NATIONAL Volatility order of the day; Sensex up marginally The market fell flat after a firm start and the Sensex ended marginally up in choppy trading activity at the Bombay Stock Exchange (BSE) today (Feb 10, 2004) on buying support alternated by profit booking by operators and retailers.
Insurance Cos should not promise high returns: IRDA In a major clamp down on insurers promising high returns to lure consumers, the Insurance Regulatory & Development Authority (IRDA) has mandated that companies cannot project more than 10 per cent return on investments in their policies.
Indian BPO industry's revenue to touch $ 12 billion Poised for growth in the medium term, the Indian business process outsourcing (BPO) industry is likely to touch $12 billion revenue by 2006, credit rating agency ICRA said in its IT outlook report.
Sensex moves irregularly during morning trading The sensex opened moderately higher and later witnessed irregular movements during the morning trading on the Stock Exchange today (Feb 10, 2004) on buying support alternated by profit booking by investors.
INTERNATIONAL 'Made in India' fair to showcase 'resurgent India' A "Made in India Show" to showcase Indian products, technologies and opening vistas of trade between India and Myanmar will be held in Yangon from February 19 to 22.
India 'positive' on integrating S E Asian economy Describing as "positive" its role in integrating the region, India has said the economic groupings in South and South East Asia, including ASEAN (Association of South East Asian Nations) and BIMSTEC (Bangladesh, India, Myanmar, Sri Lanka and Thailand Economic Cooperation), are interlinked and not overlapping each other.
Outsourcing advantage to US: Bush Eco aides US President George W Bush has been told by his key economic advisors that outsourcing of services to India and other countries in which they have a comparative advantage is a win-win for both exporter and importer and that export and import of services is as logical as the export and import of goods.
