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Thursday, January 01, 2004
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Agriculture, manufacturing drive growth
NEW DELHI, DEC. 31. There was good news on the closing day of calendar 2003 the economy grew by a whopping 8.4 per cent in the second quarter of the current fiscal year. If this trend continues in the next two quarters, the overall ...
Current account surplus in second quarter
MUMBAI, DEC. 31.India's balance of payments (BoP) for the second quarter ended September 30, 2003 saw a surplus on current account of $500 million benefiting from net invisible surpluses of $6.7 billion. The trade deficit during the ...
Marginal rise in external debt
NEW DELHI, DEC. 31.There has been a marginal increase in India's foreign debt, which stood at $112.54 billion at end-September 2003 against $109.74 billion at the end of June this year. The September-end debt stock reflects an increase of 7.5 per ...
New interconnect charges regime deferred
NEW DELHI, DEC. 31.The Telecom Regulatory Authority of India today decided to defer by a month the implementation of new interconnect usage charges (IUC) regime and also the change in numbering scheme for mobile phones. The IUC regime as well as ...
Year ends on optimistic note for markets
MUMBAI, DEC. 31. Discounting the overnight brief downward correction, share values once again turned buoyant on a fresh round of selective buying, breached the 5800-mark and ended the year on the Stock Exchange, Mumbai, today with a smart rise of ...
Consumer index up
SHIMLA, DEC. 31. The consumer price index for industrial workers (base 1986=100) increased by one point in November to 504. However, the point-to-point rate of inflation declined to 3.07 per cent in November from 3.29 per cent in October, the ...
Lupin files INDA
MUMBAI, DEC. 31.Lupin has announced that it has filed an Investigational New Drug Application (INDA) for a botanical oral treatment for psoriasis, Desoris (LLI-3348), with the Drug Controller General (India). Psoriasis is characterised by ...
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