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Home -> Finance -> News

NATIONAL
Chidambaram hints at revising petroleum prices
Admitting oil prices are the single biggest worry for him, Finance Minister P Chidambaram has hinted at revision in petroleum prices saying consumers too would have to share the burden.

Ambani brothers moving towards settlement says FM
Finance Minister P Chidambaram today (May 22, 2005) said that the two Ambani brothers -- Mukesh and Anil -- are moving towards settlement and there was no need for any Government intervention in the family dispute.

Calls within TN, WB, Maharashtra & UP become local
In a major benefit to consumers in four States, Government today (May 21, 2005) made calls between Chennai and Tamil Nadu, Kolkata and West Bengal, Mumbai and Maharashtra and Uttar Pradesh (East) and Uttar Pradesh (West) local.

'Consumers to share burden of surge in oil prices'
Finance Minister P Chidambaram yesterday (May 20, 2005) hinted at revision in petroleum prices saying consumers should bear "slight" burden of the surging global oil prices.

Kingfisher announces special low introductory fares
Taking on the competition head on, new private carrier Kingfisher Airlines yesterday (May 20, 2005) announced special promotional fare between Mumbai and Bangalore at Rs 2,999 while setting Rs 4,999 as that on the Delhi-Bangalore route from June 9.

INTERNATIONAL
Shourie, Welch hail India's progress, IITians' role
India has successfully made optimum use of scarce financial resources in science and technology, sending satellites into space and enabling patients of epidemics like AIDS to buy cheap drugs, former disinvestment Minister Arun Shourie has said, but noted the country's infrastructure and bureaucracy needed to improve.