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INTERNATIONAL
India likely to get $ 2.5 bn from World Bank
Washington: India is likely to secure assistance to the tune of over $ 2.5 billion from the World Bank this year, the highest since it went nuclear in 1998, official sources said on Sunday.
Industrial nations accused of browbeating G-24
Washington: Finance ministers from the Group of 24 (G-24), prominent developing countries including India, have accused industrial nations of practicing protectionism, inhibiting their exports and competitiveness which result in losses worth billions of dollars annually.
Euro cash to have great impact on Euro zone
Paris: Europeans will have to dig out 180 billion Euros ($ 161 billion) from under their mattresses when Euro cash is launched in 2002, said a Paris brokerage, Exane SA.
Prompt reforms could solve Japan's debt crisis
Tokyo: The election of Japan's reformist Prime Minister Junichiro Koizumi offers the country a genuine chance to escape the trap of false debate that has hampered all previous talk of economic reform, analysts say.
NATIONAL
Sinha appraises WB on Indian economic reforms
Washington: Finance Minister Yashwant Sinha has met World Bank President James Wolfensohn and urged Bank funding for India's national and state highway projects, a prerequisite for sustaining the country's current higher growth path.
Low cost WiLL gets official nod
New Delhi: India on Friday gave the green light to low cost mobile services within a limited area, promising to open a new chapter in communications in the vast and impoverished countryside.
Insways tech launches portal on flight schedule
New Delhi: A Noida-based company has launched a portal (my197.com) for an enhanced search facility that could be of immense value to someone who wants to board a flight in emergency.
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