Federal Reserve cuts rate by 50 bps, all eyes on RBI
Federal Reserve chairman, Alan Greenspan's briefcase must have been thin. If the briefcase is bulging, so the theory goes, it is full of evidence gathered by Mr Greenspan to persuade other members of the FOMC to vote for a higher interest-rate target.

`Co-op bank depositors have lost Rs 200 cr'
An action forum of co-operative bank depositors formed in Ahmedabad has said that depositors in these bank have lost nearly Rs 200 crore as a result of the interest lost on the pre-mature withdrawal of deposits.

State awaits Centre's response over DPC counter-guarantee invocation
The Maharashtra government is eagerly waiting for the Centre's response on its proposal to counter the invocation of DPC's counter-guarantee for the non-payment of Rs 102-crore December bill by the MSEB.


  RBI probes payorder dealings of co-op banks
  IDBI seeks 1-yr grace to cut stake in IDBI Bank
  Swiss Re global service centre in Bangalore
  SBI chief rules out banker's cheque scam
  BoR joins hands with HCL Insys to boost network
  Gipsa discusses norms for nominating directors
  Corporate insurance rebate under review
  Andhra hopes to turn power surplus by 2003
  Foreign firms keen to supply detection vehicle for Railways
  SAIL board reconstituted
  Two bidders left for Bhilai oxy plant sale
  Light beer falls flat, hard liquor gets stronger in 2000
  KIOCL signs MoU withsteel ministry
  Government accepts JPC views on CVC Bill
  BJP sees conspiracy to topple NDA govt behind Tehelka expose
  Congress rejects govt offer for slot on DD
  Maran, Sinhadiscuss impactof lifting QRs
  Govindacharya hits out at second-generation reforms
  Govt to mop up Rs 1,317.3 cr from refinery sale
  Concession to farmers -- MSEB to get Rs 746-crore subsidy
  Market Round-up
  Spreading the world's wealth, equitably
  16 power projects may not meet March 31 closure deadline
  Pay-orders play role of BRs in Rs 100-cr bullion scandal
  Bribery stays, no matter whatever changes
  Executive Briefing