INTERNATIONAL Global economy heading back to recession: WB Washington: The World Bank has warned that after the "exceptionally slow growth" in the last two years, there is significant risk that the world could slip back into recession.
NATIONAL Learn lessons from S Korea, panel warns govt New Delhi: A Parliamentary Standing Committee on December 20 warned against disinvestment of oil PSUs (Public Sector Undertakings), HPCL (Hindustan Petroleum Corporation Limited) and BPCL (Bharat Petroleum Corporation Limited), and asked government to draw a lesson from South Korean experience where national economy had been "ruined" due to privatisation.
Blue chip shares help SENSEX to rise marginally Mumbai: In a dull and lacklustre trading, select heavyweight shares managed to rise moderately helping the SENSEX to land in positive territory for the third successive day on the Bombay Stock Exchange (BSE) on December 20 and closed up by mere 3.36 points at 3337.22.
'Inspector raj' stifles small-scale sector: Laments PM New Delhi: Resenting that the small-scale sector was stifled by 'inspector raj' despite over a decade of liberalisation, Prime Minister Atal Behari Vajpayee said rules and regulations should be simplified for speedily liberating the sector.
Logix announces launch of new version of product Bangalore: Logix Microsystems Limited, Bangalore, the master re-sellers of Hummingbird in India, has announced the shipping of the new version of Hummingbird host access and network connectivity product- the Exceed.