Rising rupee: Tougher times for exporters?
IT has not been the best of times for exporters; but is the worst of times around the corner? Exporters, who thought they could switch to invoicing in euro or pound sterling in the wake of a weak dollar, will now feel the pinch, regardless. ...
`Micro-finance entities will not be allowed to accept public deposits'
MICRO-finance institutions will not be allowed to accept public deposits as it puts public money at risk... the Reserve Bank of India cannot allow such entities to accept public deposits, the RBI Governor, Dr Y.V. Reddy, has said. This is ...
Demand-supply position driving rupee up
DR Y.V. Reddy said today that the rupee's sharp rise this week was driven by demand and supply conditions in the market. He stated that this was not due to any attempt by the central bank move to contain inflation. During the last four ...
IT cos need not show overseas staff pay in annual report
THE Infosys and Wipros of the country can breathe easy. The persuasive efforts of the information technology (IT) sector seemed to have borne fruits. In a major regulatory relief for the sector, the Department of Company Affairs (DCA) has ...
Investors sell small, mid-cap stocks to reduce I-T burden
WITH the current fiscal nearing its end, several market players have started selling their shares even at a loss to minimise their income-tax liabilities. The selling is visible more in small and mid-cap stocks and this is said to be the main ...
Indo-Pak series: Worry over high ad rates
INDIA'S 40-run victory over Pakistan at Lahore not only thrilled cricket lovers across the country but the advertisers too, who got the best bang for the buck. However, the big question is whether the high advertising rates that the Indo-Pak ...
Nurses look to greener pastures
THERE is a different brain-drain happening in the country and this one is not as high profile as when young engineers or management professionals leave the country. But the reality is, there is a shortage of nurses in India and hospitals here are ...
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