INTERNATIONAL Drop in US retail sales sparks concerns on recovery Washington: US retail sales fell a steeper than expected 0.9 per cent in May, the government said on June 13, prompting concerns about the pace of the US economic recovery.
US eases pollution rules for upgraded power plants Washington: The US administration on June 13 announced relaxed pollution standards for utilities upgrading old power plants, a move that immediately drew fire from environmentalists.
NATIONAL SEBI moots slew of reforms to pep up market New Delhi: Market regulator Securities and Exchange Board of India (SEBI), on June 14, spelt out a slew of market reform measures including a Central Listing Authority, tighter de-listing norms and tracking down of promoters of vanishing companies, to improve sentiments in the market which is slated to witness about 200 initial public offerings (IPOs) this fiscal.
ADA inks pact with Infosys on software transfer Bangalore: In a pathbreaking initiative, Aeronautical Development Agency (ADA) on June 14 signed an agreement with software major Infosys to transfer "Autolay" software product, a spin-off from the Light Combat Aircraft (LCA) technologies.
PM intervenes to resolve J&K annual plan issue New Delhi: An intervention by Prime Minister Atal Behari Vajpayee has resolved the contentious issue of finalising the annual plan size for Jammu and Kashmir at Rs 2,200 crore for the current fiscal.
Equities move in narrow range in early BSE trading Mumbai: Share values resumed on a barely steady note with the benchmark moving in a narrow range on the Bombay Stock Exchange (BSE) on June 14 following alternate bouts of buying and selling.
