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Jamal Mecklai: Bringing hedgers to the futures market
Jamal Mecklai / New Delhi January 8, 2010, 0:00 IST

HDFC expects credit growth to exceed 20%
Leading home loans lender HDFC expects its credit growth to exceed 20 per cent in the current fiscal, a top company official said.

News of the day

Raj Bhavan hopes
Three states, Andhra Pradesh, Rajasthan and West Bengal, don’t have governors. ND Tiwari resigned and vacated the Raj Bhavan in Hyderabad recently. Gopal Krishna Gandhi quit the Raj Bhavan in Kolkata and Jaipur is vacant after the death of former foreign secretary SK Singh. The result is that various people in the race are making rounds of politicians they think will give them a leg-up to the post. Finance Minister Pranab Mukherjee’s residence is obviously one pilgrimage centre. Watch this space for more on this front.
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Yeddyurappa rules out dropping any minister

Karnataka Chief Minister B S Yeddyurappa today ruled out the question of dropping any of his ministers, a demanded made by the dissidents, but vowed to change his style of functioning. - K"taka crisis solved, Yeddy to continue as CM - Karnataka BJP crisis resolved - Mont Blanc Jaitley - Dissidents stick to their stand, seek Yeddyurappa"s removal - Karnataka Bhawan is jam-packed - Hooda ministry expanded in Haryana "No, that question does not arise at all," he told reporters at his residence on arrival from New Delhi where the party evolved an "amicable settlement" to end the two-week- long stalemate following the revolt in the state unit. He was replying to a question on the issue of dropping of ministers from his government. Under the compromise worked out between the Chief Minister"s camp and that of the dissident Reddy brothers, it was decided that while Yeddyurappa would continue to head the government, a coordination committee will oversee its affairs in the state. There was also an indication that a woman minister may be removed and the Speaker inducted into the Cabinet. "You will see different Yeddyurappa from tomorrow", the Chief Minister said, expressing relief over the crisis had blown over. "Now I am extremely happy". Refusing to divulge details of the compromise formula, he said they would be clear within a few days. The chief minister, who arrived to a rousing welcome by his supporters at the airport, said he would be meeting Speaker Jagadeesh Shettar.


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