NEW DELHI: Global ratings agency Fitch on Friday said the Supreme Court’s decision to cancel 122 telecom licences will hit the profitability of banks that had extended credit to these companies by up to 10 per cent.
Business
Two-day ‘Property Panorama’ in city
PANAJI: Goa Property Panorama 2012 will be held at Hotel Fidalgo, Panaji on February 4 and 5 from 10 a.m. to 8 p.m. The two-day exposition will showcase projects from the leading property developers under one roof to offer the choicest of homes at competitive prices to the property buyers and investors.
Wetlands Day observed by Goa Tourism
PANAJI: The Department of Tourism, to mark the World Wetlands Day on Thursday held a seminar under the theme ‘wetlands and tourism’ at the Institute of Hotel Management, Porvorim.
Mr Gaurish Dhond, president, Travel and Tours Association of Goa said,
Late buying helps Sensex end 173 points up to 14-week high
MUMBAI: Late buying helped the BSE Sensex log gains for the fourth session in a row today, up 173 points to 14-week high of 17,605 on sustained FII buying in bluechips amid firm trends in the global markets.
Indian economy will grow 7-7.5 per cent in 2011-12: PM
NEW DELHI: India’s economic growth will decline in the range of 7-7.5 percent in the current financial year ending March 31 as compared to 8.4 percent expansion in the previous year, Prime Minister Dr Manmohan Singh said Friday.
Manufacturing, infrastructure, energy sectors need fresh impetus: Industry
New Delhi: Industry body ASSOCHAM today emphasised the need for new impetus to manufacturing sector, boost in physical and social infrastructure with large doses of investments and tax relief.
2G verdict not to heavily impact customers, auction preferred: TRAI
NEW DELHI: Telecom regulator TRAI today said there will not be much impact on customers due to cancellation of 122 licenses of eight companies, as around 95 per cent of total subscribers belong to 2G operators which got licences before January 2008.
Fifty years down the line: Goa at crossroads
BY tensing rodrigues
A month and half back Goa completed fifty years of independence from colonial rule. And here we are facing an existential question : To be or not to be what we have been during the last fifty years.
Sensex at 3-month high; gains 131 points
MUMBAI: Making gains for the third day in row, the BSE Sensex reached 3-month high of 17,431.85, up over 131 points on sharp rise in Bharti Airtel as well as IT, metals and capital goods stocks amid positive overseas markets as major global economies showed signs of growth.
Cannot target inflation: RBI
MUMBAI: The Reserve Bank of India on Thursday said that it can not work as inflation changer, as it will not serve the best interest of macroeconomic management.




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