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Home -> Finance -> News

NATIONAL
FM for remodelling agriculture for high growth
In a bid to boost growth in the farm sector to ensure sustained economic development, Finance Minister P Chidambaram has favoured 'remodelling' of the agriculture sector in the next three to six months. "In three-six months, we must find a way to remodel agriculture", Chidambaram said after giving away the India Business Leader Award here last night (Oct 01, 2005).

FIIs record net purchases in equities at Rs 76 cr
Foreign Institutional Investors (FIIs) recorded net purchases in equities at Rs 76 crore (USD 17.40 million) for the trading week-ended September 30 while mutual funds (MFs) were also net purchasers at Rs 564.95 crore.

7.3 pc GDP growth likely; Oil to impact inflation
Buoyed by industrial, services and agriculture performance, economy is likely to grow by 7.3 per cent in 2005-06 while high crude oil prices may put pressure on inflation rate.

INTERNATIONAL
Crucial talks begin on Tata investment in Bangladesh
Gas security and electricity purchase tariff for Tata group are among issues to be discussed in the crucial final round of talks beginning today (Oct 2, 2005) between the conglomerate and Bangladesh Government on it's proposed US$ 2.5 billion investment in the country, officials said.