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Headlines Now
INTERNATIONAL
G8 leaders begin to arrive in Canada for summit
The leaders of the world's most powerful industrial nations - the G8 - have begun gathering in Canada in preparation of their annual summit.

LTTE imposes duty on goods in areas under its control
Colombo: In a move that may pose difficulties in the peace process, the Liberation Tigers of Tamil Eelam (LTTE) has issued a notification imposing a five to 25 per cent customs duty on goods that would be allowed into territory controlled by it in Northern Sri Lanka.

OPEC snubs consumer nations, sticks to output curbs
Vienna: The Organisation of Petroleum Exporting Countries (OPEC) ministers met on June 26 to rubber stamp a decision extending output curbs that have revived prices from a post-September 11 slump and to review the market situation in September.

WorldCom unveils big fraud, sacks top officials
San Francisco: A staggering corporate scandal erupted when troubled telecommunications company WorldCom disclosed company officials had misstated accounting figures in the amount of $ 3.8 billion.

NATIONAL
Hussain calls for hike in aircraft registration fee
New Delhi: Astonished at the paltry fee of Rs 200 charged for registration of an aircraft, Civil Aviation Minister Syed Shahnawaz Hussain has asked Director General of Civil Aviation to substantially hike the fee.

AI to acquire 8 more aircraft to link US cities
New Delhi: Hopeful of getting day or evening landing slots at Heathrow airport, Air India (AI) is going to acquire two Boeing 747-400s and six A-310s on dry-lease soon to connect American cities via London by December 1.

Labour panel to submit report to PM on reforms
Thrissur: The National Labour Commission will submit its report to Prime Minister A B Vajpayee on June 29, commission member C K Saji Narayanan said on June 26.

Trade unions to meet in Delhi to forge joint strategy
Kochi: A joint meeting of various central trade unions would be held in Delhi on July 15 to consolidate their unity and carry forward the unified struggle in support of agreed minimum demands, Hind Mazdor Sabha (HMS) all-India general secretary Thampan Thomas said on June 26.

British firm stops operation due to Indo-Pak tiff
New Delhi: British oil and gas major BG Group has suspended operations at a major oil and gas field in Cambay basin as an immediate fallout of Indo-Pakistan border tensions

Mixed reaction in print media over govt move on FDI
New Delhi: Debate raged on June 26 over India's historic decision to allow foreign investment in print media, with top editors saying that the move will help jump-start the economy but other industry actors warning of risks to national security

SENSEX continues decline on Ambani’s health concern
Mumbai: The SENSEX opened weak and dipped below 3,200-level at early stages in line with continued slide in key stocks on the Bombay Stock Exchange (BSE) on June 26 due to fresh selling pressure from investors.