Online edition of India's National Newspaper
Saturday, March 01, 2008
ePaper | Mobile/PDA Version
Online edition of India's National Newspaper Saturday, March 01, 2008 ePaper | Mobile/PDA Version |
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BUSINESS Duty reliefs to drive consumer demand Cars, two-wheelers, packaged foods and medicines to become cheaper 
Markets not much enthusedMUMBAI: The stock markets were not much enthused by the Union Budget and the benchmark Bombay Stock Exchange 30-share sensitive index (Sensex) closed with a loss of 245.76 points or 1.38 per cent at 17578.72. However, market ... TEXTILES Textile industry overlooked COIMBATORE: The textile industry is upset that the Union Budget has no relief measures to overcome the crisis it faced. Prem Malik, Chairman, Cotton Textile Export Promotion Council, said the allocation for the Technology Upgradation ... AUTOMOBILE 
Maruti Suzuki, Hyundai cut car pricesNEW DELHI: Responding to Finance Minister P. Chidambaram’s announcement of excise duty cut on small cars in his budget speech on Friday, Maruti Suzuki announced a cut in prices of its six cars, while the three other car manufacturers ... Reduction in Cenvat, an anti-inflationary measure MUMBAI: The highlight of Budget 2008-09 was no doubt the addressing of the long standing issue of farmer indebtedness. But, for Indian industry, the revised tax rates of excise and personal level will reduce prices and put more money in the ... IT SECTOR 
Budget silent on STPISmall and medium sized firms will be the ones hit hard Yet another Finance Bill CHENNAI: The Finance Bill, 2008, as far as direct tax proposals are concerned, is yet another Finance Bill cast on conventional lines. The exemption limit has been raised by Rs. 40,000, but the increase is limited to Rs. 35,000 for ... 
Industry disappointed by and largeKOLKATA: The 2008-09 Central Budget has disappointed the industry with many feeling that political expediency has been the hallmark of this budget. Senior industrialist Basant Kumar Birla, Chairman of group companies like Kesoram, ... UMPP: disparities in price discovery BANGALORE: Reacting to the budget proposals on the power sector, V. Ranganathan, Reserve Bank of India Chair Prof., Indian Institute of Management, Bangalore, said the actual generation specified in the budget documents would fall short of the ... Other Stories
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