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Tuesday, February 17, 2009
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BUSINESS
Interim budget fails to enthuse market
Sensex sheds 329 points; markets expected some sector-specific relief

Satyam top executive quits


Textile industry disappointed
Needs some support to survive

Centre seeks more Bank grant
NEW DELHI: The Central government on Monday revealed that it had sought $4.2 billion additional grant from the World Bank, over and above its permissible allocation, to infuse funds into public sector banks to shore up their capital against ...

Fiscal deficit pegged at 5.5 per cent of GDP
NEW DELHI: The Centre’s fiscal deficit is projected at 5.5 per cent of the gross domestic product (GDP) in 2009-10 as a direct fallout of the increased spending envisaged on various schemes to spur the economy in the wake of the global ...

Corporates upset over lack of sops
MUMBAI: The interim budget or vote-on-account budget has disappointed most of corporate India who were awaiting steps that would be growth-stimulating for the economy. Instead, the External Affairs Minister, Pranab Mukherjee, who is in charge ...

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