Financial Daily from THE HINDU group of publications
Saturday, November 16, 2002
Markets (Nov. 15)
BL 2501048.40 (+12.29)
BSE Sensex3033.91 (+47.35)
S&P CNX Nifty990.35 (+18.45)
Dollar (Buy/Sell)48.16/48.29
Gold Std (10 gm)5230 (-10)

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OPINION

EDITORIAL


Are banks really healthy?
UNDERSTANDABLY, THE CONSERVATIVE presiding deity of Mint Street prefers not to hand out praise. But going by the Macroprudential Indicators set out by the RBI in the Report on Trend and Progress of Banking in India 2001-02, commercial banks seem ... More

POWER


Dabhol: What domestic lenders should do
THE Dabhol power project is in the news again. In keeping with its history, the project continues to set precedents in the Indian market place. The speed with which the project was approved demonstrated the highest efficiency of the Indian ... More

TAXATION


Introducing justice in taxation
The burden of taxation has to be such that it does not affect savings and investment. A measure of redistributive justice has to be inducted into the tax laws. If we do not do this, and if the need for some exemption is not considered, especially for unorganised sector workers, justice would be sacrificed in favour of simplification, argues P. R. Brahmananda. More

The officer, a gentleman?
S. N. L. Agarwala on areas where the tax administration can be less harassing More

Shady money in `real' deals
T. C. A. Ramanujam on the menace of black money in real estate transactions More

Service to the rescue
S. Sridharan expects the service sector to be the whipping boy in the forthcoming Budgets A new Central authority should ideally administer service tax, with a wing functioning under the State government to oversee the collection of the lev y by the States. The administration should be dissociated from the jurisdiction of Central Excise, as the general perception is that the CE department is not taxpayer friendly. More

SOCIAL WELFARE


Why deep pockets strew small change
THE Bill & Melinda Gates Foundation is dedicated to improving people's lives by sharing advances in health and learning with the global community, announces the Web site of the organisation. It has an endowment of approximately $24 billion ... More
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Top Stories
`More focus on exports, heavy vehicles' - Mr Rakesh Kalra, Chief Executive, Eicher Motors


Sugar mills, farmers lock horns over pricing issue

Britannica puts India in focus

MindTree sees huge healthcare prospects

Minister says SCI sell-off could be delayed further

In Depth
Gender Justice
Simple Economics
Small Investor
Looking back
Nov. 3-Nov. 9
Are exporters really pampered?

Pay thru the roof

As in petroleum ...India needs `reliance' in oilseeds too


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