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Inspector raj has to end: PM
THE persisting problems in fiscal consolidation at the Centre and State, the slow implementation of reforms in the power sector and on the labour front and the pace of infrastructure investments are cause for worry for the Prime Minister, Mr A.B. ...
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I-T sops for housing will stay, says Jaswant
IT'S official now. The Government will not dispense with income-tax incentives for the housing sector in the ensuing fiscal. The Finance Minister, Mr Jaswant Singh, today told the Lok Sabha that the Government had no intention to reverse the ...
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Gold price zooms to touch Rs 5,450
STANDARD gold prices in the bullion market here touched a six-month high of Rs 5,450 per 10 gm today, following an overnight rise of about $8 an ounce in London to touch a three-year high of $334.20 earlier in the day. The price rise was ascribed ...
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Euro firm; but no cheer for most exporters
THE euro on Friday touched a high of 1.0225 against the dollar. Similar levels were last seen on July 21 when the euro was at 1.0210, after which it depreciated to as low as 0.96 in September. From there the currency has staged a steady climb. ...
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Jalan rules out repo rate cut for now
THE Reserve Bank of India will not cut the repo rate in the near future, the RBI Governor, Dr Bimal Jalan, has said here. Speaking to newspersons today after releasing the `India Infrastructure Report 2003' (IIR) prepared jointly by IDFC, IIM ...
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Toyota to launch Corolla in three models in mid-Jan
TOYOTA Kirloskar Motor Ltd (TKML) is all set to launch what is probably its best-loved car globally, the Corolla, in the domestic market in the first flush of the New Year, in mid-January. Top sources told Business Line the company ...
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Reliance may bid for HPCL
RELIANCE Industries Ltd (RIL) may bid for a stake in Hindustan Petroleum Corporation Ltd (HPCL), the RIL Chairman, Mr Mukesh Ambani, said here. "Yes. Sure. Let us see the Government policy in detail," Mr Ambani told newspersons, when asked ...
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The real Beautiful Mind, John Nash, coming
REMEMBER Beautiful Mind, in which Russell Crowe plays John Forbes Nash Jr, the brilliant mathematician and Nobel Laureate in economics, who turns a paranoid schizophrenic at the pinnacle of his career? That Beautiful Mind is now actually ...
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