New IMF chief wants more autonomy
Amid calls by American lawmakers for radical reforms and tighter controls at the IMF, the controversial lender's new head says he would prefer milder changes and more independence from the politics of the US and other rich governments.



Dabur takes Nestle to CLB on Excelcia
Dabur India Ltd (DIL) has taken Swiss multinational Nestle SA to Company Law Board (CLB) and asked the board to appoint an independent administrator to look into the affairs of their joint venture "Excelcia Foods Ltd".



India to benefit from OPEC oil output increase
Organisation of Petroleum Exporting Countries agreement to raise oil output should nip in the bud the threat of a pick-up in imported inflation in energy-hungry India and other Asian countries as the region's recovery gathers pace, economists said on Wednesday.



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