NATIONAL Tariff war: BSNL slashes mobile tariff by 60 % In what could trigger a major price war among telecom service providers, State-owned Bharat Sanchar Nigam Ltd (BSNL) today (Aug 26, 2004) slashed its cellular tariff by upto 60 per cent.
Market snaps 3-day winning streak; dips by 18 pts The market snapped three-day winning streak and closed with a moderate fall of 18 points in an otherwise erratic and narrow movements even as investors discounted a marginal fall in inflation rate to 7.94 per cent.
Inflation dips marginally, further fall predicted Overcoming a steep 11 per cent hike in vegetable prices, inflation fell marginally by 0.02 per cent to 7.94 per cent for the week ended August 14 due to a sharp fall in prices of minerals.
Sensex faces resistance after firm start at BSE After a firm start, the Sensex met with a moderate resistance during morning trading at the Bombay Stock Exchange (BSE) today (Aug 27, 2004) as the prevailing higher price levels attracted profit booking by day-traders and retail investors.
INTERNATIONAL WB increases lending to India, to target poor states The World Bank has increased its lending to India by about $ 1 billion a year for the next four years and identified infrastructure building, human development and uplift of rural poor as its thrust areas in an effort to alleviate poverty.
India premier destination for outsourcing: Kearny India has emerged as the world's "premier destination" for Information Technology outsourcing but is yet to catch up in terms of globalisation, consulting firm A T Kearny has said.
