Yesterday a Tsunami warning was issued by the US Geological Survey after a 7.8-magnitude earthquake struck off New Zealand's western coast. Reported that there were no serious injuries or damages. Waves are generated by the quake, the Pacific Tsunami Warning Centre said they were less than 20 centimeters in height.

The full Union Budget for the year 2009-10 was presented by the new Finance Minister of India, Mr. Pranab Mukherjee on July 6th 2009 at 11 AM. He told that budget speech is not only a speech of financial records but it is also an agreement of the government cost-effective policies.