Now, BSNL customers can avail lower ISD call rates for the South Asian Association of Regional Cooperation (Saarc) countries. The state-run telecom company slashed call rates by 15-35 percent on Sunday. The decision would cover landline as well as mobile customers.
The call rates for Pakistan, Bangladesh, the Maldives and Bhutan would be Rs.9 per minute instead of the existing Rs.10 under post-paid plan of Rs 725.
Call charges for BSNL fixed line users would now be Rs.9.60 per minute for a 7.5 second pulse.
Prime Minister, Dr Manmohan Singh would hold a meeting with the industry leaders and associates on Monday. The meeting is aimed to review the impact of global financial crisis on Indian economy and prepare India's stance at forthcoming G20 Summit.
After the decision of Indian steel giant Steel Authority of India Limited to cut steel prices, other steel companies have started to slash prices. JSW Steel took the initiative and reduced the prices of HR coils by Rs 5,500 a tonne. The company had already reduced steel prices in October.
Garware Offshore Services Limited, a leading offshore vessel owner cum operator, has signed an agreement for the acquisition of a Havyard 832 L SE Multipurpose Platform Supply Vessel (MPSV) at approximate cost of USD 55 million. 
