Just days after a please-all Budget, Finance Minister P Chidambaram has said that there is a scope for reducing bank interest rates. This comes after the tax concessions announced in this year's Budget. Chidambaram said this on Tuesday in his post-Budget interaction with industry chamber CII.
It was a mixed bag of response from the automobile industry.
http://www.ibnlive.com/news/budget-0809-auto-industry-gives-mixed-reaction/60148-27.html
CPI on Friday criticised the Budget 2008-9 saying it lacked long-term perspective.
http://www.ibnlive.com/news/budget-lacks-longterm-perspective-says-cpi/60143-27.html
The Indian industry and investment bankers today gave a thumbs up
http://www.ibnlive.com/news/industry-gives-thumbs-up-to-budget-200809/60141-27.html
The government is sensitive to the sector and will continue to be sympathetic, FM said.
http://www.ibnlive.com/news/fm-soothes-export-sector-promises-to-be-kind/60138-27.html
Costly petroleum products and some food items pushed inflation rate.
http://www.ibnlive.com/news/inflation-jumps-to-489-pc/60127-27.html
The GDP growth rate was 9.3 per cent in the first quarter of this fiscal before it dipped to 8.9 per cent in Q2.
http://www.ibnlive.com/news/gdp-rate-slows-to-84-per-cent--inflation-jumps-to-489-pc/60126-27.html
But for the country, it's a Budget that should be more than just promises.
http://www.ibnlive.com/news/catch-22-economic-reasoning-vs-ballot-paper-for-fm/60113-27.html
Corporate India is hoping MAT will be abolished.
http://www.ibnlive.com/news/budget-india-inc-ready-with-charter-of-expectations/60112-27.html
The Survey revisits the controversy on Foreign Direct Investment in retail.
http://www.ibnlive.com/news/indian-economy-healthy-but-growth-rate-slow/60080-27.html
The advice comes to investors in the middle of the Parliamentary Standing Committee.
http://www.ibnlive.com/news/govt-cautions-retail-investors-against-herd-mentality/60051-27.html
The Survey suggested banks should provide adequate credit at a reasonable cost.
http://www.ibnlive.com/news/banks-asked-to-provide-credit-at-reasonable-rates/60045-27.html
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