Wednesday, March 01, 2006

Bush In India

Bush arrived in India today. There is mixed response in India as Mr. Bush is in India. Left parties have strongly opposed Bush's visit. People burnt effigies of Bush and were holding placard of "Bush Go Back". India and US are expected to sign nuclear deal during the Bush 3 day visit.

Meanwhile India claimed 7 english wickets as first cricket test match started in Nagpur. England were 246/7 at stumps. I think India should included Piyush Chawla in playing. Sreesanth claimed 3 wickets on his first day of debut. Everybody is anticipating India's victory. Let how India plays in remaining 4 days. First day definately belongs to India.

Yesterday, Mr. P Chidambaram announced budget. He announced tax on ATM operations which was striking for me. I think I will be using more of plastic money. He made Idli/Dosa mixes cheaper so are cold drinks. Now more of coca cola's and pepsi's in the refridgerator. My favourite ice creams are also cheaper. I was planning to buy a new car. Although I am not sure the cars I have shortlisted will be cheaper. All small car duties has been reduced from 24% to 16%. Prices have fallen from Rs.12000 to Rs.25000. Fixed deposits in banks with 5years plus duration will fall under 80C exemptions. Not much of interest in this years budget for me.

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