Free trade talks between India and the European Union could resume in the coming weeks as the two sides are hopeful of narrowing down their differences on several contentious issues such as market access to services, duty cut on automobile and spirits, and a liberal visa regime.
This surely isn't debt's finest hour. As an asset class, it is proving to be a big lag - its soft underbelly currently lies exposed, evident from the rather disappointing returns that many debt funds have lately delivered. In some cases, returns have barely covered the combined effects of inflation and tax, the two foes that investors have to be at constant war with.
Cash-strapped Air India, which delayed salaries for three months in a row, has sought an additional funding of around Rs 2,000 crore from the government to tackle the situation, a senior company official said.