INTERNATIONAL
'East Asian economies growing faster than expected' Manila: East Asian economies are moving from last year's sharp and synchronised slowdown to a faster-than-expected but moderate rebound, the Asian Development Bank (ADB) said on April 1.
NATIONAL OBUs in SEZs won’t be tax havens: Maran New Delhi: Commerce Minister Murasoli Maran on April 1 said that Overseas Banking Units (OBUs) in Special Economic Zones (SEZs), allowed to be set up under the new Exim policy, will not be tax havens and any suggestion to that effect is "totally wrong and completely baseless".
B’lore BEML posts Rs 1,421 cr turnover Bangalore: Public sector engineering giant Bharat Earth Movers Limited (BEML) has posted a record sales turnover of Rs 1,421 crore for the fiscal 2001-02, showing a growth of about 5.5 per cent over the previous year.
SENSEX gains 30.8 pts as PSU scrips rally at BSE Mumbai: A sharp rally in shares of public sector undertakings (PSUs) aided the depressed SENSEX to score impressive gains at close in an otherwise lacklustre activity on the Bombay Stock Exchange (BSE) on April 1 following hectic buying support by foreign institutional investors (FIIs).
Sinha moots consolidation of pvt sector banks Mumbai: The Centre on April 1 said it preferred consolidation of private sector banks over the state-owned ones to emerge as strong entities instead of "functioning on a regional or communal basis'.
