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After IT, BPO, medical tourism emerge as fastest growing sec
Despite the global economic downturn, medical tourism has emerged as the fastest growing sector of the Indian tourism industry as it provides first world treatment to patients at an affordable rates.

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ONGC opposes FinMin directive to park surplus funds with PSUs
Oil and Natural Gas Corporation (ONGC) has opposed finance ministry directive of parking its surplus funds with only PSU banks saying it is losing Rs 360 crore of interest revenues annually as state-run banks offer lower interest rates when business is given to them on nomination.

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Sensex tumbles over 500pts
The Sensex finally ended (provisional) at 16,242, down 538 points. The Nifty shed 171 points at 4,837.
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US markets end flat; ADRs in green

US markets ended flat for the third straight day. The Dow Jones slipped 12 points to 10,572. The Nasdaq ended flat at 2,309. - VC investments in cleantech firms dip 13% in 2009 - "Stimulus withdrawal will drive up car prices" - Stocks, metals decline as China curbs lending - Indonesia pips India to lead consumer confidence index - US markets end flat; ADRs mixed - US markets end flat; Indian ADRs surge Indian ADRs were in the green. MTNL soared 11% to $3.65. Tata Communications surged 6% to $15.8. Satyam shares jumped 5% to $5.03. Wipro added 3% to $23.28. Sterlite was up 2.2% to $19.7. Genpact, ICICI Bank and Dr Reddy"s moved up around 1% each.


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