Sinha takes Paswan to task on phone doleout to DoT staffers
Finance minister Yashwant Sinha has opposed communication minister Ram Vilas Paswan's largesse to telecom employees in the form of free telephones.

Seven-year paper auction likely to devolve on RBI
Tight call rates at 9% levels, triggered off to an extent by a freak reverse-repos quote on Monday, may see the Reserve Bank's auction of the 11.90% 2007 for Rs 4,000 crore set for Thursday devolve by nearly 50%.

Put more PSUs on block to achieve divestment target -- Baijal
The department of disinvestment (DoD) has said that the Rs 10,000-crore disinvestment target would not be achieved during the current fiscal unless the government clears more PSUs for sale.


  Executive Briefing
  No scrutiny of IT returns this year
  Govt delays announcement of rates for decontrolled fertiliser
  ICICI to bag Rs 804 crore from recalls
  Ten exchanges to create global stock market
  Ant Factory picks 26% stake in Indegene.com
  Asian Institute of Management sets up scholarship
  Centurion Bank signs pact with Logica for electronic banking
  Central Bank lends Rs 2,003 cr to farm sector
  Star trading houses exempted from bank guarantee under EPCG scheme
  TDC to discuss setting up of road fund today
  $62 million IBRD loan for telecom
  ERC calls for suggestions on terms of reference
  Fed official says it is too soon to declare victory
  Morgan Stanley triples global bond sale to $3 bn
  BoE leaves rates untouched again