Financial Daily from THE HINDU group of publications
Friday, June 03, 2005
Markets (July 26)
BL 2502331.81 (+6.53)
BSE Sensex7552.77 (+47.17)
S&P CNX Nifty2303.15 (+11.40)
US Dollar (Buy/Sell)43.44/43.57
Gold Std (10 gm)6050

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Petro product price hike imminent — GAIL objects to LPG, kerosene subsidy burden
THOUGH the Government is all set to increase petrol and diesel prices and possibly heed the Left parties' demand to spare kerosene and LPG from any major price hike, at least one public sector company — GAIL India Ltd — has written an ... More

34 pc growth in software, services exports
CONTINUING its growth momentum on the back of strong off-shoring interest, the country's software and services exports were expected to grow by 30-32 per cent in 2005-06, said the National Association of Software and Service Companies (Nasscom) ... More

MS launches Windows Starter Edition with PC at Rs 18,900
IN a move to target the first time users and make PCs more affordable, Microsoft today announced the launch of its personal computer with Windows XP Starter Edition in Hindi, priced at Rs 18,900, in India. It has tied-up with the State Bank of ... More

Bull run trips over metal, oil price worries
BULLISHNESS in stock market hit a roadblock on Thursday with metal and oil prices adding to the worries of the bourses. The benchmark indices, Sensex and Nifty, shed 1.10 per cent each during the day's trading, while BSE's Metal index lost 2.26 ... More

Spreading services in rural areas — RBI proposes two business models
BANKS may soon be allowed to use business correspondents for disbursal of credit and collection of interest, in the rural sector. This is one of the recommendations of the Reserve Bank of India's Internal Group on Rural Credit and Micro Finance. ... More

Edible oil imports top 5 lakh t in May
FOR the second month in a row, edible oil imports into the country topped five lakh tonnes (lt). As per the preliminary import data compiled and made available to Business Line by the industry portal, the month of May ... More


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