Friday, February 27, 2009

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Top Business News- IBNLive.com

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Economy is hurting, nation may feel pain
    FALLING DOWN: India has estimated the economy to grow 7.1 percent in 2008/09.India has estimated the economy to grow 7.1 percent in 2008/09.
Can do exports worth $175 bn in FY09: Kamal Nath
    HIGH HOPES: Kamal Nath says the Government is aiming at doubling merchandise in next five years.The Commerce Minister says India will recover fast from the global crisis.
Curbing outsourcing would be USA's loss: India
    GOOD FOR BUSINESS: Commerce and Industry Minister Kamal Nath cautions America.America can't have 'switch on and off' policy on trade, says Minister.
Obama submits first annual budget to US Congress
    OBAMA'S BUDGET: The US President presented the blueprint of the orginial budget on Friday. The US President says it is an honest accounting of where the nation is.
Diageo not only suitor for Kingfisher Airlines: Mallya
    FUTURE PLANS: Vijay Mallya is in talks with more than one suitor to raise money for Kingfisher airlines.He is in talks with a PE investor for raising $400 million for Kingfisher Airlines.
When the going gets tough, revisit asset allocation
    CALCULATED RISKS: The market is down, now you should actually be adding a little to your equity portfolio.It is important to know the exact proportion of your investments in each asset.

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