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CMIE expects slowdown
MUMBAI, MAY 1. The Centre for Monitoring Indian Economy (CMIE) expects a slowdown in industrial growth to 4.5 per cent during 2003-04 due to delayed adverse impact of drought on rural spending. "We have assumed a below normal rainfall of 96 per ...
IFC to increase exposure in India to $1 b
NEW DELHI, MAY 1.The International Finance Corporation (IFC), the private sector lending arm of the World Bank, today signed a memorandum of understanding with the Confederation of Indian Industry (CII) to promote sustainable private sector ...
BoB, Union Bank to cut PLR, deposit rates
MUMBAI, MAY 1. Taking the cue from the Reserve Bank of India's half-yearly Monetary and Credit Policy, leading public sector banks have decided to work out a single prime lending rate (PLR) and reduce the PLR and the deposit rate by 0.25 ...
Chasms in WTO talks on import tariffs
Although the Doha Round of trade negotiations of the World Trade Organisation has met with no success whatsoever since its launch in November 2001, the stage is now set for yet another battle on an important subject on its agenda. These are the ...
Other Stories

  • IOC plans for new petrol pumps
  • VSP keen on captive ore mine in Orissa
  • Walmart, GAP to make India sourcing hub
  • Centre seeks to end TMB imbroglio
  • Exploit poverty to improve quality — Prahalad



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