Anna Sets Aug 16 Deadline For Lokpal Bill; Sensex Down 101 Pts; U.S. Recovery Frustratingly Slow Says Ben Bernanke

Wednesday, Jun 08, 2011 SPECIAL LEAD Click here for India Business Update Mobile Version ANNA SETS AUG 16 DEADLINE FOR LOKPAL BILL Taking on the government, Anna Hazare on Wednesday went on a day-long fast at Rajghat, declaring that his agitation against corruption was the 'second freedom struggle' and threatened another hunger strike from August 16 if Lokpal Bill is not passed by then. read more RAMDEV THREATENS ARMED REBELLION, GOVT WARNS Threatening an armed rebellion, yoga guru Ramdev today said he will raise a 11,000 force that will be trained to retaliate if authorities crackdown on their anti-corruption campaign, evoking a stern response from the Government which termed it "anti-national". read more LEAD STORIES SENSEX DOWN 101 PTS ON WEAK GLOBAL CUES Sensex closed at 18,394.29 points amid weak global cues as the Fed admitted to a slowdown in the U.S. Nifty closed at 5,526.85 down 29.30 points. read more U.S. RECOVERY FRUSTRATINGLY SLOW: BERNANKE Fed Chairman Ben Bernanke said that the "frustratingly slow" U.S. recovery warrants sustained monetary stimulus. read more TOP STORIES • CWG scam: CBI raids houses of MTNL, HCL officials • Lokpal may probe PM but only after he exits office • Rupee hits 1-mth high, but ends 3 paise down • Oil price soars after OPEC talks break down • Max's Analjit steps down as MD, Khosla to succeed • HC dismisses bail plea; Kanimozhi to stay in jail • Anil Ambani to meet jailed CEOs in Tihar • New black money panel set up to trace tax defaulters • Amidst slowing GDP, tax targets difficult to meet • No question of accepting workers' demands: Maruti • Govt to infuse Rs 12K cr in SBI's Rs 20K cr rights issue • 55% rise in bank credit to NBFCs worries RBI • ONGC's market cap falls to No.4 for the first time • PE investment deals in May highest in 3 yrs at $1.4 bn • Liquor to be costlier in Delhi by 10% from July • IMF post: Now, Mexican bank head to visit India • Kawasaki Bajaj launches Ninja 650R at Rs 4.57 lakh • 'Made-in-Tihar' products set for bigger retail play • Citigroup sells private equity assets to Axa for $1.7 bn • Singapore to overtake Las Vegas as 2nd largest casino more stories TOP VIDEOS Government In A Position To Control Inflation, So We Would Achieve Our Growth Target Of 8.5%: R Gopalan, Secretary, Economic Affairs Commodities Likely To Remain A Key Risk To India's FY12 Fiscal Deficit Target: Subir Gokarn, Deputy Governor, RBI We Are Hoping That The Lokpal Bill And Food Security Bill Get Introduced In This Monsoon Session: Shobhana Bhartia, MP, Rajya Sabha Recent Spike In U.S. Inflation Is Worrisome But Should Be Transitory: Ben Bernanke, Chairman, U.S. Federal Reserve AT A GLANCE BSE 18394.29 -101.33 NSE 5526.85 -29.3 TURNOVER Rs. 80,192 cr BSE CASH Rs. 2,513 cr NSE CASH Rs. 8,848 cr NSE F&O Rs. 68,831 cr BULLION GOLD 22504 -118 SILVER 54620 -952 CRUDE NYMEX 102.25 -0.08 BRENT 118.08 +1.3 FOREX $ / Re 44.7 +0.03 £ / Re 73.223 +0.17 € / Re 65.316 +0.09 EVENTS 9 June Prime Minister To Take Final Call On Manufacturing Policy CCEA To Take Up GoM's Recommendations On The Cairn-Vedanta Deal GoM Meet To Resolve Issues Of Coal Production, Its Increasing Demand & Supply Gap 1st Panel Meet On Black Money 9-10 June AIMA's 4th Business Responsibility Summit, Le Meridien, New Delhi 9-11 June Concurrent Seminar On Asian Metallurgy Summit, Bombay Exhibition Centre, Mumbai EXPERT VIEWS "Our country is passing through a new era revolution - the transparency revolution. The walls of secrecy are crumbling in every field gradually including politics, business, administration and judiciary. Once the trend has started, you can't stop it midway." AK Antony Defence Minister "Who is behind Baba Ramdev? We go back to March, 2011 at a meeting in Putthur in Karnataka, the Akhil Bhartiya Prathinidhi Sabha, the apex body of RSS decided to organise support of all individuals and institutions that were ranged in the fight against corruption. On April 7, the RSS announced the formation of an anti corruption front which had Baba Ramdev as its patron." P Chidambaram Home Minister "When a union is not even registered, in today's condition, how can we even think of accepting their demands? There is no demand of the workers which we can accept." RC Bhargava Chairman, Maruti Suzuki India WATCH OUT Bazaar Morning Call Hosted by Udayan Mukherjee and Mitali Mukherjee, Bazaar is the benchmark market opening show in the country. Widely acclaimed and winner of leading industry awards, Bazaar sets the tone for the trading day for millions of Indian investors. SHOW TIMINGS Weekdays 8am