Indo-China bilateral trade reaches record $ 3.6 bn Beijing: Despite the global economic slowdown, India-China bilateral trade set a new record last year with trade volume reaching $ 3.6 billion, latest statistics show.
NATIONAL
EU on collision course with US on steel tariffs Brussels: European Union on March 6 threatened to drag the US to World Trade Organisation dispute settlement panel against Bush administration's decision to impose tariffs to the tune of 30 per cent on steel imports.
SEBI directive on dividend pulls down SENSEX Mumbai: After a promising start, equities turned weak ending with widespread losses leading to a marked fall in the SENSEX in an otherwise mixed pattern of trading on the Bombay Stock Exchange (BSE) on March 6 in the wake of late selling pressure from speculators as well as domestic funds.
New EXIM policy to usher in transparency Kolkata: The Export-Import (EXIM) Policy for 2002-7, to be announced on March 31, would be aimed at bringing more transparency and simplification of procedures to enable exporters increase the country's share in global market, Union Commerce and Industry Minister Murasoli Maran said on March 6.
Export growth may touch revised target: Maran Kolkata: The export growth for 2001-2 may touch the revised target of three per cent if the upswing witnessed during January continued for the rest of the year, the Union Commerce Minister, Murasoli Maran said on March 6.
PDS prices to be cut, allocation to be increased New Delhi: For giving a big push to the lifting of grains under the Public Distribution System (PDS), government will increase the allocation per family and reduce the prices for both below and above the poverty line families (APL and BPL).
SEBI disallows cos' interim dividend plans New Delhi: Securities and Exchange Board of India on March 6directed the stock exchanges not to relax norms and allow companies to declare interim dividend before the stipulated period, a measure companies are adopting to avoid tax liability of next fiscal.
SENSEX fluctuates in narrow range in mixed trade Mumbai: The SENSEX once again opened moderately up but witnessed extremely narrow
movements in keeping with a mixed trend at early stages on the Bombay Stock Exchange (BSE) on March 6 on alternate bouts of buying and selling.
