Business
TRAI for BSNL's help to connect India
TRAI had not been able to enforce inter-connectivity between operators across the country since the law was very weak.
RBI scraps minimum cash reserve level
RBI says due to amended RBI legislation the minimum pc of cash banks have to keep with central bank has been scrapped.
Investor or trader? Taxman's on prowl
A few weeks ago, investors were riding high on the India growth story until there came a bloodbath on the bourses.
Film piracy toll: $0.7 bn loss to China
Piracy in China cost film makers $0.7 billion last year, with domestic firms shouldering more than half those losses.
Gold prices up on higher global trend
Speculative buying picked up, and silver weekly-based delivery price also shot up enthused by a firming trend.
Worst closing for Sensex since '05
The markets saw another steep fall on Tuesday on account of heavy selling in scrips across sectors.
Govt plans to raise FDI in insurance
The proposed bill provides for increasing FDI cap in the insurance sector from 26 per cent to 49 per cent.
States find way to cut fuel price hike
The Andhra Pradesh government on Saturday has slashed petrol and diesel prices by 40 paise and 22 paise respectively per litre.
Moody mkts: method in the madness
The stock markets are down about 25 per cent from the peak levels they touched in mid-May.Could things get any worse?
Motorola to invest $100 mn in India
Motorola will invest $100 million to build a handset and telecom equipment plant in India to counter Nokia's dominance.
Bull mkt over; bear hug is here to stay
A Morgan Stanley report says that the four-year global growth boom might be over.
Arcelor to hold talks with Mittal
Luxembourg-based steel company Arcelor has confirmed receiving Mittal Steel's business plan for its $33 billion takeover bid.
New Saral will be taxing: Experts
Tax experts do not share the views of the Finance Ministry that new income tax form is simpler than Saral form.
Yahoo cuts CEO's salary to $1
Yahoo Inc said that its board of directors have shrunk Chairman and CEO Terry Semel's annual salary to $1 per annum.
Rupee recovers from three year's low
The rupee edged up from a three-year low hit a day earlier, as banks unwound long-dollar positions.
Global markets down, says Chidambaram
Finance Minister says market crash will not affect consumer demand, admits selling by FIIs partly led to meltdown.