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LICENSE

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INDIAN BUSINESS NEWS

RIL, ONGC, ENI get 3-year drilling breather
The Cabinet Committee on Economic Affairs on Thursday approved a three-year moratorium, or break, on drilling in deep waters by explorers.

India to grow 9.5% in 2010: IMF
The International Monetary Fund on Thursday raised India's growth forecast for 2010 to 9.5%, stating that favourable financing conditions and robust corporate profits will accelerate economic expansion.

Jewellery exports up by 31.24%
Gems and jewellery exports rose by 31.24% to USD 2.46 billion in May on the back of jump in shipments of cut and polished diamonds.

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