Financial Daily from THE HINDU group of publications
Monday, October 21, 2002
Financial Daily from THE HINDU group of publications Monday, October 21, 2002 |
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COLUMNS ON THE MOVE Pitching for tonnage tax Foreign lines will find tonnage tax attractive for establishing base in India. The Rakesh Mohan Committee on tonnage tax, which submitted its report last year, had recommended that tonnage tax should be introduced with effect from 2002-03. However, without political patronage, it would not be easy for shipowners to convince the Finance Ministry of the advantages of tonnage tax. More A RINGSIDE VIEW Measured buoyancy seen The brokers and dealers generally foresaw a week of range-bound, choppy movements. The overall outlook remains mixed for the week. More POLICY WATCH When laws wait for the word THE Law Ministry in Shastri Bhavan, down the road from North Block, is not one of those high-profile ministries, like the Finance Ministry or the Foreign Office. However, officials in North Block have to often swallow their pride and cajole ... More MUTUAL CONFIDENCE Can MIPs make guaranteed returns? IN the world of mutual funds, `monthly income' has always been a great winning concept. Thanks largely to Unit Trust of India, monthly income plans (MIP) — especially those much-maligned, guaranteed-return schemes — have had a huge ... More GLOBAL MONITOR Gold loses sheen as equities recover GOLD lost some of its sheen last week as equity markets bounced. The recovery took its toll as long liquidation became the key feature. Early last week, the news of devastating bomb attack in Bali (Indonesia) saw prices push higher. ... More ADR WATCH Infy premium zooms over 80 per cent BRAVING the terrorist bombings in Bali (Indonesia), the US markets recorded handsome gains during the week gone-by as more corporates turned in better-than expected earnings growth. Companies such as Microsoft Corp and Citigroup Inc reported ... More SAY CHEEK The waiting truth IN the days of LPs, almost all disks were black. Now there is the Black Disk, which I am told is "perhaps the most controversial CD-ROM in America today" where "the truth is waiting". If you are at least 18, you can order it and discover "the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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