Briefly Biz: Guar prices jump 300% in a year

Guar prices jump 300% in a year

mumbai: With the prices of guar seed and gum soaring by 300 per cent and exports at an all-time high,the domestic user industry has urged the government to take urgent corrective measures that would help ensure availability of these key ingredients to user industries at reasonable prices. There is an increasing demand for considering withdrawal of promotional incentives of the industry.

India,Nepal to ink DTAA today

Kathmandu: India and Nepal will sign the key Double Taxation Avoidance Agreement (DTAA) during the day-long visit of Finance Minister Pranab Mukherjee here on Sunday,a move which will help create better investment climate for Indian businesses in this country.

$15 mn Exim credit to Togo

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Mumbai:Export-Import Bank of India has,at the behest of Government of India,extended a Line of Credit (LOC) of $15 million to the Republic of Togo for financing a rural electrification project in Togo. This is the first ever LOC extended by Exim Bank to Togo,a West African nation.

UK strike: AI cancels four flights

new delhi: Air India has cancelled four flights to and from London scheduled for Wednesday when a majority of public sector employees in the UK are going on a strike. The move comes as over 7.5 lakh employees out of 26 lakh voted for the strike across four sectors health,civil service,education and local government.