NATIONAL Single body should deal with FDI matters: Panel New Delhi: A Parliamentary panel has asked government to set up a single body for dealing with foreign
direct investment (FDI) matters and to facilitate export-oriented FDI, as in the case of China.
SENSEX rises by 6.84 pts, cuts short losing streak Mumbai: BSE benchmark posted a fresh gain of 6.84 points at the Bombay Stock Exchange (BSE), helped largely by software major Infosys Tech that induced renewed buying in other counters and cut-short a three-day losing streak.
Bank stir total, another strike likely on May 21 New Delhi: Banking operations were paralysed as public-sector bank officers went on a one-day token
strike on May 2 to press for, among other things, wage hike and the major unions threatened to have
yet another stir on May 21 to protest against harsh labour and banking laws.
Massive unclaimed deposits in commercial banks New Delhi: Unclaimed deposits worth Rs 680.05 crore were lying with the scheduled commercial banks
as on December 31 last year, the Lok Sabha was informed on May 1.
Iraq war has not hit India's forex earnings: Govt New Delhi: Finance Minister Jaswant Singh said in the Lok Sabha on May 2 there was no significant
impact of the US-led war on Iraq on India's foreign exchange earnings. It also did not affect the country's exports and imports with both registering growth rates of 19.67 and 18.76 per cent respectively.
INTERNATIONAL Satyam to open global solutions centre in Malaysia
Cyberjaya (Malaysia): Notwithstanding the recent harassment of Indian Information Technology (IT) experts in Malaysia, Satyam Computer
Services on April 28 launched its Global Solutions Centre to enhance its presence in the Asia-Pacific region.
