- May 20 2013, 2325
China, sitting on $3.2 trillion foreign exchange reserves, has offered to help India in its infrastructure development, particularly in energy, railways, ports and telecommunications, besides manufacturing.
- May 17 2013, 2320
Undeterred by India’s pitching for a rating upgrade, global credit rating agency Standard and Poor’s on Friday reaffirmed its long-term negative outlook, a notch above junk, and warned that it may lower the rating if reforms slow down.
- May 16 2013, 2345
State-owned steel companies Steel Authority of India (SAIL) and the Visakhapatnam based Rashtriya Ispat Nigam (RINL) got the go-ahead on Thursday to directly charter ships and import coking coal for
- May 15 2013, 2254
Inflation-indexed bonds proposed in this year’s budget will be launched on June 4. One of the objectives of the bonds is to provide an alternative financial instrument
- May 14 2013, 2251
Inflation dropped below 5 per cent in April and came into RBI’s professed comfort range for the first time in over three years. This raised hopes of more rate
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