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Headlines Now
INTERNATIONAL
Russian telecom giant to invest $ 1 billion in India
Moscow: Russia's AFK Sistema financial corporation is to invest $ 1 billion in the Indian cellular telecommunication sector over a period of five years.

NATIONAL
Year 2002 closes on optimistic note at BSE
Mumbai: Year 2002 closed on a cautiously optimistic note with select shares registering modest gains in lacklustre trading on the Bombay Stock Exchange (BSE) on December 31 even as the SENSEX managed to end in the positive terrain with a marginal rise of 2.31 points at 3,377.28.

West must implement free trade regime: Lord Paul
Kolkata: Eminent industrialist Lord Swraj Paul on December 31 said that Western nations must implement free trade regimes in their own countries to fulfill their responsibility towards the developing countries in the globalised scenario.

GDP registers impressive 5.8 pc growth in Q2
New Delhi: Belying expectations of a lower growth, India's gross domestic product (GDP) in the second quarter this fiscal grew at an impressive 5.8 per cent despite a dismal performance by the agriculture sector, which registered zero per cent growth in the period.

V-P concerned over corporate mismanagement
New Delhi: Concerned over the high incidence of loan default along with "corporate manipulation and mismanagement", Vice-President Bhairon Singh Shekhawat on December 31 suggested implementation of the five Es -- excellence, efficiency, effectiveness, equity and ecology -- to refurbish the tarnished corporate image in the country.

Share prices resume on a promising note
Mumbai: Share prices resumed on a promising note at the Bombay Stock Exchange (BSE) on December 31, the last day of current calendar year following selective buying by operators and retail investors.