BIZ BRIEFS

India, Pak gas talk

ISLAMABAD: Pakistan’s seven-member team of petroleum experts will leave for New Delhi on Monday to attend the first meet of the Pakistan-India joint working group on a proposed Iran-Pakistan-India gas pipeline project. — HNS

Singapore economy

SINGAPORE: Singapore’s sluggish economy is expected to pick up pace in the second-half of the year as exports improve despite high oil prices, meaning official growth target of 2.5-4.5 per cent is still within reach. — AFP

British economy hit

LONDON: The British economy will deflect economic fall-out from the deadly bombings that struck London, with the capital’s stock market already shrugging off the apparent terrorist outrage. — AFP

Inflation in Eurozone

BRUSSELS: Eurozone indicators to be released this week will confirm that inflation ticked up again in June as a result of the latest rise in oil prices, while sterling markets will also have a raft of British economic news to chew over. Data will also highlight contrasting fortunes for industry in France and Italy, with French output growing and Italian output contracting in May. — AFP

BHEL disinvestment

NEW DELHI: Indian Left front leaders said they would reiterate their opposition to disinvestment in state-owned BHEL during the second round of meeting with UPA chairperson Sonia Gandhi on Sunday. — HNS