NATIONAL 'Four percent agri growth is a national challenge' The Government today (Oct 4, 2005) termed achieving four per cent farm sector growth as a 'challenge,' which has to be met on a mission mode so that the eight per cent overall economic growth becomes sustainable.
'Indian banks fiscally stronger than Chinese banks' Global rating agency Standard & Poor's today (Oct 4, 2005) said Indian banks were financially stronger than Chinese banks although some of the China-based banks have higher credit ratings.
Sensex breaches 8800 level mark, hits new peaks The unprecedented stocks dream run today (Oct 4, 2005) gathered further momentum, breached the 8800 level and surged to new peaks, spurred by robust economic fundamentals amid sustained Foreign Institutional Investors (FII) inflows with hardly any negative sentiments to abort the rally.
Airtel announces Rs 400 cr growth plan for K'taka Airtel, a leading mobile services provider, today (Oct 4, 2005) announced a Rs 400 crore growth plan for Karnataka during 2005-2006 for expansion of its services.
Corporation Bank launches centenary gold coin today Mangalore-based Corporation Bank, first among the public sector banks (PSB) to import gold, today (Oct 4, 2005) launched its centenary gold coin heralding the festive season.
Bull-run kicks Sensex past 8,800 for first time Unstoppable bulls kicked up the Bombay Stock Exchange's benchmark Sensex past the 8,800 points barrier in early trade as foreign and domestic institutional investors bought heavily in auto and technology stocks.
Secure Synergy Security Strategist Award for Mphasis Mphasis, a leading provider of IT and BPO solutions, today (Oct 4, 2005) announced that the company has been selected for the Secure Synergy Security Strategist 2005 award in the IT & ITES category.
Jet to induct 12 Boeing 737s to expand domestic fleet Jet Airways will induct 12 Boeings 737 planes in the next 20 months to augment its domestic fleet strength, Chief Operating Officer Peter Luethi said today (Oct 04, 2005).
Sensex rallies to new peak-8700 pt in early trade Despite indications of a slowdown in FII activity, the Bombay Stock Exchange Benchmark 30-share Index (Sensex) today (Oct 04, 2005) opened past 8700 level and spurted to a new peak of 8774.89 during early trade driven by excellent Q2 corporate performance and strong economic fundamentals.
INTERNATIONAL Oil prices retreat; US to free emergency stockpiles Oil prices retreated in Asian trade today (Oct 04, 2005) on speculation the United States would release its emergency stockpiles to cover production lost in the aftermath of Hurricanes Katrina and Rita, dealers said.
Coal rich India, US can attain energy independence India, China and the United States are among very few countries in the world, which can easily attain energy independence by substituting synthetic fuel obtained from petroleum with coal, an expert has said.
