The Union finance minister, Mr Pranab Mukherjee, on Tuesday indicated that there would be a further roll back of the stimulus package as there are positive signs of economic growth not only in GDP but also in international trade. Both exports and imports in the non-oil sector (chemical goods) registered a positive growth for six consecutive months since November.

The government’s decision to make 25 per cent public shareholding mandatory for all companies could cap the upside of the stock market, say brokers.

Warning that a nexus between builders and politicians was behind high real estate prices, HDFC chairman, Mr Deepak Parekh, on Monday asked the government to break it and make it easier for the common

The global markets were spooked by the Hungarian debt crisis and the slowdown in the US economy reflected in its unemployment figures.

Governments seem to have replaced large banks as the primary source of economic turmoil in the last year.

Mumbai’s bookies expect to make huge profits in the FIFA World Cup which begins this weekend, estimating that business might touch Rs 400-500 crores.
A bonus, they feel, is that the match timings will help Indian viewers.

To strengthen their case against two terror suspects arrested for allegedly plotting attacks in the city, the Anti-Terrorism Squad will make witnesses the duo’s friends, who were lured by them to go to Pakistan for terror training, an ATS official said here.

The way to an Opposition legislator’s heart is through his stomach — this was BJP leader Sushma Swaraj’s advice to chief ministers and senior ministers from the BJP-ruled states.

In what would seem totally out of place in the time of Twitter and Facebook, a community in chief minister Ashok Chavan’s hometown of Nanded has decided to do away with television sets from June 14. On Sunday, some members of the community smashed 50 television sets in Nanded as a precursor of things to come.

Senior BJP leaders L.K. Advani, Arun Jaitley, Gopinath Munde and Rajnath Singh chose to skip the BJP convention held at Utan, near Mumbai. This was the first major event in Maharashtra after Mr Nitin Gadkari took over as party chief and the absence of most senior leaders brings into the forefront the massive friction and infighting that