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Thursday, November 11, 2004
Kalam spells out six-point mission for banks
NEW DELHI, NOV. 10.The President, A. P. J. Abdul Kalam, today asked banks to play a bigger role, follow a mission-mode approach and help the country realise 7-8 per cent economic growth by doubling farm credit and devising ways to utilise the ...
RBI sticks to credit policy projections
NEW DELHI, NOV. 10.The Reserve Bank of India is not inclined to revise its projections of 6-6.5 per cent growth rate and average inflation of around 6.5 per cent this fiscal even in the face of recent hike in domestic petro product prices. It is ...
World Bank forecasts 6-6.5 p.c. economic growth rate
NEW DELHI, NOV. 10. The World Bank today forecast that economic growth would range between 6 and 6.5 per cent during the current fiscal as against the Government target of 8 per cent. The bank's projection is in tune with the latest assessments ...
Banks may raise interest rates
NEW DELHI, NOV. 10.Major commercial banks, including State Bank of India and ICICI Bank, are all set to review upward their interest rates after Diwali in the wake of inflationary expectations and movement in the bond prices. Heads of leading ...
Gold scales new high
MUMBAI, NOV. 10. Surpassing earlier records, gold prices on Wednesday scaled a new all time closing peak of Rs. 6,490 (10 gram) on sustained heavy festival demand amidst rising prices abroad. It had been hovering around earlier life-time high of ...
MSN's new search service
NEW DELHI, NOV. 10. MSN has introduced beta version of the new MSN Search service on Wednesday promising consumers more useful answers to their questions and more control over their search experience resulting in faster access to the information ...
Xansa to raise headcount
NOIDA, NOV. 10. The U.K.-based business process and services company, Xansa, will raise its India headcount four-fold to 10,000 for achieving 70 per cent growth over the next 3-4 years. ``At present, we have around 2,600 people in India. The ...
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