New Delhi, Feb 6: The Union Textile Ministry has urged Finance Minister P Chidambaram to hike budgetary allocation under the Technology Upgradation Fund Scheme.

The ministry has demanded 110 billion rupees allocation for the Eleventh Five Year Plan against its earlier 40 billion rupees for clearing the backlogs under the scheme since December 2006 and funding the upcoming projects.

Officials in the ministry are confident that the Expenditure Finance Commission would clear the proposal.

New Delhi, Feb 5: Union Finance M

Ludhiana, Feb 4 : Representatives of cycle manufacturing and engine

New Delhi, Jan 29 :

New Delhi, Jan 22: Finance Minister P Chidambaram today said the current slump in the Sensex of the Bombay Stock Exchange
(BSE) would "not effect" the market in the long run.

Trading was suspended for one hour at the BSE after the benchmark Sensex fell to the low of 15,576.30 within minutes of opening, crossing the circuit limit of 10 per cent.

Appealing to investors to stay calm, Chidambaram said: "The economy will grow close to nine per cent. The current trend will not effect market in the long run."

The market has since resumed trading.