The country's business leaders and trade unions on Monday warned of grave economic consequences if rival politicians failed to set their differences aside. "We [private businesses] pay more than $5 billion in taxes to the government each year and for

China has delayed indefinitely its national "action plan" on climate change after exhaustive consultations among ministries in Beijing and provincial and local governments.

The Reserve Bank of India is expected to predict another year of rapid growth, but also to signal its determination to stamp out signs of overheating.

India added the highest ever number of telecom subscribers of 6.65 crore (66.51 million) in the financial year 2006-07 since the sector was opened up in 1995 for competition.

Sources in the know, however, said the law ministry has given a clean chit to Hutchison, which has sold a direct 52 per cent stake to UK's Vodafone for over $11 billion.

Indian start-ups are likely to experience a fillip as around 40 US venture capitalists and private equity holders have already lined up $400 million to invest in the country.

Together with Barclays-ABN Amro, about a half a dozen foreign banks such as Citigroup, HSBC and Standard Chartered could hire over 50,000 employees in India in the next three years.

The Indian Institute of Management (IIM), Ahmedabad on Monday said it will go ahead with the admission process for the 2007 batch without providing for 27 per cent reservation for OBCs in the wake of the Supreme Court order.

New applicants for Special Economic Zones (SEZ) would have to wait for up to a year before their cases are considered by the Board of Approvals (BoA).

The Indian economy is expected to post a robust growth for the fourth straight year, expanding by an accelerated 9.2 per cent in 2006-07 as against 9 per cent in the previous fiscal.

India becomes the fifth country after United States, Russia, China and France to enter the launch market.

We have a plan that involves speeding up the convertibility process along with a commitment to a market-determined exchange rate.

Television news channel 'Times Now' reports that the Indian Armed Forces is about to become "top heavy" with a general consensus to appoint 150 more generals, admirals and marshals to the three services.

SECRETARY GENERAL OF THE ARAB GULF COOPERATION COUNCIL (GCC) ABDULRAHMAN AL-ATIYYAH SAID SUNDAY THAT THE CONFERENCE DUE TO BE ORGANIZED IN YEMEN ON THE EXPLORATION OF INVESTMENT OPPORTUNITIES IN YEMEN CONSTITUTES AN IMPORTANT EVENT IN THE HISTORY OF GCC-YEMENI RELATIONS.

The Saudi-British week in Eastern Province organized by the British Trade Office in Al-Khobar, is to be held here tomorrow. The theme of its 3-day activities is business development through training solutions. It also includes a Business Conference, a Training

ITALY'S PRIME MINISTER ROMANO PRODI MET HERE TODAY WITH SAUDI BUSINESSMEN.AT THE VENUE, HE WAS RECEIVED BY CHAIRMAN OF THE BOARD OF DIRECTORS OF THE SAUDI CHAMBERS OF COMMERCE AND INDUSTRY ABDULRAHMAN BIN RASHID AL-RASHID; CHAIRMAN OF THE BOARD OF

Preliminaries have been done to export 1,000 Samand sedan to China, managing director of ISACO company said on Sunday. Nasser Marzban, accompanied by a number of managers of Iran Khodro Company (IKCO), who is in China to participate in Shanghai

Oil Minister Kazem Vaziri-Hamaneh said here Sunday that Iran-Austria 30-billion-dollar agreement was the major step towards export of Iranian gas to Europe. The statement was made at a press conference on the sidelines of the 12th international oil, gas and

The Telecom Regulatory Authority of India on Monday proposed setting up of a 'National-Do-Not-Call Registry' to save millions of phone users from unsolicited calls from telemarketing executives.