Saturday, September 27, 2008

Business News

Business News

UK seeks role of India, others in G-20 in handling eco crisis

Posted: 27 Sep 2008 12:38 AM CDT

G Sudhakar Nair New York, Sept 27 (PTI) In a bid to rope in countries like India to join hands in tackling the financial meltdown in the US, British Premier Gordon Brown has said it cannot be

ADB lends Vietnam US$1.1 billion to build highway, AS

Posted: 27 Sep 2008 12:04 AM CDT

HANOI, Vietnam (AP) _ The Asian Development Bank has signed a deal to lend Vietnam US$1.1 billion to build a highway linking Hanoi with southern China, the most expensive project the bank has ever financed, a state newspaper reported Saturday.

Reuters Summit - Investors wonder if $700 bln is right number

Posted: 26 Sep 2008 11:38 PM CDT

By Emily Chasan

Rupee fall, festivals lead to surge in remittances from Gulf

Posted: 26 Sep 2008 11:32 PM CDT

Dubai, Sep 27 (IANS) The fall in the value of the rupee against the dollar has led to a surge in remittances from expatriate Indians in the Gulf in the last couple of weeks, especially as the festival season is on back home.

India-France relations set to move into high gear

Posted: 26 Sep 2008 10:52 PM CDT

Indian Prime Minister Manmohan Singh will reach Paris Sunday after his visit to the United Nations and his encounter with President Bush in Washington to possibly ink a much-awaited agreement for civil nuclear cooperation with France.

US dollar could drop by 10 percent, says Canadian report

Posted: 26 Sep 2008 09:43 PM CDT

Toronto, Sep 27 (IANS) A Canadian bank report says the US dollar could fall as much as 10 per cent in the ``near to medium'' future.

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