March 3, 2000
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The Budget, in Real Audio
Listen to Finance Minister Yashwant Sinha.
This isn't time for concessions to common man, says Sinha
Referring to the expenses of the Kargil 'war', the FM said in a post-Budget interview, ''This is the time for the people to stand up and willingly make sacrifices.''
Budget fails to excite infotech industry
While the software industry tries to stifle its disappointment at the lack of major sops, the jury of domestic hardware manufacturers is still out, debating furiously the implications of the Finance Bill 2000-01.
THE REDIFF BUSINESS INTERVIEW
'We actually thrive on paranoia'
K V Kamath, the techno-savvy ICICI chief, on the survival game, in a tete-a-tete with Pritish Nandy.
THE REDIFF BUSINESS COLUMNS
Budget blues
Devangshu Datta calculates the Gross Domestic Product based on three deficit estimates from the Budget papers and gets three different figures!
Sinha delivers on his promise to 'bite the bullet'
As the market digests the Budget, the reaction over the next few
days would be matured and a rally cannot be ruled out. In a sense,
the market has discounted most Budget proposals,
says R C Murthy.
BUDGET EFFECT
Sinha's 'excise simplification' claim baffles experts
The proposed excise recast may affect consumption levels and thereby economic
recovery. If manufacturers absorb duty hikes themselves, their profit margins, and surplus cash available for investment, would get squeezed. This could further slacken the sluggish pace of economy, excise experts said.
Black Tuesday, 29th: How Sinha's Finance Bill sunk stock exchanges.
FM puts fiscal deficit at Rs 1 trillion (5.6% of GDP); eases tax norms for venture capitalists
ECONOMIC SURVEY 1999-2000
RAILWAY BUDGET 2000-2001
EXCLUSIVE: ANALYSIS BY DUN & BRADSTREET INDIA
Special features |
Biz-school | Biz-quiz |
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| Index |
Level |
Change |
BSE
Sensex
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5529
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--112
(1.98%)
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NSE S&P
CNX Nifty
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1690
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(1.51%)
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Rs/US$
Forex
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43.58
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(+2)
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• Budget 2000 Special
• Run-up to Budget 2000
• Move over Big Bull, KP is here: A profile of Ketan Parekh.
• The Millennium Features
• The NDA government and the economy
• Economic sanctions special
• More specials
• 'India needs a crisis to reform. We can't reform without a crisis':
Economist Dr Subir Gokarn of the National Council for Applied Economic Research, on Budget 2000
• 'AOL-Time Warner type deals will happen in India':
Telecom tsar Sunil Mittal, chairman, Bharti Enterprises, on the future of communications industry
• 'Seafood can become the biggest forex earner':
Seafood exporters' representative Elias Sait on the expectations from the budget
• 'It's only a matter of time before Indian brands emerge in the global market':
Harvard guru Prof Krishna Palepu on Corporate India's strengths and weaknesses
• Earlier Interviews
• R C Murthy on whether Sinha will 'bite the bullet'
• Sucheta Dalal on cyber-crime and punishment
• Dilip Thakore on the budget the nation needs
• Pritish Nandy on why imports of second hand cars should be allowed
• Murali Iyer on the Key Man Insurance Policy
• Ashok Mitra on the four forces that ripped the WTO asunder
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