Forget the Oscars, the biggest Indian winners of the Slumdog Millionaire fairytale are two of the film's child actorsplucked from the shanty towns of Mumbai, after it emerged they are to be given "free homes" by the state government.

President ,strong>Barack Obama on Tuesday acknowledged public outrage over bank bailouts and misspent federal dollars, but made an urgent pitch for continued spending as a way out of crushing recession.In a nationally televised address to a joint session of Congress, Obama said “it’s not about helping banks” but about helping people and the economy.

SBI Cards, the nation’s second largest credit card issuer 60 per cent owned by State Bank of India (SBI), is likely to report a loss for the second consecutive year as defaults mount.

A firefight erupted Wednesday between army and paramilitary border security forces here in the congested capital of Bangladesh, less than two months after the country returned to civilian rule and security forces prepared to return to barracks.
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http://www.nytimes.com/2009/02/26/world/asia/26bangla.html

Stocks are likely to begin trade on an optimistic note on Wednesday tracking the recovery across global markets. On the domestic front,the government unveiled its third stimulus package after market hours Tuesday which will further boost sentiment.The government cut factory gate duties and service taxes in an effort to boost demand and revive growth in economy as it reels under the impact of the global economic crisis.