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Centre for export-led growth
NEW DELHI, DEC. 28. Promising more exporter-friendly policies soon, the Union Minister for Commerce and Industry, Kamal Nath, said here today that external trade could play a crucial role in stepping up India's overall growth rate. Export-led ...

Phone subscriber base to double in five years — study
MUMBAI, DEC. 28.The telecom services industry will continue to record a strong growth in the next five years, according to a report by CRIS INFAC. From a meagre 2.8 per cent in March 2000, teledensity has increased to 8 per cent in September 2004 ...

Smart rally in rupee
MUMBAI, DEC. 28. Rallying smartly against the U.S. currency on the back of strong bunched up dollar supplies from the long Christmas holidays overseas, the rupee today gained a steep 14 paise to close at 43.71/72 a dollar. In mostly quiet and ...

Shipping, tourism and marine sectors hit
NEW DELHI, DEC. 28.Leading industry chambers, the Confederation of Indian Industry (CII), and the Federation of Indian Chambers of Commerce and Industry (FICCI), today said the loss caused by tsunami disaster was limited to shipping, tourism and ...

Onkar Kanwar new FICCI President
NEW DELHI, DEC. 28. The Chairman and Managing Director of Apollo Tyres, Onkar Kanwar, today took over as the new President of Federation of Indian Chambers of Commerce and Industry (FICCI) for 2004-05. Mr. Kanwar took over at the conclusion of ...

IOC to involve GAIL in Iranian venture
NEW DELHI, DEC. 28.Indian Oil Corporation will give GAIL (India) Ltd. a 10 per cent stake in the liquefaction plant it plans to set up in Iran for export of LNG produced from the gigantic South Pars gas field to India. IOC, along with the ...

Metal shares in the limelight
MUMBAI, DEC. 28. Achieving another landmark, the benchmark index zoomed further by 50.45 points to finish at a new high of 6563.48 on the Bombay Stock Exchange today on sustained buying by foreign funds and domestic institutions. Terming ...

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