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Deutsche Postbank Home Finance posts 29% growth H1 net
Deutsche Postbank Home Finance, a 100 per cent MNC housing finance company, has posted 28.77 per cent rise in net profit at Rs 30.16 crore during the first half year ended September 30, 2009 as compared to Rs 23.42 crore in the corresponding period last year.

'Speed up freight track project'
A major partner in the Indian Railways’ Rs 60,000 crore dedicated freight corridor project, Japan said it would like the project implemented at the earliest. Japanese Prime Minister Yukio Hatoyama said the building of exclusive rail lines for freight carriers along with dedicated industrial corridor should take shape fast.

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RBI pitches for partial rollback of stimulus
With budgetary preparations on in full swing, the Reserve Bank of India (RBI) today advised the Finance Minister to at least partially rollback the stimulus that was provided to help the industry cope with the financial crisis.
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Chidambaram invites KCR to Delhi for Telangana talks

Home Minister P Chidambaram today said he has invited TRS chief K Chandrasekhar Rao here to discuss the next step for formation of a separate Telangana state. - Telangana to become the 29th state - TRS chief to remain in hospital for 3 more days - Centre agrees to form Telangana state - Govt ready to hold talks with ULFA: Chidambaram - Tension grips Telangana - Kalyan lied, Rao made wrong judgement on Babri: Govt "I am happy to inform the House that by and large normalcy has been restored in Hyderabad," Chidambaram told the Rajya Sabha. He said Rao had spoken to him this morning and thanked all sections of the House for resolving the issue. "I have invited Rao to Delhi to discuss the next step", the Home Minister said. Earlier, senior BJP leader M Venkaiah Naidu took exception to Chidambaram announcing the Telangana decision outside Parliament though his party welcomed carving out Telangana from Andhra Pradesh. Naidu said the government was taking Parliament lightly by announcing policy decisions outside and it was not only the question of privilege but a propriety of the House. Chidambaram said he could not have waited to make the announcement on Telangana as the government could "brook no delay" against the backdrop of the situation in the state. In any case, he said what was announced late last night was a "re-statement" of the earlier decision of the government.


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