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Major victory for India, others in WTO
NEW DELHI, JAN. 17.In a major trade victory for India and several other countries, the World Trade Organisation (WTO) has held as violation of global trade rules a controversial U.S. law allowing American companies to collect more than $470 ...
London gold at 6-year high
LONDON, JAN. 17.Gold climbed to its highest since March 1997 on Friday as nervous investors digested the discovery of a cache of empty chemical warheads in Iraq. Gold was quoted at $357.75/8.50 an ounce at morning trade, up $4 from the end of ...
All-time high in Mumbai
MUMBAI, JAN. 17. The fear of war between Iraq and the U.S. continued to influence the bullion market here today as gold prices zoomed to touch an all-time high of Rs. 5,760 per ten grams, surpassing the previous high of Rs. 5730 recorded on ...
ACC Q3 net up 19 p.c.
Associated Cement Companies has posted a 19.37 per cent rise in its net profit at Rs. 20.21 crores in the third quarter ended December 31, 2002, against Rs. 16.93 crores in the same period of the previous year. However, net sales or income from ...
Other Stories

  • SAIL finalises strategy to break-even in 2003-04
  • Modest rise in Wipro's Q3 PAT
  • Reliance Info to make high-speed computing
  • QR lifted on garlic


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    News Analysis
    FINANCIAL SCENE
    Convertibility — wish and reality
    By C. R. L. Narasimhan

    The latest relaxations of exchange control regulations only reinforce the gradualist stance. When it advents capital account convertibility will be for all.

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