Banking and Finance
Sinha for global banking reforms
NEW DELHI : The Finance Minister, Mr Yashwant Sinha, has made out a strong case for undertaking major reforms in the global banking arena to check cross-border fund transfers by terrorists.

Economy
Overseas investment opportunities -- India ranking moves up in Japan survey
THE on-going efforts of the Centre to further liberalise foreign direct investment (FDI) policies and simplify the procedures have started paying off. Or, at least, so it appears, if the perceptions of the Japanese corporates - known the world over for t heir cool, calculative and collective, though time-consuming process of decision-making - are any indications to go by.

Assocham presses for labour reforms
NEW DELHI: The Associated Chambers of Commerce and Industry of India (Assocham) said on Wednesday that the Cabinet Committee on Economic Reforms should give top priority to labour law reforms to bring about more competitiveness to the domestic industry.

Foreign Trade


Indo-US panel on trade in services mooted
THE final report of the Indo-US Knowledge Trade Initiative (KTI) has recommended that the US and India establish a bilateral working group on trade in services to strengthen cooperation and evolve joint positions in the WTO negotiations on services.

Wisner calls on Maran
A BUSINESS delegation from the United States has sought closer trade and investment cooperation with India, particularly in the areas of knowledge-based industries.

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