The Union Budget FY10-11 is expected to come on 26 Feb’10 and will be the next major trigger for the market.
Finance Minister is expected to provide guidelines for the introduction of the direct and indirect tax reforms i.e. the direct tax code (DTC) and the Goods & Services Tax (GST).
FM may increase excise duties to decrease the fiscal stimulus measures and may raise the service tax also from 10%. We...
For India, 2009 till now, been a great year with the return of a stable government at centre, good FII inflow, 72% increase in the Indian stock market and less terror attacks. But H1N1 influenza and a series of bankruptcy by some big international giants are some events, which we never want to happen again.
Some major events of the year in India
January 2009
The year 2009 started with a positive wave when Indian...
For India, 2009 till now, been a great year with the return of a stable government at centre, good FII inflow, substantial increase in the stock market and less terror attacks. For the first time an Indian won double Oscar and Indian American received Nobel Prize for Chemistry. But H1N1 influenza claiming thousands of lives and a series of plane crashes are some events that we never want to happen again.
Meanwhile,...
Posted by
tarun on Jun 19th, 2009 in
Economy,
India |
0 comments
Inflation for the week ended 6th June 09 came at -1.61%. It has happened for the first time since 1977 that we have a negative inflation. And this only evinced a smirk from most as for every man on the street, these figures have no meaning as they continue to pay more and there is no indication for them that prices have come down.
The markets also gave this number a cold shoulder and ignored it completely. But it...
Posted by
kamal on May 12th, 2009 in
General,
India,
WISDOM |
0 comments
These views are from Vikas Singh, an editor of The Times of India, Delhi.
In a few days, India will have a new Prime Minister. It’s as good a time as any to take stock of the men — and one woman — who have served us. Who’s been the best PM India’s had, and who’s done the most damage?
Before I begin my analysis, I’d like to emphasise that these are purely my views, and do not...