Monday, February 16, 2009

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Top Business News- IBNLive.com

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UPA to go for major tax sops in Interim Budget
    FINAL TOUCH: Pranab Mukherjeee (C) and Finance Ministry officials with the Interim Budget papers.Pranab Mukherjee will present the Interim Budget on Monday.
UPA's poll Budget focuses on rural economy
    BUDGET BEFORE BALLOT: Pranab Mukherjee enters Parliament to present the Interim Budget on Monday.The minister announced an extension of interest subsidies to debt-hit farmers.
How different is Vote-on-Account from a full Budget
    MONEY PLAN: Instead of a full fledged budget, External Affairs Minister Pranab Mukherjee will present a Vot-on-account.Mukherjee dons role of FM precisely 25 years after he presented his last Budget.
G7 ministers pledge recovery of global economy
    GLOBAL CAUSE: G7 ministers also renewed a commitment to avoid protectionist measures.They want to re-establish confidence in the stricken global financial system.
Oil companies cut jet fuel prices
    EASY FUEL:  After Sunday's Rs 1,130 a kilolitre reduction, jet fuel is priced at early 2005 levels.Jet fuel prices have been reduced for the tenth time since September 1, 2008.
Karnik welcomes SEBI's takeover norms for firms
    NORMS EASED: The market regulator says no competitive bids will be allowed after the public announcement of a takeover. He says that the SEBI move will help the company.

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