The Telegraph - Calcutta : Business

| Thursday, April 01, 2004 |

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Quarterly growth scores a perfect 10

In the run-up to the national elections, the BJP-led government today announced an unusually high GDP growth of 10.4 per cent for the third quarter of this financial year on the back of a slight sleight of hand with national statistics. ... | Read..

Economists not sure good run will last

Economists see little chances of the economy sustaining a double-digit growth rate in 2004-05 as the magic of a good farm gr ... | Read..

Bruised exporters take heart from rising Asian currencies

The concerns over a rising rupee have to be tempered with the realisation that all major Asian currencies also hardened agai ... | Read..

Rupee at four-year high

The financial year 2003-04 ended with a bang for the rupee as the currency, armed with robust foreign fund inflows, c ... | Read..

Balmer Lawrie to rejig workforce

Balmer Lawrie has drawn up plans to ‘right-size’ its workforce and increasingly go in for business process outsourcing (BPO) ... | Read..

Quarterly growth scores a perfect 10

Sensex

5590.06

+70.16

Stock Indices

BSE-100	2966.31	(+30.00)
S&P CNX Nifty	1771.09	(+21.75)

Transfer error not yet fixed
Allotment problems in the ONGC issue were festering even today amid claims from bidders that new sh.. | Read..

Sebi to probe ONGC share allotment fiasco
The Securities and Exchange Board of India (Sebi) will investigate the over-allotment of shares to .. | Read..

Stocks end fiscal on an upbeat note

The Bombay Stock Exchange (BSE) sensex signed off with a 70-point gain fuelled by local institution.. | Read..

Rediff signs strategic pact with Yahoo

Rediff.com India and Yahoo! India, arch rivals in the internet portal space, today announced a stra.. | Read..

Bata slips deeper into red

Several rounds of restructuring could not keep shoe-major Bata India from getting sucked deeper.. | Read..

PTC ups rates, power board to pay more

The West Bengal State Electricity Board (WBSEB) will have to pay more to buy power from Power Trad.. | Read..

India beats China in BPO

India received a shot in the arm for its outsourcing business even as the US backlash against o.. | Read..

Linc scripts plan for new plant in Bengal

Linc Pen and Plastics Limited has acquired a property to set up its second manufacturing plant .. | Read..

Wipro-Infy technology support for Vijaya Bank

In a rare joint appearance, Wipro chairman Azim Premji and Infosys chief mentor N. R. Narayana M.. | Read..

SAIL creates output record

Public sector giant Steel Authority of India Ltd (SAIL) has closed the financial year 2003-04 w.. | Read..

MARKET WATCH

Mutual Funds

Monetary policy on May 18

Share Prices

Name	BSE	NSE
HLL	154.25 (+3.75)	154.04 (+3.85)
ITC	1041.04 (-8.05)	1043.01 (-7.35)
Infosys	4938.15 (-99.75)	4938.02 (-100.15)
Reliance	538.05 (+10.85)	538.05 (+10.09)
Wipro	1359.35 (-17.35)	1361.02 (-16.05)
Zee	134.02 (+0.00)	133.95 (-0.03)

Foreign Exchange

US $1 : Rs 43.65	UK £1 : Rs 79.97
Euro : Rs 53.29	Yen 100 : Rs 41.97
HK $1 : Rs 5.06	SW Fr1 : Rs 34.05
Sing $1 : Rs 25.85	Aus $1 : Rs 33.05

Bullion

Bombay
Gold Std (10gm)	Rs. 6110
Gold 22 Carat	Rs. 6065
Silver bar (1kg)	Rs. 11770
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6165
Gold 22 Carat	Rs. 5820
Silver bar (1kg)	Rs. 11600
Silver Portion	Rs. 11700