Trade with EU

Brussels, March 5: India and the European Union (EU) will this week seek to resolve differences over tariff and services, which have slowed down negotiations on the proposed trade and investment agreement. Commerce minister Kamal Nath will meet EU trade commissioner Peter Mandelson in London later this week to give a push to negotiations on the agreement, which were slated to conclude by the year-end.

Gas pipeline

Mumbai, March 5: Iran today said it is ready to sign the India-Pakistan-Iran gas pipeline deal, but technical issues between India and Pakistan is hindering the process. The gas pipeline is stuck over issues such as price and transition fees.

CII survey

New Delhi, March 5: India’s GDP growth during the next fiscal will be in the range of 8-8.5 per cent, a survey by industry body CII has said.

StanChart buy

Mumbai, March 5: Standard Chartered Bank has completed the acquisition of American Express Bank for $823 million after receiving all the required approvals, including that of the RBI. The deal was announced in September last year.

Yes Bank

Mumbai, March 5: Yes Bank is planning to raise about Rs 1,100 crore through a mix of equity and debt in the next fiscal, its managing director and CEO Rana Kapoor said here today.