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Wednesday, July 8, 2009

Not a positive sign

This refers to the report, “Spender’s Budget” (July 7). It seems that Budget 2009-10 has left corporate India completely disappointed. The BSE Sensex dropped about 900 points soon after Finance Minister Pranab Mukherjee presented it in Parliament, causing huge loss to investors. The biggest one-day drop in the Sensex in six months is not at all a positive sign for our ailing economy.

KA Solaman

The Pioneer, New Delhi Dated 8 July 2009

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