Centre to divest stake in state units at market-related prices
The Centre has decided to divest its stake in state-run units at prices linked to the ruling market prices of the scrips despite the depressed markets.

Debt-burdened states come under rating watch
Credit-rating agencies have put some state governments on a rating watch. They are also monitoring their finances as most of these governments have given huge guarantees on borrowings raised through special-purpose vehicles.

RBI to unveil norms for banks to recover sticky loans
The Reserve Bank of India (RBI) is formulating guidelines for banks to settle bad accounts with companies. The guidelines will be formulated by a committee comprising general managers of RBI.

  China mulls venture capital for high-tech firms
  Japan auto sales slide, may steady by year-end
  Kuwait to open oil sector for foreign particpation by year-end
  Centre puts in abeyance new order on edible oil sector
  China unlikely to cut zinc output
  Malaysia, Thailand to quit international rubber body
  Strategy for raising foodgrain output to 500 mt unveiled
  DoT to issue Internet licences from August 10
  Centre may flag-off new exploration policy on schedule
  Truck financing by NBFCs granted priority sector lending status
  Lokpal Bill introduced in Lok Sabha
  Executive Briefing
  CAG may revamp audit process of state-run units
  Delhi importer makes a killing on favourable customs order
  IBA accepts Arthur Andersen report for restructuring