Monday, Sep 26, 2011
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2G SCAM: RAJA SAYS ENTIRE CABINET MUST FACE TRIAL
Former telecom minister A Raja's lawyer, Sushil Kumar, told the court that Union Home Minister P Chidambaram was a party to all the decisions taken in connection with the 2G spectrum allocation. He asserted the allocation was a Cabinet decision and that the entire Cabinet must be made to face the trial. read more |
SETBACK FOR 2G ACCUSED, CBI FOR FRESH CHARGES
The CBI today moved a designated Special Court for slapping the fresh charge of breach of trust by public servants against former telecom minister A Raja, his former private secretary RK Chandolia and former telecom secretary Siddharth Behura in the 2G spectrum allocation case. If convicted, in the charge under Section 409 of the IPC, the accused can face a maximum punishment of life imprisonment. read more |
FM MEETS SONIA AFTER CHIDU OFFERS TO RESIGN
Home Minister P Chidambaram has reportedly offered to resign today in a 20-minute meeting with Sonia Gandhi. Post that Pranab Mukherjee met Sonia Gandhi to explain his version of the story. read more |
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| AT A GLANCE |
| BSE | 16051.1 | -110.96 |
| NSE | 4835.4 | -32.35 |
TURNOVER
Rs. 214,095 cr
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BSE CASH
Rs. 3,282 cr
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NSE CASH
Rs. 11,343 cr
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NSE F&O
Rs. 199,469 cr
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| BULLION |
| GOLD | 25648 | -1068 |
| SILVER | 49400 | -4326 |
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| CRUDE |
| NYMEX | 78.34 | -1.51 |
| BRENT | 103.46 | -0.51 |
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| FOREX |
| $ / Re | 49.445 | +0.02 |
| £ / Re | 76.493 | +0.18 |
| € / Re | 66.252 | -0.39 |
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| EVENTS |
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| 27 September |
 | Conference On Mines, New Delhi |
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| 27-30 September |
| Conference On Six Sigma, New Delhi |
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| 28 September |
| Finance Ministry To Hold Secretary-Level Meeting To Assess The Progress On Various Suggestions Given By India Inc To Give A Fillip To The Economy |
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| 29 September |
| 8th National Summit On E-Governance, New Delhi |
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| 3 October |
| Joint Panel Of Finance Ministry & RBI Meet To Decide On The Borrowing Calendar For The Second Half Of The Current Fiscal |
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| EXPERT VIEWS |
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"We have had a good monsoon and the commodity prices have come down dramatically...if the inflation can be tackled or corrected, which it could if the commodity prices come down, then I think we will see peaking of the interest rate cycle. And if interest rates come down, India will do very well."
Rakesh Jhunjhunwala
Investor
"If we take a 20-year horizon, we know that the world will look very different. The change in relative economic weight calls for changes in the global order and these changes can be brought about faster, and more effectively, if India and China work together along with other emerging market economies. We need to collaborate in new groupings, such as G-20 and the BRICS to ensure there is a regular exchange of views between us."
Montek Singh Ahluwalia
Deputy Chairman, Planning Commission
(On turning 88 years old) "I think I am still growing and learning. I have not achieved anything and I am not boasting because I feel there is so much to be done. I don't delve into past. What is done is done. You have to move ahead in life."
Dev Anand
Bollywood Hero
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| WATCH OUT |
 Storyboard
There's just about a month to go before India hosts it's first Grand Prix and joins the high stakes and high adrenalin sport of Formula 1 car racing. Sponsors and advertisers of the sport have already started their marketing activities. On Storyboard this week, join Anuradha SenGupta as she talks to Karun Chandhok (Test Driver, Team Lotus F1), Sudhir Rao (Renault India), Anuradha Aggarwal (Vodafone India) and Donald Anderson (Shell India) to find out what the sport is likely to deliver to marketers.
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SHOW TIMINGS
Tues 7:30 pm
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