Allegations of cartelisation Banks drop move to fix floor-level lending rates
WITH the heat on against what was being perceived as attempts at `cartelisation', public sector banks seem to have abandoned their efforts to arrive at an industry-wide consensus on floor-level lending rates. Top bankers said there was no ...
Petroleum products pricing Oil marketing firms' balance sheets may be under strain in Q3 too
WITH time running out for reporting their third quarterly results, oil marketing companies (OMCs) may continue to be saddled with botched balance sheets as there has been little action from the Government on the petroleum products pricing issue. ...
Social concerns, fiscal prudence to guide Budget: Chidambaram
SOUNDING upbeat on the economic growth rates achieved and the boom in investments, the Union Finance Minister, Mr P. Chidambaram, categorically stated that social concerns and fiscal prudence and responsibility would guide the coming Budget. ...
`No IT notice served on Amitabh in hospital'
THE Big B (Amitabh Bachchan), was not served any Income-Tax notice when he was in the intensive care unit in the hospital, Mr Chidambaram clarified on Sunday. It is true that the IT Department served two notices. Both these were sent to his ...
Maharashtra Scooters pricing: `WMDC interests will be protected'
THE Government of Maharashtra does not consider the proposed divestment of majority holding in Maharashtra Scooters Ltd (MSL) a done deal yet and has resolved to protect the interests of Western Maharashtra Development Corporation (WMDC) on the ...
Reliance offers free outgoing calls on new handsets
RELIANCE Infocomm on Sunday announced free out-going calls worth up to Rs 2,000 on some of its new handsets, along with lower local and STD call charges. On buying a handset costing Rs 2,700, the subscriber would get up to Rs 2,000 free ...
PC shipments in Asia-Pacific up 19 pc: IDC India, Taiwan perform below expectations
IDC said that notebooks were particularly solid as all the countries in the region recorded double-digit year-on-year growth rates in shipments in 2005.
Dalal Street at critical stage
But if the international petro politics turns sour, local stock market investors or speculators would be hard pressed to retain sweetness of the sentiment
`Weak' La Nina likely this year
THE International Research Institute for Climate and Society (IRI) at Columbia University has assessed chances of a La Nina event occurring during January-March this year at 50 per cent. The National Oceanic and Atmospheric Administration ...
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