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Headlines Now
INTERNATIONAL
US proposal of grants for loans not feasible: ADB
Manila: A US proposal for multilateral institutions to extend more aid in the form of grants rather than loans to poor nations may not be feasible in Asia, the head of the Asian Development Bank warned on April 18.

NATIONAL
EEPC targets $ 323 bn sub-contracting market of EU
Kolkata: Engineering Export Promotion Council (EEPC) on April 23 said it would target the growing sub-contracting market in the European Union (EU) countries estimated to be worth $ 323 billion.

Govt to set up new unit to tackle economic fraud
New Delhi: Government will shortly set up a Financial Intelligence Unit (FIU) to tackle economic offences while stepping up efforts to catch tax evaders and double the tax base to 5.0 crore assessees by 2005.

SENSEX opens on negative territory on April 23
Mumbai: The SENSEX opened subdued and later showed extremely narrow movements in line with lack lustre activity at early stages on the Bombay Stock Exchange (BSE) on April 23 on alternate bouts of buying and selling by operators.

National Human Development report presented to PM
New Delhi: The country's first National Human Development report was submitted to Prime Minister Atal Behari Vajpayee on April 23 by Planning Commission Deputy Chairman K C Pant.