Recent Event Highlights: Common man shrugs off interim budget as inconsequential, Govt. Scales Down 3G Auction Revenue; Auction Next Fiscal - RTT News, Interim budget disappoints Tamil Nadu, Exporters unhappy with Budget, wanted more - Moneycontrol.com, Mixed reactions to India's interim budget, Lack of Major Sops No Surprise for CXOs - CXOToday.com, and 63 more...
Created by dipity on Feb 16, 2009
Last updated: 02/18/09 at 05:03 PM
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New Delhi/ Kolkata/ Mumbai: Common man in India said that interim budget released on Monday would not make any difference in their lives. A housewife in New Delhi said that such a budget is presented just to fetch votes and won't benefit the common man in any way. Shopkeepers in capital said they were extremely disappointed as it was very difficult to survive the recession without any budget sops. Locals in Kolkata also said the budget was not up to their expectation.
RTT NewsGovt. Scales Down 3G Auction Revenue; Auction Next FiscalRTT News, NY - 10 minutes agoThe revenue anticipated in the interim budget is now lower by one-third of what was expected earlier. The auctions were supposed to take place in January, ...
http://www.rttnews.com/ArticleView.aspx?Id=855725&SMap=1
The industry in Tamil Nadu is quite disappointed over the interim budget, be it the IT, the health care or the real estate sector. Every sector has been baldy affected by the recession and the budget offers no relief in the times of recession.
Moneycontrol.comExporters unhappy with Budget, wanted moreMoneycontrol.com, India - 1 hour agoThe interim Budget had some relief for export oriented units, particularly the textile and gems and jewellery sectors. But, industry players say, ...Extension of interest subsidy not enough Calcutta TelegraphInterest subvention for export loans extended Moneycontrol.comall 32 news articles
http://www.moneycontrol.com/india/news/economy/exporters-unhappybudget-wanted-more/385681
New Delhi, February 17 (ANI): Financial institutions in India give mixed reactions to interim budget 2009/ 10 presented on Monday. According to the Director General of Federation of Indian Chambers of Commerce tax rates should come down. Likewise Harsh Pati Singhania, the president of FICCI feels that the interim budget has set the direction for the next government and gives a clear message on what steps are necessary in the months following the general election.
CXOToday.comLack of Major Sops No Surprise for CXOsCXOToday.com, India - 1 hour agoReacting to the interim budget announced today, Ramakrishna Voraganti, Managing Director of Barracuda Networks said, "The budget doesn't seem to have done ...
http://www.cxotoday.com/India/News/Lack_of_Major_Sops_No_Surprise_for_CXOs/551-99006-908.html
Straits TimesPeople-friendly budgetStraits Times, Singapore - 5 hours agoThe 'vote on account', as the interim budget is called, was presented by Foreign Minister Pranab Mukherjee, who is standing in for an ailing DrSingh. ...Interim budget a fine balancing act: PM SifyThumbs down to Interim Budget from Industry, Opposition Zee NewsPranab leaves tax cuts for regular budget HinduMangalorean.com - RTT Newsall 913 news articles
http://www.straitstimes.com/Breaking%2BNews/Asia/Story/STIStory_339415.html
Calcutta TelegraphIndustry fails to hide irritationCalcutta Telegraph, India - 9 hours agoNew Delhi, Feb. 16: Industry is disappointed with the interim budget in the absence of stimulus measures. “It’sa lacklustre budget. ...
http://www.telegraphindia.com/1090217/jsp/business/story_10547342.jsp
Calcutta TelegraphNitish slams UPA budgetCalcutta Telegraph, India - 9 hours ago16: Criticising the interim budget presented by Pranab Mukherjee in the Lok Sabha today, Bihar chief minister Nitish Kumar slammed the UPA for failing to ...
http://www.telegraphindia.com/1090217/jsp/nation/story_10544594.jsp
Calcutta TelegraphThumbs down from consumersCalcutta Telegraph, India - 9 hours ago16: A senior professor of XLRI School of Business and Human Resources Gourav Vallabh today criticised the Centre and its interim budget for failing to ...
http://www.telegraphindia.com/1090217/jsp/jharkhand/story_10545040.jsp
HinduCorporates upset over lack of sopsHindu, India - 10 hours agoMUMBAI: The interim budget or vote-on-account budget has disappointed most of corporate India who were awaiting steps that would be growth-stimulating for ...
http://www.hindu.com/2009/02/17/stories/2009021756951600.htm
Hindu Business LineA typical market reaction to Interim BudgetHindu Business Line, India - 11 hours agoThe over 3-per cent fall in Sensex on Monday will go down as the most violent market reaction on an Interim Budget day in the last three decades. ...Budget disappoints: Sensex slides 329pts, RIL sheds 5% Business StandardMarkets slump on insipid interim budget (Roundup) Thaindian.comBudget to set the direction for markets SifyTopNews - Hindu Business Lineall 188 news articles
http://www.thehindubusinessline.com/2009/02/17/stories/2009021750991200.htm
Hindu Business LineWhat the budget means (or doesn’t) for India IncHindu Business Line, India - 11 hours agoThe Interim Budget projects an allocation of just under Rs 50000 crore (Rs 49980 crore) towards fertiliser subsidies for the next fiscal. ...Interim Budget 09-10: Only praise no incentive for telecom sector TelecomTigerHuge allocation for flagship schemes HinduRecord 34 % hike in defence allocation, massive allocation for ... All India RadioNewstrack India - PR-Inside.com (Pressemitteilung)all 219 news articles
http://www.thehindubusinessline.com/2009/02/17/stories/2009021750240900.htm
Hindu Business LineFertiliser subsidy bill overshoots budget estimatesHindu Business Line, India - 11 hours agoFor 2009-10, however, the Interim Budget has provided only Rs 49980.25 crore – Rs 33600 crore on decontrolled fertilisers, Rs 8580.25 crore on indigenous ...
http://www.thehindubusinessline.com/2009/02/17/stories/2009021750761800.htm
HinduTextile industry disappointedHindu, India - 11 hours agoCOIMBATORE: The interim budget announced on Monday is a disappointment to the textile and clothing sector, according to industry representatives. ...
http://www.hindu.com/2009/02/17/stories/2009021752251700.htm
Excerpt
...HDFC Bank: Not a disappointment, I did not expect anything in the interim budget. It was never meant to be a giveaway. Interim budget is only an exercise of stating accounts. Chanda Kochhar, joint managing director and next CEO of ICICI Bank: What is important...
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India eNews
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With the announcement of the Interim Budget, a wave of disappointment descended on all sectors (except agriculture). And the who s who of the Industry are unanimous in chorusing their comments, saying, Government has not done enough to revive the confidence in the economy. Story & Video By - Kaumudi Gurjar, Mid-Day,Pune
New Delhi, February 16 (ANI):One of the key highlights of the Budget presented on Monday by acting Finance Minister,Pranab Mukherjee, was the increased allocation towards defence sector.Mukherjee said that after the recent Mumbai attacks,cross-border terrorism has been given a new dimension.The minister announced an extension of interest subsidies to debt-hit farmers,a sign the government was focusing on the rural sector and its voters before the vote.
Interim General Budget Expectations - NDTV - February 15, 2009
Interim General Budget Expectations - CNBC - February 14, 2009
Mohandas Pai, Member of the Board and Director-Human Resources, Infosys reacting to the Interim Budget said that overall it was a disappointment and that elections was in mind of the Finance minister
New Delhi, February 16 (ANI): Indian government paraded its economic achievements on Monday and promised help for the rural sector as it tried to shield the economy from a global credit crunch and stem job losses with elections just weeks away.Acting Finance Minister Pranab Mukherjee began charting spending plans for the 2009-10 fiscal year from April to July, a stop-gap measure to take care of essential spending during and in the immediate aftermath of general elections.
New Delhi, February 16 (ANI): Presenting the sixth budget of the UPA government, acting finance minister Pranab Mukherjee, said the agenda of the Manmohan Singh government was of change and every effort has been made by the government to deliver on the commitment. He said the economy grew at 9 per cent for three straight years.
Excerpt
...presented the second interim Budget as a Finance Minister and Deputy Prime Minister in Indira Gandhi's government. --The interim Budget presented by Y B Chavan for 1971-72 had no special features. --H M Patel's interim Budget of 1976-77 had many firsts....
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OneIndia
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Moneycontrol.comBudget missed opportunity to push economy's case: AmbitMoneycontrol.com, India - 20 hours agoAshok Wadhwa, CEO, Ambit Corporation, said the market had higher expectations from the interim Budget. He feels removal of surcharge or cess would have ...
http://www.moneycontrol.com/india/news/economy/budget-missed-opportunity-to-push-economys-case-ambit/385601
Sify‘RTI has made public servants accountable’Sify, India - 20 hours ago... making process and ushered in greater accountability of public servants," Mukherjee said while presenting the Interim Budget 2009-2010 in the Lok Sabha. ...Administrative reforms for responsive administration TopNewsall 24 news articles
http://sify.com/news/fullstory.php?id=14857024
BBC NewsIndian fiscal deficit set to riseBBC News, UK - 21 hours agoThe government has also unveiled its interim budget for 2009/10, aimed at taking care of spending during and after May's general elections. ...
http://news.bbc.co.uk/1/hi/business/7892078.stm
Delhi: CPI leader Gurudas Dasgupta today reacted to the interim budget presented by Pranab Mukherjee in the Lok Sabha Assembly. He said, we have seen Lalu's lollipop and now Pranab is also showing another lollipop to the public.
Moneycontrol.comNot surprised by no-sops Interim Budget: Sajjan JindalMoneycontrol.com, India - 22 hours agoQ: A policy freeze for 3-4 months which is not the most ideal scenario for the industry in the current environment, you may say it’s an interim budget and ...
http://www.moneycontrol.com/india/news/business/not-surprised-by-no-sops-interim-budget-sajjan-jindal-/385560
Will this interim budget focus more on populist measures or will the government announce more stimulus measures to help Indias struggling economy?
Union Minister Pranab Mukherjee presents interim budget 2009-10 in the Lok Sabha Assembly.
SamayLiveCPI describes Interim Budget as election-friendlySamayLive, India - 23 hours agoHe accused government of not paying attention to unemployment in the interim budget and termed it pro-election budget. He said, "Government didn't made any ...
http://www.samaylive.com/news/cpi-describes-interim-budget-as-electionfriendly/608762.html
Union Minister Pranab Mukherjee presents interim budget 2009-10 in the Lok Sabha Assembly.
Thaindian.comMarkets plummet as Mukherjee makes interim budget speech (Second Lead)Thaindian.com, Thailand - Feb 15, 2009Mumbai, Feb 16 (IANS) Indian equities slipped further Monday as acting finance minister Pranab Mukherjee delivered his interim budget speech. ...
http://www.thaindian.com/newsportal/business/markets-plummet-as-mukherjee-makes-interim-budget-speech-second-lead_100155646.html
Fresh NewsPranab Mukherjee begins presenting interim budget for next fiscalFresh News, India - Feb 15, 2009By Indo-Asian News Service on Monday, February 16, 2009 External Affairs Minister Pranab Mukherjee began presenting the interim budget for the next fiscal ...
http://www.freshnews.in/pranab-mukherjee-begins-presenting-interim-budget-for-next-fiscal-125988
Uinion Minister Pranab Mukherjee presents interim budget 2009-10 in the Lok Sabha Assembly.
New Delhi, February 16 (ANI): The Government is likely to announce some measures to reduce the impact of the global economic meltdown on the Indian economy. External Affairs Minister Pranab Mukherjee, who is holding additional portfolio of Finance, will be presenting the Interim budget in the Parliament today. According to observers, a package may be announced to address export sector concerns, which is the worst hit being a labour intensive field.
Moneycontrol.comMuted expectations from interim Budget: Manish ChokhaniMoneycontrol.com, India - Feb 15, 2009Manish Chokhani, Director & CEO, Enam Securities is of the view that expectations from the vote on account are muted. According to him, people are expecting ...
http://www.moneycontrol.com/india/news/economy/muted-expectationsinterim-budget-manish-chokhani/385472
Hindu Business LineYields soften; traders await cues from interim BudgetHindu Business Line, India - Feb 15, 2009Traders said they preferred to wait for the interim Budget for cues on both fiscal and monetary policies. Most banks though have already factored in fiscal ...
http://www.thehindubusinessline.com/2009/02/16/stories/2009021650780600.htm
Equity BullsIndustry Expectations - Interim Budget 2009Equity Bulls, India - Feb 15, 2009Recommendations for the interim budget from Mr. DPAgarwal, Vice-Chairman & Managing Director, Group TCI, India’s leading integrated supply chain and ...
http://www.equitybulls.com/budget/20092010/budget2009_TCIexpectation.asp
Orissadiary.comOrissa Finance Minister placed draft interim budget of Rs 15054.02 ...Orissadiary.com, India - Feb 14, 2009Report by Orissadiary correspondent; Bhubaneswar: Finance Minister Prafulla Chandra Ghadai has placed a draft interim budget of Rs 15054.02 crore for the ...
http://www.orissadiary.com/ShowBussinessNews.asp?id=10815
Union Railway Minister Lalu Prasad Yadav presented the interim railway budget on February 13. Highlighting the achievements, he said that Indian Railways generated a cash surplus of Rs 90,000 crore in the last five years.
SifyBudget 2009: Rajiv Deep Bajaj's expectationsSify, India - Feb 13, 2009Though, slowing growth led by a slump in demand warrants some sentiment boosters in the form of fiscal sops in the interim budget, one should not forget ...See sops for auto, export ind in Interim Budget: India Inc Moneycontrol.comall 3 news articles
http://sify.com/finance/fullstory.php?id=14856029
New Delhi, February 13 (ANI):Railway minister Lalu Prasad Yadav, who managed to keep passengers fares in check for the last five years, on Friday presented his sixth Railway Budget. Presenting the Interim Railway Budget 2009-10 in the Lok Sabha, Lalu said that the budget has been presented without putting any burden on common man. Second class and sleeper class fares of all Mail/Express and ordinary passenger trains would be reduced by 2 per cent.
RTT NewsInterim Indian Railway Budget Proposals: Cuts In Passenger Fares ...RTT News, NY - Feb 13, 2009This is the interim budget before India goes to polls around May to elect a new ministry. In the preceding five years, the minister presented rail budgets ...AK Bhattacharya: Irrelevance of interim budgets Business StandardCut for polls: fares and convention Calcutta Telegraph“Elephant-sized Railways now move like a cheetah” HinduMyiris.com - Calcutta Telegraphall 598 news articles
http://www.rttnews.com/ArticleView.aspx?Id=854133&SMap=1
Delhi: Railway Minister Lalu Prasad Yadav presents interim rail budget for the next fiscal in parliament
Delhi: Railway Minister Lalu Prasad Yadav presents interim rail budget for the next fiscal in next fiscal
Living up to his promise of easing the burden of average train passengers, Railway Minister Lalu Prasad Friday cut fares by two percent, introduced 43 new trains and said feasibility studies on starting "bullet trains" in the country were progressing well
Laloo prasad yadav presents the interim Railway Budget for the nex fiscal
Union Minister for Railways Mr. Laloo Prasad Yadav presents the interim Budget Railway budget in the parliamnet
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