INTERNATIONAL
China drags US to WTO on steel import tariffs Beijing: China, the world's top steel-maker, on March 15 appealed to the World Trade Organisation (WTO) against the US decision to steeply raise the import tariffs on steel, citing violation of WTO rules and trade protectionism.
Andersen indicted for shredding Enron evidence Washington: Arthur Andersen, accounting firm of Enron, has been indicted on criminal charges for shredding documents and destroying e-mails connected to the collapsed energy giant, US Justice Department said.
NATIONAL
Equities lose early gains on late selling Mumbai: Equities beat a hasty retreat after an initial smart upsurge pushing the SENSEX in the negative territory at close today on the Bombay Stock Exchange (BSE) due to late profit booking by speculators and public investors.
Jalan wants govt to spell out long-term tax policy New Delhi: Reserve Bank of India Governor Bimal Jalan on March 18 asked the government to come up with a long-term policy, which would clearly spell out the tax rate structure for five to seven years well in advance.
RBI chief Jalan projects 6.5 pc growth in next fiscal New Delhi: Reserve Bank of India (RBI) Governor Bimal Jalan on March 18 said that the economy would grow by 6 to 6.5 per cent in the next fiscal and by about 7.0 per cent in medium term of four to years.
SEBI set up panel to monitor stock exchanges Mumbai: Securities and Exchange Board of India (SEBI) on March 18 constituted a seven-member group headed by former Chief Justice of India M H Kania to recommend measures for demutualisation and corporatisaton of stock exchanges in the country.
Jalan hints at ‘softer’ interest rates in future New Delhi: Reserve Bank of India (RBI) Governor Bimal Jalan on March 18 said the real interest rate has been on the higher side and that interest rates will be "softer" in the near future.
Ayodhya peace leads to spurt in bull operations Mumbai: The SENSEX opened firm and rallied further at the early stages in keeping
with a fresh upsurge in select old economy stocks on the Bombay Stock Exchange (BSE) on March 18 on continuous buying support from speculators.
