NATIONAL Stocks fall back sharply by 48 points at BSE
Mumbai: The overnight rally was short-lived as blue-chip stocks came under heavy pounding from domestic funds and a few operators and sent the SENSEX reeling down to end 48 points lower at the Bombay Stock Exchange in Mumbai on April 17.
'Bloodbath' in bourses was 'over reaction': Premji
Bangalore: Wipro Chairman Azim Premji on April 17 described last week's "bloodbath" in the bourses triggered by its rival Infosys' low revenue guidance as "over reaction" and said there was a "correction" going in the stock market.
Wipro Ltd reports 7 per cent fall in profits
Bangalore : Falling below market expectations, IT major Wipro Limited on April 17 reported a seven per cent dip in its net profit at Rs 820.5 crore for 2002-03 over Rs 885.4 crore in the previous year.
India can create 40 mn new jobs, report to PM says
New Delhi: Aided by a large professional workforce, India can become a global
service capital for knowledge-based services and create 40 million new jobs along with boosting its gross domestic product (GDP) by upto $ 200 billion by 2020, says an action plan report submitted to Prime Minister Atal Behari Vajpayee on April 17.
INTERNATIONAL Iraq war, SARS to hit Indian economy: Survey
Beijing: United Nation's economic and social survey on April 17 warned that Iraq war and SARS (Severe Acute Respiratory Syndrome) will impact Indian economy, pushing down growth prospects by almost 1.0 per cent to 5.1 per cent in 2003.
China's economy registers 9.9 per cent Q1 growth
Beijing: Buoyed by sterling performances by industrial and foreign trade sectors, China's economy registered its best performance since 1997 with the gross domestic product (GDP) rising by an impressive 9.9 per cent in the first quarter of 2003.
