The Economic Times Valley echoes with market boom nowTrading terminals call the shots in Kashmir for cabbies, teenagers & businessmenI-T doesn't cost you at lotTax collection expense in India among the lowest in emerging economies.Hindujas to buy out Sumitomo in Hutch EssarForeign stake in Telco down 1.23%.The Hindu Business LineGovernment for stable tax rates Taxing industry more will hit investment: Chidambaram.RBI panel for cap on capital market exposure on NBFCsSays existing Rs 10-lakh limit in the case of bank credit to individuals (Rs 20 lakh if the securities are dematerialised) against security of shares, be prescribed for deposit-taking NBFCs as well.Salaries up 16% in IT services last yearBangalore, NCR are among the highest on the location index: Survey.The Financial ExpressIncrease subsidies, Deora urges PMAlso requested the PM to spare petrol, diesel, LPG and kerosene from an immediate price hike.FMC mulls specialisation by commodities exchanges The regulator will also examine applicability of uniform contracts in terms of same commodity and same expiry date.Star India split into two Peter Mukerjea to head Star Group, while Sameer Nair to head Star Entertianment.Daily News & AnalysisReliance Equity garners Rs 5,200 crore Domestic retail and other investors are hopping on the bull bandwagon.Downstream steel prices hiked again Essar, JSW first off the block; a third hike likely to follow.Orascom in not the only one straddling India, Pak, Bangla Telekom Malaysia, Millicom and Norwegian Telenor also fall under the similar linkages.The Times of IndiaPWC echoes BRICs report Another study backs India to emerge as second largest economy by 2050.M&MK to invest Rs 100 crore on new Scorpio, Logan Plans to ramp up production capacity of Scorpio from 132 vehicles a day to 180 a day.IFC buys out ICICI in Federal for Rs 480 crore ICICI Bank sold its 3% stake in Federal Bank for Rs 187 per share yesterday.