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India can't quiz Headley, Rana due to legal issues in US: Jones
The US, which foiled a major terror plot by LeT to target India, has said it would be forthcoming with details of the case but cited legal limitations in allowing Indian investigators to quiz the two arrested operatives David Coleman Headley and Tahawwur Rana.

Subir Roy: Do as Europe has done
Back in prehistory, that is, about three decades ago, when Kolkata thoroughly drowned in the monsoon deluge, we looked forward to sarat or autumn. The rains would be gone, the heat would be a bit less though the oppressive humidity would still be around, but that’s not what mattered. The special part was the sky at dusk. The grey of the monsoon clouds, still lingering, would be tinted pink and purple by the setting sun and create a riot of colours. And through this sky would pass large flocks of birds in a V formation.

News of the day

Indian retail sector to touch $521 bn by 2012
Apparel and FMCG segments will be the driving forces for the Indian retail sector, which is likely to grow annually by 9 per cent to touch $521 billion by 2012, a senior retail industry official said.
Small Business

DIIs net buyers of Rs 2,330 cr in cash mkt today

Domestic institutional investors (DIIs) were net buyers of Rs 2,330.25 crore (provisional) today, according to data released by BSE. - FIIs net sellers Rs 598cr in F&O on Thursday - Exploit low volatility in range-trading market - Insurers may invest Rs 40k cr in equity mkts - FIIs infuse Rs 24,800 cr in Dec quarter - FIIs net buy Rs 516cr, DIIs net sell Rs 472cr - FIIs net sellers Rs 278cr in F&O on Wednesday While DIIs made gross purchases of Rs 3,726.11 crore, gross sales totalled Rs 1,395.86 crore. Foreign institutional investors (FIIs) were net buyers of Rs 613.42 crore today. While FIIs made gross purchases of Rs 1,614.83 crore, gross sales totalled Rs 1,001.41 crore. FIIs were net buyers of Rs 834 crore on Thursday, December 31, according to data released by Sebi today. While FIIs made gross purchases of Rs 2,702.50 crore, gross sales totalled Rs 1,868.50 crore. Mutual funds (MFs) were net sellers of Rs 281.10 crore on Thursday. MFs made purchases of Rs 869 crore and sales of Rs 1,150.10 crore.


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