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INTERNATIONAL
FDI is Asia's answer to globalisation: ADB
Tokyo: Developing countries in the Asia-Pacific region must open up to greater foreign direct investment (FDI) in all sectors to overcome the challenges posed by globalisation, the Asian Development Bank (ADB) has said.
NATIONAL
Norway invests $ 1 bn in J &K power project
New Delhi: Violence in Jammu and Kashmir has not deterred Norway from investing in a $1 billion, 600 MW hydroelectric power project on the Chenab river at Sawalkote, about 160 km north of Jammu.
Sterlite bailed out BSE in payment crisis?
Mumbai: The Bombay Stock Exchange (BSE) is verifying the sensational claim made by the Sterlite Industries Limited that the company has made purchases of 6,00,000 shares at the behest of BSE to solve the major payment crisis on the BSE in 1998.
'Discreet blind eye needed to pursue reforms'
New Delhi: Sometimes there is a need to turn a Nelson's eye in the interest of pursuing economic reforms, feels Disinvestments Minister Arun Shourie.
Lean days foreseen for Asian electronic exports
Singapore: Asia's all-important electronic exports, already reeling from a global slump, have received a grim report from industry analysts who say conditions have yet to hit rock bottom.
SEBI cracks whip to set bourses right
New Delhi: As stock markets across the country continued to reel under the damage wrecked by the recent stock scam, the Securities and Exchange Board of India (SEBI) began what could, perhaps, mark the beginning of an unusual get-tough approach to set the functioning of the nation's bourses right.
India, Canada to better business prospects
Quebec City: Canada's re-engagement with India will pave the way for the resumption of ministerial level visits and increased trade, according to Canada's Secretary of State for Asia Pacific, Rey Pagtakhan.
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