Top News Headlines of 06 July 2009

Major Events and Top News Headlines of 06 July 2009:

  • Narendra Modi’s move to set up a commission to inquire into the shifts in the demographic profile of the state since Independence has been greeted with immense scepticism.
  • Come 2012 and the redemption of cumulative outstanding foreign currency convertible bonds (FCCBs) of CNX 500 and BSE 500 companies, is expected to touch a whopping $ 6.4 billion (about Rs 32,000 crore at current exchange rates).
  • Having learnt a lesson from the electoral backlash, the CPM has decided to finally address the decade-old issue of factionalism in its Kerala unit.
  • India Inc on Monday welcomed the focus on reviving economic growth to 9 per cent as also the indications for bold tax reforms, but expressed regret that the Minimum Alternate Tax (MAT) was raised and Security Transaction Tax (SAT) was let to continue.
  • The BJP and the Left parties on Monday criticised the Union Budget while the UPA’s former ally RJD said Finance Minister Pranab Mukherjee had ignored the needs of Bihar.
Read Also:  Top News Headlines of 28 July 2009

Top News Headlines of 06 July 2009
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