P R Ramesh l
Economic Times - Finance minister P Chidambaram’s fifth budget stumped the chattering classes, mostly with incomes of well over Rs 10 lakh a year. The Rs 10-lakh income threshold is relevant because there are less than 300,000 people in India showing a taxable

New Delhi, March 2
Tribune - Union finance minister P Chidambaram has made more allocation in 2008-09 General Budget for women and child welfare. It is a moot point whether that will reach the people like these who live on pavements at Jantar Mantar in the Capital on Sunday

Borrowing costs at 15-yr high
News.com.au - Given the sharp increase in the cost of wholesale finance faced by the banks, we anticipate the banks continue to raise corporate lending rates,” he said.

Post budget: What can you do with your surplus income?
Indian Express - At least half the money that the finance minister has put into the tax payer’s pocket should be invested in long-term saving instruments New Delhi, March 2: Fourty-two year old Niranjan stated as he ruched to office, “I hear the budget would leave

China discovers the permissive society
Ledger-Enquirer - – All Job Categories – Accounting Admin & Clerical Automotive1 Banking1 Biotech1 Broadcast - Journalism1 Business Development Construction Consultant Customer Service Design Distribution - Shipping Education Engineering Entry Level Executive

Team Wins New England Investment Research Challenge
Forbes - We congratulate the team and share in the honor and pride their victory brings to Babson and our investments education programs,” said Steven Feinstein, Ph.D., CFA, Associate Professor of Finance, Donald P.

Devil of India’s Budget Lies in Missing Details: Andy Mukherjee
Bloomberg - March 3 (Bloomberg) — Indian Finance Minister Palaniappan Chidambaram’s annual budget is one part Robin Hood and another part Houdini. It’s hard to say which one is worse. In his Feb. 29 budget speech in parliament in New Delhi, Chidambaram

Flaherty’s ‘attacks’ on Ontario undermine economy: McGuinty
Globe and Mail - TORONTO — Federal Finance Minister Jim Flaherty undermined confidence in the Canadian economy with his “inappropriate and potentially harmful” comments aimed at singling out Ontario as the last place in Canada to start a business, Premier

GOP Frets Over Democratic Fundraising
Forbes - Such a money advantage could mean that for the first time since post-Watergate campaign finance laws, a presidential candidate may forgo public financing for the general election.

Dean: McCain Has a Problem of Saying One Thing and Doing Another
Forbes - WASHINGTON, March 2 /PRNewswire-USNewswire/ — Today on CNN’s Late Edition, Democratic National Committee Chairman Howard Dean highlighted John McCain’s hypocrisy on the campaign trail. Citing McCain’s efforts to skirt the same campaign finance laws

Is your name on the voting list?
Miami Herald - Personal Finance Welcome to the first presidential election in which almost each say must have a list of every registered voter.

IN BRIEF
Deccan Herald - Finance Minister P Chidambaram on Sunday sought to allay apprehensions that the Rs 60,000-crore farmers’ package will lead to collapse of the cooperative and scheduled commercial banks and weaken the banking system. TRS MPs, MLAs to resign Stepping

50% of IFCI’s employees go for VRS
Indian Express - Finance minister P Chidambaram has made a provision of Rs 433 crore in the budget 2008-09 for restructuring old liabilities of IFCI. Sources stated 54 per cent reduction in workforce is in line with the intended business plan in the changed

JAMMU & KASHMIR
Tribune - However, at this stage when eight states including Jammu and Kashmir would soon go to Assembly elections and LS polls could be announced, the UPA government can even promise moon,” said former finance minister Abdul Rahim Rather.

Buffett States U.S. Trade Imbalance Lures Sovereign Wealth Funds
Tehran Times - valued at $75 billion at yearend, Berkshire owns businesses ranging from candy making and residential real estate brokerage to utilities and corporate jet leasing, giving Buffett an insider’s perspective on many facets of the economy and finance.

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Back to business in Baltimore
Baltimore Sun - The expectation, Morris said, is for that money to cover player payrolls so the league can avoid repeat occurrences from previous years when some players weren’t getting paid.

Questions linger over developer’s Obama deal
MSNBC - Rezko seven months later to widen their yard, the money they paid was beyond the reach of Mr. Rezko’s creditors, including one conducting a court-ordered hunt for his assets to recover a $3.5 million debt.

Consider ‘diminished value’
Baltimore Sun - In other words, when it is time to sell, you probably won’t get as much money for it because it is viewed as damaged goods, even if it has been expertly repaired.

Solar water heater saves energy, money
Detroit Free Press - Dear Jim: My kids and I want to become greener. Using a solar water heater seems to make the most sense. I don’t have much money for one. How can we build one ourselves? — Pat F. Dear Pat: Solar water heating makes the most economic sense for

Smoke break’s ending for Michigan inmates
Detroit Free Press - But they don’t know if they’ll save money.” Under the ban, no tobacco products will be allowed on prison property except in locked vehicles owned by employees in prison parking lots.

Budget woes will dominate 2008 session
Miami Herald - He has proposed a budget plan that prevents deep cuts by taking money from trust funds, increasing revenue from new casino games and expanding the state-run lottery.

High Stakes in Two Says
Philadelphia Inquirer - We’ll see if voters start to have some buyer’s remorse.” Working against her, though, would be the difficulty of raising more money, the lateness of the hour, and the daunting delegate arithmetic. “They have a huge task in front of them to erase our

Debt, equity financing are just 2 types of help
Baltimore Sun - Business owners often begin with too tiny money. It’s one of the most common reasons why new businesses do not make it. Sources and types of small-business financing fall into a few broad categories.

Univision Battle With Televisa Places Programs in Jeopardy
Los Angeles Business Journal - If Televisa were granted to pull its popular Spanish-language telenovela programs from Univision, the company says it could sell the shows to other groups for much more money.

Gordon Brown to curb second home ownership
Times On the web - tend to overlook depreciation which has to be paid for by maintenance costs, the loss of time on maintenance, and inflation - all tend to get overlooked in the “profit”. Television programmes never factor in these elements, or foregone interest on the money

Virgin Mobile Service to Be Sold in India by Tata (Update2)
Bloomberg - Branson’s operations also include carrier Virgin Atlantic Airways Ltd., the Virgin Galactic commercial space-travel venture, Virgin Music and Virgin Money, which sells loans, credit cards and investment products.

Jiri Fischer plays for 1st time since collapse; ex-Wing has not ruled
Detroit Free Press - It was awesome,” he said after playing in the “Shocks and Saves” charity game at Wendler Arena in front of a crowd of about 1,000 to raise money for his Healthy Hope Foundation.

Small N.J. towns see massive threat
Philadelphia Inquirer - He said he hoped Oaklyn would be able to get some of the state money set aside for municipalities that consolidate services. Towns are anxiously seeking information about how to get some of the $32 million that Corzine said would be available to aid

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