NATIONAL GRSE to trim workforce; increase outsourcing After successfully launching two voluntary retirement schemes, Garden Reach Shipbuilders and Engineers Ltd (GRSE), Eastern India's largest shipbuilding company, is planning to pare the workforce from 6,800 to 5,500 and increase outsourcing and designing work to optimise facility utilisation.
Jaswant Singh promises to lower taxes, tariffs Promising to lower taxes and tariffs as part of economic reforms, Finance Minister Jaswant Singh today (April 3, 2004) rubbished Opposition criticism over the high growth figures and said the Government will revise upwards the annual GDP (gross domestic product) growth rate beyond 8.1 per cent for 2003-04.
INTERNATIONAL Negotiate Indian trade-barriers, Democrats ask Bush A group of Democrats have urged President George W Bush to negotiate trade barriers and subsidies with five key economic partners, including India.
