Two Indian women had made it to Forbes list of 100 most powerful women with US first lady with Michelle Obama at the top.

India-born PepsiCo Indira Nooyi in sixth place.Axis bank chief executive Shikha Sharma, ranked 89th.ICICI bank chief executive Chanda Kocchar was in the 92nd

place.

The wholesale price index for food articles declined by 0.1% from the previous week.

Heavy rainfall in North India till late sept. had caused disruption in supply of fruits & vegetables .

Transportation cost has gone up adding to price rise due to demand- supply gap.

Non- Banking Finance Companies (NBFCs) tell they are more competent to float a bank compared to a corporate houses As, they are already familiar with business of lending and RBI regulations.

This issue was raised when RBI is to issue new –banking license.

NBFCs have presence in semi-urban area & they are better candidates.

RBI is keen on giving new banking license to those who are willing to provide banking services in non banking area.

Blackberry May Face Ban If No Solution In 5 Days

RIM says it has no "master key" to unlock encryption codes of clients which are set at the user level and argues the issue is an industry-wide concern.

The government made it clear on 26th that Blackberry services may be banned if its maker fails to give any solution.

India's e-commerce growth to pick up with 3G: eBay

Buying and selling of products over electronic systems such as the Internet are growing manifold (as per eBay's President and CEO John Donahoe)

In India, at present, the e-commerce business is growing at 30 per cent and eBay itself is growing at 60 per cent. Ebay has about 2.5 million users in India.

Contd.Moreover, he added that e-Commerce

sites like eBay are not only a platform to buy and sell products but also help the economy by creating direct and indirect jobs.

About 12,800 sellers use eBay India as a primary or secondary source of income