WEF chief sees deficit at 6%
The country's fiscal deficit this year is unlikely to be less than 6 per cent against the budget target of 4 per cent of GDP, World Economic Forum managing director Claude Smadja said on Monday.

Foreign lending agencies asked to reform attitude
Union power minister R Kumaramangalam has called for a reform in the approach of foreign lending agencies.

Naidu seeks more borrowing powers for state
Andhra Pradesh chief minister Chandrababu Naidu on Monday sought greater borrowing powers for the states.Naidu said the Centre should not restrict the borrowing powers of states and there was a need to have more flexibility to enable the states.


  Market Briefing
  Pentafour to hive off software division
  Delhi court okays new telecom policy
  SBI is ready with crisis team
  IDBI to rake in Rs 1, 200 cr via bonds
  Briefing
  Bimal Jalan calls for dilution of Centre's stake in state-run banks
  `Commercial banks need to decentralise operations'
  OBC links Delhi, Chennai branches
  Moody's upgrades rating outlook for seven banks, four institutions
  Sidbi to unveil Rs 100cr venture capital fund soon
  Maharashtra scouts about for global partner for Sicom
  Briefing
  Broadband linksa must for India,says tech guru
  `Common agenda for tourism sector a must'
  Blend of Asian values and western practices stressed
  GSPC gets govt approval for development of six oil fields
  Renewable energy policystatement on the cards
  Vijay Mallya rules out olive branch offer to Chhabrias
  Healtheon's Nigam finds his universe many a mile from Kanpur
  Cheap Chinese power plant imports put local power producers in a fix