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Home -> Finance -> News

NATIONAL
BSE: Sensex surges by yet another 25.54 points
Weathering intermittent selling, the Sensex today (May 24, 2005) surged by yet another 25.54 points to close at 6565.37 on the stock exchange Mumbai (BSE) on sustained buying by local funds and operators, buoyed by Union Finance Minister P Chidambaram's positive statement on the country's economy.

Govt borrowings to be less this fiscal: Chidambaram
Stating that Government borrowings would be less than what was projected for the current fiscal, Union Finance Minister P Chidambaram today (May 24, 2005) said there was pressure on inflation due to rising oil prices and money supply.

BSE: Sensex opens firm, continues upward march
The Sensex opened firm and continued its upward march gaining fresh ground in erratic movements in morning trading today (May 24, 2005) on the Bombay Stock Exchange (BSE) on sustained purchases, albeit in a small quantity, by domestic mutual funds.

INTERNATIONAL
Outsourcing tutorial services a rising business
After high-tech industry, outsourcing of educational services is now a growing business with Indian teachers tutoring American school children at a far less cost than their US counterparts.