Media, entertainment companies get a fillip
The Union Budget has given a major fillip to the domestic media and entertainment industry by exempting film, music and television software exports from income-tax.

The give-and-take game confuses industry
A cautious welcome has been accorded to the Union budget of finance minister Yashwant Sinha by captains of industry in the city. But industry in general is confused.

Millennium bug may eat into US growth in 2000
Whether or not the millennium bug cripples the world's computers next New Year's Day, it has already altered U.S. economic forecasts, raising growth expectations for late 1999 and dimming them for 2000.