Pawan Bali
India-Asean FTA may be sealed today
A Free Trade Agreement between India and Asean covering investment and services has reached the last leg of negotiations, and is likely be formalised Wednesday.
No MNC rush likely yet
Companies, including American supermarket chain Walmart, UK’s Tesco, French chain Carrefour and Germany’s Metro, which already have some presence in India, are expected to move to open retail stores in India after FDI in multi-brand retail crossed its final hurdle, the Rajya Sabha.
Hackers deface Sibal website in IT Act protest
Hacktivists “Anonymo-us” has claimed it has hacked the personal website of Union minister Kapil Sibal in protest against the IT Act.
Hackers deface Sibal’s personal website
Hacktivists “Anonymous” has claimed that it hacked and defaced the personal website of Union communications and information technology minister Kapil Sibal in protest against Information Technology Ac
OVL to buy 8.4% stake in Kazakh field
ONGC’s overseas arm, ONGC Videsh Ltd, on Monday agreed to buy US energy major ConocoPhillips’ 8.4 per cent stake in Kazakhstan’s Kasha-gan oil fields for around $5 billion. It will be the biggest acquisition by an Indian company this year and will rank as the sixth largest in the country’s history.
2G auction a flop, no bids for many circles
The 2G spectrum auction’s first day saw a tepid response from telecom firms, with no bids for the Delhi, Mumbai, Karnataka and Rajasthan circles. There was no bid for pan-India spectrum.
2G auction a flop, no bids for many circles
The 2G spectrum auction’s first day saw a tepid response from telecom firms, with no bids for the Delhi, Mumbai, Karnataka and Rajasthan circles. There was no bid for pan-India spectrum.
2G auction a flop, no bids for many circles
The 2G spectrum auction’s first day saw a tepid response from telecom firms, with no bids for the Delhi, Mumbai, Karnataka and Rajasthan circles. There was no bid for pan-India spectrum.
Infra sector grows by 5.1% in Sept.
The country’s infrastructure sector output grew to a seven-month high at 5.1 per cent in September due to double-digit growth in the production of coal, petroleum refinery products and cement.
PC acts on Kelkar’s advice, adopts 5-yr deficit cut plan
To avoid any credit rating downgrade, finance minister P. Chidambaram on Monday unveiled a five-year fiscal consolidation plan to rein in the fiscal deficit to 5.3 per cent this year. The government also accepted most recommendations of the Kelkar Committee report on a fiscal consolidation roadmap.
