The Finance Minister’s decision to reduce the overall tax slabs for individuals during the Union Budget 2010 proposals will translate into higher spending power for the tax-payers. The proposal to raise the tax slabs will benefit 60 per cent of all tax payers, said Mukherjee in his budget speech.

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Consumer goods, durables stocks in demand post Budget

Reduction in the 33 per cent quota for the fair sex envisaged in the Women’s Reservation Bill can be considered to arrive at a consensus, NCP chief Sharad Pawar has said. Pawar, speaking at the concluding session of the NCP’s two-day national conclave at Karla, is perhaps the first UPA leader to have talked of considering a reduction in the quota.

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Pawar hints at quota reduction in Women’s Bill

Kansas, Kentucky, Syracuse and Duke have earned the No. 1 seeds for the NCAA tournament, with the Jayhawks selected as the top seed overall for this year’s version of March Madness.

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No. 1 Kansas Jayhawks earn overall top seed for NCAA tournament

Market abuse in the UK’s financial services sector is “unacceptably high”, says the head of the City watchdog.

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Market abuse ‘unacceptably high’

BRUSSELS (Reuters) – Finance ministers from countries using the euro hope to agree on Monday on a way of providing heavily indebted Greece with financial aid, despite French doubts that a deal will be reached.

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Greek bailout tops EU finance ministers’ agenda

Mukesh Ambani-led Reliance Industries (RIL) and sports marketing giant IMG Worldwide today entered into an equal joint venture to build a professional sports business in India, which is expected to give a boost to the country’s sporting arena.

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RIL, IMG form sports venture to tap Indian game mkt

Kyle Singler scored 27 points to help fourth-ranked Duke push ahead in the second half to beat Miami 77-74 in Saturday’s Atlantic Coast Conference tournament semifinals.

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No. 4 Duke corrals Miami with help from Singler

Infrastructure India Plc (IIP), an infrastructure fund listed on the London Stock Exchange (LSE), is under constant fire from its investor.

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LSE-listed infrastructure fund under shareholder fire

The postal watchdog is considering taking action against Royal Mail after finding that delivery quality tests were rigged.

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Royal Mail quality tests ‘rigged’

UK mortgage lender Lloyds Banking Group is encouraging borrowers to pay off up to 20% of their mortgages early.

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Lloyds aids mortgage overpayments

WASHINGTON (Reuters) – An explosive report by a court-appointed examiner on the collapse of Lehman Brothers may prove to be a roadmap for prosecutors to bring criminal cases against the investment bank’s former executives, legal experts say.

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Lehman report may point way for criminal charges

A teenager from Essex is chosen to represent the UK in this year’s Eurovision Song Contest in Oslo.

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Teenager gets UK Eurovision vote

The UK announces a 300m-euro (£270m) loan guarantee for Vauxhall and Opel, the European arm of General Motors.

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Vauxhall gets UK loans guarantee

WASHINGTON (Reuters) – An Obama administration program to help struggling homeowners modify their mortgages has more than one million active borrowers, though fewer than 10 percent have obtained permanent loan modifications, according to a Treasury Department report released on Friday.

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Treasury says 1 million homeowners in loan modifications

NEW DELHI (Reuters) – Russia will build more than 1,000 stealth fighter jets within four decades, including at least 200 for its traditional weapons buyer India, the head of plane maker Sukhoi said on Friday.

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Russia to make 1,000 stealth jets, eyes India deal