Financial Daily from THE HINDU group of publications
Saturday, June 08, 2002
Markets (June 7)
BL 2501104.82 (-18.51)
BSE Sensex3217.76 (-41.55)
S&P CNX Nifty1048.80 (-15.55)
Dollar (Buy/Sell)48.98/49.11
Gold Std (10 gm)5390 (+40)

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OPINION

EDITORIAL


Competition lines cut
THE DELAY IN Bharti Telesonic and Data Access obtaining security clearances for the launch of international long distance operations has ended up denying consumers the long awaited choice in ILD services. Consequently, two months after the ... More

ECONOMY


Good to know what you are good at
MOST schools have reopened after the holidays and everybody is busy advising the kids once again how it is important to score more than that `all-brain Ashok' or `books-only Brinda' who manages to steal the top honours every term. He goes for ... More

Unwanted politicos
THE most important lesson to be learnt from the episode concerning the proposed VSNL investment in Tata Teleservices is that the Government has within its folds elements who are prepared to disturb the "reforms boat" to serve their own selfish ... More

FERTILISERS


Fertiliser subsidy: Plants take the hit
REACTING to the measures taken by the Department of Fertilisers (DoF) to significantly reduce fertiliser subsidies, the Standing Committee of Parliament has said that these should not be a "one-time" affair. In its submission before the ... More

POLITICS


Sub-continental brinkmanship
WILL there be a war? If yes, will it be "limited"? If India does cross the LoC and attack the terrorist camps in PoK, will Pakistan rain its nukes on us? Such questions are flying thick and fast in both the countries — questions to which ... More

TAXATION


Gifts get income wrap
WELL-KNOWN commentators on the evolution of the Indian Income-Tax Act have bemoaned the fact that the concept of income is constantly being expanded by amendments to the law and capital receipts are brought to tax as assessable income by such ... More

Lacking in form
The amended Section 197A, which withdraws partially the benefit of Form 15H declaration, would hit assessees and create infructuous work for the I-T Department, says T. N. Pandey More

Rocking the boat
THE Illinois General Assembly's move to raise taxes on riverboat casinos from the present 35 per cent to 50 has caused waves. Though gambling dens are usually put on the same rung as tobacco or liquor — as ideal prospects to tax the ... More


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Top Stories
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In Depth
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Looking back
May. 26-Jun. 1
Challenges before the Railways

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Water privatisation -- Torrent of trouble

Why India lags in wealth generation

Prepaying external debt: Quite necessary


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