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Sunday, August 11, 2002

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Term Assurance Plans: Re-assuring
TERM insurance plans embody the concept of insurance at its barest. Policy-holders pay premiums to cover their life for a contracted term. On the term's expiry, the cover ceases without any maturity benefits. This is because term insurance plans ... More

Will Maruti-800 rule the roads again?
THE reduction in price effected by Maruti Udyog Ltd (MUL) for its best selling model, the Maruti 800, has again brought the A-segment car closer to the teeming two-wheeler owners dreaming of buying a car. Till 1999-2000, the Maruti 800 ruled ... More

COURTS/LEGAL ISSUES


Foreign law firms entry `hinges on good reciprocity'
THE Government has once again made it clear that it is willing to allow foreign law firms to practice in India only if "good reciprocity'' is available for Indian firms in the markets abroad. Addressing a seminar on `Opportunities for ... More

ECONOMY


Govt in fix over Ministry's waiver move on farm loans — To cost Rs 6,000 cr for banking sector
According to officials, the proposal did not tantamount to populism because what was being sought was only a waiver of the interest component and not the entire loan per se. More

Naidu bullish on PPP model
REITERATING the commitment of the Andhra Pradesh Government towards the economic reforms in the State, the Chief Minister, Mr N. Chandrababu Naidu, assured the industry that the Government would continue the public private participation (PPP) ... More

Monsoon on hesitant revival
AFTER a disastrous first half, the South-West monsoon seems to be on a hesitant recovery mode. The first week of August has seen excess to very good rainfall activity in Andhra Pradesh, Maharashtra, North Interior Karnataka and also the soyabean ... More

Ways & means advances rise by Rs 5,085 cr
LOANS and advances provided by the Reserve Bank of India (RBI) to the Union Government in the form of ways and means advances increased by Rs 5,085 crore to touch Rs 13,281 crore on August 2, compared with Rs 8,196 crore on July 26. Bank credit ... More

FOREIGN TRADE


Bengal lifts luxury tax on Bangla imports
THE West Bengal Government, in a bid to impart greater balance to Indo-Bangla bilateral trade, has lifted the luxury tax on Bangladesh goods imported into India through an ordinance issued on Friday. Making a presentation on the initiatives ... More

EDUCATION


Students make a beeline for foreign professional courses
"We are not bothered about Government recognition, as our courses are recognised by the industry," remarks Dr Ahindra Chakravarti, Director, IILM. More

METALS


Aluminium and copper: In the smelting pot
THE proposed merger of the copper business of Indo-Gulf Corporation with that of the standalone aluminium business of Hindalco Industries (Hindalco) is probably a defining moment in Indian non-ferrous metals' history. Although this merger ... More

All about the global trends
THE challenges facing the global aluminium industry have changed significantly since September 11. Though some challenges were evident on the supply side before 9/11, in the form of slowing global consolidation, they have manifested themselves in ... More

SCIENCE & TECHNOLOGY


Ethanol vehicle design competition
A VEHICLE `design' competition aimed at advocating the use of ethanol is in the offing. The National Ethanol Vehicle Challenge — Design competition, jointly organised by SAE International, Southern India Section and the Centre for Energy ... More

HUMAN RESOURCES


RBI to hire from engg campuses
THERE is likely to be a new recruiter on the prowl, waiting to pouch the best talent available on engineering college campuses in the next year - The Reserve Bank of India. The RBI normally picks its manpower based on competitive exams ... More

INCOME TAX


Deductions, exemptions, & perquisites
I HAVE placed two deposits with one branch of a bank. Each of these deposits earns an interest of less than Rs 5,000 but the total interest from these two deposits exceeds Rs 5,000 per annum. The bank has deducted tax at source from this ... More

ECONOMIC OFFENCES


Just running a petrol pump doesn't pay much
AMID allegations of favouritism in allotting petrol bunks and the continuing disruption in Parliament, talk to a cross-section of petrol dealers and all of them are unanimous in their view that business is difficult, competition intense and ... More

Blame it on the board
JUST what does it take to get a retail outlet for petrol/diesel or LPG allotted by a public sector oil company in the country? "You need to be related to some important functionary of the ruling party or alliance," say the Congress and Communist ... More


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Top Stories
DCA makes secretarial audit mandatory for cos


Naidu bullish on PPP model

Students make a beeline for foreign professional courses

Govt to seek bids for airport projects by Sept

In Depth
Gender Justice
Simple Economics
Small Investor
Looking back
Aug. 4-Aug. 10
India Inc upbeat despite drought

Synthetic textile exports up 32 pc in April

Perquisites for official purposes not to be taxed — Onus on employer to furnish details

At lower price realisations... Earning even a small profit is achievement for cement cos

Manipur: `Jewel of the East' or `Wild East'?

Oil dealership issue may end up in court — `Arbitrary cancellation not possible'

Business confidence `significantly' up

Patni Computer among 18 FDI plans cleared

No investment limits on new tax-free bonds

Hopes of turnaround seen in readymade garment exports

HPCL says not interested in MRPL preferential offer


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