NATIONAL Chidambaram says, no hike in interest rates on loans Amid upward pressure on rates and squeeze on liquidity, Finance Minister P Chidambaram today (Nov 18, 2005) said there will be no hike in interest rates particularly on loans given for productive purposes this fiscal.
US consular sections hikes visa fees for Indians The United States' consular sections in India today (Nov 18, 2005) announced a hike in their service fees following recent depreciation in rupee value against the dollar.
Planning Commission asks SEBs to hasten reforms With a whopping Rs 28,000 crore of losses reported on account of power subsidy, Planning Commission has asked the State Electricity Boards to pull up their socks and hasten power reforms.
No information on disinvestments, stock split: SCI A day after Shipping Minister T R Baalu announced that the Government would divest 15 per cent stake in Shipping Corporation of India and go in for stock split, the state-owned company today (Nov 18, 2005) denied any information on the matter.
'Agriculture to be linked with farmer's income' India should evolve an agriculture growth model that links increase in food grain production to income of farmers to better understand their economic status, an eminent agriculture scientist M S Swaminathan said.
Sensex high by 37 pts at 8686 level on heavy buying A steep rally in auto and cement counters, pushed the Sensex up by 37.13 points to end at 8686.65 and extended its rising streak for the sixth straight sessions today (Nov 17, 2005) on the Bombay Stock Exchange (BSE) on sustained heavy buying on the back of firm global advices.
Mohanbir Sawhney joins as a director of EXL Board Business Process Outsourcing Company ExlService Holdings has announced the appointment of world-renowed management expert Mohanbir Sawhney as a director on the company's board.
'S Asia, India can grow by 8-9pc with higher trade' Pitching for an early South Asian trading block, World Bank today (Nov 18, 2005) said the region, especially India, can grow by 8-9 per cent in the coming years with higher regional trade, better investment climate and infrastructure.
IA, AI to offload 20 pc stake through IPOs in 2005 Public sector carriers Air India and Indian Airlines would not offload more than 20 per cent of their equity in their proposed Initial Public Offer (IPO) slated to be announced within this fiscal.
Sensex rallies by 58 points in morning trading The sensex today (Nov 18, 2005) rallied by 58 points during the opening session on the Bombay Stock Exchange (BSE) due to increased buying spree in key index-based shares and was quoted at 8707.32, just 101.51 points lower than the all-time high of 8808.83 points recorded on October 4.
