying about the liquidity crunch. To deal with that, quantitative easing came to be the buzzword among central bankers, as they flooded the banking systems with billions of dollars. Now, the pendulum has swung to the other extreme. Following almost a 100% rise in...

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