WTO panel to hear India, EC dumping duty dispute
The World Trade Organisation has set up a dispute settlement panel to hear a case involving the imposition of definitive anti-dumping duty by the European Commission on cotton bed linen imported from India.

RBI announces twin-bond auction of Rs 5,000 crore
The Reserve Bank of India has announced a twin-bond auction for Rs 5,000 crore to be held on October 7. The central bank will auction the 11.90% 2007 for Rs 3,000 crore and the 12.60% 2018 for Rs 2,000 crore.

RBI panel moots revised formats for financial statement of NBFCs
The RBI committee for redesigning of financial statements of NBFCs has called for additional disclosures in respect of maturity profile of assets and liabilities of all the NBFCs registered with the apex bank.


  Close them down
  Department cannot appeal against beneficent circulars
  Time to change dividend, bonus policies
  Sebi turns down OIL's plea on listing of shares
  FRA to monitor weak banks, own asset reconstruction fund
  Tayal appointed BoR chairman till March 31
  Standoff over import tariffs may hit textile exports to EU
  Economic reforms unlikely to slow down post elections, say analysts
  Market Round-Up
  HC adjourns patents case till Oct 21
  Verma panel moots 25% job cuts, 5-year wage-freeze for weak banks
  Unions vow to fight wage freeze, cut in work force
  GP Gupta panel moots five market makers in a share
  Off the export bus
  Centre-owned ARF will find no takers -- Bankers
  If the management fails to deliver, it has to be replaced -- Verma
  Briefing
  Seattle meet
  Standoff over import tariffs may hit textile exports to EU
  Market Briefing
  Noida Toll Bridge lures with high yields, tax benefits
  Infotech stocks find favour with UTI Mastershare; Infosys, NIIT in top 10
  Restructuring, software arm come to Nelco's rescue
  Verma report moots common network for three weak banks
  Edible oils spurt on restricted supply; yarn subdued