Interest-wise
The Reserve Bank has pared the yield on 10-year bonds. This follows the lowering of the bank rate, the repos rate and the cash reserve ratio. The last puts extra lendable resources in the hands of the banks. The cut in the repos rate cheapens short term money.

More transparency
The move by United Breweries chairman Vijay Mallya to offer a stake in his company to a foreign institutional investor will have far reaching consequences for him, his company and Indian corporates in general.

Relevance of `Atlantic Shipping' clause
Infrastructure means contracts and arbitration with the government on disputes about these contracts. Most contracts contain "Atlantic Shipping" clauses. Government departments put these clauses in contracts so that unless and until the superintending or the chief engineer gives a final verdict on a dispute that has been raised by a contractor, the dispute cannot go to an arbitrator.

  Works Contract Act ought to be modified
  Finance minister's balancing act dashes petrochemical firms