Financial Daily from THE HINDU group of publications
Wednesday, July 30, 2003
Markets (July 29)
BL 2501324.05 (+3.99)
BSE Sensex3764.44 (+24.68)
S&P CNX Nifty1174.75 (+5.55)
US Dollar (Buy/Sell)46.08/46.21
Gold Std (10 gm)5520 (+25)

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GOVERNMENT

POLICY


Parliament clears Bill on Fiscal Responsibility
INDIA has joined the ranks of a select group of countries to have a fiscal responsibility legislation in place, which commits the Union Government to completely eliminate its revenue deficit by the year 2008. The Rajya Sabha today passed the ... More

Govt okays equity to foreigners against payables
THE Government today further liberalised the terms and conditions for foreign equity participation in Indian companies by allowing Indian companies to issue shares to foreigners in lieu of payables, according to an official release. At present, ... More

POLITICS


Board meets rescheduled as Mumbai braces for bandh
SEVERAL companies, top among them Reliance Industries, Colgate Palmolive and Tata Infomedia, have rescheduled board meetings set for Wednesday after the BJP, Shiv Sena and their associates called for a bandh that is likely to affect normal life ... More

TERRORISM


Blackwill flays terrorism against India
THE outgoing US Ambassador to India, Mr Robert Blackwill, on Tuesday condemned terrorism against India and said no religion or political cause could justify these "merciless acts". In his farewell address at a luncheon hosted by the Federation ... More

HUMAN RESOURCES


Absenteeism high in health, education centres in Karnataka
KARNATAKA has a high level of absenteeism in the primary health and education centres implying low quality of social services in the State. A World Bank report on `Sustaining reforms and reducing poverty' in the country estimates the ... More
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TRAI bid to cut ADC may hurt BSNL's bottomline

PSBs' education loans up 71 pc last fiscal

Regional SEs plan special platform for small-cap cos

Parliament clears Bill on Fiscal Responsibility

Blackwill flays terrorism against India

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Looking back
Jul. 20-Jul. 26
TN Govt to respond to SC on staff issue

IDBI closer to conversion into bank


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