Customs duty on LCD TVs slashed to 5 percentNEW DELHI - The government has reduced the customs duty on liquid crystal display (LCD) television sets from 10 percent to 5 percent, Finance Minister Pranab Mukherjee said here Monday. Budget Fails to Whip markets, Sensex Plunges by 700
House Democrats’ gov’t health plan would offer premiums 20%-25% less than private insuranceWASHINGTON — What if a new health plan set up shop in your town offering coverage at a much lower price than other insurers? Government to Hold Majority Stake in State-Owned Banks
Gone fishin’: Alaska observers say Palin’s heart wasn’t in job after presidential campaignJUNEAU, Alaska — As surprised fans and critics of Alaska Gov. Sarah Palin traded guesses behind her decision to resign more than a year before her term ends, the former vice presidential candidate offered few hints at her political future, except to say she’d gone fishing. Highlights of Union Budget for 2009-10
Pranab Mukherjee to present general budget todayNEW DELHI - Union Finance Minister Pranab Mukherjee will present the first general budget at 11am today in Lok Sabha. Mukherjee set to present India’s budget for this fiscalNEW DELHI - With a cherry-brown briefcase in hand, Finance Minister Pranab Mukherjee arrived in parliament Monday to present India’s budget for this fiscal with hopes high that his proposals will help put the $1.2 trillion economy back on the high growth track. Sensex off to a green startMUMBAI - Anticipating an industry-friendly budget, a key index of the Indian equities markets started the week in the green five minutes into trading Monday, rising 116 points from its last closing figure. Poor can’t eat promises, G8 must do more: NGONEW DELHI - The heads of government who are meeting this week for the G8 Summit in Italy need to find $23 billion a year to halve hunger by 2015, according to the latest calculations by development agency ActionAid. Observers: Facing trouble at home as Alaska governor, Palin’s resignation helped cut lossesJUNEAU, Alaska — Ever since Alaska Gov. Sarah Palin returned from the presidential campaign trail, many Alaskans felt her heart wasn’t in the job. Questions and answers about the US climate bill that Obama hopes will ease global warmingCap-and-trade? Offsets? Pollution credits? The climate bill passed Friday by the House tackles global warming with new limits on pollution and a market-based approach to encourage more environmentally friendly business practices. But what exactly do the proposed rules mean, and how would they work? Senator declares $1 trillion, 10-year health bill achievableWASHINGTON — Senators working to give President Barack Obama a comprehensive health care overhaul said Thursday they had figured out how to pare back the complex legislation to keep costs from crashing through a $1 trillion, 10-year ceiling. Meltdown 101: How do I get my credit card balance forgiven, and what are the drawbacks?NEW YORK — Pay a fraction of what you owe, walk away debt-free. District’s error axes summer break for 2 Southern California elementary schoolsCHINO HILLS, Calif. — It’s a kid’s worst nightmare — just as the last bell has rung for summer break, a school district’s error sentences students to another six weeks in class. Lalgarh was all stage-managed by CPI-M, claims MamataNEW DELHI - Railway Minister Mamata Banerjee Thursday said the whole Lalgarh incident was stage-managed by the ruling Left Front, and asked Prime Minister Manmohan Singh not to side with the Communist Party of India-Marxist (CPI-M). Reality check: Health prevention saves lives, but not money, despite claims by manyCHICAGO — When it comes to health care spending, an ounce of prevention is seldom worth a pound of cure. SC Gov. Mark Sanford says he’s been unfaithful to his wife with friend from ArgentinaCOLUMBIA, S.C. — After going AWOL for seven days, Gov. Mark Sanford admitted Wednesday that he’d secretly flown to Argentina to visit a woman with whom he’d been having an affair. He apologized to his wife and four sons and said he will resign as head of the Republican Governors Association. Spokesman says SC gov plans to return from secretive hike Wednesday, surprised at attentionCOLUMBIA, S.C. — A spokesman for South Carolina Gov. Mark Sanford says the Republican checked in with his staff and was surprised by the attention given to his secretive vacation. Undeterred by economy, House raises budget for member officesWASHINGTON — The recession and rising joblessness has millions of Americans cutting their household budgets, but times are flush for lawmakers. Guantanamo detainees’ expected arrival in Palau doesn’t scare off touristsKOROR, Palau — Palau can probably stop worrying that the expected arrival of 13 Guantanamo detainees might scare off tourists. Republicans, Democrats clash over cost as Senate begins drafting health care billWASHINGTON — Congress’ first stab at a major overhaul of the nation’s health care system in the Obama era is getting off to a rough start as Democrats and Republicans clash over the cost. Thousands amass at LA Coliseum hours before Lakers parade and rallyLOS ANGELES — Thousands of Los Angeles Lakers fans waving flags and wearing jerseys are pouring into the Coliseum for the rally celebrating the team’s 15th NBA title. Belarus puts customs posts on Russia’s border as trade dispute escalatesREDKI, Belarus — Belarus set up customs posts on its border with Russia on Wednesday for the first time in 14 years as a trade dispute between the two countries escalated. Chandigarh jailbirds to decide food menuCHANDIGARH - In a one of its kind initiative, the authorities of Burail Jail here have constituted a special committee of prisoners to look into the functioning of the jail kitchen. Obama urges health care system overhaul, says too many remain uncovered, system too complexCHICAGO — President Barack Obama has made another strong pitch for overhauling the U.S. health care system, calling it “a ticking bomb for the federal budget.” National test scores in music and art raise questions but provide few answersWASHINGTON — Kids were taking fewer field trips to art museums even before the recession began to gouge school budgets, according to a nationwide survey released Monday. House panel blocks immigration benefits for Guantanamo detaineesWASHINGTON — Republicans on a key House panel won a vote Friday to make doubly sure that Guantanamo Bay detainees won’t be given immigration benefits that would allow them to stay in the United States if they’re released. Cockpit fire diverts Australian jet to GuamSYDNEY - A fire in the cockpit of a Jetstar Airways passenger jet flying from Japan to Australia forced its diversion to Guam Thursday, the airline said. Touting fiscal responsibility, Obama wants Congress to require itself to pay for new spendingWASHINGTON — President Barack Obama on Tuesday challenged Congress to pay for new increases in federal benefit programs as it goes rather than sink the nation deeper into a debt, calling it a matter of public responsibility. |
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MUMBAI - Even as Finance Minister Pranab Mukherjee was presenting his budget for 2009-10, a key index of the Indian equities markets dived by 700 points from its last closing figure at 2 PM.
CHENNAI - The government will continue to hold at least 51 percent stake in the banks and insurance companies it owns, Finance Minister Pranab Mukherjee said while presenting the union budget for 2009-10 in the Lok Sabha Monday.
NEW DELHI - Highlights of the union budget for the current fiscal presented by Finance Minister Pranab Mukherjee in the Lok Sabha Monday:
