Friday, January 30, 2009

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Top Business News- IBNLive.com

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India's economy to grow at 7.5 per cent: Kamal Nath
    INSULATED: India's growth story is not plagued by the huge economic crisis.India is vying for domestic demand-driven growth to stay unaffected.
Govt may announce stimulus package ahead of polls
    MORE STIMULUS? Sources say the Government may announce a third round of measures to boost the economy.There will be no tax sops but sector specific help instead.
Slow and unsteady: IMF bursts India bubble
    ALL ABOUT THE MONEY: World growth is projected to fall to just 0.5 per cent in 2009.Montek Singh Ahluwalia put the figure to a realistic seven per cent.
Worst hit, hospitality industry asks tax exemption
    FEW BENIFITS: This includes 4 per cent to 10 per cent luxury tax exemption on room tariffs.This includes four per cent to 10 per cent luxury tax exemption on room tariffs.
Economic crisis to worsen, 51 mn people to lose jobs
    BAD TIMES AHEAD: The net employment index in the country has tanked 30 percent over the last quarter. The net employment index in the country has tanked 30 percent over the last quarter.
Record Americans receive jobless benefits | JetBlue 4Q loss widens
Tata warns employees, brace for harder times ahead
    FASTEN YOUR SEAT BELTS: The Tata group has had a string of successes down the decades but the run is stalled now.Tata said the current economic crisis is the worst in the group's history.

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