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US economy could shrink, recession possible: Bernanke He says Fed would do whatever it takes to keep the crisis from getting worse. IPL pitches TRP battle between Set Max and GECs This summer, the battle is all set to move from the pitch to on air. Govt to set up daily food-monitoring committee The Committee may be headed by the Cabinet or the Agricultural Secretary. Left turn: Yes to Reliance, no to Wal-Mart Indian retail companies can now open shop in Left-ruled states. Videocon all set to say Hello Moto! Videocon might buy out mobile giant Motorola's subsidy. Price of MS software use in India is royalty: IT Dept Microsoft’s estimated tax liability on royalty stands at Rs 700 crore. 1-year jail for Ketan Parekh in 1992 stocks scam Sebi has barred Parekh from dealing in securities till December 2017. Shell out more to fly domestic routes Flying within the country just got a bit more expensive with domestic airliners increasing fuel surcharge. RSS URL: http://www.ibnlive.com/xml/rss/business.xml

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