Financial Daily from THE HINDU group of publications
Saturday, November 09, 2002
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Financial Daily from THE HINDU group of publications Saturday, November 09, 2002 |
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COLUMNS ECONOMY - A PERSPECTIVE Income distribution and I-T potential A high measure of income can be mobilised for taxation from the unorganised portion of the urban labour force, in which the coverage of potential assessees is probably less than 50 per cent. What is required is the full coverage of the potential num ber of those who can be tax-assessed. By pursuing existing policies and expanding the coverage, the authorities may be able to double the tax collections from the income-tax source, points out P. R. Brahmananda. More DOWN TO EARTH As in petroleum ...India needs `reliance' in oilseeds too Reliance's private initiative in petroleum exploration has loosened the rapidly tightening noose around India's economic neck. It appears that the initiative on GM seeds, too, needs to be privatised. The whole procedure of approving genetically engin eered seeds needs to be overhauled to permit greater openness and wider participation of the farmers. More E-DIMENSION For whom has Kelkar oiled the guillotine? MYTH has it that Midas became a king of Phyrgia simply by virtue of wandering in on his ox-cart when the town's high council was in a meeting. Naturally, he was very thankful, and so put up a shrine and dedicated his wagon to Zeus. Since his ... More FOCUS Zero growth prospects seen for ferro chrome IN the prevailing circumstances, the prospects for chrome ore during the Tenth Plan period cannot be considered satisfactory, according to the committee, set up by the sub-group for mineral output industries. Apparently, the committee has tried ... More SAY CHEEK Get the hang of Kelkar bol RAJA Dinkar Kelkar Museum in Pune houses over 20,000 collections of artefacts collected from all over the world, ranging from paintings to handicrafts, armour-suits to musical instruments and so on. It is said that Kelkar spent six decades ... More EAR TO THE GROUND FII drives up Hero Honda? A FOREIGN institution was rumoured to have bought shares of Hero Honda. Dealers said that the deal could be wrapped up at a considerable premium over the present price levels. According to market sources, the seller could be Unit Trust of India ... More ON THE HEDGE Ranbaxy: Immediate outlook positive, but buy Nov 480 puts THE following are some buy/sell strategies based on Friday's trading in the derivatives segment at the NSE: Equity options: Ranbaxy Labs: The immediate outlook on the stock appears positive. The upside projection is Rs 527, ... More SENSOR Mid-cap stocks make merry; PSUs stage recovery A Section of small and mid-cap stocks attracted buying interest on Friday even as stocks of public sector companies staged a recovery. PSU stocks were battered after the report on Tuesday regarding delay in disinvestments of Nalco. Indices, ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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