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 Govt moots norms for states to levy service tax New Delhi: Government on December 21 came out with the modalities of the Constitutional amendments to enable states to collect and appropriate service taxes, a Bill for which would be introduced in the Budget session of Parliament in 2003.
Polaris chief Jain may return to India on Dec 23 New Delhi: Polaris chief Arun Jain and his colleague Rajiv Malhotra, who were released by Indonesian police on December 20, may get back their passports and other related documents on December 23, paving the way for their return to India on December 23 night.
'Rising unemployment will lead to social unrest' New Delhi: Planning Commission on December 21 warned of a "social unrest" in the country in case the alarming rise in unemployment is not tackled by favouring labour intensive sectors for attaining 8 per cent economic growth during the 10th Plan period.
Wipro ranked Asia's best computer software co Bangalore: Leading international finance magazine 'global Finance' has ranked Indian software major Wipro the "best company in the computer software sector in Asia" in its annual world's best companies 2002 survey, a company release said on December 21.
