| March 1, 2000 
 THE REDIFF JURY
 BUDGET SPEECH
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  Click for rediff.com's complete coverage
 
 The Budget, in Real Audio
 Listen to Finance Minister Yashwant Sinha.
 
 Stockmarkets shiver to Sinha's budget: Sensex 5442, Nifty 1640
 
 Sinha delivers on his promise to 'bite the bullet'
 As the market digests the Budget, the reaction over the next few 
days would be matured and a rally cannot be ruled out. In a sense, 
the market has discounted most Budget proposals,
 says R C Murthy.
 
 FM puts fiscal deficit at Rs 1 trillion (5.6% of GDP);  eases tax norms for venture capitalists
 
 ECONOMIC SURVEY 1999-2000
 
 RAILWAY BUDGET 2000-2001
 
 EXCLUSIVE: ANALYSIS BY DUN & BRADSTREET INDIA
 
 NEWS
 
 Galloping revenue expenditure cause for high fiscal deficit: study
 Defence expediture, debt service, high increase in salaries of government employees and ministers, expediture by the government, the natural calamities besides the last year's Kargil war are the causes.
 
 Special features  |   
Biz-school  |  Biz-quiz  |
 
 
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| Index | Level | Change |  
| BSE Sensex
 
 | 5442 
 | --295 (5.14%)
 
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| NSE S&P CNX Niftys
 
 | 1640 
 | --85 (4.92%)
 
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| Rs/US$ Forex
 
 | 43.60 
 | steady 
 |  |   • Budget 2000 Special
 • Run-up to Budget 2000
 • Move over Big Bull, KP is here:  A profile of Ketan Parekh.
 • The Millennium Features
 • The NDA government and the economy
 •  Economic sanctions  special
 • More specials
 
 
  • 'India needs a crisis to reform. We can't reform without a crisis': 
Economist Dr Subir Gokarn of the  National Council for Applied Economic Research, on Budget 2000
 • 'AOL-Time Warner type deals will happen in India': 
 Telecom tsar Sunil Mittal, chairman, Bharti Enterprises, on the future of communications industry
 • 'Seafood can become the biggest forex earner': 
 Seafood exporters' representative Elias Sait on the expectations from the budget
 • 'It's only a matter of time before Indian brands emerge in the global market': 
 Harvard guru Prof Krishna Palepu on Corporate India's strengths and weaknesses
 • Earlier Interviews
 
 
  • R C Murthy on whether Sinha will 'bite the bullet'
 • Sucheta Dalal  on cyber-crime and punishment
 • Devangshu Datta  on the mutual fund industry
 • Dilip Thakore on the budget the nation needs
 • Pritish Nandy on why imports of second hand cars should be allowed
 • Murali Iyer on the Key Man Insurance Policy
 • Ashok Mitra on the four forces that ripped the WTO asunder
 
 
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