TOP HEADLINES
• Sebi interrogates Zee chief Subhash Chandra
• Police custody for Krushi official till Sept 5
• Govt goes after Tehelka financiers
• CBI seeks documents on A-I divestment
• RBI union plans one-day strike on Sept 6
• Godbole report to be ready by Friday
• 'Forged' letter issue rears its head again
• Naidu seeks FM, RBI intervention
- - More

CORPORATE HEADLINES
• VSNL in tie-up with Telekom Malaysia
• Rajshree Sugars may buy SICAL's sugar unit
• Manufacturing stopped at Modi Rubber unit
• Hind Lever Chemicals Q2 net at Rs 41.60 mn
• Supreme Industries FY-01 net down 82.25%
• Second open offer for Tata SSL at Rs 27
• ABB to seek shareholder approval for merger
• Wartsila parent open offer for 49% at Rs 120
- - More

MARKET REPORT
Sensex down by 14 points
Selling pressure in new as well as old economy stocks. Infosys, NIIT, BSES, ACC, GACL, Grasim, Hindalco, Glaxo, Dr Reddy, Ranbaxy, ITC and HLL lose.

DAILY TECHNICALS
Trading strategy for August 31, 2001
Sensex, Infosys, Zee, Digital, Balaji... Check out what you can do on Friday.

COLUMN
When everybody else takes pay-cuts, our netas get a hike
'The raise to 790 super-privileged persons is resented by most of India's billion-strong population,' says Sucheta Dalal.

STOCK TALK
'Most traders lose money'
'It is a tough period and no one is making money by sitting. However it will pass. India still retains an edge in IT and I believe that,' says Ramesh Shrichand Damani.

INTERVIEWS
'India must get the world to condemn what the US is doing with patents'
'If Trade Related Intellectual Property Rights is to be a binding treaty, then the Convention on Biological Biodiversity must be an equally binding treaty. The Americans must be forced to accept it,' says Suman Sahai, Convener, Gene Campaign.
'We have resoundingly lost the basmati case'

'WTO cannot be blamed for our inaction'
'We have been sleeping over the inevitable challenges that we knew would arise out of signing the WTO pact. But there's no point in looking back. We should pull up our socks now,' says
Dr M S Swaminathan.

'A new WTO round will be useful'
'India can play a more effective role if it joins the negotiations soon,' says US Trade Representative Robert Zoellick.

THE BUDGET & GOVT POLICIES
The Rediff Budget Special: Full coverage
Rail Budget 2001-2002: Full coverage
Credit Policy 2001-2002: Full coverage
Exim Policy 2001-2002: Full coverage
Economic Survey 2000-2001: Full coverage