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INTERNATIONAL
Debt ridden Pak seeks interest free financial system
Islamabad: Faced with a standing liability of $ 28 billion in internal debts and $ 37 million in foreign loans, Pakistan is desperately looking for ways to ensure implementation of a "riba" (interest)-free financial system from July 1.
NATIONAL
India poised to become regional Healthcare hub
New Delhi: India is poised to evolve into a regional healthcare hub with the Indian companies creating new investments within the country and outside besides tapping the potential of attracting foreign patients, the Confederation of Indian Industry (CII) says.
Indian businessmen invest $60 mn in UAE Free Zone
Hyderabad: Indian entrepreneurs have invested about 60 million US Dollars in Fujairah Free Zone of the United Arab Emirates (UAE) since 1996, Fujairah Free Zone Authority (FFZA) Director General Sherif Al Awadhi said on Tuesday.
Indian experts to address soybean need in France
Paris: A team of major soybean product producers from India arrives in Paris on Tuesday, eager to take advantage of the current food safety crisis in Europe that has fuelled demand for vegetarian animal feed.
Ban on forward trading lifts BSE mood
Mumbai: Share prices on the Bombay Stock Exchange (BSE) closed marginally higher on Tuesday as foreign funds reacted favourably to a ban on carry forward trades, brokers said.
Malaysian firm Petronas eager to invest in India
Kuala Lumpur: Indian Prime Minister Atal Behari Vajpayee toured the world's tallest buildings, the Petronas Twin Towers, on the third day of his Malaysia visit on Tuesday and got a sales pitch from the owners.
NTPC invites global tenders to erect Sipath project
New Delhi: The state-owned National Thermal Power Corporation (NTPC) will be inviting global bids for the supply of equipment and erection of stage one of the three-stage 1,980 MW Sipath power project at Bilaspur in Chattisgarh.
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