Govt takes new avatar as bull on stock markets
Who’s the new bull on the stock markets? It’s none other than the government itself. The government’s nod for disinvestment of its stake in two public sector undertakings (PSUs) has done wonders to the PSU sector as a whole.



Quake upsets FM's budget plans
The devastating earthquake in Gujarat has upset finance minister Yashwant Sinha’s calculations, and he has now to rework the Budget to provide for possible fresh taxes to garner resources for rebuilding the state, estimated to cost at least Rs 25,000 crore.



Enron picks ONGC for stake sale
US-based energy company Enron International has shortlisted Oil and Natural Gas Corporation for acquiring its 30 per cent stake in Panna-Mukta and Tapti Oil and gas fields, but the fate of Indian Oil Corporation (IOC) was unknown.



Other headlines
Inflation to rise further due to quake -- Pranab
Cement cartel on a 'justification' drive
Govt to offload 10% stake in IOC
Govt to disinvest more in Balco
Govt lifts import restriction on 3 major antibiotics
‘Economy bowed but not broken’
Inflation shoots up to 8.29%
Govt may rationalise excise duty