NATIONAL Air Sahara to begin operations to SE Asia by March Expressing confidence about the success of its expansion plans, Air Sahara today (Jan 4, 2005) said it would begin operations to Southeast Asia by March-April subject to Government clearances, and induct at least 11 more aircraft in the next few months to take its fleet strength to 32.
Sensex hits new intra-day peak, ends 28 pts down After hitting an all-time intra-trade peak of 6696.31 within minutes of resumption of session, the market today (Jan 4, 2005) moved downwards and ended 28 points lower on selling pressure from domestic investors amid a slowdown by Foreign Institutional Investors (FIIs).
S&P warns India of high deficit and debt burden Warning India of high fiscal deficit and debt burden, global rating agency Standard & Poor's said the country was unlikely to sustain high growth as was achieved by East Asian tiger economies.
Petrol, diesel prices unlikely to come down: Aiyar Petrol and diesel prices are unlikely to be reduced in line with falling international prices as the Government is working on a stable pricing regime.
Govt invites bidding for 20 oil and gas blocks India today (Jan 4, 2005) put 20 oil and gas exploration blocks for bidding under the fifth round of New Exploration Licensing Policy.
The 20 blocks on offer include six deep-water blocks, two shallow water and 12 on-land blocks, Petroleum Minister Mani Shankar Aiyar said at a press conference.
Sensex turns weak as stocks meet with resistance After a firm start, the Sensex later turned weak as stocks met with some resistance during morning trading on the Stock Exchange in Mumbai today (Jan 4, 2005) due to selling pressure amid lack of buying support.
