| Govt
curbs steel exports
|
New
Delhi, Apr 29:
After intense battle of nerves with the steelmakers, the government
today imposed up to 15 per cent export duty on various steel
products to contain rise of prices of the alloy, a move that
will hit industry hard.
|
| Gold
strengthens on local demand
|
New
Delhi, Apr 29:
Gold prices rose by Rs 15 to Rs 11,780 per 10 grams on the bullion
market today on increased demand from local parties in view
of marriage season even as global markets remained weak.
|
| RBI
decision to hold repo rates positive: Lehman
|
Mumbai,
Apr 29:
Lehman Brothers believes the Reserve Bank of India's decision
to hold repo rates steady is positive, as it should not slow
the flagging growth momentum further.
|
| GDP
expected to be 7.8% in FY08: Report
|
New
Delhi, Apr 29:
On the back of strong government spending and investment activity,
the global slowdown will only have a modest effect on Indian
economy whereas the country's GDP is expected to ease to 7.8
per cent this year, says global credit rating agency Moody's
in its latest report.
|
| India
for trade pact with EFTA: Nath
|
New
Delhi, Apr 29:
India on Tuesday said it wants to conclude a Free Trade Agreement
with a smaller four-nation European Free Trade Association (EFTA)
within a year, even as its ambitious trade pact with the European
Union seems to have run into differences.
|
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