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The Chief Minister of India's most populous state, Uttar Pradesh, returned to the capital, Lucknow, last Thursday after a whirlwind tour of the United States and Europe.

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Late Extra: Double disaster near for investors in India

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India's Finance Minister Jaswant Singh has begun working on the budget for the next financial year.

Fate of returning Indians hanging in the balance

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Late Extra: NRIs need to review their financial plans

Late Extra: Scrutinise realty proposals well

Late Extra: Indian firms target Iraq with NRI tie-ups in Gulf

The move to bring housing finance companies under the purview of the Securitisation Act will certainly bring cheer to the lenders. Empowered to foreclose on defaulters and seize their properties, without having to go through time consuming court procedures will allow Indian lenders to get the borrowers in line.

Late Extra: Home-loan defaulters should clear dues fast