Athreya wants Centre to cut stake in IDBI
The one-man MB Athreya panel, set up to chalk out the vision and strategic directions for the Industrial Development Bank of India (IDBI), has recommended transforming the term-lending institution into a bank and bringing down the Centre's stake in it.

Vajpayee rejects linkage of labour, environment with trade at Seattle
Prime Minister Atal Bihari Vajpayee on Sunday rejected any linkage of labour standards and environment with trade at the crucial World Trade Organisation ministerial conference beginning Tuesday at Seattle and asserted India will "robustly" articulate the position of developing countries at the talks.

Political consensus delays rate cuts
The Government is showing worrying signs of allowing politics overrule economic sense by stalling over recommendations to allow interest rates in the country to move lower.


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