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Tuesday, November 11, 2003
Jaitley to take up exchange rate issue with FM
NEW DELHI, NOV. 10. The Union Commerce and Industry Minister, Arun Jaitley, today assured exporters that the exchange rate problem will be taken up with the Finance Minister, Jaswant Singh, to ensure sustained export growth. He empathised with ...
SC admits cell operators' pleas against Tribunal order
NEW DELHI, NOV. 10. The Supreme Court today admitted the appeals filed by cellular operators against an order of the Telecom Disputes Settlement Appellate Tribunal (TDSAT) upholding the Government's decision to permit basic operators to offer WLL ...
Crisil puts growth at 7.1 p.c.
NEW DELHI, NOV. 10.The Credit Rating Information Services of India (Crisil) today forecast that the Indian economy would grow by 7.1 per cent this fiscal after the excellent monsoon although the fiscal deficit may overshoot the target. "The ...
Stocks rebound from early lows
MUMBAI, NOV. 10. Stocks rebounded from the day's lows and majority of key scrips even scored impressive gains, aiding the Sensex break the three-session string of losses in volatile activity on the Stock Exchange, Mumbai, here today on late ...
Downward correction in rupee
MUMBAI, NOV. 10. Despite healthy trade and portfolio investment inflows, the rupee underwent a downward correction against the U.S. currency today, following a late bout of heavy dollar short-covering by banks and reflecting the dollar's renewed ...
A note of cautious optimism
As was to be expected, the Reserve Bank of India has struck a note of cautious optimism about the near term prospects of the Indian economy. It could hardly have done otherwise. The inflation rate has moderated after spiking above 6 per cent in ...
ICICI Bank cuts home loan rates
MUMBAI, NOV. 10.ICICI Bank has reduced its floating interest rate for home loans by 0.25 to 0.5 per cent effective from tomorrow and has offered a uniform rate of 7.5 per cent for all tenors till November 26. The revised rates for loans up to ...
Weaving industry hails extension of TUF
ERODE: On behalf of the Confederation of Weaving Industries, its Chairman, M. S. Mathivanan, welcomed the decision of the Union Government for approving the extension of Technology Upgradation Fund (TUF) scheme till March 2007 and also for ...
SBI Life's offer for plantation workers
CHENNAI: SBI Life Insurance Company, a joint venture between State Bank of India and Cardif SA of France, has announced that it had covered 4,400 employees of the Bombay Burmah Trading Corporation tea estate near Coimbatore in Tamil Nadu through ...
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