NATIONAL Sensex plunged below 10, 000 points: Stock Market After tottering above the 10,000 points level for a while, the Bombay Stock Exchange benchmark sensex plunged below the magical figure for the first time today (Feb 17 2006) to the day's low of 9,970 points on aggressive selling by funds to book profits.
Kalam urges IT to aim at 50 per cent President A P J Abdul Kalam today (Feb 17 2006) urged the Indian IT industry to aim at 50 per cent of the total world IT market and increase IT revenues to USD 200 billion by 2010.
Government to list large, profitable CPSUs Making sure its disinvestment programme conforms to the National Common Minimum programme, the UPA government proposes to list large profitable central public sector undertakings (CPSUs) on domestic stock exchanges and go for minor equity selling in listed profitable and non-Navratna PSUs.
Rupee tumbles to new 1-month low against USD The Rupee slide today (Feb 17 2006) continued unabated, tumbling to a new over one-month low of Rs 44.41/42 per dollar, pulled down by sustained heavy dollar demand amid a robust dollar overseas with the outlook slightly uncertain due to a slow-down in FII inflows.
