Today's Top Newspaper Headlines:-
The Economic Times
The World is Flat
Global gloom spreads as most markets end in negative terrian
N-plant cos to face heat for mishaps
Rs 300 cr liability floor
MTN to call back as RCom, Bharti rival
African telecom major plans to tie-up with existing operator for India entry
The Hindu Business Line
Market jitters persist
Asian stocks rise on rate cuts; trend fails to sustain in Europe, US
Trusts may get to invest in shares
Bill likely in coming session
More steps by RBI on cards
Bankers looking for another CRR cut or a decrease in the statutory liquidity ratio
The Financial Express
Health insurer Cigna seeks India re-entry
Private health insurance in India is growing at 40% a year
Chambers ask for Rs 1 lakh-cr more liquidity
Wants the funds to address the incipient slowdown in growth since credit is becoming difficult for industry
I&B mulls fewer taxes on DTH, cable operators
The committee is also looking at the methodology of bringing about uniformity in the variable rates of entertainment tax across states on cable & DTH services
MINT
Trouble ahead? Top bank borrows Rs 1,000cr @ 20%
Desperate short-term borrowing signals need for regulators to help Indian banks as liquidity issues persist
India's airlines face fare drop, profit delay on foreign routes
India has more than tripled its seat allocation on international routes over the past five years by liberalizing air services agreements with other countries
Cargo shipping rates fall
Freight rates on the India-Europe route are down 40% as economic downturn begins to slow demand for goods