US firms to pay the price for fewer WB, ADB loans to India
India stands to lose $3.5 billion of loan from the World Bank and Asian Development Bank (ADB) this financial year owing to economic sanctions imposed by the G-8 countries in the aftermath of the Pokharan nuclear tests.

Sinha meets World Bank chief to discuss economy
Finance Minister Yashwant Sinha met World Bank president James Wolfensohn and is understood to have exchanged views on India's economic situation, particularly the lending agency's role in the country's growth.

Excise and Customs board to organise training workshop for staff in October
The Central Board of Excise and Customs (CBEC) in its meeting of chief commissioners in the Capital on Saturday decided to organise extensive training programmes for its workforce in October for implementing two new excise audit projects from November 1.


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