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Headlines Now
INTERNATIONAL
India, China agree to establish JWG on steel
Beijing: India and China have agreed to establish a joint working group (JWG) on steel to boost bilateral co-operation in this key sector, Minister for Steel Braja Kishore Tripathy said on May 22.

NATIONAL
Govt nod to Reliance, ONGC for retail oil marketing
New Delhi: Government has approved four proposals for retail marketing of petrol and diesel, including those of Reliance, Essar and Oil and Natural Gas Corporation (ONGC).

Govt rejects Coke's plea for divestment waiver
New Delhi: In a major setback to the multinational soft drinks company Coca Cola, government has rejected its plea for waiver of mandatory disinvestment of upto 49 per cent equity in Indian operations made on the ground of adverse market conditions and company's accumulated losses.

WTO heeds to Indian request, sets up new panel
New Delhi: World Trade Organisation’s (WTO) Dispute Settlement Body (DSB) has set up a "compliance panel" on India's request against European Union's (EU) decision to review anti-dumping duties on Indian bed linen.

Minister rules out privatisation of Coal India Ltd
Indore: Union Minister of State for Coal and Mines Ravishankar Prasad has ruled out privatisation of the public sector Coal India Limited (CIL) but said private investment would be allowed in core sector to improve production.

Centre blamed for erosion of investors' confidence
New Delhi: Congress on May 24 painted a gloomy picture of the country's economy and squarely blamed the Bharatiya Janata Party (BJP)-led government at the Centre for erosion of the confidence of both domestic and foreign investors, the grim employment scenario and poor industrial and export performance.