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Headlines Now
INTERNATIONAL
US scuttles China’s move in WTO on steel tariff
Geneva: China asked the World Trade Organisation on June 7 to examine its charge that US steel tariffs break international trade rules, in a debut for Beijing at the WTO's dispute settlement body

US job market bottoms out for 2nd straight month
Washington:The US job market shows signs of coming back to life, according to a government report on June 7, but the tepid pace means the overall economy is still plodding its way out of recession

NATIONAL
India to supply 3 lakh tonnes of wheat to Lanka
New Delhi: India will supply three lakh tonnes of wheat to Sri Lanka this year and sign line of credit for $ 100 million for supply of goods from India, Finance Minister Yashwant Sinha announced on June 10.

Escotel mobile services launches roaming facility
Bangalore: Escotel Mobile Communications Ltd, a leading cellular service provider, announced the launch of incoming and outgoing roaming facility for its pre-paid subscribers. Escotel is the main cellular provider in Uttar Pradesh, Haryana and Kerala according to an official press release.

Border tiff creating anxiety among IT clients: Premji
Mumbai: The border tension has created an apprehension among investors and clients of IT companies over project schedules, Wipro chairman Azim Premji said on June 10.

India, Sri Lanka put FTA review on fast track
New Delhi: India and Sri on June 10 decided that the review of their bilateral Free Trade Agreement (FTA) would be put on a "fast track" and fixed a four-week timeframe for resolving all outstanding issues.

Petrol and diesel prices to be hiked yet again
New Delhi: Prices of petrol and diesel may have to be increased again by Rs one and 50 ps respectively this month, as domestic prices of the two auto fuels are still lower than the import parity price

Infosys AGM approves raise in FIIs’ stake in firm
Bangalore: The 21st annual general meeting (AGM) of Infosys Technologies Limited was held on June 8 in Bangalore. The AGM was chaired by Senator Larry Pressler, independent member of the Board at Infosys, according to an offiical press release.

Tatas agree to induct govt nominee on VSNL panel
New Delhi: The 13-day row between the government and Tatas over the recently privatised Videsh Sanchar Nigam Limited's (VSNL) decision to invest Rs 1,200 crore in Tata Teleservices seems to have ended with Tatas agreeing to induct Yashwant Bhave, government nominee, in the sub- committee on intercorporate investments and enlarge its scope.