2 Jun 2009

Nationalization of GM to be short-term – Obama

In a defining moment for American capitalism, President Barack Obama ushered General Motors Corp. into bankruptcy protection Monday and put the government behind the wheel of the company that once symbolized the nation’s economic muscle.
The fallen giant, the largest U.S. industrial company ever to enter bankruptcy, is shedding some 21,000 …

16 Feb 2009

Interim Budget 2009 – Highlights

Presenting the interim Budget for 2009-10 in Lok Sabha, acting Finance Minister Pranab Mukherjee claimed in Parliament on Monday that every effort has been made to fulfil promises made to the common man.

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