OVL project may boost Indo-Sudanese ties
New Delhi: Indias decision to invest in Sudans oil project is hopefully the beginning of a more proactive policy in a strategically crucial region. Sudan is the largest nation in Africa area-wise.
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Govt plans yet another bailout for IFCI
New Delhi: The government has recognised the need for burden-sharing to keep the ailing IFCI Ltd from going into liquidation.
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Bid to retire states costly debts: Finmin finds no takers
New Delhi: The finance ministrys proposition to the states to pre-pay high-cost debt with the help of additional 20 per cent small savings proceeds accruing to them during this fiscal has found no takers.
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Baltic Index dry run may be revived by 03-04 export target
New Delhi: Even as Baltic Dry Index has been on the decline, the export target of 15 million tonnes of rice and wheat by 2003-04 by the Union ministry of agriculture is likely to revive the trade volume in the dry bulk segment.
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Over 8% GDP may contain poverty level: Mitra
New Delhi: The eight per cent gross domestic product growth target fixed by the government is insufficient.
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Motorcycles zoom, scooters slip, mopeds stagnant in Q1
Mumbai: A booming motorcycle market moved domestic two-wheeler sales up by 28.8 per cent during the first quarter this fiscal, even as scooters continued to ride into negative territory.
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TDS on dividends: Waiver cap may be raised to Rs 2,500
New Delhi: The Finance Ministry is considering an enhancement of the threshold exemption of Rs 1,000 on tax deducted at source (TDS) on dividend income received by investors from companies and mutual funds.
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