Centre may allow power PSUs to float NRI bonds
The government is considering a proposal to permit cash-rich public sector power companies such as NTPC and PowerGrid to raise foreign currency funds from non-resident Indians through a fixed coupon rate bonds scheme.

Exports jump 30% in April
The country's exports had a flying start in April this year by notching up a 30.04% growth over the same month last year. Imports, too, registered a sharp increase of 43.64%, according to provisional trade data released by the commerce ministry on Wednesday.

LIC to invest Rs 27,000 cr in 2000-01
Adding to its existing financial clout, the state-owned Life Insurance Corporation (LIC) has generated a record amount of Rs 26,654.67 crore surplus fund during 1999-2000.


  Web servers may feature in double taxation treaties
  Executive Briefing
  Ahmedabad-Vadodara Expressway contract goes to Indonesian firm
  Anti-dumping duty on PTA from S Korea to continue
  FDI to be further liberalised -- Sinha
  Ministry arranges $25-million LoC for exports to Iraq
  CAG pulls up ministry for not taking delivery of SU-30
  Wide dispersal of PSU shares preferred -- Jaitley
  USTDA to fund natural gas regulatory study in TN
  FE chat/R Kumaramangalam
  Andhra Pradesh opts for Malaysian satellite for state network project
  New IMF chief open to Asian Monetary Fund, capital controls
  Softbank fails to cut a deal on Nippon Credit buyout
  Bank of Japan's board plans to end zero-rate policy
  SBI Bengal circle pins hopes on 70 per cent rise in net profit
  ING Group is in talks to buy Aetna's financial-services unit
  Briefing