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The Indian currency rose 6 paise to close at 44.98/99 against the US currency in the previous session on Friday on the back of mild sale of dollars by exporters and some banks.

As part of a custom, Finance Minister meets the entire Board of Sebi after presenting the Union Budget. Mukherjee tabled the Budget on February 28, 2011.
Garment manufacturers are upset with the government for imposing 10 per cent excise duty on branded garments and made-ups like bed sheets and towels.

India's economic surge over the past decade appears to have radically changed the perceptions of Indians about their own country.
Crisil expects GDP growth to moderate to 8.3 per cent in 2011-12, while Finance Minister Pranab Mukherjee had projected the same to be above 9 per cent in his Budget.
India Inc described Pranab Mukherjee as industry's Sachin saying the veteran leader was steering the economy "with ease of a seasoned player" in difficult times.
The Indian rupee rose by 10 paise to 44.94 per US dollar, supported by a rally in the domestic stock market and dollar weakness against the euro overseas.

Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum Corp are selling diesel and domestic LPG way below cost as the government battles to control inflation.
The six core sectors - crude oil, petroleum refinery products, coal, electricity, cement and finished steel - had expanded by 9.8 per cent in January, 2010.