Big Story

Updated : Mar 4, 2011

FM to FM

Yashwant Sinha, initiator of some far-reaching reforms in the past, has some advice for the UPA's Pranab Mukherjee. Sinha has presented six budgets, including an interim one, in two stints as finance minister. These budgets had a fair share of bold proposals.

Updated : Feb 27, 2011

Union Budget 2011-12: Pranab may dole out tax sops to salaried class, farmers

It is widely expected that the Budget 2011-12 will raise the income tax exemption limit to Rs 1.80 lakh from the current Rs 1.60 lakh per annum.

Updated : Feb 25, 2011

Economic Survey: Kaushik Basu's Cover Job

For the cover of the Economic Survey 2010-11, Basu has chosen the easily identifiable IS-LM function. Developed by English economist John Hicks and American economist Alvin Hansen, this function provides a framework for analyzing the factors determining the level of aggregate demand.

Updated : Feb 23, 2011

Exporters tell govt to curb yarn price rise

Apparel exporters have sought the government's intervention to control a sudden spurt in the prices of cotton and cotton yarn.

Updated : Feb 2, 2011

India Inc seeks cut in excise and service tax

India Inc also sought a reduction in corporate tax from 30 per cent to 25 per cent and the abolition of surcharge and cess so that more funds are released for investment.