PM Reaches Out to Anna; All-Party Meet on Aug 24 To Discuss Lokpal Bill; Sensex Up 156 Pts

Tuesday, Aug 23, 2011
SPECIAL LEAD
PM REACHES OUT TO ANNA, PRANAB TO MEDIATE
On the eighth day of Anna Hazare's fast and after much talk about holding talks, the government finally appointed its trusted troubleshooter, Finance Minister Pranab Mukherjee, to mediate with Team Anna represented by Arvind Kejriwal, Prashant Bhushan and Kiran Bedi. To drive in the point that the government was serious on a strong ombudsman legislation, Prime Minister Manmohan Singh also wrote a letter to Anna Hazare on Tuesday requesting him to end the fast. PM also told Hazare that the government would ask the Lok Sabha Speaker if his version of Lokpal Bill could be sent to the Standing Committee. Earlier, Congress General Secretary Rahul Gandhi met PM and discussed Hazare's protest fast. (SEE 'TOP STORIES' -- PRIME MINISTER'S LETTER TO ANNA HAZARE) read more
ALL-PARTY MEET ON AUG 24 TO DISCUSS LOKPAL BILL
The government has convened an all-party meeting on August 24 to discuss the Lokpal issue. Leaders of all political parties have been invited to attend the meet scheduled for 3.30 pm on Wenesday. The government is of the view that some of the demands put forth by Anna Hazare and his associates require a wider political consensus before a decision could be taken. read more
SENSEX UP 156 PTS ON GLOBAL CUES
Sensex rallied for the 2nd day, ending at 156.77 points to close at 16,498.47, on buying in IT stocks and blue chips like RIL. Positive global cues also led the rally. Nifty ended at 4,948.90, up 50.10 points. read more
TOP STORIES

TOP VIDEOS

AT A GLANCE
BSE 16498.47 +156.77
NSE 4948.9 +50.1
TURNOVER
Rs. 183,094 cr
BSE CASH
Rs. 2,114 cr
NSE CASH
Rs. 10,265 cr
NSE F&O
Rs. 170,714 cr
BULLION
GOLD 27880 -214
SILVER 65030 -553
CRUDE
NYMEX 84.5 +0.08
BRENT 108.15 -0.21
FOREX
$ / Re 45.625 +0.06
£ / Re 75.395 +0.4
€ / Re 65.695 +0.29
EVENTS

24 August
High Level Committee Under Textiles Ministry To Meet To Take Stock Of The Prevailing Situation, Tirupur, TamilNadu
Government To Call All-Party Meet To Discuss Lokpal Bill


25-26 August
2nd Annual Conference On Dredging In India, Needs & Requirements, Issues & Opportunities, Grand Hyatt, Mumbai
10th Oil & Gas HR Round Table, ITC Grand Central, Mumbai


26 August
India SME Leadership Summit, Hyatt Regency, Mumbai
Federal Reserve Chairman Ben Bernanke Speech, Jackson Hole, U.S.


5 September
SAT To Hear Sahara's Plea On OFCDs


5-7 September
India Japan Global Partnership Summit, Tokyo, Japan

EXPERT VIEWS

"I have maintained that your (Anna Hazare) and our object is identical viz. to reduce significantly, if not eliminate, the scourge of corruption from this country. At worst, our paths and methodologies may differ, though I do believe that even those differences have been exaggerated."

Manmohan Singh
Prime Minister
"I feel there are only 5-6 people in the government who are running the country and if such people, who do not have a social or national perspective, run the nation, then what will happen to this country...This is something to worry about."

Anna Hazare
Social Activist
"If I look at the politicians both in Europe and the U.S., I don't think the prospect for growth is very good... I think for the next 10 years we'll have very muted growth in the Western world...I think we never really came out of the recession in many different sectors of the economy."

Marc Faber
Editor & Publisher, The Gloom Boom & Doom Report

WATCH OUT
India Healthcare Awards 2011
Honouring the best in India's Healthcare Industry, ICICI Lombard Health Insurance and CNBC-TV18 present the India Healthcare Awards 2011. These awards are the most authoritative platform to recognize the finest facilities in India's Healthcare Industry. To nominate your hospital, log on to http://hca.moneycontrol.com or SMS 'HCA to 51818.
SHOW TIMINGS
Coming Soon
IBU Mobile version India Business Update

No comments: