Inflation rate increases to 6.03 per cent
The annual rate of inflation roseto cross the 6% once again and stood at 6.03% during the week ended August 12, because of a 0.2% rise in the all commodities index.

IDBI to take equity stake in Hughes Tele.com
The IDBI has decided to take an equity stake in Hughes Telecom, which is coming out with a Rs 750 crore public issue. The board, which met in Delhi on Aug 25, decided to invest Rs 50 crore to Rs 100 crore, depending on the pricing of the issue being offered through book-building route.

Parliament panel to visit city from September 17
The high powered 43 members of Parliament Standing Committee on Finance is visiting the city for three days from Sept 17 on an monitoring mission to have a first hand account of economy and the future progress of the financial institutions.


  Call money rates to remain firm around 14 per cent
  Centre to continue export Sops, help reduce transaction cost
  Centre yet to clear 4 fertiliser projects
  Textile industry fails to woo foreign players despite 100% FDI policy regime
  Blind following of Swadeshi concept not possible, says Bangaru Laxman
  FDI to speed up `Bharat' development -- Sinha
  Ministry seeks CCEA nod for settingup credit guarantee fund for SSIs
  Raise in investment cap for 41 SSIs items soon
  Concor chalks out steps to offer value-added services
  IBP privatisation tussle puts govt in a spot
  Decision on Pyrites Phosphate revamp likely in three months
  Pak cloud seeding experiments may hit rains in border areas
  Tighter ICAI disclosure norms on anvil
  BJP calls for restraint in FDI policy
  Executive briefing
  Government sets 2,000 mw capacity addition via small hydro projects