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Thursday, January 01, 2004

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GDP growth surges 8.4% in Q2 — Strong performance in a decade aided by farm, industry
As per the latest estimates of GDP released by the Central Statistical Organisation, GDP at factor cost at constant (1993-94) prices for Q2 of 2003-04 is estimated at Rs 3,23,414 crore, against Rs 2,98,345 crore in Q2 of 2002-03. More

Current a/c turns surplus at $500 m
THE country's current account registered a surplus of $0.5 billion in the July-September quarter as compared to a deficit of $1.2 billion in the previous quarter. Prior to that the country had witnessed surplus positions for six consecutive ... More

Bharti `all set' to acquire Escotel — First Pacific Company may also sell out stake
BHARTI Tele-Ventures Ltd, flagship company of the Bharti group, is learnt to have wrapped up a deal with the Escorts group to acquire its majority stake in Escotel Mobile Communications Ltd that offers GSM cellular services in Haryana, Kerala and ... More

Petrol, diesel prices go up
THIS new year, consumers will have to shell out Re 1 to Rs 1.20 more per litre of petrol and diesel, as prices across Delhi, Mumbai, Kolkata and Chennai have been hiked from midnight today. The prices will vary from State to State as per local ... More

`Feel-good factor is for real'
NO year in recent history has ended and another begun at such a rich note as this. Year 2003 has ended with a GDP growth of over six per cent in the last quarter, foreign exchange reserves of over $100 billion, a balance of payment surplus that ... More

External debt up $7.84 b in first half
THE country's external debt has gone up by $7.84 billion during the first half of the current fiscal. According to the Finance Ministry, the total debt stock as on end-September 2003 amounted to $112.54 billion, compared to the end-March 2003 ... More




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