Online edition of India's National Newspaper
Tuesday, July 01, 2003
Overall balance shows $17b surplus in 02-03
MUMBAI, JUNE 30.The Reserve Bank of India today released the revised balance of payments (BoP) position for 2002-03 and the overall balance showed a surplus of $17 billion in 2002-03 compared with a surplus of $11.8 billion 2001-02, excluding ...
S&P's India outlook negative
MUMBAI, JUNE 30.Standard & Poor's Ratings Services today affirmed its `BB/Negative/B' foreign currency and `BB+/Negative/B' local currency sovereign ratings for India. In a press release, it says, the outlook is negative reflecting continuing ...
Intel launches new processors
BANGALORE, JUNE 30.Intel today introduced here, as part of its worldwide launch, the new Itanium 2 processors and Intel Xeon processors MP, for high-end enterprise computing. Terming the new processors "do more with less'' enterprise ...
Revised norms show higher FDI inflow
NEW DELHI, JUNE 30.With the Government deciding to change the composition of what constituted `foreign direct investment' (FDI) into India, there has been an increase of $2.08 billion inflow into the country on account of FDI during 2002-03. ...
Sensex breaches 3600-mark
MUMBAI, JUNE 30. Riding piggyback on a selective stocks rally, the Sensex breached the 3600-level and ended at a 15-1/2-month high at 3607 on the Bombay Stock Exchange here on Monday on unabated buying by operators and fresh purchases from ...
Rupee tumbles 7 paise to $46.46
MUMBAI, JUNE 30.The Indian currency weakened considerably against the U.S. currency on Monday, undergoing a sharp downward correction on renewed dollar purchases by State-run banks and partly dragged down by residual month-end dollar demand. ...
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