NATIONAL Inflation falls further to 3.01 pc, likely to go up Inflation fell to 3.01 per cent but the Government prefers to keep a close watch on the price front, which is likely to go up following the recent hike in fuel cost.
'Govt, RBI to take steps to sustain low inflation' Amid fears of a rise in general price level in the wake of fuel becoming costlier this week, Finance Minister P Chidambaram today (September 9, 2005) said the government and Reserve Bank would take necessary steps to contain inflation even though it fell to over 3-years low of 3.01 per cent.
Blr Chamber of Commerce to boycott Bangalore it.in Bangalore Chamber of Industry and Commerce today (September 9, 2005) announced that all its members have vetoed participation in the Bangalore IT.In 2005 slated to be held in November.
Sensex edges up, ends at new high at 8060.01 The steep rally in the Bombay Stock Exchange (BSE) benchmark sensitive index (Sensex) was somewhat slowed down today (September 9, 2005) as it managed to rise only by 7.45 points, however ended at yet another new high of 8060.01 on increased all-round buying.
Cooperative sec: Center, States to arrive at accord The Center and states will arrive at a consensus by October on revamping the cooperative sector through a Rs 15,000 crore financial package and other reform measures, Finance Minister P Chidambaram said today (Sept 9, 2005).
Mega Power Project status granted to Dabhol: eGoM The Government will grant a host of fiscal concessions, including mega power project status and duty free import of LNG to the 2.94-billion dollar Dabhol power project so as to restart the troubled plant by 2006-end.
Q1 growth may drop year-on-year at 7.1 pc: CMIE Slowdown in growth of agriculture, forestry and fishing sector and a moderation in services sector is likely to pull down the growth of the Indian economy in the first quarter of this fiscal to 7.1 per cent against 7.6 per cent in the same quarter last year, according to Centre for Monitoring Indian Economy (CMIE).
Sensex moderately down during morning trade today The Bombay Stock Exchange's (BSE) benchmark 30-share index (sensex) today (Sept 9, 2005) opened on a cautious note and was quoted moderately down in morning trade after it zoomed past 8000-mark yesterday (Sept 8, 2005), as traders booked profits at the higher levels.
INTERNATIONAL India, Russia to set-up technology centre in 2006 India and Russia hope to operationalize a joint technology centre in Moscow in January next year for the commercialization and marketing of proven Russian technologies.
