Panel for tough UCB prudential norms
Worried over the rising financial indiscipline among urban cooperative banks (UCBs), the RBI committee on UCBs has suggested bringing these banks under prudential norms to ensure their continued financial stability.



IOC seeks level-playing field for PSUs
State-owned oil giant Indian Oil Corporation (IOC) has asked the centre to ensure a level-playing field for the public sector oil companies vis-a-vis the private sector and set up an empowered standing committee.



Stocks continue uptrend
Share values advanced further on the Bombay Stock Exchange (BSE) today on sustained buying support from foreign funds and local institutions.



Other headlines
Over 26,000 NBFCs fail to meet RBI norms
Mega offer from Bajaj Auto
Naik promises to open up oil market by next year
Bizbits
FIs demand quarterly interest on tech fund
Sinha plans expenditure panel
Novartis faces insider trading probe
The amazing route which leads to silken fabric