Online edition of India's National Newspaper
Tuesday, February 26, 2002
Online edition of India's National Newspaper Tuesday, February 26, 2002 |
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Corporates plan new investment NEW DELHI, FEB. 25. In what appears to be a sliver lining to the dark cloud of economic slowdown, more than half of corporate India plans to make fresh investments and hire people this year despite falling profits, dwindling sales and shrinking ... India has entered the debt trap The nation is approaching the presentation of the budget for 2002-03 in a state of dire crisis. But it is a crisis that the Government still does not wish to acknowledge. Following the drastic revision of the estimate of growth in 2000-01 by the ... Rupee slides to record low The rupee slid to a new record low close of 48.79/80 a dollar today, dragged down by hectic dollar demand from banks after nervousness gripped the interbank foreign exchange market and pushed down the currency to early historic low of 48.88/90. ... Trade fear over FDI in retailing MUMBAI, FEB. 25. There is an apprehension in business circles here that the forthcoming budget could allow foreign direct investment in retailing which would first hit the emerging chain stores selling high value-added branded items in major ... Other Stories
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