IT bill tabled in LS; 2 sections dropped
The Government on Monday moved the amended IT bill in the Lok Sabha after dropping the two controversial sections pertaining to compulsory registration of websites and maintenance of a register of visitors to cybercafes under clause 73.

RBI unveils draft norms for NBFCs' insurance foray
The Reserve Bank of India will allow non-banking finance companies (NBFCs) with Rs 500 crore net worth to float insurance ventures.

Nabard moots West Bengal Co-op Bank downgrade
The National Bank for Agriculture & Rural Development has recommended denial of a licence to the West Bengal Co-operative Bank as well as a downgrade of its audit classification to B from the A grade.


  Executive briefing
  Crisil accords AAA(SO) rating toHDFC's mortgage-backed securities
  US treasuries stay firm on eve of Federal Reserve meet
  Dollar finds support, surfs ahead of yen
  Market round-up
  UTI Bank tiesup with equitymaster.com
  DCR upgrades Kotak Mahindra's debenture plan to Ind AAA
  Commerce ministry pitching for 15% export growth target
  Iisco may sink even before privatisation
  Review decision on HTL divestment -- House panel
  Statistical system sufferingfrom deficiencies -- Rangarajan
  Single method for assessing fertiliser units' capacity sought
  Maximise airportutilisation,says Yadav
  Power tariff wranglings may short circuit deal with Nepal
  Drought, sales tax woes likely to hit Tata Engineering's May volumes