NATIONAL Bangalore Metro project gets Rs 1,699 cr from Japan After Delhi Metro, Japan today (Mar 31, 2006) agreed to fund the Bangalore Metro project, clearing the first instalment of Rs 1,699 crore for the city rail transport estimated to cost Rs 5,300 crore.
Sensex snaps five-day bull run, dips by 27 points The stock market snapped a five-day long winning streak and today (Mar 31, 2006) ended 27 points down in high volatility on alternate bouts of buying and selling even as the volume touched a historic high following a large block deal in heavyweight counter Reliance Industries Ltd (RIL).
Drastic reduction in Bihar's VAT: Sushil Kumar Modi In a bid to bring uniformity in Value-Added Tax with neighbouring states of Jharkhand and Uttar Pradesh and shore up its revenue, the NDA government has effected a drastic cut on VAT on more than 100 items from 12.5 per cent to 4 per cent while making 27 odd items free from the tax.
AAI to sign OMDA on Delhi airport modernization Going ahead with the privatisation of Delhi and Mumbai airports, the Airports
Authority of India (AAI) will sign the operation, management and development agreement (OMDA) with its private joint venture partners next week.
Interest rates to remain attractive: P Chidambaram Government today (Mar 31, 2006) said interest rates will remain attractive to depositors as well as borrowers and the Reserve Bank would address the issue of shortage of lendable money in the system.
India's external debt declined by 4 pc to $119.2 bn India's external debt declined by five billion US dollar to 119.2 billion dollar at the end of December 2005 from the previous quarter ending September following the redemption of India Millennium Deposits.
Rupee rallies smartly against US$ in early trade The Rupee rallied smartly against the US currency early today (Mar 31, 2006) on sustained strong FII inflows amid a retreating dollar overseas in cautious trade at the Interbank Foreing Exchange (forex) market ahead of crucial inflation data.
Sensex rises to new peak of 11,352.06 in high volatility The Bombay Stock Exchange Benchmark 30-share Index (sensex) today (Mar 31, 2006) met with resistance after rising to yet another new peak of 11,352.06 and was quoted marginally lower at 10.30 am in high volatility in line with alternate bouts of buying and selling.
INTERNATIONAL ONGC among the 33 Indian companies on Forbes list Oil and Natural Gas Corporation leads the pack of 33 Indian companies, mostly in banking and software sectors, which have found place on Forbes magazine's coveted list of top 2000 corporate titans across the world.
