`Helpless' Gujral seeks support in battle against graft
The Prime Minister, I K Gujral, has said that "something drastic" had to be done about those in ministerial positions who were corrupt and expressed regret that corruption had "seeped into the veins of the nation."

DMK dilutes RJD package, Left firm
The Left parties today kept up their attack on Bihar Chief Minister Laloo Prasad Yadav, demanding his resignation for being chargesheeted in the fodder scam, while the Dravida Munnetra Kazhagam (DMK) made public its compromise formula.

Threat to Front Govt is not internal, insists Yechury
No internal conflict would lead to the collapse of the United Front (UF) government at Centre, excepting of course, the withdrawal of support by Congress, said CPM Politburo member Sitaram Yechury.

Tussle on in UP over Mayawati's tenure
The Brahmin-Backward Caste divide in the Uttar Pradesh unit of the Bharatiya Janata Party (BJP) has resurfaced on the question of extending the term of the Mayawati Government in the State beyond the stipulated six-month period of the coalition arrangement.

Centre may dilute stake in A-I to 49% in couple of years
The Centre may dilute its holding in the state-run Air-India to 49%, Union civil aviation secretary MK Kaw has said. The move will be an attempt to make Air-India more competitive and efficient.

SBI posts Rs 2000 cr negative growth in Q1
State Bank of India (SBI) has recorded a net decline of approximately Rs 2,000 crore in its credit offtake in the first quarter of the current financial year. This is despite a recent reduction in its prime lending rate.

Power Grid seeks capital infusion in bid to alter gearing
In a bid to maintain a comfortable debt equity ratio after raising loans for executing its Rs 18,000 crore of transmission projects during the Ninth Plan, Power Grid Corporation of India (PGCIL) has asked the Union government to infuse Rs 2,000 crore towards its equity.

Telco's Indica to hit roads in September next year
The Tata Engineering and Locomotive Company's (Telco) dream car in the small segment, Indica, is all set to hit the roads by September 1998.