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Exporters happy with trade policy
After months of clamouring for help, exporters today said they are happy with the Foreign Trade Policy that has offered them, among others, subsidised credit and help to diversify to new markets.

In search of history
Meghnad Desai admits in the preface that it is an ambitious book. Written by “someone who cannot claim to be a professional historian”, the book is the author’s own and “somewhat opinionated” account of how India became a nation. In the process, it outlines a new premise based on which Indians should “rediscover” the new India.

News of the day

GVK Power Q3 net zooms two fold to Rs 46 cr
GVK Power & Infrastructure today said its consolidated net profit surged over two fold to Rs 45.80 crore for the third quarter ended December 31, 2009, over the same period previous fiscal.
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Markets volatile, recover from red

The markets have recover after slipping into negative terrain for the second time since morning trades. The NSE Nifty is now at 4,535, up eight points. Ambuja Cement has declined over 3% to Rs 94. - Mahindra Satyam tops value, volume chart for second day - Markets sideways; Nifty up 22pts - Markets slip into red, rebounds - Markets open with positive gap - Key Levels: More upside above 15,350 - FIIs raise stake in Nifty firms to 43% Sensex pares gains; Hindalco up 4% Loan prepayment does not violate competition laws:Banks SRK stands by his IPL remarks, says India a welcoming place Obama proposes substantial jump in aid to Pak Oil rises on bullish US manufacturing data The market breadth is fairly positive - out of 2,470 stocks, 1,389 have advanced and 990 have declined so far.


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