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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY) -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (963)	2/29/2000 9:02:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 1471

Real economy will do well, says Jalan,Reserve Bank Governor. Our Bureau Mumbai, Feb 29: Reserve Bank of India governor Bimal Jalan hailed Yashwant Sinha's millennium budget even as capital markets gave it a thumbs down and corporate India described it as "lacklusture". Jalan felt that for banking and financial sector "it is a very good news". "For example, the abolition of interest tax after a long time is just the right move," he said. Jalan particularly welcomed the "procedural simplications". He also appricated the long-term vision of Sinha's budget which has received a lot of flak from the captains of industry. "We can quibble here and there but I expect the real economy to do very well," Jalan said. expressindia.com