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INDIA-H  November 2001

INDIA-H November 2001

Subject:

India Network Headline News - Nov. 29, 2001

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Editor <[log in to unmask]>

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Date:

Thu, 29 Nov 2001 09:39:31 -0500

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                  The India News Network Headline News
**************************************************************************
             Visit our Web Site at http://www.indnet.org/health
For Visitor/Student/ Temp Workers Group Health Insurance Plan - Specially
designed by the India Network Foundation, Inc. for its members.
**************************************************************************

Opposition firm: no questions to Fernandes
New Delhi, Nov. 28. The Lok Sabha Speaker, Mr. G.M.C. Balayogi, has
decided to consult party leaders tomorrow to resolve the issue related to
the censure motion against the Defence Minister, Mr. George Fernandes,
even as a determined Opposition continued to embarrass the Minister,
refusing to put any questions to him.

SC deadline to States on BPL families
New Delhi, Nov. 28. The Supreme Court today directed all the States and
Union Territories (UTs) to identify by January 1 next, families living
below the poverty line (BPL) as well as the beneficiaries under the
various Centrally-sponsored schemes for giving them relief.

Motives, means of Tehelka expose to be probed: Panel
The decision comes in the wake of Govt allegation that the sting operation
was "financially motivated".

Laloo moves SC for bail
The petition filed through his advocate states that Yadav had been granted
bail in three fodder scam cases pending at a Patna court.

Enron Corp near collapse
Humbled energy trader Enron tottered at the edge of one of the biggest
corporate collapses in US history on Wednesday as its rescue by rival
Dynegy blew apart.

Will Enron blackout give DPC a break?
WASHINGTON: In one of the most spectacular flame-outs in corporate
history, the lights went out on Enron, which was once touted as a
torch-bearer for economic reforms in India.

Sinha seeks extra funds for spending
NEW DELHI: Finance Minister Yashwant Sinha sought extra spending money on
Thursday while presenting supplementary demands for grants for 2001-02 in
Parliament.

Rupee under mild pressure against $
MUMBAI: The rupee remained under mild pressure against the greenback early
on Thursday on light month-end dollar demand in an otherwise quiet and
range-bound trade at the interbank foreign exchange market.  Opening
around 47.98/99 per dollar, rupee later inched down and is currently
quoted at 47.99/48.00, lower from the overnight finish of 47.9825/9875.
Scattered month-end dollar demand from corporates and importers continued
to weigh down on the rupee, but there was adequate local dollar supplies
to absorb the buying, a forex dealer said.


Sensex moves in narrow groove
MUMBAI, NOV. 28. The Sensex notched up modest gains of 6.55 points to
close at 3294.12 at the Bombay Stock Exchange today, propelled by a sharp
rise in software major, Infosys in a market generally quiet and dominated
by profit-sellers.  Infosys technologies bucked the general weak trend and
registered handsome gains compelling the index to land in positive
terrain, dealers said. Most of the other new economy shares reacted
downwards on profit- taking by foreign institutional investors on the back
of overnight losses at Nasdaq. The Nasdaq composite index was down by over
five points last night.A sharp downswing in the south- east Asian markets
also affected the initial firm sentiment. The Nikkei tumbled by 324.08
points, the Hang Seng by 195.35 points and Singapore ST index by 25.57
points at close.

----------------------------------
End of India Network Headline News
----------------------------------

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for more info, premiums and plan details.
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