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India wins dispute with EC
NEW DELHI, DEC. 2.In a major relief to exporters, India has won a case at the World Trade Organisation (WTO) against the European Communities (EC) providing special tariff preferences to Pakistan and 11 other developing countries. The EC had ...
Export growth slows
NEW DELHI, DEC. 2. The trade deficit has more than doubled to $9.2 billion in the first seven months of the current fiscal (April-October 2003-04) from $4.4 billion at the same period last year. This is a result of imports outpacing exports over ...
RBI moots Market Stabilisation Fund
MUMBAI, DEC. 2.The Reserve Bank India Working Group on Instruments of Sterilisation proposed to the Government to set up a `Market Stabilisation Fund,' in the Public Account, in view of the shortage of stock of Government of India Securities ...
Oil PSEs' retail scheme for kerosene
NEW DELHI, DEC. 2. Public sector oil companies will now meet the needs of bulk kerosene users who have been affected by the ban on the ten-year old parallel import and marketing system. The companies will form a separate ...
Shell, RIL, Essar to set up petrol stations
NEW DELHI, DEC. 2.Petrol and diesel retailing is set to see a major change next year when private and multinational companies will begin selling petrol and diesel. Reliance Industries, Essar Oil and Royal Dutch/Shell will break the public ...
Fifth straight rise in Sensex
MUMBAI, DEC. 2. The Sensex neared the 44-month high at close after breaking 5200-mark during trading, in volatile and stock-specific activity on the Stock Exchange, Mumbai, here today on alternate bouts of buying and selling. Moving in a wide ...
Rupee extends gains
MUMBAI, DEC. 2. The rupee closed three-and-half paise stronger against the dollar at 45.69/70 today, maintaining its firm trend on the fourth straight session, amid robust trade and capital dollar inflows and muted intervention by the state-run ...
Other Stories

  • DPC restart: SC asks GE, Bechtel to respond
  • IOC Mauritius to market fuels in Feb.
  • Henkel bets on India, China
  • Honda Siel's sales rise
  • Cognizant buys out Infopulse


    Barometer
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    Briefly
    Titan to foray into Pakistan
    CHENNAI, DEC. 2. Titan Industries is gearing up to export watches to Pakistan, a senior executive disclosed here today. "We are just waiting now to board the flight to Pakistan... The company has already completed market assessment studies and ...
    Aviva to move jobs to India
    LONDON, DEC. 2. Norwich Union Insurance, a unit of Britain's largest insurance group Aviva plc, today said it would move 2,350 jobs to India. The company said it would shift around 350 U.K. call-centre jobs and 2,000 in processing, administration ...



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