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GDP soars 10.4 pc in 3rd quarter — Farm sector expands 16.9 pc; industry, services too post robust growth
THE economy is seemingly on a roll, with the country's gross domestic product (GDP) registering a 10.4 per cent year-on-year growth during the third quarter of 2003-04. This is over and above the growth rates of 5.7 per cent and 8.4 per cent for ...
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Rupee breaches 44 mark vs $
EVERY trading day seems to mark a new closing high for the Indian rupee. The domestic currency touched a near four-year high with the deluge of dollar supply to end the day at 43.60/65 in its value against the dollar. The currency gained 46 paise ...
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Markets end fiscal 2003-04 on positive note; Sensex gains 70
THE bourses went up on Wednesday marking the end of the financial year on a positive note. The BSE Sensex gained 70 points to close at 5590.60. On the National Stock Exchange, the S&P Nifty closed at 1771, a 1.24 per cent gain over Tuesday's ...
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Block deals in UTI Bank shares
UTI Bank's shares witnessed block deals involving 88.3 lakh shares (3.83 per cent stake) worth Rs 127 crore in the early half of the trading day with two FIIs, Capital Research & Management Company and T Rowe Price International Inc, picking up .
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IDFC MD Munjee's resignation accepted
THE Chairman of Infrastructure Development Finance Company (IDFC), Mr. Deepak S. Parekh, on Wednesday accepted the resignation of the company's Managing Director and Chief Executive Officer, Mr. Nasser Munjee. Mr Munjee, who had put in his ...
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Japan to extend Rs 5,270-cr loan
INDIA is now the largest recipient of yen loan assistance from Japan replacing China. The Government of Japan on Wednesday agreed to extend official development assistance (ODA) to India, in the form of soft loans totalling Rs 5,270 crore (125 ...
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