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INTERNATIONAL
Indian handicrafts eye lucrative Gulf market
Dubai: India plans a major trade thrust in the Middle East as part of a bid to meet a targeted 25 per cent growth in its worldwide handicraft exports.
IMF asks developed nations to open market
Washington: The International Monetary Fund (IMF) has called upon the industrialised countries to open up their markets to exports from developing countries.
IMF panel hails Montek's appointment as EVO
Washington: The policy-making body of the International Monetary Fund (IMF) has welcomed the appointment of India's Planning Commission member Montek Singh Ahluwalia as director of the Fund's Independent Evaluation Office (EVO).
India opposes WB move on poverty & loan
Washington: India has opposed World Bank (WB) proposal to link the International Development Association (IDA) concessional loans to the submission of Poverty Reduction Strategy Paper (PRSP) by the beneficiaries.
'Rupee depreciation not a cause for concern'
Washington: Finance Minister Yashwant Sinha on Monday asserted that the recent depreciation of the rupee against the US dollar is not a matter of concern and said currencies of some other advanced countries have depreciated much more against the American currency as compared to the Indian rupee.
Indian seafood exporters get orders worth $ 25 mn
Brussels: Indian exporters booked orders worth an estimated $ 25 million during a three-day Brussels international seafood fair.
NATIONAL
Exclusive Tirupati package from Jet Airways
New Delhi: Jet Airways is offering an exclusive summer package to pilgrims travelling to Tirupati for a glimpse of the Hindu god Balaji.
Egypt Air announces weekly flight to Mumbai
Dubai: Egypt Air will start a weekly flight on the Sharjah-Mumbai route every Saturday from May 5 to target the vast non-resident Indian (NRI) community.
VSNL posts 87 per cent rise in annual profit
New Delhi: India's state-run overseas telecom provider Videsh Sanchar Nigam Limited (VSNL), which is slated for privatisation, announced on Monday an 87 per cent rise in net annual profit to Rs 15.8 billion ($ 343 million).
Ampersand Software ties up with Ali Mirza Group
Bangalore: Ampersand Software, a Bangalore based software solutions company, on Monday announced that it had entered the Omani market by establishing an alliance with Ali Mirza Trading and Investment Establishment, Oman.
FDDI first to get ISO 17025 from PFI
New Delhi: The high-tech International Testing Centre laboratory at the Footwear Design and Development Institute (FDDI) at Noida on Monday became the first testing laboratory in India to have received accreditation for ISO 17025 from the world-renowned leather research institute - PFI of Pirmasens, Germany.
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