Satyam Computer Services, India's fourth largest software exporter, has denied reports that the World Bank has barred it from doing offshore work.

China is willing to work with India and other countries to deal with the global financial meltdown triggered by the US subprime crisis, though it maintains that so far the impact on the Chinese economy has been 'limited'.

With the world's leading powers trying to enlist emerging economies in dealing with the global financial crisis, India, Brazil and South Africa are set to focus on their role in evolving a global financial architecture at the third IBSA summit Wednesday.

India's funds-parched realty industry, already reeling under dropping sales, high interest rates and drying up of private equity sources, has to grapple now with credit squeeze wrought by an unexpected quarter: the global financial tsunami.

Bedecked in flowers, it rolled out of the Nowgam railway station near here, looking like a dream. Many hoped the red and green train - the first ever in the Kashmir valley - would be the harbinger of good times in this trouble-torn land.

India and China have completed a feasibility study on their proposed Free Trade Agreement, a pact that will not only benefit them but also a number of other countries in the region, visiting Chinese Vice Minister of Commerce Gao Hucheng said here Friday.

Several mining companies, which have been allotted mining blocks in Jharkhand, are not able to start operations in the state as the projects are yet to be cleared by the forest department.

ITC's premium fashion brand Wills Lifestyle will have 100 stores in the next two years from the present 55, a top official said here Saturday.

The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs.1.54 billion ($32.7 million) to Himachal Pradesh for constructing 16,500 poly-houses - polythene-covered greenhouses - in four years, Chief Minister Prem Kumar Dhumal announced here Saturday.

Saying that the global monetary crisis holds important lessons for emerging market economies like India, Finance Minister P. Chidambaram said India's challenges lay in reining in inflation without hurting the growth momentum, preserving financial stability and moving more vigorously on fiscal consolidation.

The shares of India's two biggest airlines, Jet Airways and Kingfisher Airlines, were up Monday on rumours of a possible merger to trigger yet another consolidation bid in the country's aviation space.

Eurocopter, the global leader in chopper manufacturing, sees the Indian market doubling in the next few years.

European Union (EU) energy ministers Friday agreed to new rules for its gas and electricity markets after a long and heated debate, diplomats said.

Trinamool Congress chief Mamata Banerjee was hand-in-glove with Gujarat Chief Minister Narendra Modi to ensure that Tata's Nano project shifted to the western state, a senior Communist Party of India (CPI-M) leader alleged here Sunday.

Defence Minister A.K. Antony Friday urged the defence shipyards to expeditiously carry forward the process of modernization and reduce the time taken to build warships so as to compete with the best in the world.