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Why India Inc should feel confident after Union Budget 2013

Mar 05, 2013

The Finance Minister has redeemed the task of delivering a growth oriented Budget without saddling the aam-aadmi with huge tax burden. This Budget should instill confidence back on India Inc. #Tax #ExpertView #Union Budget 2013 #MSME Tax #CTT STT
Why India is economically vulnerable to negative forces

Mar 04, 2013

The bright spot in all this is that India undertook path breaking reforms in early 1990s led by Prime Minister Manmohan Singh, who was the FM then, and the country is now looking to embrace hard economics to bring it out of the mess it is in at present. #ThisisNext #Union Budget #Real estate bubble #CAD #Tax Compliance
It's all about luck: Chidu budget no better than Pranab's

Mar 04, 2013

Comparing apples to apples, Chidambaram's budget is no better than Pranab Mukherjee's but he got kudos unlike Pranab-da. Luck is on the former's side #Sonia Gandhi #Pranab Mukherjee #P. Chidambaram #UnionBudget2013

Blog posts

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Budget 2013: No room for tax hikes ties govt hands on revenue front

Feb 20, 2013

Taxes cannot be raised at a time when the economy is slowing down while it cannot be broadened as elections are due in 2014. #Numbers #GDP #fiscal deficit #Chidambaram #Taxation #Budget2013 #Union Budget 2013
What India Inc expects from Budget 2012: Sense not sensation

Mar 12, 2012

Service tax on all services barring a negative list; changes in laws to bring Vodafone-like deals under net seen #India Inc #Budget2012 #BudgetAnalysis #Union Budget 2012 #Budget Expectations
Budget 2012 primer: What does govt spend money on?

Mar 06, 2012

Spending on rural employment takes away much needed resources for building infrastructure. Similarly, any loan waiver program will eat into capital spending on infrastructure. #oil prices #Gross Domestic Product #Union budget of India #Deficit #Government debt #Budget 2012 #BudgetAnalysis

Wire

Bangkok Post
EU closes in on deal on contested budget but MEPs wary

2013-06-19 23:49:00

After months of tough negotiations, the EU executive, the member states and the parliament thrashed out a possible compromise on a trillion-euro budget Wednesday to cover European Union spending over the next seven years. Irish Foreign Minister Eamon Gil #European Commission #Eamon Gilmore (politician) #European Parliament
The Marion Star
Budget amendment could aid police

2013-06-19 23:17:00

After a year-and-a-half of pursuing a merger partner, The Ohio State Bank approved a...- 5:07 pm CLEVELAND (AP) Â A cat caring for four newborn kittens now is nursing an orphaned week-old pit bull...- 5:54 pm The head of the Chillicothe Police Department #Ohio State University #Tom Bell #John Kasich
Fresno Bee
Fresno council members pitch their budget-fixing plans

2013-06-18 19:06:00

Fresno's city budget hearings have entered the familiar territory of glory-seeking. City Council Member Lee Brand dominated the show Tuesday morning with his plan to balance next year's general fund budget while maintaining the status quo in public safet #Fresno, CA

Editor's picks

Why India should have been prepared for Uttarakhand floods

But we aren’t helpless: we’ve failed because, though we’ve done our homework on how not to fail, we haven’t actually turned these lessons into practice.
Why the political isolation of Narendra Modi is temporary

If Modi stands in splendid isolation today, it would appear that he represents a break from the consensual leader. But once again the disagreement over Modi is all about optics.
Why is the Kedarnath pilgrimage so important? Five key points

According to reports, while the temple is safe, the outer compound has been damaged and the town around the temple has suffered massive losses as it felt the full force of the rising waters.
It's batting vs batting as India take on SL in Champions Trophy

The key player battles for the Champions Trophy semi-final between India and Sri Lanka in Cardiff.

The 4 MLAs who helped Nitish Kumar keep calm and carry on

Nitish Kumar’s fate today might swing on six independents. Four of them have extended their support, and two are undecided. Here we give you the low-down on who the decision-makers might be today
Hauz Khas Village: The hypocrisy of high-end 'alternative' chic

HKV provides Delhi’s socialites and chatterati with what they need most: Obnoxious status display masked as anti-establishment virtue.
Why diversification is at the heart of a good financial future

Diversification is a risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique contends that a portfolio of different kinds of investments will, on average, yield optimally desired returns while lowering a risk that is posed by any individual investment found within the portfolio.
India lose 1-5 to Australia, crash out of Hockey World League

An error-prone India needed a miracle to topple Australia in what was the 100th international fixture between the two sides.

Lok Sabha polls 2014: Back to basics for Congress and BJP

With the playing field level, from now on it will be a battle of strategies for the Congress and the BJP
Chidu's 'Ferrari' of reforms has an autorickshaw engine

A slew of economic reforms has been promised this month, but one should not expect anything more than fancy footwork from the FM.
From a fed-up, die-hard fan: An open letter to SRK

Forget all this surrogacy business. The reason we love Shah Rukh Khan is that he’s been one of Bollywood’s smarter actors. But of late, SRK’s been a bit disappointing, complains a fed-up, die-hard fan.
Dhoni has Ganguly's touch but with a difference

Rohit, Kohli, Raina, Jadeja, Ashwin, Bhuvneshwar, Umesh – that’s the core of the Indian team today and perhaps it wouldn’t be wrong to say that they are Dhoni’s boys.

Vajpayee, Advani, Modi: Every leader has given Hindutva a twist

From Vajpayee to Advani to Modi –the Sangh Parivar has come a long way, presenting before India every few years a Hindutva face rendered presentable through a shrewd makeover
Why Nitish 'really' dumped the Modi-led BJP

While prima facie it might seem to be a clash of two strong personalities i.e. Modi and Kumar, there is much more to the split than that.
3 Indias at war: Sensex India, Maoist India, and Bharat

The current tensions in India can directly be traced to three visions of India – one of which will involve breaking the country
Last man standing: Why it's easy to feel sorry for Misbah

Sympathy for a Pakistani cricketer, especially a batsman, is a novel emotion for those of us coming from the 90s.

Fear of the unknown grips the BJP in Bihar

Although the party is maintaining a brave face, the eventuality of a split has left many leaders on tenterhooks.
In Mamata's Bengal: Zero tolerance for rape or protesting against rape?

Bengal tops the list in violence against women. There have been several reports of gang rape in the past few weeks. The Mamata government has taken quick and stern action – against the women protesting the rapes in front of the CM’s residence.
Food security: For poor’s sake, jholawalas must speak up

The subsidy to the rich accounts for more than 7 percent of the GDP while that for the poor, with the food security act, would account for 1.1 percent.
Patients get HIV in Assam hospital after blood transfusion, panic spreads

Many patients who were administered blood from the same blood bank fear the worst.

Why a BJP-JD(U) split will be good for India

Neither UPA nor NDA is an alliance. And the BJP and JD(U) were mere power-sharers, not allies. To grow, alliances have to be built around principles not just power-sharing
Chidu takes comfort in Fitch upgrade, but where are real reforms?

At a press conference, Finance Minister P Chidambaram, however, did not reveal any concrete steps but promised more reforms by August. He said the rupee’s decline is in line with that of the currencies of other countries with high current account deficit like India.
Why cutting interest rates will have little impact on industrial production

The index of industrial production (IIP), a measure of the industrial activity in the country, grew by a meagre 2% in April 2013, in comparison to the same period during 2012. The index was expected to grow by around 2.4% (source: India: Weak growth and sticky retail inflation. Sonal Varma and Aman Mohunta, Nomura). In [...]
Why 'Sir' Ravindra Jadeja is a people's genius

If one was simply to go by numbers, young and jolly Jadeja is on course to be a great. That’s not overrating him — it’s the simple logic of statistics one cannot argue against.