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Home -> Finance -> News

NATIONAL
FM indicates rollback of tax on cash withdrawals
Finance Minister P Chidambaram tonight (March 17, 2005) gave enough indications in the Lok Sabha of a roll back of the controversial proposal for tax on cash withdrawals in banks.

BSE: Sensex tumbles down on soaring oil prices
Soaring crude prices and negative FII activity today (March 17, 2005) sent the Sensex tumbling down by 77 points during the last one hour on the Bombay Stock Exchange (BSE) even as global markets also witnessed a meltdown.

'Tsunami has no revenue impact on affected States'
The tsunami will have no impact on the revenues of the affected States but there could be strain on the expenditure and consequently on fiscal deficit, according to a joint report of Asian Development Bank (ADB), UN and World Bank.

BSE: Sensex opens weak on fresh selling pressure
The Sensex today (Mar17, 2005) opened weak and later witnessed narrow movements during morning trading on the Bombay Stock Exchange (BSE) on fresh selling pressure caused by soaring international crude prices and negative activity by Foreign Institutional Investors (FIIs) on Tuesday (Mar 15, 2005).

CBPOP to help solve BPO professional's problems
The Centre for Business Process Outsourcing Professionals (CBPOP), a non-profit organisation, will facilitate a platform for Business Process Outsourcing (BPO) and call centre professionals to discuss their issues and find out solutions and help them maintain their employability and adaptability in the volatile market requirements.