The Hindu Business Line : Sunday, June 01, 2003

EPF interest rate with `bonus' kept at 9.5 pc
THE Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) on Saturday stuck to their familiar going-against-the-tide reputation, by recommending an unchanged effective interest rate of 9.5 per cent to be credited to ... More

Forex reserves jump $1.5 b, top $80-b mark
THE country's forex reserves have zoomed by an unprecedented $1.59 billion in a week to cross $80 billion. The kitty swelled to a total of $80.816 billion for the week ended May 23, according to the weekly statistics released by the Reserve Bank ... More

10 paise cut in petro prices
PSU oil companies on Saturday announced a marginal 10 paise cut in per litre prices of petrol and diesel. International crude prices had stabilised on one hand while on the other, rupee had appreciated against the dollar. Oil companies wanted ... More

Forex relaxations extended further
THE Reserve Bank of India in a circular on Saturday said various forex relaxations announced by the Finance Minister in January and thereafter have been extended till further notice. Earlier, it had been stated that the capital account ... More

Hourly berth hire charges in major ports from today
HOURLY berth hire charges come into force from Sunday in the major ports of the country in accordance with the revised regulations of the Tariff Authority for Major Ports (TAMP). Berth hire charges would be calculated on an hourly basis, much ... More

Prosecution cell in ICAI on anvil
AN independent permanent directorate to exclusively deal with all disciplinary cases of auditors is on the anvil, with the Government proposing to amend the Chartered Accountants Act in this regard. The setting up of a "prosecution ... More

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