Rating agencies think repealing the archaic law would help attain greater transparency and efficiency and reduce problems in accessing funds overseas.

In all, Reliance has a stake in 34 exploration blocks in the country.

Bankers made this demand at a meeting with RBI Governor Y V Reddy, ahead of the 2007-8 monetary policy announcement on April 24.

A state-funded university, it may pump in money into the stock market through its corpus fund of over Rs 100 crore.

An empowered group of ministers had effected on April 5 major changes in SEZ rules, also setting the 5,000 hectare cap.

The London-based Economist Intelligence Unit (EIU) said Wednesday that Lebanon's economy may experience some growth this year thanks to the massive economic and financial packages pledged by the donor states. But the prestigious research center did not conceal its fear

The American private sector fund established after the war to stimulate Lebanon's economic recovery encouraged the government to accelerate the deployment of broadband Internet access on Wednesday, after completing online connectivity pilot programs in five Lebanese communities.

Downtown merchants will petition the Interior Ministry next week to remove the opposition's tents, in a step preceding the traders' lawsuit for compensation from the state. Business owners are holding out little hope that the government will evict the opposition

South Korean officials arrived in Pyongyang on Wednesday for talks on economic co-operation in spite of confusion over the North's closing of its Yongbyon nuclear reactor.

The US acquisition comes barely three days after Essar Global announced its acquisition Canadian firm Algoma Steel for $1.58 billion (Rs 6,900 crore).

How India's curry powder major Eastern Group has used state of the art technology to emerge as the largest producer of the various varieties of spice powders.

Gold has risen from Rs 9,290 on March 5 to Rs 9,530 by mid-April, a rise of 4% while copper rose from Rs 268 on March 2 to Rs 330 by mid-April, a jump of 25%.

The United States, which has always claimed that India's wheat import norms are too stringent, has once again asked the Indian government to relax these norms.

With domestic prices of cotton ruling high, importers have found good parity for buying cotton from abroad and the consignments are expected to land on Indian shores very soon.

That aroma and taste of Basmati will cost you more now. Faced with an increase in crop rates and shortage of supply, the country's major Basmati rice producers have increased the prices of the commodity by an average 10 per

India's apex commodities market regulator the Forward Market Commission (FMC) says there is no plan now to ban futures trading in any other commodity.

Indian traders have booked more than 30,000 tonne of wheat from the neighbouring Pakistan.

On April 5, the Empowered Group of Ministers put a cap on size for SEZ to 5,000 hectares after land acquisition in Nandigram, West Bengal turned violent killing 14 persons in police firing.

Tokyo, Japan, Apr 17, 2007 - (JCN Newswire) - CirclePoint Asset Management LLC is pleased to announce the establishment of its New York based asset management business. CirclePoint will be a manager of Collateralized Debt Obligations ("CDO") initially focusing on

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