INTERNATIONAL Global economy heading back to recession: WB Washington: The World Bank has warned that after the "exceptionally slow growth" in the last two years, there is significant risk that the world could slip back into recession.
NATIONAL PM takes exception to violation of PSU guidelines New Delhi: Taking a tough stance against instances of non-compliance of rules by PSUs (Public Sector Undertakings), in matters like appointments, Prime Minister Atal Behari Vajpayee has asked his Cabinet colleagues to strictly follow guidelines and rules.
Reliance waiting for govt policy to bid for HPCL New Delhi: Reliance Industries Limited (RIL) on December 13 said it was waiting for the government to announce its policy on privatisation of Hindustan Petroleum Corporation Ltd (HPCL) before deciding on bidding for the state-run refining company.
HPCL leads smart rally to push SENSEX up Mumbai: Led by Hindustan Petroleum Corporation Ltd (HPCL), select heavyweight counters rallied smartly aiding the SENSEX to extend its gains to fourth straight session on the Bombay Stock Exchange (BSE) on December 13 on fresh buying prompted by hopes of early decision on HPCL sell-off and exit polls predicting victory for Bharatiya Janata Party (BJP) in Gujarat.
India to appeal against WTO's bed-linen ruling New Delhi: India is likely to appeal against the ruling of a World Trade Organisation (WTO) compliance panel, which concluded that the European Union (EU) had complied with an earlier WTO ruling regarding its anti-dumping measures against Indian imports of cotton bed linen.
Boeing keen to clinch deals from Indian Airlines New Delhi: United States (US) aircraft manufacturer Boeing on December 13 said it would concentrate on clinching the Air India (AI) deal of 17 aircraft and was willing to have a dialogue with the government on the Indian Airlines' proposal to acquire 43 aircraft.
B'lore to host construction industry expo from Dec 15 Bangalore: The Confederation of Indian (CII) along with the government of Karnataka will organise an international exhibition cum conference on “construction equipment and construction technologies”, according to CII chairman M Lakshminarayan.
Equities firm on prospects of BJP's win in Guj Mumbai: The SENSEX opened on a firm note and later moved up further at early stages on the Bombay Stock Exchange (BSE) on December 13 on buying prompted by the clearance of privatisation of Engineers India Ltd (EIL) coupled with prediction of victory of Bharatiya Janata Party (BJP) in Gujarat.
No bidders of AI, IA in current scene: Hussain New Delhi: Civil Aviation Minister Shahnawaz Hussain has said he is "totally in favour" of disinvesting the Air India (AI) and the Indian Airlines (IA) but asserted there are no buyers for them in the present depressed global aviation market
