Air strikes on Kargil push rupee, Sensex down
The bombardment by IAF fighters at Kargil echoed as far as Dalal Street and the forex markets with both Sensex and rupee losing ground. The BSE Sensex nosedived 86.78 points. While the rupee went to an intra-day low of 42.8450 against the dollar.

India challenges WTO report on QR dispute
India has appealed against the final report of the World Trading Organisation's dispute settlement panel involving a dispute with the US on removal of quantitative restrictions on imports of agricutural, textile and industrial products.

EU satisfied with India's auto policy -- DGFT
The European Union is reasonably satisfied with India's explanation on the contours of its one-and-a-half year-old automobile policy and no modifications are being contemplated, says director-general of foreign trade NL Lakhanpal.

CORPORATE
Infosys to issue 33 lakh shares under fresh employee stock option
Maruti to approach Delhi for Euro-I car registration shortly

ECONOMY
Insurance sector reforms to stay on track, says IRA chairman
Prasar Bharati alleges `dishonest intention' by Nimbus

EXPRESSIONS
Aiming for the sky
Environmental conservation -- A look at the rural scenario

MARKETS
Unit Trust plans to unveil umbrella fund
Birla MF to offer balanced fund

LEISURE
Mysore Sandal Gold applies to India Brand Equity Fund
RCI's Healthy Home to push Dettol, Mortein, Lizol