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Reserve Bank of India Governor D. Subbarao, left, along with State Bank of India chairman O.P. Bhatt during a conference on ‘Global Banking: Paradigm Shift’ organised by FICCI-IBA in Mumbai on Tuesday. PHOTO: PTI

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Business

Syria has been simmering since 2011, when the Arab Spring wafted over it from the heartland of the Arab world — Egypt.

Finance minister Pranab Mukherjee is obviously a worried man as he gets ready to present the Union Budget on March 16. He has admitted to losing sleep over the mounting burden of subsidies.