Meet of the titans -- Will RBI bite finance minister's rate-cut bait?
Finance minister Sinha will address the central board of the Reserve Bank of India (RBI) in Delhi on Saturday against the backdrop of the battle of wits between the ministry and the central bank on the contentious issue of a rate cut.

IDBI Flexibond mops up over Rs 500 cr
The Industrial Development Bank of India (IDBI) has garnered funds in excess of Rs 500 crore from its second and last tranche of the unsecured Flexibonds issue for the current fiscal. The issue closed for subscription on Friday.

Rise in number of tax payers and not return filers is what is needed
The Finance Minister has taken great pride in announcing that the compulsory tax return scheme which he has now extended to additional 79 cities has resulted in the number of assessees doubling from 10 million to 20 million, thereby widening the tax net.


  Executive Briefing
  IT fails to pick real estate market with it
  ING Bank files wind-up petition against Welspun
  Aiboc to revive United Forum of Bank Unions
  Briefings
  SBM to raise tier-II capital via debt issue
  BOB Housing Finance plans Rs 35-crore IPO
  Commonwealth Bank of Australia launches $5.78bn bid for Colonial
  European Central Bank repeats inflation warnings
  Mr Yen downplays his chances of making it to IMF
  Market Round-up