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Montek for further opening up of financial sector
Ahead of the Budget, Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the country should further liberalise its financial sector to play a bigger role on the global landscape.

RIL Q1 net dips 11.5% at Rs 3,636 cr
India"s most valued company Reliance Industries (RIL) today reported 11.5 per cent fall in net profit at Rs 3,636 crore for the first quarter of the this fiscal on falling refining margins and reduction in fuel demand in the time of global recession.

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Bus Rapid Transit system in nine more cities
Defending the Bus Rapid Transit (BRT) system, government today said it will be implemented in nine more cities.
International Business

Asian markets end weak

Asian markets ended weak. The Hang Seng closed down 234 points at 20,121 and the Nikkei dropped 216 points to 10,198. - Asian markets end firm - Asian markets end with moderate losses - Inflation fight fears - Asian markets trade weak - Asian markets end in the red - Asian markets trade weak The Seoul Composite tumbled 40 points to 1,602. The Straits Times dropped 10 points to 2,747 and the Taiwan Weighted declined by 54 points or 7,640. The Shanghai Composite ended flat at 2989. -------------------------------------------------------------------------------------------------------------------------(Updated at 1145am) Asian markets continue to trade in red. The Hang Seng has recovered from the day"s low and is now down 158 points at 20,198. The Nikkei has dropped 201 points (1.9%) to 10,213. The Seoul Composite has tumbled 47 points (2.8%) to 1,596. The Straits Times and the Taiwan Weighted have dropped .07% each to 2,734 and 7,640, respectively. The Shanghai Composite is flat at 3,001. ________________________________________________ (Updated at 0825 hrs) Asian markets have opened on a subdued note. The Hang Seng has dropped 263 points (1.2%) to 20,094. The Nikkei has declined 162 points (1.5%) to 10,252 on a stronger yen. The Taiwan Weighted has shed 132 points (1.7%) at 7,562. The Seoul Composite has tumbled 29 points (1.7%) to 1,612. The Straits Times is down 22 points (1%) at 2,736. However, the Shanghai Composite has added 16 points to 3,010.


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