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ENERGY / Relief from harassment
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SC paves path for Reliance Power float
In a major reprieve to the Anil Ambani-promoted Reliance Power, the Supreme Court, on Wednesday, paved the way for the launch of the country's largest IPO worth more than Rs 11,500 crore by staying the proceedings at various High Courts.
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Interest rates seen to stay stable and steady
With inflation rate under control, economists expect interest rates to remain stable to moderate in the Reserve Bank of India's quarterly review of monetary policy later this month.
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ECONOMY / Differ with India Inc on the issue
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Don't tinker with taxes, economists counsel FM
A day after industrialists pitched in for cuts in personal and corporate income tax rates in the next budget, Finance Minister P Chidambaram, on Wednesday, received exactly a different suggestion from economists.
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Holds similar parleys with Canada
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India, US talk FTA
India, on Wednesday, said it is in talks with the US and Canada for a market-opening bilateral agreement, on the lines of trade pacts being negotiated with the European Union and the Asean.
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Centre's stinker to cement cartel
Warning cement manufacturers against indulging in profiteering, Commerce & Industry Minister Kamal Nath, on Wednesday, said the government would take recourse to liberal imports to bring down prices of the commodity.
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AT A GLANCE |
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RBI warns banks on high inter-bank ATM charges |
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ICRA signs pact with SBM |
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ICICI to list 4 subsidiaries |
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From left: NIPFP Senior Fellow R Kavita Rao, NCAER Director-General Suman K Bery NIPFP Senior Fellow Ila Patnaik and S&P Asia
Pacific Chief Economist Subir Gokarn prior to their pre-budget meeting with Finance Minister P Chidambaram, in New Delhi, on
Wednesday. PTI
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Click Here for DH Photogallery
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| Market Notes |
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| Gold (Bangalore) (10gm) |
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11,385 |
| Silver (per kg) |
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21,500 |
| Gold (Mum)(10gm) |
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- |
| US dollar * |
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39.50 |
| Pound * |
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78.70 |
| Euro * |
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58.63 |
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| DH Forum |
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| Bureaucrats in politics |
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Of late, many bureaucrats and senior officials are quitting service and taking the plunge into politics. Is it a welcome trend? Deccan Herald had invited readers’ opinion on the issue.
Many of our readers believe that bureaucrats, with their knowledge and experience in governance, have the potential to be effective lawmakers. However, some others opine that the services of the bureaucrats and senior officials are required in day-to-day administration. |
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| Expertspeak |
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