Banks to waive off huge interest dues on NPAs
In a move which would lure the defaulters of banks to pay up quickly, the RBI has directed the banks to go for one-time settlement of the ledger account on those accounts which have become non-performing assets from March 31, 1997.



PM holds high power meeting on reform process
Prime Minister Atal Bihari Vajpayee on Friday held an high-power ministerial meeting to review the reform process in a bid to hasten the disinvestment programme and restructuring of sick National Textile mills.



MRTPC recommends action against Microsoft arm in India
After facing a rough weather in the United States over restrictive trade practices, Microsoft Corporation has also been charged with curbing competition in India as well.



Other headlines
Re fall to benefit Ashok Leyland
UP targets Rs 25,000 cr investments
RBI asks banks to furnish details of exporters funds abroad
Trade unions demand unemployment-wage for workers
Industrial growth slips to 5.4% in Q1
Telecom FDI policy open to abuse -- BPL Mobile chief
Intra-circle STD to be opened up finally
Rupee plunges below 46, bounces back
Home loans may cost more
Sensex continues downward march