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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OECD sees Fed, ECB rates on hold into late 2010 Thursday, 19 Nov 2009 

PARIS (Reuters) - The world's key central banks will not need to start raising policy interest rates until late 2010 due to low inflation and economic slack, and can then proceed gradually, the OECD said in a report published on Thursday.  Full Article  

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Taiwan c.bank watches hot money, to keep forex order Thursday, 19 Nov 2009 

TAIPEI (Reuters) - Taiwan's central bank will watch an estimated T$350 billion ($11 billion) in speculative "hot money" even after some foreign fund outflows, and will maintain order in its foreign exchange market to curb speculation, Governor Perng Fai-nan said.  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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BOJ's Shirakawa: Will keep very low interest rates Friday, 20 Nov 2009 

TOKYO (Reuters) - Bank of Japan Governor Masaaki Shirakawa said on Friday there is no big gap in the views of the central bank and the government that the country is experiencing sustained price falls.  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