Lok Sabha dissolved; Polls unlikely till July
The President on Monday dissolved the 12th Lok Sabha and ordered a mid-term poll at the end of a gruelling, but abortive, nine-day exercise to set up an alternative government.

Industry in a bind over tax provisions
The industry will have to live with confusion for some more time as the Government has failed to either clarify or rectify certain tax provisions in the Finance Bill 1999.

RBI may modify net-owned fund norms for NBFCs
The Reserve Bank of India is planning to adopt measures to plug the loophole in the latest net owned funds norms for non-banking finance companies.

  Executive briefing
  Caretaker status to force BJP govt to go slow on policy front
  Chambers welcome LS dissolution
  Passage of flawed Finance Bill to delay stamp duty waiver on debt instruments
  Doleouts, harsh regulations stifle initiative
  Executive Briefing
  Briefing
  Indian Rlys to take part in Trans-Asian link between Europe
  Coal stocks of SEBs shrinking to low levels
  Politics wipes out post-budget gains
  RBI to set cut-off date for small loan recovery
  Briefing
  Telecom operators in a quandary over fate of revenue-sharing
  India contributes to 30% of world milk production
  Commodity Briefing
  Reserve Bank lets banks issue guarantees for core projects
  RBI pegs dollar at 42.43 for FIIs equity investments forward
  IMF clears new crisis prevention funding
  Eight banks chalk out plan to sue China company
  Market Round-Up