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JSW Steel cuts prices by up to Rs 1,400 a tonne
Leading steel maker JSW Steel today cut prices of its products by up to Rs 1,400 a tonne, mainly due to the softening global trend.

Markets buck global trend
The Indian bourses opened on a positive note at 17,200, tracking strong global cues. The index soared to a high of 17,352 but changed course after a robust industrial production data was declared which raised fears that the central bank may need to control monetary policy. The IIP number increased to 10.3% Vs 9.6% (MoM).

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Gold flares up to dizzy heights on strong global cues
Gold prices soared sharply and seemed to be heading towards the crucial psychological 18,000-mark at the bullion market here today driven by heavy speculative buying amid uninterrupted rally in the overseas markets.
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UK, France against 'double standards' in fight against terror

Britain and France today joined India in making it clear that there should be no "double standards" in the fight against terrorism, a view that can be seen in the context of Pakistan. - PM for emission reduction target with equitable burden-sharing - India won"t be deal-breaker at Copenhagen: Sarkozy - India against deferring substantive outcome at Copenhagen meet - India"s reaction to Mumbai attacks gets "Brown"ie points - Dr Van and Mister Who - Brown to announce plan to make bankers bonus illegal The three countries also highlighted the need to bring to justice the perpetrators of Mumbai attacks and "vigorous efforts" to deal with terrorism emanating from Afghanistan and Pakistan, as Prime Minister Manmohan Singh held separate meetings with French President Nikolas Sarkozy and British Premier Gordon Brown here. During the meetings on the sidelines of Commonwealth Heads of Government Meeting (CHOGM), the situation in Afghanistan-Pakistan region was also discussed. "There was convergence of views that there should be no double standards in fighting terrorism," External Affairs Ministry spokesman Vishnu Prakash told reporters while briefing on Singh"s meetings. He did not elaborate but the view is an endorsement of India"s stand that Pakistan should not be selective while fighting terrorism. India says that while Pakistan has gone all out in its fight against Taliban, it is turning a blind eye to groups like Lashkar-e Taiba and Jaish-e-Mohammad, which continue to target India.


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