Allies force govt to postpone hikes
The Atal Behari Vajpayee Government has deferred by two weeks the proposed hike in the prices of petroleum-related products such as LPG, diesel and kerosene under pressure from its allies, notably the Telegu Desam Party, the Trinamool Congress and the Indian National Lok Dal.



Attorney-General clears Koshika bail-out
Koshika Telecom, owned by the Usha Group belonging to Vinay Rai, may have hit jackpot if the Attorney-General Soli Sorabjee's opinion is anything to go by.



Sensex slumps 241 pts as speculators pull down market
It was blood-bath again on the stock markets. After taking Bombay Stock Exchange Sensex above the 6,000 level on Wednesday morning, speculators pulled down the market in a massive sell-off which saw the fancied index crashing intra-day by 392 points.



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