The Hindu Business Line : Saturday, June 09, 2007

RBI to allow only fully convertible equity in FDI
The Reserve Bank of India has mandated that only instruments which are fully and mandatorily convertible into equity, within a specified time would be reckoned as equity under the Foreign Direct Investment policy; and reckoned as eligible for ... More

Rupee tumbles 42 paise on weak market data
The rupee shed 42 paise in value against the dollar on Friday thereby, paring much of the gains of the last one week. It closed at Rs 41.13 against the greenback on the back of some weak domestic stock market data, besides moving in sympathy ... More

Who is to act on climate change?
The Prime Minister, Dr Manmohan Singh, and leaders of four other emerging economies, China, Brazil, Mexico and South Africa, took the offensive in the debate on climate change asking the developed world first to make significant cuts in ... More

`Pull-aside' meet with Bush on nuclear ties
The attempt of India and the US to settle the terms of the civilian nuclear cooperation may have nudged forward today at the seaside resort of Heiligendamm where the Prime Minister, Dr Manmohan Singh, and the US President, Mr George Bush, had a ... More

Inflation dips to 10-month low at 4.85%
More

Fertiliser stocks being positioned for kharif needs
In order to ensure adequate availability of fertilisers during the current kharif season, the Department of Fertilisers (DoF) proposes to pre-position stocks at the State-level at 75 per cent of the monthly requirement by the start of the month. ... More

Withdraw from Dhamra, Greenpeace tells Tata Steel
`Shortcomings' in eco assessment More

Low call rates provide arbitrage potential
Yen carry-trade appears to have gathered momentum in recent weeks More

Wal-Mart arm Gazeley plans India foray
To invest in logistics space creation, supply chain management More

Two-wheelers, heavy vehicles sales dip in May
Growth in passenger, utility vehicles continues More

Patni paying $2.4 m to `underpaid' US workers
Decision follows order by US Department of Labour More

Deepak Fert: GAIL gas buzz
The stock of Deepak Fertilizers and Petrochemicals Corporation Ltd has seen a lot of trading activity in the past week. Market sources expect the company to get a substantial amount of gas from the Dahej Uran pipeline laid by GAIL. The ... More

Kalindee Rail gains on strong order book
Targets Rs 300-crore turnover this fiscal More

Monsoon reaches N-E, picking strength
Likely to be in active phase till June 13 More

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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Amtek lines up $125 m for buying US component firms

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Looking back
May. 27-Jun. 2
CPI(M) moots regulations for organised retail trade