KM Birla allegedly played an active role by tapping his political and bureaucratic channels for allocation of Talabira-II coal block , a special court said.
Flow of foreign tourists to the country is on the rise despite the spread of swine flu.
Government allowed seven public sector banks (PSBs) to tap markets for raising capital needed for expansion and capital adequacy.
Finance Minister Arun Jaitley today asked heads of public sector lenders to take commercial decisions without fear or favour.
Moody's on Wednesday retained its stable outlook on the sovereign rating at Baa3, citing the country's large and diversified economy .
IMF said lenders in India are rather quicker in responding to the Central Bank's monetary tightening measures.
Terming Indian economy a "bright spot" on the global economic landscape, IMF on Wednesday raised its growth forecast for the current fiscal to 7.2%.
Gold prices recovered marginally by Rs 20 to Rs 26,450 per 10 grams at the bullion market.
Government is contemplating a host of measures to push stalled projects and deal with the problem of rising non-performing assets (NPAs) of banking sector.