The Hindu Business Line : Saturday, July 10, 2004

VIEW POINT
Hidden hand behind Budget
THE simple question to ask is: Whose Budget was it? On the face of it, what the Finance Minister, Mr P. Chidambaram, presented to the nation on Thursday was the Union Budget for 2004-2005 drawn up by the UPA at the ... More

ON MINT STREET
Banking reforms: Govt logs out
BANKING reforms are not on the New Delhi radar. The Budget did not make a mention. Bankers are not surprised. "Life will go on. New Delhi will run the banking system and we will offer our obeisance," said the chairman of a public sector bank. ... More

EAR TO THE GROUND
Spinning forward
TEXTILE stocks rallied sharply on Friday on the back of measures announced for the sector in the Union Budget. From readymade garment makers like Zodiac Clothing, Bombay Dyeing, to counters like Indian Rayon, Century Textiles, Raymond, Vardhman ... More

SENSOR
Markets rebound on strong buying activity
MARKETS, which took a beating in reaction to the budget proposal for turnover tax on securities on Thursday, rebounded on Friday. Heavy buying activity was witnessed in the shipping, auto and textile sectors. The benchmark indices surged, ... More

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