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Rupee drops to two-week low
Rupee dropped, completing the biggest two-day loss in two months, as declines in local stocks spurred speculation capital inflows will slow.

Mfg likely to get boost during Reddy's 2nd term
Expectations are on the rise that the second term of chief minister YS Rajasekhara Reddy would give a boost to the manufacturing sector with the state bagging four major projects, including two manufacturing units, involving an investment of Rs 8,750 crore in the past fortnight.

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Shell transferring thousands of jobs to India, Phillipines
In order to reduce costs, global oil major Shell will soon transfer additional office jobs from Houston and elsewhere to India and the Philippines.
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Soren sworn in as Jharkhand CM for third term

Shibu Soren, heading a five-party coalition, was today sworn in as Jharkhand chief minister for the third time by Governor K Sankarnarayanan. - 31 MLAs of JMM-led coalition have criminal cases against them - Soren to take oath as Jharkhand CM tomorrow - Rudy in damage-control mode over Jharkhand remark - Shibu Soren to take oath as Jharkhand CM - Letters: Double standards">Letters: Double standards - Shibu Soren invited to form govt in Jharkhand 65-year-old Soren was administered oath of office and secrecy by the Governor at the Morabadi ground here. BJP Jharkhand unit president Raghubar Das and AJSU chief Sudesh Mahato were sworn in as ministers along with Soren. Soren had staked claim to form the government on December 25 with the support of the BJP-JD(U) combine, AJSU and Jharkhand Janadhikar Manch (JJM) having a total of 44 MLAs in the 81-member Assembly and was invited by the Governor the next day to form the government. He has been asked to prove majority on the floor of the House by January 8.


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