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Home -> Finance -> News

NATIONAL
BHEL: Deadlock continues after Left-Sonia meet
Deadlock continued over the vexed issue of BHEL disinvestment after the second round of talks between the Left Leaders and UPA (United Progressive Alliance) Chairperson Sonia Gandhi but both sides stressed that an "amicable" solution would be found.

INTERNATIONAL
Scorpene deal: France to absorb impact of inflation
In a significant gesture, France today (July 10, 2005) offered to absorb the increase in costs due to inflation in the much delayed multi-billion deal to make Scorpene submarine in India.

Growth 'elephants' China, India drives prosperity
China and India, with combined populations of 2.3 billion, are the growth elephants' driving world growth and they will lead a drive towards prosperity for decades to come, contributors to a Madrid forum on the world economy said this week.