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Home -> Finance -> News

NATIONAL
Air Deccan completes 02 glorious years in the skies
Air Deccan, India's first low cost airline took to the skies with its commercial flight on the 27th of August 2003 from Bangalore to Hubli with one aircraft, two destinations and a commitment to change the aviation landscape of India by 'empowering every Indian to fly'.

'Growth in irrigation sector not on expected lines'
The under utilisation of water resources and irrigation projects and failure to link the laboratory research to the farm had been major stumbling blocks in achieving the targeted growth of four per cent in the agricultural sector, Dr Montek Singh Ahluwalia, Deputy Chairman Planning Commission, said in Bangalore today (Aug 27, 2005).

Petroleum prices should align with int'l price
Planning Commission Deputy Chairman Montek Singh Ahluwalia today (Aug 27, 2005) strongly supported the view that petroleum prices in the country should align with the global price.

Proposal of 'islamic banking' into India welcomed
Prince of Arcot, Mohammed Abdul Ali, today (August 27, 2005) lauded the United Progressive Alliance (UPA) Government asking the RBI to explore the possibility of bringing 'Islamic banking' into India.

FM Chidambaram pulls up public sector banks
The Government today (Aug 27, 2005) pulled up public sector banks for projecting a slowdown in deposit mobilisation and credit disbursal targets.

Stock market loses 1.29 per cent on FII slowdown
The stock market snapped one of the longest weekly gaining streak and was corrected by 1.29 per cent in the week on concerns caused by high crude price and a slowdown by Foreign Institutional Investors (FIIs).

First Indian fibre optics amplifier to enter market
India's first fibre-based amplifier that promises to slash cable TV, telephone and internet bills significantly with wider network coverage and super-fast connectivity would soon be commercially launched by a Cochin-based firm.