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Headlines Now
INTERNATIONAL
WB moots 7-point plan for poverty alleviation
Washington: World Bank has mooted a 7-point swift action plan to fulfill the "millennium development" agenda to uplift the world poor by taking advantage of the favourable international environment.

NATIONAL
Govt hints at special saving schemes for retired
New Delhi: A special savings scheme to assuage the woes of the pensioners amid falling interest rates is on the anvil, the Finance Minister Yashwant Sinha indicated on April 17.

Easies, semi-casual wear launched for urban populace
Bangalore: Easies, a semi-casual wear brand of shirts and trousers from the house of Kewal Kiran, has recently launched a new collection of shirts and trousers called “Urban Linen” keeping in mind the urban needs of consumers. Made from basic cotton fabric combined with modern slubbed technology, Urban Linen is supposed to present a linen inspired mood.

Jaya asks Centre to rescind limit on state borrowings
Chennai: Tamil Nadu Chief Minister Jayalalithaa on April 17 requested Prime Minister A B Vajpayee to rescind the limitations imposed on the state governments' borrowing capacities in the larger interests of people.

Cognizant to expand its infrastructure in India
Chennai: Cognizant Technology Solutions Corp on April 17 announced that its board of directors has approved an international strategy that includes its extensive infrastructure investment in India and geographic expansion in Europe and Asia, according to an official press release.

Cognizant revenue up 7 per cent in first quarter
Chennai: Cognizant Technology Solutions Corp, a leading provider of custom software development, integration and maintenance services, recorded a seven per cent growth in its revenue for the first quarter amounting to $ 46.5 million, according to an official Press release.

Dabhol closure may hit US investments in India
New Delhi: United States on April 17 warned that shutdown of Enron-operated Dabhol Power Plant following a bitter payment controversy could affect investment prospects in India.

Govt rules out immediate hike in petro products
New Delhi: The government on April 17 ruled out any immediate increase in petroleum product prices despite the surge in international crude oil prices, saying the national oil companies had enough strength to absorb $ 4 per barrel increase in the oil price.

Boeing sees India as pacesetter in global travel industry
New Delhi: US aircraft maker Boeing on April 17 said that India would be a pacesetter for renewed growth in a global travel industry battered by the September 11 terror attacks and a general economic slowdown.

SENSEX opens firm as equities rally on IT stocks
Mumbai: The SENSEX opened firm and showed signs of a recovery by improving further following a rally in key IT counters at early stages on the Bombay Stock Exchange (BSE) on April 17 on fresh purchases by foreign institutional investors (FIIs).