The Hindu Business Line : Wednesday, January 01, 2003

Economy shrugs off drought impact — GDP growth touches 5.9 pc in first half
THE Indian economy seems well poised to achieve a growth rate of around 5.5 per cent during 2002-03, notwithstanding the impact of drought and the sluggish performance of the farm sector. According to the latest quarterly estimates of gross ... More

Cargill eyes commodity bourses
IN what could be termed as the first sign of global thumbs up for commodities futures trading in India, the US commodities giant, Cargill, plans to trade on various commodities exchanges. The US firm's participation will be through its 100 per ... More

Forex reserves bloat but `quality' a worry
There is also a school of thought in the banking community that believes the rise in reserves could be stifled "if there were to be an upswing in the global economy and a subsequent hardening in global interest rates." More

Will the consumer become king this year?
SO you are ready with your resolutions for the New Year? Well, if cutting down spending is one of them, you may well be able to live up to your resolution during 2003, for; this year promises to offer plenty of economical extravaganzas. From ... More

Infosys seeks FIPB nod for ADR issue
INFOSYS Ltd has filed an application with the Foreign Investment Promotion Board seeking approval for its plan to sponsor an internal American Depository Receipts (ADRs) offering against existing equity shares held by domestic ... More

Current account surplus for fourth consecutive quarter
INDIA has reported a current account surplus for the fourth consecutive quarter, with the surplus at Rs 6,520 crore for the quarter July to September 2002, and at Rs 8,112 crore for the half-year ended September 2002, according to RBI figures ... More

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