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US, India pledge to collaborate on combating terrorism

The US has pledged to collaborate with India on developing global approach to combat increasing terror threats and asked international community to take effective steps to eliminate sanctuaries and infrastructure

Withholding tax leeway to help fund inflows

Foreign investors will get the benefit of the lower 5 per cent withholding tax on interest income accrued from next month till May 31, 2015, no matter when the debt

China offers free trade pact, more more market access

Chinese Premier Li Keqiang today offered to initiate talks for a free trade agreement with India and said the world's second biggest economy was willing to give more market access

Steel Minister not satisfied with SAIL's performance

Dissatisfied with the performance of SAIL, Steel Minister Beni Prasad Verma today asked the PSU to complete the expansion of projects within a short period of time so as to

India issues clarification on withholding tax benefits for foreign investors

Foreign investors will be eligible to benefit from lower withholding taxes for interest income accrued between June 1, 2013 and May 31, 2015 regardless of when the debt was bought,

India's trade deficit with China set to grow

Notwithstanding steps announced by India and China to reduce their trade deficit during Premier Li Keqiang's ongoing visit, Chinese analysts believe the imbalance is likely to keep growing in the

CCI starts probe into alleged cartelisation in petrol prices

Fair trade regulator Competition Commission has started investigation into alleged cartelisation by oil marketing companies in fixing petrol prices.
The Director General the investigation arm of the Competition Commission

Barclays lowers India growth forecast to 6% for FY14

Brokerage firm Barclays Capital today lowered India's growth forecast to 6 per cent for 2013-14 from earlier projection of 6. 2 per cent citing "recent disappointments" in economic

Vodafone India's FY13 adjusted operating profit at Rs 1,853cr

Vodafone India, the country's second largest mobile operator, today said its adjusted operating profits rose by more than three-fold to GBP 221 million (about Rs 1,853 crore) for the year

Qatar National Bank to start India operations in expansion push

Qatar National Bank, one of the most acquisitive Gulf Arab lenders, will start operations in India in the third quarter of this year, the bank said on Tuesday, expanding its

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  • A town in Northern Iran known for high radiation levels has given its name to a global treaty on wetlands.

  • National pharmaceutical policy to be out soon
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    The controversial National Pharmaceutical Policy may finally see the light of the day with the health ministry and chemicals ministry sorting out differences over some proposals in the policy.

  • India, Pak agree to inspect water projects
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    India and Pakistan have agreed to allow their experts to inspect two major water projects in the Kashmir region,

  • WTO deal still elusive
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    The WTO has finally created unity among its 152 members — but unfortunately for head Pascal Lamy, the only thing all states agree on is that the prospect of a new trade deal is still far away.

  • Foreign shippers seek level-playing field
    0206SHIP.jpg

    Foreign ship owners have asked the directorate general of shipping for a level-playing field and a “rethink” on its latest order banning overseas vessels, which are over 25 years old

  • Plea to extend crop insurance

    Andhra wants cut-off date for crop insurance of non-loanee farmers to be extended to September.

  • Healthcare needs Rs 3,70,000cr

    India will need investments of Rs 3,70,000 crore for healthcare facilities, a study said.

  • Sugar price may go up

    Sugar prices may rise to an unreasonable level if the sale of buffer stock quantum is kept voluntary.

  • NMCE starts new series in metals

    NMCE will start new series for future contracts in non-ferrous metals from August 1.

  • Do call register

    The Supreme Court has suggested introduction of a new ‘do call register’ facility to curb the telemarketing menace.


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Goldman Sachs

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