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Deccan Herald » Business
Federal Reserve lowers interest rates  
The Federal Reserve lowered interest rates by a modest quarter percentage point on Wednesday, to 2.0 per cent, and hinted the move could be the last in a series meant to buffer the economy from a credit crunch and housing downturn.
Indias exports grow 26.6 pc in March  
Indias exports slowed to a 26.6 per cent growth pace in March as weakening global growth hurt shipments of clothes, steel and other goods, missing the annual target for overseas shipments.
Forbes salary list for 500 big US cos
Pandit among least paid CEOs  
Heading the worlds largest bank does not guarantee fat paycheck to Citigroups India-born CEO Vikram Pandit who finds himself at the bottom of the Forbes CEO salary list for Americas 500 biggest firms.
Microsofts board fails to decide  
Microsoft Corps board met on Wednesday to discuss its stand-off with Yahoo Inc over its $41.8 billion takeover bid, but failed to reach a decision on what to do next, according to a Wall Street Journal report.
Rajesh Exports secures Rs 534 cr export order  
Rajesh Exports Ltd, said on Wednesday, that it has bagged an export order worth Rs 534 crores of gold jewellery from Lazorde Jewellery, Kuwait. The order is to be completed by the 30th of June 2008.
TWO-WHEELER SALES
AT A GLANCE
Traders on the New York Stock Exchange wait to see what the Fed rate cut will be on Wednesday in New York City. AFP
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    Market Notes
    Gold (Bangalore) (10gm) 11,693
    Silver (per kg) 23,900
    Gold (Mum)(10gm) -
    US dollar * 40.60
    Pound * 80.56
    Euro * 63.74
    *Price at which Banks sell
    DH Forum
    Punishment for Bhajji


    Did Harbhajan Singh deserve the an 11-match ban for his on-field misbehaviour with a fellow-player or is the punishment too harsh? 

    We invite our readers to express their opinion in 100 words.
    Responses may be sent to Deccan Herald, No 75, M G Road, Bangalore - 560001   or e-mail: editordh@deccanherald.co.in latest by 2 pm on Saturday. A selection of responses will be published in Sunday’s edition.

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