ECONOMY / It will be gradual, sequenced, calibrated
Full rupee float not in haste: FM "The movement toward fuller convertibility of rupee will necessarily have to be gradual, sequenced and calibrated to the overall macro-economic situation and emerging needs of the economy," Finance Minister P Chidambaram informed the Rajya Sabha on Tuesday.
NCAER sees inflation shooting up Economic think-tank NCAER has projected rise of inflation to 5.11 per cent for the current fiscal - higher than the Reserve Bank of India's estimate.
Sebi moots steps on share transfer The Panel of Securities & Exchange Board of India has recommended a threshold limit up to which the companies would require only an affidavit, deed of indemnity and No Objection Certificate from other legal heirs.
CORPORATE / We are open to dialogue with people
TN titanium project is on: Tatas Tata Steel would go ahead with the Rs 2,500-crore titanium project in Tuticorin district of Tamil Nadu, Tata Steel Managing Director B Muthuraman said.
Nokia offers to replace 46 m mobile batteries In what would be the largest voluntary consumer electronics recall, Nokia Oyj offered to replace as many as 46 million mobile-phone batteries made by Matsushita Electric Industrial Company due to overheating of some batteries.
India’s nuclear deal with the United States has generated a lot of heat and dust.
Who is the principal beneficiary of this “historic” deal -- India or the US?
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