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'GST will be a major breakthrough in the history of tax reforms'
Namrata Acharya & Ishita Ayan Dutt / New Delhi November 27, 2009, 1:05 IST

India, Russia to ink key pacts during Singh's Moscow visit
India and Russia are expected to sign a number of key agreements during Prime Minister Manmohan Singh"s December 6-8 visit here, including those on extension of the long-term defence cooperation programme beyond 2010 and construction of four more nuclear reactors at Kudankulam.

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Analysts' View: Raamdeo Agrawal
The finance minister (FM) has done a good job to maintain an aggregate demand in a recessionary situation by increasing rural spending and giving some reprieve in income tax by cutting the surcharge. It’s a fairly balanced Budget. The fall in markets is an over-reaction as the finance minister has never said that there would not be any divestment. Instead, he has hinted that nearly Rs 25,000 crore is likely to be raised through divestment.
Business Opportunities

Google India's Shailesh Rao is IAMAI chairman

Google India Managing Director Shailesh Rao has been appointed as Chairman of industry body The Internet and Mobile Association of India (IAMAI). Ambareesh Murty has been appointed as the Vice Chairman and Sanjay Aggarwal as the Treasurer of the association, IAMAI which represents the interests of the internet and mobile value added services companies, said in a statement today.


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