NATIONAL Use excess forex reserves for infrastructure: Montek Planning Commission Deputy Chairman Montek Singh Ahluwalia today (Oct 14, 2004) said that India has excess foreign exchange reserves and part of them should be used for the financing the infrastructure growth, which is necessary for the country's fast economic growth.
K'taka software exports jump 34 pc at Rs 7,500 crore Karnataka's software exports has jumped by 34 per cent to touch Rs 7,500 crore during the five months between April and August, as against Rs 5,600 crore in the same period last year.
Strict Income Tax orders only on habitual evaders Seeking to dispel apprehensions that a recent directive to income tax officers may lead to harassment, Government today (Oct 14, 2004) said the provisions of the law will be used only against habitual offenders and fly-by-night hawala operators indulging in massive evasion of taxes.
IT flagship event Bangalore IT.Com to begin on Nov 1 Amid growing concern of IT companies over infrastructural bottlenecks in the city, the Karnataka Government today (Oct 14, 2004) announced the seventh edition of its IT flagship event, Bangalore IT.Com, from Nov 1, 2004.
Aiyar to meet PM over soaring petro prices issue In the face of global crude oil reaching an unprecedented level of $54 a barrel, Petroleum Minister Mani Shankar Aiyar has intensified efforts to cushion domestic consumers against the spurt and will meet Prime Minister Manmohan Singh later in the day.
INTERNATIONAL Economic ties can break Bangla-India barriers: Tata India's second largest Tata Conglomerate is planning to invest two billion Dollars in Bangladesh and said this country has the potential and it could be one way of breaking "false barriers" between the two South Asian neighbours.
