Financial Daily from THE HINDU group of publications
Thursday, October 31, 2002
Markets (Oct. 30)
BL 2501014.13 (+4.62)
BSE Sensex2888.59 (+3.36)
S&P CNX Nifty937.75 (+0.85)
Dollar (Buy/Sell)48.35/48.48
Gold Std (10 gm)5220

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OPINION

EDITORIAL


Kelkar's prescription
THE PRINCIPAL POINTS made by the Task Force on Indirect Taxes headed by Dr Vijay Kelkar are indeed unexceptionable. That there is a need to sustain and perhaps even accelerate the pace of investments in the economy for a meaningful dent on ... More

ENVIRONMENT


Why pollution is not always bad
A CLOSER look at data indicating pollution levels around the world reveals some interesting facts. People living in developed countries on an average consume more fossil fuel pollutants than their counterparts in the developing world. For ... More

CREDIT POLICY


Monetary review: As good as it can get
THE Mid-term Review of Monetary and Credit Policy maybe good news for both banks and borrowers, but not for depositors who are the ultimate source of funds for the system. Even before lowering the lending rates — which is what the ... More

FINANCIAL POLICY


Tasks before the Twelfth Finance Commission: An alternative system of devolution
The August 2000 Constitutional Amendment paved the way for making all the Central taxes shareable with States. It will be mandatory for the Twelfth Finance Commission, which is to be constituted shortly, to review the percentage of share. Also, the Commission could consider recommending an increase in devolution on a graduated scale, says Sitaram Gurumurthi. More

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    Top Stories
    `IT cos need skills to retain customers'


    Private FM may go on air in three metros early next year

    SEBI directs new owners of Widia, FAG Bearings to make open offers

    Tata Steel sees sharp rise in net — Higher prices, better product mix catapult growth

    Why pollution is not always bad

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Oct. 20-Oct. 26
    Sen Committee report — Food security and its design

    Whither flows the vegoil industry?

    Conversion confusion

    State finances — Perils of procrastination

    Pervez the proliferator


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