HDFC to dole out Rs 10 interim dividend as millennium gesture
The Housing Development Finance Corporation Ltd (HDFC) has set a special millennium interim dividend of Rs 10 per share on completing 20 years of operations.

Knowledge capital will drive national economy -- Vajpayee
India's investments in research and development are wholly inadequate and sub-critical by world standards, Prime Minister AB Vajpayee said on Monday.

IMF to help Indonesia recapitalise central bank
The IMF said on Monday Indonesia's beleagured central bank would need some recapitalisation, but that there was nothing in a critical audit of the bank which would prevent it from meeting its daily obligations.


  Euro pares gains against dollar
  Federal Reserve to keep vigil on Y2K bug
  Market Round-up
  PM urges US to step up efforts to declare Pak a terrorist state
  Ficci seeks long-term taxation policy
  Achieving economic growth targets hinge on robust farm output -- Rangarajan
  Excutive Briefing
  HDFC plans holding company structure
  Jewellery exporters urge Centre to allow direct import of gold
  Fireworks at global stockmarket outdo millennium celebrations
  Briefing
  MasterCard targets 40 per cent growth this year
  StanChart, staff to meet on Jan 16 to discuss VRS
  Industry bigwigs to attend pre-budget meet on January 7
  State to hold talks with transport unions