The Hindu Business Line : Friday, March 21, 2003

US launches offensive — Liberation of Iraq?
The second Gulf War has started. No doubt, given its huge firepower and technological superiority, the US will prevail, but the only question is at what human cost? G. Parthasarathy looks at the latest developments and the post-war scenario f or and in Iraq. More

IA hikes fares by 15 pc
INDIAN Airlines has hiked its domestic fares by 15 per cent with effect from March 26, citing substantial increase in ATF prices in the recent months. With this hike, a Bangalore-Delhi ticket would cost Rs 16,240 for the business class from the ... More

Tax makes petrol dearer
RISING global crude oil prices alone are not responsible for the high price you pay for petrol and diesel today. Taxes are as much to blame. Do you know that taxes and duties account for well over half of the dear price you pay for petrol and a ... More

Is it bowling vs bombing on TV?
IS it the Sehwag-Sachin fireworks at Kingsmead, Durban that is going to keep the Indian viewer hooked or the fireworks over Baghdad? That's really the toss-up. While the exact viewership numbers for the India-Kenya semi-final will be out later ... More

Air India special flights bring passengers from Kuwait
THE three special flights operated by Air India have flown in around 1,000 passengers from Kuwait. A fourth special flight, which was operated with an A310, was expected to return to Mumbai late on Thursday evening. According to the airline, ... More

Foreign flag ships hike chartering rates
WITH the US having begun attacks on Iraq, the chartering rates of foreign flag vessels have shot up even as underwriters abroad have imposed the war risk surcharge, an additional burden of about 20-25 per cent on vessel charters. However, there ... More

Long conflict will hurt IT services
SOFTWARE services vendors are concerned over further delays in ramp-ups and business flows if the Iraq war prolongs, as they fear US corporations would withdraw into a spending shell, crimping future growth for them. However, a short war would ... More

Sensex gains 71 points
THE bombing of Baghdad sent stock prices sharply upwards today, rallying the other financial markets as well. Panic demand for the dollar from corporates and banks sent the rupee on a nosedive, losing 12 paise against the dollar from its ... More

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