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Business Briefs

Inflation at 5.56%

New Delhi, March 30: With the Iraq war showing no signs of abatement, inflation in India continued to climb yet another high of 5.56 per cent for the week ended March 15 due to price rise in manufactured products brought about by steep hike in domestic fuels' prices in the previous week.

Dabhol meet

Mumbai, March 30: A high-powered steering committee of the Indian and foreign lenders to Dabhol Power will meet for two days in Singapore, beginning April 1, to discuss and sort out differences over the restructuring and restart of the plant.

Nasscom plan

New Delhi, March 30: Nasscom wants to serve as an ‘independent referral point’ for embassies in the verification of visas after the ordeals faced by software professionals abroad.


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