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No fear of asset bubble on rising inflows: RBI
A day after the Reserve Bank of India (RBI) tightened norms governing external commercial borrowings (ECB), Governor D Subbarao said the capital flow into India was in line with the requirement and current account deficit.

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'RBI move indicates gradual withdrawal of stimulus packages'
India Inc today cautiously welcomed the RBI"s move to modify the ECB guidelines and said this also indicates a gradual withdrawal of stimulus measures announced to help the industry tide over the global credit crunch last year.

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Take RIL to SC, solicitor general tells NTPC
Union Solicitor General Gopal Subramanium has advised NTPC Ltd to transfer its case against RIL to the Supreme Court.
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US in touch with both India, Pak on Headley-Rana case: Crowley

The US has said it is in communication with both India and Pakistan on the case of LeT operatives David Coleman Headley and Tahawwur Hussain Rana, who were arrested by FBI in October on charges of plotting terror attacks against Indian facilities. - Govt rejigs accounts to spend Rs 25,725 cr - EGoM reviews Dabhol project operations, revival - 3G auctions run into fresh storm - Stick to the point - Cut time for making DPRs for infra schemes: Pranab - Headley faces life term or death if found guilty over 26/11 "We obviously have a role to play in terms of dialogue with these countries," Assistant Secretary of State for Public Affairs, P J Crowley, told reporters. A team of FBI officials is currently in India to brief Indian investigating agencies on the findings of their probe with regard to the Headley-Rana case. The FBI team would then travel to Pakistan. The State Department on Monday said the visit of FBI team reflects the commitment of US President Barack Obama to Prime Minister Manmohan Singh during the Indian leader"s recent visit here to cooperate closely on the case. The US Department of Justice and the FBI sent a briefing team that shared with their Indian law-enforcement counterparts information disclosed by Headley relating to his alleged role in the November 2008 Mumbai terrorist attacks and plotting of an attack in Denmark. During last month"s State visit of Prime Minister Singh, Obama had discussed the issue with the Indian leader and had promised full US support in sharing the results of the FBI investigations.


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