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Home -> Finance -> News

NATIONAL
Tariff war: AirTel slashes post-paid tariff
AirTel today (Aug 31, 2004) announced new mobile tariffs for post-paid subscribers, slashing local tariff on AirTel-to-AirTel network to Re 1.

Exports to grow at over 20 pc this year: Kamal Nath
Government today (Aug 31, 2004) said it is confident of achieving 20 per cent export growth this year, four per cent more than the target, following the measures announced in the National Foreign Trade Policy.

Fiscal deficit down by 4% at Rs 50,398 cr till July
Fiscal deficit came down marginally by 4 per cent to Rs 50,398 crore in the first four months of 2004-05, soon after Government implemented the stringent Fiscal Responsibility and Budget Management Act (FRBM).

Trade policy is extension of our EXIM policy: Jaitley
BJP (Bharatiya Janata Party) today (Aug 31, 2004) termed the first Foreign Trade Policy (FTP) announced by the Centre as a continuation of the EXIM policies of the previous Government but said high taxes could render exports uncompetitive.

Highlights of the new Foreign Trade Policy
Following are the highlights of the Foreign Trade Policy (FTP) 2004-09.

Foreign Trade policy to double India's trade share
Government today (Aug 31, 2004) announced the Foreign Trade policy saying it wants to double India's share of global trade by 2009.

Ontrack plans BPO arm in 'global hub' India
Ontrack Systems Ltd., which runs India's first website on tenders, is exploring the possibility of promoting an exclusive BPO (business process outsourcing) arm in the near future.