NATIONAL Revenue share model sustainable in pvt FM radio: TRAI Undeterred by the Government's objection to a revenue share model in private FM radio segment, broadcast regulator TRAI (Telecom Regulatory Authority of India) today (Nov 19, 2004) stuck to its guns saying a high licence fee model was "not sustainable" and thus needed to be replaced.
PM sees 7.5 pc economic growth in next decade Visualising a 7.5 per cent economic growth in the next decade, Prime Minister Manmohan Singh today (Nov 19, 2004) said India needed a second Green Revolution and that he would like to see world-class infrastructure by the end of his term in office.
SC notice to Reliance for laying optical fibre cable The Supreme Court today (Nov 19, 2004) issued notice to Reliance Telecom Ltd (RTL) on the recommendation of a Centrally Empowered Committee (CEC), which found it violating norms by laying optical fibre cables (OFC) through Madhav National Park in Madhya Pradesh in defiance of court orders.
World Bank president meets Manmohan Singh World Bank President James D Wolfensohn today (Nov 19, 2004) called on Prime Minister Manmohan Singh at his residence as he wrapped up his 3-day visit to India.
RIL 'ownership' issues, inflation pull Sensex down The market snapped four-day winning streak and today (Nov 19, 2004) dropped sharply to end 64 point lower as stocks came under heavy sell-off triggered by the "ownership issues" in the country's largest private company Reliance Industries (RIL) and a marked rise in inflation number.
Russia seeks Indian investment, market economy status Russia today (Nov 19, 2004) sought increased Indian investment in various sectors including energy and IT and made a strong case for its recognition as a market economy.
Low cost Simputer bullish on PC: Intel CEO Barrett The world's largest chipmaker, Intel Corp today (Nov 19, 2004) said that personal computers would continue to dominate as more applications get digitised, even as low cost access devices like Simputer would play a small role in computer penetration across the world.
INTERNATIONAL Growth in spending will enable India reach MDG: WB An additional 2.5 per cent growth in Government health spending as a share of the Gross Domestic Product (GDP) would enable India and South Asian States, to reach their Millennium Development Goals (MDG) by 2015, a World Bank study said.
