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INTERNATIONAL
Vajpayee's invite to Musharraf peps up Pak stocks
Karachi: Pakistani stocks climbed one per cent on Thursday after Indian Prime Minister Atal Behari Vajpayee invited Pakistani military ruler General Pervez Musharraf to New Delhi for peace talks, market sources said.
EU agrees to Aug 14 deadline on WTO ruling
Brussels: There's good news for Indian exporters, with the European Union (EU) agreeing to an August 14 deadline to implement a World Trade Organisation (WTO) ruling on anti-dumping duties on Indian cotton bed linen imports.
NATIONAL
GSA received undue favours from sacked AI MD
New Delhi: The government on Thursday said inquiries had revealed a 'curious coincidence' that sacked Air India Managing Director Michael Mascarenhas was in crucial posts in 1992-93 and 1997-98 when the Productivity Linked Incentive (PLI) was changed to show 'unwarranted generousity' of several millions of rupees to the GSA Welcome Travels, London.
Heavy foreign fund buying pushes up sensex
Mumbai: Share prices on the Bombay Stock Exchange (BSE) closed 0.2 per cent higher on Thursday on heavy buying by foreign funds in select information technology and media stocks, brokers said.
'Welcome victim of power play in Air India'
London: The head of a London travel agency named in connection with the suspension of Air-India managing director Michael Mascarenhas says his company is the victim of power play within the airline.
CVC urges need to abolish Banking Secrecy Act
Mangalore: Any business including banking sector could develop only when it focuses on vision, values, leadership and social responsibility, N Vittal, Central Vigilance Commissioner (CVC) said on Thursday.
Special offers on loans, credit cards from Apnaloan
New Delhi: Apnaloan.com, an online vendor neutral marketplace for loans and credit cards, has teamed up with Shoppers Stop and Foodworld to provide special offers on home loans, computer loans and credit cards across their outlets. Apnaloan will make these offers available to customers at Shoppers Stop outlets at Delhi, Bangalore and Chennai and 37 Foodworld outlets at Bangalore, Chennai and Hyderabad.
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