RBI set up finance secretaries panel to improve transparency in budgets
The Reserve Bank of India (RBI) is to set up a committee of state finance secretaries for greater transparency and increased disclosures that can be brought about in the budgets of state governments.

Mallya Foundation patents neem pesticide
The UB group-funded Vittal Mallya Scientific Research Foundation (VMSRF) has achieved a major breakthrough in the formulation of neem-based pesticides.

India, Pakistan stick to their guns
The foreign minister level talks between India and Pakistan yesterday ended in a deadlock with both countries sticking to their known positions.

CORPORATE
Fedders to set up 100% local manufacturing arm
MRO-TEK plans to unveil low cost modems

ECONOMY
Euro emission norms in West Bengal spark off trouble
Decision on Mahindra project within a week, says minister

EXPRESSIONS
Niche TV network on anvil
GE Investments shareholders miffed

MARKETS
Skindia GDR Index inches up 1.10 per cent
Gold, silver finish higher on speculative interest

LEISURE
The proof of the pudding is in the buying
Pop icon dons the mantle of culture guru