The Hindu Business Line : Sunday, December 11, 2005

Govt decision to allow foreign flag vessels — Petronet LNG calls for re-bids to haul gas
PETRONET LNG has quashed the bids submitted by Varun Shipping, Great Eastern Shipping and Shipping Corporation of India, along with their consortium partners, for chartering an LNG tanker for a period of 25 years. This follows a Government ... More

Govt cautious on growth projections: Chidambaram
Blames sluggishness in coal, power
GROWTH sluggishness in the vital sectors of coal and electricity has made the Government a little more cautious in making higher GDP growth projections (more than the projected overall 7 per cent) for the second half of the current fiscal, while ... More

Gold, silver imports by banks drop as prices rise
IMPORTS of gold and silver by banks fell in the recent months and bankers and analysts attribute this to the galloping prices. Some banks said that there has been a 20 per cent fall in import in terms of volume in the third quarter of the ... More

BSNL planning Rs 800-cr undersea cable to West Asia
IN a move that could further erode Tata-managed Videsh Sanchar Nigam Ltd's international long distance business, State-owned Bharat Sanchar Nigam Ltd is embarking on a Rs 800-crore plan to lay an undersea cable linking India and West Asia. The ... More

Fanoos havoc
A farmer displaying paddy damaged by water-logging of his fields in Thanjavur district on Saturday. Heavy rains under the influence of cyclonic storm `Fanoos' have inundated many parts of Thanjavur and Nagapattinam districts in Tamil Nadu. The ... More