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Will the UPA win bring cheers for India inc. and a promise for better economic reforms? Yes
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Maybe

Rail Budget 09: Focus on amenities
While presenting Rail Budget, Mamata Banerjee said focus would be on better amenities, good food at cheap prices. Rail tickets will be sold from 5,000 post offices.

Indian tax system still complex: Eco Survey
The pre-Budget Economic Survey today said the country's tax system continues to be complex and asked the Government to undertake further reforms, including implementation of a uniform tax structure — goods and services tax.

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Vanilla sky

Just when economists were seeing the signs of ‘green shoots’, a sub-par performance of India’s annual ‘monsoon’ rainfall have given way to fresh concerns that budding economic upturn could be short lived. A bad monsoon can easily knock a percentage point or so, off India's GDP growth, that has been predicted to be around 6 per cent.

Maharaja’s depression

Even as high tides of recession hit Indian shores, Air India stood like the rock of Gibraltar, unwavered by any troubles. But it took just a few months for truth to emerge. As AI unabashedly declared its financial woes and knocked on govt.’s door for a bailout- a quandary remains for thousands of helpless employees whose salaries are being delayed and much worse, might have the pink slips waiting. What kept AI recession proof for months? Why didn’t the govt. keep a check on its account books? Is the top management accountable for this emergency landing?


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Budget 2009: Industry wish list

Industry expectations are very high from the newly elected UPA government. They are hoping that Finance minister Pranab Mukherjee will present an industrial and investment friendly budget in the next month. Indiabiznews provides to its readers a snapshot of industry wish list.

A Passage to India

When it comes to cracking the conundrum of the Indian consumer, the key to success is adaptability. The winners will be those who enter into the fabric of society and work with Indians as partners.


Sensex (Thursday Closing)
14658Ý
Nifty (Thursday Closing)
4348Ý
Re /US $ (Thursday Closing)
47.95ß
Industrial Production (Apr'08- Mar'09)
2.4%
Inflation (Wk ended 20/06/09)
-1.3%
Forex reserves (as on 19/06/09)
US$ 263.65bn
FDI Inflows (Apr'08 - Apr'09)
US $27.30bn
Imports (Apr-May'09)
33.05%
Exports (Apr-May'09)
20.37%
 
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