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Editor’s Note
There were two big reasons why the BSE Sensex fell 870 points on Budget day. One was the lack of aggressive talk on disinvestment, which could have been used to rein in the fiscal deficit
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the strategy
Pranab Mukherjee is hoping the economy will spend its way out of the spot it is in—and to high growth.
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The Blueprint
This budget’s relevance lies less in what it does in the current year, and more in what it could do in the next five.
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Interview
Exports cannot grow (in this environment). Therefore, the alternative for any Finance Minister would be to shift the focus to domestic-driven growth. And this is what I have done.
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budget special
On the face of it, Budget 2009 doesn’t promise much. But the fine print offers some hope.
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disinvestment
Disinvestment is a bad word in some quarters. Is that why the FM has come up with the idea of higher public shareholding in listed companies?
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Social Schemes
India’s social development schemes need to be revamped if they are to ensure inclusive growth.
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Recovery Overview
Manufacturing bore the brunt of the slowdown. A special report from eight key industrial clusters shows it’s now in comeback mode.
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First
If Mukesh Ambani loses, more lawsuits will follow. And everyone will lose, especially the people of India.
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Tata Group Results
Pricey buyouts, slowdown and business building took a toll on the Tata Group in 2008-09.
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FOODGRAINS
We have an abundance of foodgrain stocks. And we need to use them before they rot.
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pharma
The impression is the US drug regulator is targeting Indian companies. It is not.
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Q & A
Chintamani Rao, CEO, Times Global Broadcast, interview with Ajita Shashidhar
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economic crimes
They were busted about the same time. Madoff’s trial is over, Raju’s is yet to begin.
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Prime Mover
He put country above company. Now, he has to use his consensus-building skills to make the ID card project work.
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