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Headlines Now
INTERNATIONAL
Trade with India still subject to barriers: USTR
Washington: Most US trade with India is still subject to barriers, according to the office of the United States Trade Representative (USTR), which has issued its 2002 National Trade Estimate (NTE) report on Foreign Trade Barriers (FTB).

NATIONAL
Equities get severe beating, SENSEX down by 43 pts
Mumbai: Equities received a severe beating and pushed the SENSEX sharply down by about 43 points at close on the Bombay Stock Exchange (BSE) on April 3 following the unabated communal violence in Gujarat and rising international crude oil prices.

Talks with EU fail, India may take legal recourse
New Delhi: India may move the Dispute Settlement Body of WTO in the face of the adamant posture of European Union not to consider New Delhi's demand to extend the concessions given to Pakistan under Generalised System of Preferences.

Megawati invites Indians to invest in Indonesia
New Delhi: Assuring captains of Indian business community of a politically stable and secure environment in Indonesia, President Megawati Soekarnoputri on April 3 invited them to invest in her country, particularly in pharmacy, agriculture, railway, construction and IT.

RBI asks Centre to set up advisory board
New Delhi: Reserve Bank of India (RBI) on April 3 asked the government to explore possibilities of setting up an advisory board for evolving best practices in the discharge of its duties as banker to both Central and state governments.

RBI to take inventory of Rumtek monastery
Gangtok: A Reserve Bank of India (RBI) team has arrived in Sikkim with a view to make a "quantitative inventory" of the fabulous wealth of the Rumtek monastery, headquarters of the Karma Kagyu sect of Buddhism, on the directives of a local court.

Bharti Telenet launches TouchTel in Tamil Nadu
New Delhi: Bharti Telenet on April 3 launched fixed line telecom services in Tamil Nadu under the brand name TouchTel.

SENSEX drops marginally on Guj violence reports
Mumbai: The SENSEX opened marginally lower and later dipped below 3,500-level in line with the declining trend in lacklustre activity at early stages on the Bombay Stock Exchange (BSE) on April 3 following fresh sell-off triggered by reports of continued communal violence in Gujarat.

Maruti Udyog announces Rs 55 cr net profit
New Delhi: India's largest car maker Maruti Udyog has turned around by posting a net profit of Rs 55 crore over a turnover of Rs 9295.3 crore during 2001-02 which company officials attributed to a mix of aggressive cost- cutting steps and improved quality management systems.