DoD rulles out plans to privatise IOC, ONGC, Gail
DoD has agreed that the oil sector has "some strategic importance," thus giving up privatisation of IOC, ONGC and GAIL in the foreseeable future.

`Earth heaved as if it would split open'
Even 48 hours later, my legs are distinctly wobbly. The memory of the events of January 26, 2001 will continue to haunt me for the rest of my life.

CII suggests halving excise duty on IT products
CII has demanded that the government halve the excise duty on IT and related products to 8% from the existing 16% to boost the sector.


  `Rural banking aids progress'
  Kerala launches Rs 120-cr eco-project
  Kerala's 160 mw hydel project stalled by state HC
  Bank rate to be cut to 7% by mid-April -- I-Sec
  CAG raps Coal India, ECL on ICICI loan
  SBI, other banks may incorporate Reuters online trading solutions
  Revised central bank policy okays overseas investments for individuals
  Private TV firms in FTC garb may have to shell out more tax
  Zee scales down HFC project; first phase to have only Rs 300 cr
  Sinha tells banks, insurance firms to gear up for quake-relief services
  China's forced holidays more trouble than fun
  Uco Bank may close down 100 branches
  Nitma seeks exit policy for units
  Committee favours phasing out of budgetary support to Railways
  `Rich countries should open up to duty-free imports from LDC's
  Finance ministry likely to retain income tax exemption limit
  CBI interrogates GP Hinduja, to summon all three brothers today
  Pakistan says it has nothing to lose by signing CTBT
  Tenth Plan to focus on rising annual investment rates
  India ranks 24th in terms of transparency
  `Biology, micro electronics tie-up to be tomorrow's money-spinner'
  Initiative passes from monetary to fiscal policy