The Hindu Business Line : Tuesday, November 08, 2005

India, Pakistan agree to open bank branches
THE central banks of India and Pakistan have agreed to grant permission to two branches of commercial banks to start services in each other's country, on a reciprocal basis. A press release issued by the Reserve Bank of India said the specific ... More

POLICY

Govt notifies hike in FDI ceiling in telecom to 74%
THE Government on Monday notified the increase in foreign direct investment cap in telecom services to 74 per cent from 49 per cent, and said that FDI up to 49 per cent would continue to be on automatic route. According to an official ... More

POLITICS

Natwar Singh relieved of External Affairs portfolio
THE Prime Minister, Dr Manmohan Singh, today relieved Mr Natwar Singh from the responsibility of the Ministry of External Affairs following the controversy over Volcker committee report naming him as one of the non-contractual beneficiaries in ... More

DMK chief's wife relinquishes stake in Sun Network
THE DMK chief, Mr M. Karunanidhi, on Monday told a press conference that his wife had "relinquished" her 20 per cent stake in Sun Network. "She has very amicably relinquished her shares and received the proceeds," Mr Karunanidhi said. He said ... More

AP to appeal against HC ruling on quota
STUNG by a five-judge full bench Andhra Pradesh High Court judgment declaring the move to create reservations for Muslims in the State as unconstitutional, the State Government has decided to take the matter to the Apex Court. Addressing a ... More

Holland, Germany fear `spill-over' of race riots in France
THE average European citizen is both stunned and perplexed by the spreading race riots in France and over the speculation about the "spill-over" effect into neighbouring countries with high non-European African and Arab immigrant population - ... More