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8 October 2008 year (time zone GMT 00:00)  Number of sources in English: 4955
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Letters to the editor: Knee-jerk reaction

08.10.2008 22:35    expressindia.com
RBI's removal of restrictions on participatory notes used by the foreign institutional investors was a knee-jerk reaction.


Biz optimism dips 28% amid turmoil in global mkts

08.10.2008 22:35    expressindia.com
India Inc's business optimism in the last three months has reported a decline of 28%, largely due to the turbulence in the global financial markets...

Fairer sex faces wage bias in textile sector

08.10.2008 22:35    expressindia.com
Male workers in the textile garment industry are paid more than females, except in Uttar Pradesh. Men, who account for 40.74% of total workforce in the apparel-making industry...

FE Editorial : Iceland, frozen

08.10.2008 22:35    expressindia.com
The biggest victim of the global financial turmoil may just turn out to be the tiny nation of Iceland whose population...


Eight out of 10 stressed by economic crisis in US

08.10.2008 22:35    expressindia.com
A whopping 80% of panic-stricken Americans, especially women, are lying awake at night, feeling angry or stressed about their personal finances and the battered economy...

Auto financiers ignore CRR cut, hike interest rates

08.10.2008 22:35    expressindia.com
Despite a 50 basis point cut in cash reserve ratio by the Reserve Bank of India, leading auto finance banks have either hiked the interest rates by 100 bps or are planning to do it shortly.

Finmin objects amendment in 3-G norms

08.10.2008 22:35    expressindia.com
The finance ministry has expressed displeasure at the department of telecommunications amendment on the 3-G guidelines and has asked the DoT to finish the process 3-G/BWA services auction by December 2008.

RNRL submits parts of Ambani pact to HC

08.10.2008 22:35    expressindia.com
The counsel for Anil Ambani-owned Reliance Natural Resources Ltd, Ram Jethmalani, on Wednesday submitted relevant parts of the MoU between the Ambani brothers at the time of the demerger of the Reliance empire to the Bombay High Court along with

Study to assess impact of hydro projects in hilly areas

08.10.2008 22:35    expressindia.com
The Centre, which is struggling to tap the hydro potential of 1,20,000 mw in the country, has proposed to carry out a pilot study to evaluate the impact...

Relief for elderly: income from reverse mortgage to be tax-free

08.10.2008 22:34    expressindia.com
The elderly may finally get to live in peace with the finance ministry notifying the Reverse Mortgage Scheme, which would exempt from tax the income they earn by mortgaging their property.

Mild steel futures may remain weak on sluggish demand

08.10.2008 22:34    expressindia.com
Mild steel futures prices on the National Commodity & Derivative Exchange may continue to rule weak over the next few days as raw material and international steel prices have been sliding sharply.

TCS buys Citi BPO arm, gets $2.5-bn contract

08.10.2008 22:34    expressindia.com
Tata Consultancy Services on Wednesday said it will acquire Citigroup Inc's interest in Citigroup Global Services Ltd...

AIG plans to sell non-insurance business in India

08.10.2008 22:34    expressindia.com
The shake-up in the core operations of American International Group, after its $85-billion bailout by the US government...

Banks, corporates see rate cut

08.10.2008 22:34    expressindia.com
Even as bond yields eased to their lowest in nearly five months on Wednesday after the US Federal Reserve led central banks in a round of rate cuts to try and stave off a global recession, Indian bankers and corporates

Education bill clears fund hurdles

08.10.2008 22:34    expressindia.com
After almost five years of having drafted the Right to Education Bill in 2003 and six years after Parliament had made free and compulsory education...

Govt steps up firefighting as Sensex swings below 11k before recoup

08.10.2008 22:34    expressindia.com
With the markets exhibiting dramatic volatility on Wednesday, the government sought to soothe frayed nerves by saying that the fundamentals...

India, China to sign 36 MoUs to boost trade tie

08.10.2008 22:34    expressindia.com
Opening a new chapter in the India-China business relations, the two countries are expected to sign at least 36 memorandum of understandings...

DGCX ends largest physical settlement of $25 million

08.10.2008 22:34    expressindia.com
Dubai Gold and Commodities Exchange Wednesday announced the successful completion of its largest-ever physical settlement of gold and steel rebar futures contracts, valued at $25.20 million, by the Dubai Commodities Clearing Corporation.

Next 48 hours crucial for global markets

08.10.2008 22:34    expressindia.com
As investors in India take a day off from the stock market on Thursday, all eyes will be on the global developments and the reaction of the world markets to the concerted rate cut by world's central banks.

Montek: turmoil abroad will have least impact on economy

08.10.2008 22:34    expressindia.com
Planning Commission deputy chairman Montek Singh Ahluwalia on Wednesday exuded confidence that the stock markets will bounce back as the fundamentals...

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