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Quarterly statements: Labour of love for governors?
Life for Reserve Bank of India (RBI) governors can be tough. Being the government’s money manager is hectic enough, but what have added to their “permanent state of busy-ness” (as an RBI observer says) are quarterly statements, the latest of which will be announced tomorrow. http://smallpersonalloans.org.uk

Tata Steel net profit falls 49% on lower Tata Steel net profit falls 49% on lower BS Reporter / Mumbai October 28, 2009, 0:43 IST
Sensex ends up 35pts

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Gold makes new record; breaches 17K in futures trade
Gold breached the psychological Rs 17,000-per-ten-gram mark for all the running contracts in futures trading at the Multi Commodity Exchange on a firming trend in the global markets where it crossed $1,140 an ounce.
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20 AP ministers plans to quit en masse

The political backlash in Andhra Pradesh over Telangana decision took a new turn today with as many as 20 ministers hailing from coastal Andhra and Rayalaseema regions planning to resign from their posts en masse. - Govt seeks cooperation of states, parties on statehood demands - Centre backtracking on Telangana: Kisenji - Demand does not mean new states everywhere: Pranab - India-Sri Lanka ODI in Vizag is on: ACA - Cong, TDP responsible for political crisis in Andhra: BJP - Telangana crisis puts India-Sri Lanka Vizag ODI in jeopardy The ministers, under immense pressure from their constituents to quit following the Centre"s decision to bifurcate Andhra Pradesh, met in a star hotel here this afternoon and decided to put in their papers. "We have decided to resign from our posts. We have asked three of our colleagues -- Dharmana Prasada Rao, Gade Venkata Reddy and C Silpa Mohan Reddy -- to communicate our decision to Chief Minister K Rosaiah," state Municipal Administration Minister Aanam Ramanarayana Reddy told newspersons after the meeting. Immediately, Dharmana, Gade and Silpa Mohan rushed to the Secretariat to meet the Chief Minister. After their meeting, however, the ministers maintained that they had not taken up the resignation issue with Rosaiah yet. "We will meet him later in the evening and discuss the issue," Dharmana and Gade told reporters. The Chief Minister, meanwhile, refused to speak to the media and left for home.


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