INTERNATIONAL 'Rich nations have failed to open up their markets' London: Commonwealth Secretary General Don McKinnon on January 24 cautioned that prospects of a fair and principled round of trade negotiations were "fast fading" due to failure of developed countries in delivering on their promise to provide market access to developing countries.
NATIONAL Emerson to set up new engineering centre in Pune
New Delhi: Emerson announced it will establish a new engineering centre in Pune for product design and software development to meet growing customer demand in India and throughout Asia, a press release said.
India to repay ADB, WB loans ahead of schedule
New Delhi: Government on January 27 decided for the first time to repay ahead of schedule this year two major ADB (Asian Development Bank) and World Bank foreign currency loans totalling $ 2.8 billion in the face of comfortable foreign exchange reserves, now at over $ 72 billion.
BSE: War fears, edgy operators push SENSEX down
Mumbai: Fears over a possible Gulf war drove the SENSEX sharply down by 40.15 points to close at 3247.71 at the Stock Exchange in Mumbai on January 27, as nervous operators resorted to heavy selling ahead of the release of a key UN weapons report.
Yeh dil mange more: Cola firm launches 'Pepsi Blue'
Chennai: Cola major PepsiCo has cashed in on the World Cup cricket fever by launching 'Pepsi Blue',taking the cue from the colour of the overalls worn by Indian cricketers.
Naik to visit Tehran to discuss Iran's LNG offer New Delhi: Petroleum Minister Ram Naik is likely to visit Tehran later this year to discuss Iran's offer to sell 2.5 million tonnes of liquefied natural gas (LNG) to India.
Govt to retain HPCL veto power through special pact New Delhi: The government will retain veto powers in crucial decisions even after the privatisation of oil refiner Hindustan Petroleum Corporation Ltd (HPCL) through special clauses in the sale agreement.
Oil sector workers threaten stir on divestment New Delhi: Oil sector trade unions on January 27 threatened to go on an indefinite strike from the day government notified a schedule for privatising public sector Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL).
SENSEX falls on sustained selling by foreign fund Mumbai: The SENSEX opened moderately lower and later dropped sharply at early stages in line with fresh slide in heavy weighted stocks on the Bombay Stock Exchange (BSE) on January 27 on sustained selling by foreign as well as domestic funds.
Infosys FDI among 50 cleared by government New Delhi: Indian Information Technology (IT) major Infosys Technologies' proposal to increase its American Depository Shares from 3.5 per cent to between 6.27 and 7.78 per cent was amongst 50 foreign direct investment (FDI) proposals worth Rs 2,229 crore approved by the government on January 27.
