The ongoing turmoil in the international Markets post sub-prime crisis may hamper the growth of developing nations like India and China, said Kemal Dervis, administrator of United Nations Development

An unusual scene: Punjab Finance Minister Manpreet Singh Badal seeks blessings from Leader of Opposition Rajinder Kaur Bhattal after presenting the Budget in the Assembly on Monday.

Yes and no. Allocations for new projects have diminished in relative importance, but policy pronouncements continue to have an impact.

The Reserve Bank of India's tight money policy by way of high interest rates to contain inflation coupled with the chilly winds blowing across the globe appear to have led to a slowdown in the econo

Induction of fresh blood and ideas into the apex chamber, changing the common perception that all the business does with the Government is to seek sops for itself and contributing to the nation-buildi

Chief Minister Tarun Gogoi on Monday presented a Rs. 2819 crore deficit budget for the 2008-09 fiscal and announced a number of sops and projects to be undertaken by his government during the year.

The Karnataka Budget for 2008-09 presented by Union Finance Minister P. Chidambaram had no fanfare, no announcements of new schemes and no new "populist' initiatives.