Budget 2009/10

Budget 2009

Govt ups spending, deficit hits markets

The government said on Monday its fiscal deficit would blow out to the biggest level in 16 years as it boosts spending to support the economy, disappointing investors who dumped stocks and bonds.  Full Article 

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HIGHLIGHTS - Comments from G20 finmins, central bankers meeting 2:12pm IST 

ST ANDREWS, Scotland (Reuters) - Following are comments on Saturday from Group of 20 finance ministers, central bank policymakers and officials meeting in Scotland.  Full Article  

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Top central banks yet to move for exit, some look for door Friday, 6 Nov 2009 

LONDON (Reuters) - The top central banks have shown little inclination yet to choke off the extraordinary support given to economies shaken by global financial crisis but some have offered the first signs of changing tack.  Full Article  

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Question of Balance

Column - The budget would have given a good kick to growth had expenditures been funded from revenue receipts.   Full Article 

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A Mixed Bag

Column - On an overall assessment, Budget 2009 seems to be a mixed bag of hopes dashed and hopes achieved.   Full Article 

 
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Some Bold Moves

Column - Though the immediate impact of the Budget is unlikely to cheer the markets, some bold moves have been initiated.  Full Article 

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Budget Highlights

Finance minister says the first challenge before the government is to return the GDP growth rate of 9 percent per annum at the earliest.  Full Article 

 
Instant View
Instant View

Budget seeks to boost farm, energy sectors.  Full Article 

Industry View
Industry View

Govt targets return to 9 pct growth.  Full Article 

 
Fund View
Fund View

Reactions from fund managers.  Full Article 

Market View
Market View

Sensex falls 6 pct after budget.  Full Article 

 

MORE ON BUDGET

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Australia cbank sees gradual rate rise, good times Friday, 6 Nov 2009 

SYDNEY (Reuters) - Australia's central bank said on Friday that interest rates would likely have to rise gradually as it sharply upgraded forecasts of economic growth for next year and pointed to a dwindling pool of spare capacity.  Full Article  

the great debate

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What would you do if you were FM?

Reuters India asks its readers to don the finance minister's cap and tell us what shape they would give to the budget.   Commentary 

 
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Budget over-rated for personal finance?

When it comes to personal finance, the budget is not really worth that much attention.   Commentary 

 
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Has the Railway Budget met expectations?

Mamata Banerjee’s railway budget for 2009-10 appeals to the common man.   Commentary 

reuters poll

Has the finance minister done enough on the income tax front?
Has the finance minister done enough on the income tax front?
Yes
No
Can't say