NATIONAL Chidambaram for FDI in agriculture retail trade Setting an ambitious target of Rs 1,40,000 crore farm credit this fiscal, Finance Minister P Chidambaram today (Apr 10, 2005) said that political consensus was required in allowing Foreign Direct Investment (FDI) in agri retail, introduction of contract farming and privatisation of mandis.
Infosys to train 100 Chinese students in IT: Wen Chinese Premier Wen Jiabao today (Apr 10, 2005) said his country would send 100 students to software powerhouse based in Bangalore, Infosys Technologies, for training in information technology.
'India, China together can lead world IT industry' Chinese Premier Wen Jiabao today (Apr 10, 2005) proposed cooperation between India and Beijing in the Information Technology sector, asserting that both the Asian neighbours could together lead the world IT industry.
TCS eyes China's transforming BFSI market: CEO India's largest IT services firm Tata Consultancy Services (TCS) is eyeing the "major transformation" in China's banking and financial services sector to tap the market for its services and products.
Nasscom to help China build a strong software body India's software industry body NASSCOM (National Association of Software and Service Companies) today (Apr 10, 2005) said it will help China to set up a similar body of software companies working in the neighbouring nation.
Inflation averaged higher at 6.22 per cent in FY05 Average inflation moved up by 1.0 per cent to 6.22 per cent during 2004-05, the year, which also saw upward pressure on interest rates, falling returns on bonds and a slower economic growth estimated at 6.9 per cent.
CBI examining re-routing of I'ntl calls by Reliance The CBI is examining the alleged re-routing of international calls as local ones by Reliance Infocomm and some other telecom service providers to find out if it had any national security implications.
China looks to partner with India in chip design India may be lagging behind in semiconductor manufacturing, but the software expertise that helps design new generation chips of the world has caught the attention of rival China.
Prepare for petrol & diesel price hike says Aiyar Petroleum Minister Mani Shankar Aiyar has indicated of an "eminent" hike in petrol and diesel prices in view of crude oil prices touching historic highs.
Jet Airways and Air Sahara may hike air fares soon Following the footsteps of Indian Airlines, the two leading private carriers Jet Airways and Air Sahara are considering hiking fares by a matching 12 per cent.
INTERNATIONAL New Mphasis BPO centre in Mangalore to hire 3000 The Mphasis BFL Group, a provider of IT and BPO services, has opened its fourth Business Process Outsourcing facility in India in Mangalore.
