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India will sell part of the government's stake in some state-run companies in the next two to three months, Finance Secretary Arvind Mayaram said on Saturday, without naming any company.The government has set a target of $10.5 billion from asset sales during the current fiscal year to March 2015 to help plug its deficit.The finance ministry this week short-listed banks to manage share sales in top ...
India has decided to acquire Boeing's Chinook and Apache helicopters, a defence ministry official said on Saturday, in a deal valued at $2.5 billion that could ease strained ties between New Delhi and Washington.The new nationalist-led government of Prime Minister Narendra Modi has grand plans to vastly strengthen India's military capability, in order to play its role as a regional power and meet challenges ...
Palladium rose to a fresh 13-1/2-year high on Friday on worries over uncertain supplies from Russia, the world's largest producer of the metal, while gold prices eased on a dollar rise and gains in U.S. equities.Tensions rose after Ukraine called for full membership in NATO, its strongest plea yet for Western military help after accusing Russia of sending in armoured columns that have driven back its ...
Singapore: Gold was little changed on Friday but was on track to post a monthly gain, as growing tensions between Russia and Ukraine stoked safe-haven demand for the precious metal. And while purchases from jewellery makers have helped gold bounce from a two-month low hit last week, the bullion still lacked strength to regain the key level of $1,300 due to concerns over a looming U.S. interest rate ...
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