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Tuesday, May 25, 2004

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Chidambaram bets on reforms — To focus on investments in manufacturing, farm sectors
THE country's new Finance Minister, Mr P. Chidambaram, said on Monday that the United Progressive Alliance (UPA) Government would go ahead with the reform process and attempt to further consolidate the economy through catalysing massive public ... More

DMK nominees not to assume office till portfolio issue is resolved
THE DMK on Monday maintained that its seven nominees in the Union Cabinet will not assume office till the portfolios promised to the party were given to it, despite discussions between the Congress (I) and the party representatives in Delhi and a ... More

Marketmen prefer to be cautious — Amidst `Chidambaram honeymoon'
EVEN though BSE gave Mr Chidambaram a 161-point salute on Monday, evidently champagnes are not being uncorked yet. The new Finance Minister's past record is a relief but the wounded markets prefer to remain stoic about the future. The market is ... More

Market cheers; Sensex gains 161 points
STOCK markets today greeted the appointment of Mr P. Chidambaram as the Finance Minister with the indices surging upwards. This positive trend was sustained throughout the day on value buying. At the close of trading today, the BSE Sensex ... More

Toothpastes lead FMCG sector squeeze
Colgate Dental Cream continued to be the clear leader in toothpastes, with 36.1 per cent value share of the market, with Pepsodent a distant second at 13.2 per cent. More

Take Laloo's word: Kullhar to replace plastic cups in trains
FORGET plastic cups, the next time you travel by train, you will be served tea in a "kullhar", the environment-friendly earthen cups which have lost favour in the recent years. Mr Laloo Prasad Yadav took over as Railways Minister today ... More

Banks gear up to bring down net NPA levels
MOST banks are expected to bring down their net non-performing assets to less than one per cent by the end of this fiscal year on the back of treasury profits. Banking sources said that the Reserve Bank of India has already been persuading all ... More

Disinvestment Ministry officials waiting for the inevitable
DISINVESTMENT Ministry officials are "hanging in the air" as the newly sworn-in Congress-led United Progressive Alliance (UPA) Governmenthas not named any minister to head the Ministry, which has now become an outcaste of sorts in the new ... More




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