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Since 1st March, 1999
 
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Govt clips convertibility scope
Within weeks of the P-notes crisis, the Congress- led government said its goal was no longer full convertibility of the rupee, but fuller convertibility, with some restrictions on capital flows. ...  | Read.. 
 
Industry growth slips in Sept
The country’s industrial growth slowed down to just 6.4 per cent in September, the lowest this year. ...  | Read.. 
 
Sensex futures get dollar link
Investors in the US will now be able to directly participate in India’s booming equity markets by trading in sensex fu ...  | Read.. 
 
UTI Mutual in core sector push
UTI Mutual Fund expects to raise over Rs 4,000 crore from one of its biggest new fund offers (NFOs) — the Infrastructure Adv ...  | Read.. 
 
3G policy restricts field to few firms
The government today said only three to six players would be allowed to offer 3G mobile services on a pan-India basis. ...  | Read.. 
 
Finance minister P. Chidambaram (right) with minister of state S.S. Palanimanickam in New Delhi on Monday. Picture by Ramakant Kushwaha
Govt clips convertibility scope


 Press Releases
 
Shares continue downhill journey
The 30-scrip sensex today plummeted 170.33 points to settle at 18737.27, continuing the bear run on..  | Read.. 
 
RIL bags oil & gas block in Oman
Mukesh Ambani-run Reliance Industries Ltd has won a deepwater oil and gas block in Oman, a company ..  | Read.. 
 
FM gives assurance on Sethu
Finance Minister P Chidambaram today said the government would go ahead with the Sethusamudram proj..  | Read.. 
 
Tilaiya power project attracts most bids
The 4,000MW Tilaiya power project in Jharkhand has received bids from around 13 firms, includin..  | Read.. 
 
Tribunal halt to spectrum allocation
The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) today directed the department of..  | Read.. 
 
CEOs root for new markets
Spooked by the sub-prime crisis in the US, industry captains want India to have alternative mar..  | Read.. 
 
Technology boost for small retailers
The Retailers Association of India has teamed up with IT companies to develop technology soluti..  | Read.. 
 
US subsidy policy on steel draws flak
A group representing international steel exporters, importers and consumers has accused the US stee..  | Read.. 
 
AROUND THE GLOBE
BHP buyback sop for Rio shareholders
BHP Billiton Ltd/Plc mapped out its plan on Monday to acquire rival Rio Tinto Ltd/Plc, promising to..  | Read.. 
 
Blackstone registers $113m loss
Blackstone Group LP on Monday reported a third-quarter loss on non-cash charges related to compens..  | Read.. 
 
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