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Headlines Now
INTERNATIONAL
'Rich nations have failed to open up their markets'
London: Commonwealth Secretary General Don McKinnon on January 24 cautioned that prospects of a fair and principled round of trade negotiations were "fast fading" due to failure of developed countries in delivering on their promise to provide market access to developing countries.

NATIONAL
SENSEX recovers by 20 pts on FIIs buying at BSE
Mumbai: The benchmark recovered by 20.13 points to close at 3267.84 at the Stock Exchange on January 28, rallying smartly from intra-day lows of 3209.51 following fresh buying from foreign funds, leading to short-covering by operators, despite the continuing Iraqi standoff.

'No proposal to take loans for redemption of RIB'
New Delhi: Government on January 28 said there was no proposal to take Dollar denominated loans for repayment of 4.25 billion Resurgent India Bonds (RIB), whose first redemption begins in September 2003.

Khatami visits STPI, witnesses AP's IT progress
Hyderabad: Iranian President Syed Mohammad Khatami was on January 28 treated to a glimpse of the strides made by Andhra Pradesh in Information Technology (IT) sector when he visited the 'hi-tech city', a new icon of the IT-savvy state.

WTO heeds India's plea, to probe EU tariff
New Delhi: Acting on India's request, the World Trade Organisation (WTO) will set up a panel to probe a complaint over tariff preferences given by the European Union (EU) for countries that combat drug trafficking or that comply with labour and environmental standards.

SENSEX moves upwards after opening steady
Mumbai: The SENSEX opened barely steady and later moved upwards in line with moderate rally in select heavyweights on the Bombay Stock Exchange (BSE) on January 28 on good buying support from foreign funds and local institutions.