NATIONAL India to import additional quantities of LPG: Aiyar India will begin importing additional quantities of LPG this week to tide over the shortage in domestic production created mostly by closure of a unit at Reliance Industries Jamnagar refinery.
FM defends globalisation, India cannot be insulated India should try to reap the benefits of globalisation, as the country cannot be 'insulated' from the rest of the world, Finance Minister P Chidambaram said today (Oct 90, 2005).
'India economic growth in Q2 may be as good as Q1' India's economic performance in the second quarter will be 'as good as' the first quarter's 8.1 per cent growth and the economy was showing the 'enormous resilience' despite the natural calamities, Union Finance Minister P Chidambaram has said.
MTNL, BSNL head for crisis, to withdraw officers Telecom services across the country could suffer with the Department of Telecom set to withdraw over 2,200 top technical officers working in MTNL and BSNL and put them in a surplus cell as the proposal for officers' absorption in the two PSUs has hit a roadblock.
FIIs record net sales in equities at Rs 248.09 cr Foreign Institutional Investors (FIIs) recorded net sales in equities at Rs 248.09 crore (USD 56 million) for the trading week-ended October seven while mutual funds (MFs) were also purchasers at Rs 37.66 crore.
Kamal Nath to attend Zurich WTO mini-ministerial Trade ministers from 15 countries including India will meet tomorrow (Oct 10, 2005) in Zurich to break the impasse in multilateral trade negotiations in the crucial area of agriculture and take stock of what is possible to achieve at the Hong Kong WTO ministerial in December.
FM promises stable tax rates in Union Budget '07 Ahead of the discussions for Union Budget for 2006-07 from next month, Union Finance Minister P Chidambaram has promised stable economic environment and tax rates and asked corporates to utilise the favourable climate to increase India's share of world trade.
