Weak banks to implement wage hike in phases
The 12.25% wage hike deal -- brokered by the Indian Banks' Association (IBA) and nine bank unions for over a million bank employees-- will be implemented in phases in weak banks.

Justify freeze on tariff, Trai tells government
The Telecom Regulatory Authority of India (Trai) hit back at the Government yesterday and asked it to disclose the reasons for freezing the March 9 tariff order.

India seeks equity participation in Kazakhstan's upstream oil projects
India asked Kazakhstan to offer the national oil companies viable projects in the petroleum sector and sought equity participation in upstream oil and gas projects of that country.

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