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Mamata denies breaking off talks with BJP
Former Congress MP Mamata Banerjee has put paid to rumours that talks between her party, the Trinamul Congress, and the Bharatiya Janata Party (BJP) have reached a dead-end. Leaders of both the parties are still confident of working out an electoral tie-up by the weekend.
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Markets recover from Peregrine shock
Markets, the world over, seemed to be recovering from the effects of the collapse of the Hong Kong-based Peregrine Investments. On Tuesday, the BSE Sensex rose by 36 points to close at 3431.72. The Hong Kong and Indonesian markets have led the recovery in other Asian markets with share prices rising by 7.4% in Hong Kong and 9.1% in Indonesia.
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