EXPRESSINDIA.COM The Indian Express Group _________________________________________________________________ The Financial Express daily newsletter Edition of Saturday, August 28, 2004 _________________________________________________________________ ********************* THE FINANCIAL EXPRESS ********************* TODAY'S TOP STORIES ******************* Inflation Rate Softens To 7.94% Prices of vegetables shot up 11 per cent even as the annual rate of inflation on a point-to-point basis softened slightly to 7.94 per cent for the week ended August 14. The rate of inflation in the previous week was 7.96 per cent. Although the index of food items led by vegetables increased 0.9 per cent, its impact on the overall index was neutralised by a 7.4 per cent decline in the index for minerals. http://www.financialexpress.com/fe_full_story.php?content_id=67156 _______________________________________________________________ Big Daddy BSNL Drops Rate Bomb On Telco Davids Telecom rates crashed on Friday with Bharat Sanchar Nigam Ltd, India�s largest telecom provider, slashing STD and cell tariffs by nearly a third. Making an outstation call from across BSNL networks (inter-circle and intra-circle) will get cheaper by 33 per cent. http://www.financialexpress.com/fe_full_story.php?content_id=67157 _______________________________________________________________ Welcome To The Honest Zero% Ride It�s raining zero per cent car loan schemes this monsoon. Car samurais are trying to push sales and brands like Ford Ikon and Hyundai Accent are eager beavers. http://www.financialexpress.com/fe_full_story.php?content_id=67158 _______________________________________________________________ Poverty Rate Increases Among Asians In US The poverty rate among Asians in the United States has increased even though they are relatively better off than other foreign-born populations, acording to a government survey. http://www.financialexpress.com/fe_full_story.php?content_id=67159 _______________________________________________________________ Cracks Surface In Cement Industry Whether or not truckers buckle under pressure in the war of nerves with the government and call off their six-day long strike, one industry that�s beginning to crack under pressure is cement. http://www.financialexpress.com/fe_full_story.php?content_id=67160 _______________________________________________________________ BOTTOMLINE: Hoping To Be Of General Interest Exactly two years ago, Matiz cars stopped coming off the assembly line at the Daewoo Motors plant at Surajpur. What followed for its 1,400-odd employees was a taste of a globalised environment where bankruptcy, merger and acquisition have to be taken in one�s stride. http://www.financialexpress.com/fe_full_story.php?content_id=67161 _______________________________________________________________ /------------------------ advertisement ------------------------ No 1 Indian Matrimonials - 550,000+ members, 150,000+ photo profiles, 16,000+ successful matches! Register & Contact members for FREE!! http://ads.expressindia.com/adsnew/adclick.php?bannerid=400&zoneid=63&source=&dest=http%3A%2F%2Fwww.shaadi.com%2Findex.php%3Fptnr%3Dieom ------------------------ advertisement ------------------------/ Edits & Columns ******************* The Emperor�s New Clothes The Central Provident Fund Commissioner, Ajai Singh, has reportedly been shown the door for his temerity in questioning the existing order of things. http://www.financialexpress.com/fe_full_story.php?content_id=67138 Strategies For Combating Poverty In India The greatest challenge before India today is combating mass poverty and making lives of ordinary people bearable. If dignity is denied to an Indian in 2004 AD, and people are forced to be hungry even as foodgrains are rotting in warehouses, then that is unacceptable. http://www.financialexpress.com/fe_full_story.php?content_id=67141 A Celebration Of Rampant Mediocrity If India were described as a meritocracy, it would make us all proud. And, with a little effort, political and administrative will, this country could well become one. http://www.financialexpress.com/fe_full_story.php?content_id=67142 More in Edits & Columns at http://www.financialexpress.com/edits&columns.html _______________________________________________________________ Investor ******************* Exchanges Suggest Additional Stocks For Inclusion In F&O List http://www.financialexpress.com/fe_full_story.php?content_id=67196 Consumer Durable Stocks Perk Up In July, Aug On Monsoon Revival http://www.financialexpress.com/fe_full_story.php?content_id=67197 Sensex Sheds 18 Pts On Profit Booking http://www.financialexpress.com/fe_full_story.php?content_id=67198 More in Investor at http://www.financialexpress.com/investor.html _______________________________________________________________ Money & Banking ******************* Reddy Allays Inflation Fears http://www.financialexpress.com/fe_full_story.php?content_id=67162 Bonds Rally As Interest Rate Hike Fears Recede http://www.financialexpress.com/fe_full_story.php?content_id=67163 IDBRT Launches NFS To Link ATMs http://www.financialexpress.com/fe_full_story.php?content_id=67164 More in Money & Banking at http://www.financialexpress.com/money&banking.html _______________________________________________________________ Economy ******************* Truckers Stir Likely To End http://www.financialexpress.com/fe_full_story.php?content_id=67171 Crisil Revises Forecast For �04-05 http://www.financialexpress.com/fe_full_story.php?content_id=67204 More in Economy at http://www.financialexpress.com/economy.html _______________________________________________________________ Politics ******************* Gaur Forms 32-member Ministry In Madhya Pradesh http://www.financialexpress.com/fe_full_story.php?content_id=67170 Parties Told Not To Disrupt Parliament http://www.financialexpress.com/fe_full_story.php?content_id=67172 Nath, Tytler Deny Role In �84 Riots http://www.financialexpress.com/fe_full_story.php?content_id=67173 More in Politics at http://www.financialexpress.com/politics.html _______________________________________________________________ Corporate ******************* Voltas Inks Contract Mfg Pact With Haier http://www.financialexpress.com/fe_full_story.php?content_id=67174 Apollo Hospitals To Get Accreditation From Joint Commission International http://www.financialexpress.com/fe_full_story.php?content_id=67175 Electrolux Plans Split AC Below Rs 10,000 http://www.financialexpress.com/fe_full_story.php?content_id=67179 More in Corporate at http://www.financialexpress.com/corporate.html _______________________________________________________________ Commodities ******************* US Likely To Hit Smallest Farm Trade Surplus Since �72 Over Rising Agri Imports http://www.financialexpress.com/fe_full_story.php?content_id=67203 More in Commodities at http://www.financialexpress.com/commodities.html _______________________________________________________________ Fe World ******************* How A Chinese Fishing Village Became A Moneyspinner http://www.financialexpress.com/fe_full_story.php?content_id=67191 Making Geeks EU-friendly http://www.financialexpress.com/fe_full_story.php?content_id=67193 Oil Crisis Will Hit All Of Asia http://www.financialexpress.com/fe_full_story.php?content_id=67194 More in Fe World at http://www.financialexpress.com/feworld.html _______________________________________________________________ News ******************* Defence Ministry To Seek More Funds http://www.financialexpress.com/fe_full_story.php?content_id=67205 Tour Operators To Meet FM On Service Tax Withdrawal http://www.financialexpress.com/fe_full_story.php?content_id=67206 Oman To Host 2nd GCC-India Ministerial Meet In 2006 http://www.financialexpress.com/fe_full_story.php?content_id=67207 More in News at http://www.financialexpress.com/news.html _______________________________________________________________ >From The South ******************* Railways Cashes In On Truckers Strike http://www.financialexpress.com/fe_full_story.php?content_id=67211 More in From The South at http://www.financialexpress.com/fromthesouth.html _______________________________________________________________ ********************* INDIA INC ********************* Reshaping An Industry Inside Out http://www.financialexpress.com/fe_full_story.php?content_id=67145 More McDonald�s In China Than In India? http://www.financialexpress.com/fe_full_story.php?content_id=67148 Merging For A Global Dream http://www.financialexpress.com/fe_full_story.php?content_id=67146 More in India Inc at http://www.financialexpress.com/inc/inc_index.html **************************************************************************************** Visit us at http://www.expressindia.com for indepth coverage of news from around India, updated round the clock. 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