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INTERNATIONAL
High pricing Enron pulls out of Gulf project
Abu Dhabi: US oil major Enron Corp has pulled out of a project to deliver Qatari gas to the United Arab Emirates (UAE), the partners in the multi-billion-dollar venture announced.
NATIONAL
Fears of instability causes fall in BSE index
Bombay: Share prices on the Bombay Stock Exchange (BSE) fell 0.4 per cent on Monday on fears of political instability as a key ally of the ruling coalition threatened to quit the government, brokers said. The 30-share BSE sensitive index closed down 14.73 points at 3,655.03.
Wheat trade row not to affect Indo-Iraq ties
Dubai: India's trade ties with Iraq continue even though a row in wheat trade has recently created a rift between the two countries.
MTNL to offer personalised tariff packages
New Delhi: Mahanagar Telephone Nigam Ltd (MTNL) is planning to come out with ''introductory'' tariff packages to meet individual customer requirements.
AES Corporation does an Enron in Orissa
Bhubaneswar: Even as the US based Enron Corporation is contemplating pulling the plug on a controversial power project in Maharashtra, another US energy major – AES Corporation, has decided to close down one of its two power generating units in Orissa due to non-payment of electricity dues.
Pak highlights India’s role for economic growth
Islamabad: Finance Minister Shaukat Aziz has underscored the importance of resolving what he called the "geopolitical issues" with India for Pakistan's economic development.
Deregulation of petroleum to affect common man
New Delhi: As India moves towards complete deregulation of the petroleum sector from April 2002, the government is yet to decide how the existing subsidies on kerosene and cooking gas would be cut without hiking their prices.
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