Financial Daily from THE HINDU group of publications
Wednesday, June 04, 2003
Markets (June 3)
BL 2501174.23 (-0.90)
BSE Sensex3181.97 (-24.41)
S&P CNX Nifty1010.65 (-4.50)
Dollar (Buy/Sell)46.94/47.08
Gold Std (10 gm)5655 (+20)

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Exposure Draft on accounting standards for Govts — `Treat letter of comfort as implicit guarantee'
THE Centre and State Governments may soon be required to treat letters of comfort issued by them to banks and financial institutions as `implicit guarantees', which they would have to disclose in their annual or other periodic financial ... More

POLICY


`US may tighten L1 visa norms'
EVEN as US immigration regulations including work permits are being hotly debated, a New Jersey-based attorney maintains that there is a possibility of bringing certain changes to L1 category visas making it tougher for employers with regard to ... More

AP jail reforms Ordinance in offing
CONSEQUENT on the recent meeting of Floor leaders, the State Government will issue an Ordinance this month to introduce jail reforms in the State. "The conditions in jails are found to be poor, lacking in basic amenities in several cases," ... More


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Exposure Draft on accounting standards for Govts — `Treat letter of comfort as implicit guarantee'

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In Focus
SARS scare
The Cable tangle
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Oil PSUs: Disinvestment dilemma
NPAs in Banking
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Gold: Still the winner?
Cars: Always a beauty
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