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World Business News
World Business
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Indian proposals for WTO reforms on ministerial agenda
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Indian Express
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Sat 21 Nov, 03:39 AM
After the Doha Round impasse exposed the internal contradictions in the World Trade Organisation s (WTO) style of functioning, India has proposed a near-radical package for reforming the world body. The proposals include an institutionalised...
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U.S. Treasury nominees to press China on yuan policy
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Reuters
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Sat 21 Nov, 03:30 AM
WASHINGTON (Reuters) - Nominees for key U.S. Treasury international posts pledged on Friday to work to persuade China to change its currency practices to allow critical adjustments in global trade and economic...
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Vedanta SPV for development around Niyamgiri bauxite mines
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Indian Express
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Sat 21 Nov, 03:12 AM
London-based Vedanta Resources Plc has formed a special purpose vehicle (SPV) Lanjigarh Project Area Development Foundation to take up peripheral development works around Niyamgiri bauxite mines in Orissa s Kalahaindi and Rayagada districts. The...
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U.S. Senate announces Bernanke confirmation hearing
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Reuters
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Sat 21 Nov, 01:50 AM
WASHINGTON (Reuters) - The Senate Banking Committee will hold a confirmation hearing on Federal Reserve Chairman Ben Bernanke's nomination to a second term as chief of the U.S. central bank Dec. 3, the panel said on...
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France expected to head EU financial services - envoys
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Reuters
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Sat 21 Nov, 01:10 AM
BRUSSELS (Reuters) - A former French foreign minister is expected to take charge of financial services in the European Union, diplomats said, a move that would unsettle bankers worried he may take a hard line with the...
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Essar Comm to file revised bond offer doc
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Reuters
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Fri 20 Nov, 09:40 PM
MUMBAI (Reuters) - The Reserve Bank of India (RBI) has sought a revised offer document from Essar Communication Holdings that details how it plans to use funds raised in a $920 million bond issue, two sources with knowledge of the development...
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