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Sunday, March 17, 2002

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LPG price hike cut by half
BOWING to pressure from its own allies and from Opposition, the Government on Saturday rolled back by half the hike of Rs 40 per LPG cylinder price it had proposed in the Budget 2002-03. The reduction in LPG price by Rs 20 per cylinder would ... More

Economy in for better days: Sinha
THE Finance Minister, Mr Yashwant Sinha, on Saturday said that the economy had started showing signs of a pick-up on line with the revival in the global economy. "We are looking forward to better days. There are signs of a pick-up in the Indian ... More

India takes EU to WTO over new tariff deal
INDIA has dragged the European Union (EU) to the World Trade Organisation (WTO) over its new tariff preferences for developing countries, which came into effect from the beginning of this year. In a communication to the WTO's Dispute Settlement ... More

Forex reserves up $692 m
FOREX reserves continued to rise, gaining by around $692 million to $51.436 billion for the week ended March 8 as compared to $50.744 billion in the previous week. According to the Weekly Statistical Supplement (WSS) of RBI, foreign currency ... More

A bunch of `secular' holidays for corporates
THE diktat of the Securities & Exchange Board of India on the interim dividend issue will not only just enrich the Government's coffers, but will also ensure two other things. First, the Indian tourism sector will get a year-end booster ... More

`Rollback not a blow to reforms'
NEW DELHI: THE rollback in the LPG price hike by Rs 20 should not be seen as a blow to the reforms process, the Finance Minister, Mr Yashwant Sinha, said while replying to a query after his meeting with RBI Board. "The hike was fairly steep. I ... More


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LPG price hike cut by half


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