NATIONAL IMF likely to raise India's growth forecast for 2004
New Delhi: After World Bank and ADB (Asian Development Bank), the International Monetary Fund (IMF) is likely to revise upwards India's economic growth projections along with the global economic forecast for 2004.
RBI permits foreign Cos to set up branch offices
Mumbai: Foreign companies have been permitted by Reserve Bank of India (RBI) to establish branch offices or units in Special Economic Zones (SEZs) to undertake manufacturing and service activities subject to fulfilling certain conditions.
Lamy-Jaitley meeting to propel stalled WTO talks
New Delhi: The stalled WTO (World Trade Organisation) talks are likely move a step forward when European Trade Commissioner Pascal Lamy holds parleys with Commerce Minister Arun Jaitley in New Delhi tomorrow (Jan 19, 2004).
GE, Bechtel offer DPC plant for USD 380 mn
Mumbai: US multinationals GE and Bechtel have made a final offer of their 10 per cent stake each along with Enron's 65 per cent in Dabhol Power Company (DPC) to interested parties like Tata Power Company and Reliance Energy for $ 380 million.
