Centre reshuffles 26 bureaucrats
As part of a bureaucratic reshuffle involving 26 officials, the Government on Friday appointed S Narayan as new petroleum and natural gas secretary and Ravindra Gupta as the civil aviation secretary.

`Indian banks foreign branches must be kept out of Fema's ambit'
The draft bill of the Foreign Exchange Management Act (FEMA), which is expected to be tabled before Parliament soon, already seems be in the eye of the storm with a senior banker pointing to inconsistencies in the bill that may pose problems for companies and banks.

Diesel price rise may push up WPI by 2% -- I-Sec
The 40% hike in diesel price will lead to a rise of 2% on the Wholesale Price Index (WPI), ICICI Securities said in its latest debt market update released on Friday.


  Pakistan suspends forward foreign exchange trade
  `Radical reforms must to increase export growth'
  Clean Barrister may strike again in long distance
  Non-Plan expenditure to be cut by 10%
  CERC decision on bulk power tariff by year-end
  Executive Briefing
  Briefing
  Maran rules out review of norms on foreign firms 100% subsidiary