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Home -> Finance -> News

NATIONAL
Economy on the path of growth: Finance Minister
Charging the previous NDA government with fiscal extravagance, Finance Minister P Chidambaram today (Mar 13 2006) said the UPA government has retrieved the lost ground and promised to keep tax rates "moderate and stable" to keep up the investment boom.

Government to maximise gains from Balco stake sale
The government today (Mar 13 2006) said it will sell its remaining stake in Bharat Aluminium Company at a price higher than fair value and unit sale price to maxamise the returns.

Sensex sets new peak of 10,880.44 in early trade
The Bombay Stock Exchange Benchmark 30-share Index (Sensex) moved up and spurted sharply to another record high of 10,880.44 during morning trading on sustained and high liquidity, despite concerns over likely pressure in the middle of this month.

Delhi-Dhaka likely to sign trade, investment pacts
India and Bangladesh are likely to sign three agreements on trade, investment protection and avoidance of double taxation during Bangladeshi Prime Minister Begum Khaleda Zia's three-day state visit to this country from March 20.

INTERNATIONAL
Indo-Russia trade can reach $8-10 bn in five years
Ahead of Russian Prime Minister Mikhail Fradkov's visit to India which will focus on enhancing economic cooperation between the two countries, Moscow today (Mar 13 2006) said bilateral trade can increase up to 8-10 billion dollars in the next five years.