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NATIONAL
BSNL reduces STD charges by 25 per cent
New Delhi: In a bonanza for its fixed-line subscribers, state-owned Bharat Sanchar Nigam Limited (BSNL) today (Dec 9, 2003) announced a reduction in STD call charges by 25 per cent within a circle.

Reva to export 500 electric cars to England
Bangalore: Reva Electric Car Company (RECC) today (Dec 9, 2003) announced that it has bagged an order to export 500 electric cars to the United Kingdom.

Stocks bounce back with vengeance, Sensex up 98 pts
Mumbai: After a brief pause, stocks bounced back with a vengeance and ended with impressive gains lifting the Sensex by 98 points on the Bombay Stock Exchange (BSE) today (Dec 9, 2003) on sustained purchases by Foreign Institutional Investors (FIIs) as well as domestic mutual funds.

CMIE revises industrial forecast upwards to 5.5 %
Mumbai: The Centre for Monitoring Indian Economy (CMIE) today (Dec 9, 2003) revised upwards its industrial forecast for 2003-04 by one per cent to 5.5 per even as the food sector is expected to show a positive three percent growth as against the earlier projection of a decline of 0.4 per cent.

Govt prepays $1.4 bn debt, $ 0.59 bn loans
New Delhi: Government has already prepaid $ 1.4 billion worth of high-cost debt and $ 0.59 billion of bilateral loan this fiscal, Rajya Sabha was informed today (Dec 9, 2003).

INTERNATIONAL
Outsourcing is the new mantra: India tells Japan
Tokyo: India today (Dec 8, 2003) invited Japan to outsource business to tackle the problem arising out of high percentage of aging population.