Storm Over FDI Paralyses Parliament For 2nd Day; Sensex Ends Flat, Gains 1% This Week; Rupee at 2-1/2 month low of 55.53, RBI intervenes;

Friday, Nov 23, 2012 LEAD STORIES STORM OVER FDI PARALYSES PARLIAMENT FOR 2ND DAY   The storm over the issue of FDI in retail refused to subside paralysing proceedings in Parliament for the second day today. read more SENSEX ENDS FLAT; GAINS 1% THIS WEEK   Markets closed flat after recouping losses in late trade. Realty, PSU stocks were down. Sensex fell 10.77 pts at 18,506.57. Nifty ended at 5,626.60. read more 2G LOSS: JOSHI DENIES CHARGES; SONIA SAYS 'BJP EXPOSED'   Reacting to allegations by a former CAG official, the govt today demanded that PAC Chairperson Murli Manohar Joshi and CAG clear the air on the issue. read more TOP STORIES • Rupee at 2-1/2 mnth low of 55.53; RBI intervenes   • Hindustan Copper 4% stake sale oversubscribed   • Refund Rs 400 cr penalty levied on telcos: SC to govt   • Jet stock soars 16% on stake sale talks   • Gold surges to 9-week high, up Rs 110 to Rs 32,560   • Ranbaxy recalls generic Lipitor in U.S., shares fall   • GACL scraps JV plans with German firm Evonik   • Tata AIA, Rel Life see sharp fall in premium collection   • Bharti Infratel, biggest IPO, set for Dec 10   • SEBI seeks info on IPO probe, warns DLF of penalty   • SEBI ups ante on Sahara as SC deadline nears   • Blue Dart issue subscribed 3.5 times; raises Rs 950 cr   • CDC Group looks to invest $500 mn via PE route   • Tata Steel cuts 900 jobs in UK, to close 12 sites   • RTI applicant moves HC on RIL Insider trading case   • BJP opposes appointment of new CBI chief   • Kejriwal to launch his political party on Nov 26   • Former IPL chief Lalit Modi alleges murder attempts   • Ind-Eng, 2nd Test, Day 1: Pujara scores 114, 266/6   • Rejected Beatles audition tape found after 50 years   more stories TOP VIDEOS Recent Govt Reforms Positive; Implementation A Key: Bimal Jalan, Former Governor, RBI   Pharma Pricing Policy Is Bitter Pill For Biz, Public: D G Shah, Secretary-General, Indian Pharmaceutical Alliance   I Will Quit PAC If Charges Against Me, That I Had Influenced The 2G Report, Are Proved: Murli Manohar Joshi, Senior BJP Leader & PAC Chairman   AT A GLANCE BSE 18506.57 -10.77 NSE 5626.6 -1.15 TURNOVER Rs. 173,604 cr BSE CASH Rs. 2,087 cr NSE CASH Rs. 8,689 cr NSE F&O Rs. 134,052 cr BULLION GOLD 32045 +196 SILVER 62526 +370 CRUDE NYMEX 87.72 +0.34 BRENT 110.65 +0.1 FOREX $ / Re 55.535 +0.32 £ / Re 88.712 +0.84 € / Re 71.829 +0.83 EVENTS TO WATCH 26-27 November World Energy Policy Summit On 'New Shifts In Energy Paradigm', ITC Maurya, New Delhi Asian Financial Cooperation Conference Organised By FICCI, Hotel Trident, Mumbai 27-28 November CII's Microfinance India Summit 2012, Reconstructing The Sector Brick By Brick, The Ashok, New Delhi 29 November - 2 December Insight: The DNA Of Success Organised By Isha Foundation, Coimbatore

"RP Singh's allegations on 2G report are an attempt to malign Comptroller and Auditor General (CAG) and PAC by vested interests including the government." Murli Manohar Joshi Senior BJP Leader & PAC Chairman "The issues raised by RP Singh, former DG, P&T, in CAG are very germane. What is extremely important is that in May 2010 when the draft report was prepared, the loss was quantified at Rs 2,645 crore, but in November 2010 when the report was presented in Parliament, this loss jumped to Rs 1.76 lakh crore. How did this leap of faith take place? Manish Tewari Information and Broadcasting Minister "India has begun to lack self-confidence, which I worry about. If there is any country that should have been confident about its future, I thought it would be India. I often say that if all our businesses were like India, I would retire. While our businesses continue to get better here, the general atmosphere is of uncertainty." Martin Sorrell CEO, WPP