The Economic Times Daily Newsletter

	Dated:February 20,2009

Top Headlines EU banking system concerns fuelling gold demand Concern over European banks' exposure to emerging markets is placing upward pressure on gold. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE UBS causes the first crack in Swiss banking system UBS will turn over details of an estimated 300 to 400 US clients and close down its offshore business for Americans. 'UBS was forced to settle with US' How to switch your home loan lender? You should always be aware of costs associated with transferring your present loan to another lender. Loan against property I Tips for home loan borrowers Most Read Story I ask for personal sacrifices: Satyam CEO, AS Murthy's letter to employees The Satyam CEO asked employees for their 'personal sacrifices and help' to reduce operational expenses wherever and whenever possible. Most E-mailed Story Bangalore to become more affordable DLF which virtually created Gurgaon, has slashed its rates for an upcoming project in Bangalore's Bannerghatta Road by whopping 32%. Realty: A good hedge Most Commented Story NR Murthy rejects Lankan IT advisor post Infosys Chairman and Chief Mentor Narayana Murthy has declined the offer for the post of IT advisor to the Sri Lankan goovernment. Latest Updates Mid, small-caps hurt India funds Major economies face deflation threat IT attrition rate set to nosedive Anglo American to axe 19,000 jobs Debates Do we need more stimulus packages? Will the new FDI norms be onerous? Was the oil price cut hasty? Is CEC�s move to oust Chawla right? Does protectionism add to exporter woes?		The last date for submitting your business idea for ET’s ‘The Power of Ideas’ has been extended by three days. If you haven‘t submitted your business summary yet, we urge you to act fast and submit it before February 23‚ 2009. To know more about The Power of Ideas‚ visit www.ideas.economictimes.com. To download the business summary format, click on http://ideas.economictimes.com/Guidelines.doc Market Round-up SENSEX 8843.21 -199.42 NIFTY 2736.45 -52.90 NASDAQ 1442.82 -25.15 DJIA 7465.95 -89.68 RS/$ 49.85 0.00 NSE Gainers Scrip Price(Rs.) %Change indene 23.10 + 16.96 matrla 89.35 + 10.44 kohfoo 52.90 + 10.09 hindoi 57.60 + 9.82 bomray 93.20 + 9.01 NSE Losers Scrip Price(Rs.) %Change edusol 1,772.20 -12.23 shrega 7.85 -11.80 chealk 32.25 -11.52 softsy 67.35 -10.74 indcou 3.45 -10.39

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