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Ordinance sets stage for PPF closure
WITH the Ordinance for setting up a pension regulator having been promulgated, the stage is now set for the popular Public Provident Fund (PPF) scheme to be finally dragged to the guillotine. The United Progressive Alliance (UPA) Government ...
Personal accident insurance scheme for plantation growers
THE Union Government on Sunday announced a personal accident insurance scheme for small growers in the plantation sector, under which a grower will be provided accident insurance coverage of Rs 25,000 for no premium. The Price Stabilisation ...
Disaster management body soon
IN order to tackle the challenges posed by natural calamities such as the December 26 tsunami, the Government has decided to set up a National Disaster Management Authority shortly and install an Early Warning System. A Bill would be ...
Rating upgrades stay ahead
IN a sign that the financial health of India Inc is continuing to improve, rating upgrades have outnumbered rating downgrades in the first eight months of the financial year 2004-05. Data relating to rating changes from April to November for ...
TRAI disputes BSNL claims on revenue loss
THE Telecom Regulatory Authority of India (TRAI) has dismissed concerns of revenue loss expressed by Bharat Sanchar Nigam Ltd because of the revision in the access deficit charges. It said that there would not be any impact on BSNL as the ...
Kalam urges NRIs to set up body for disaster research
AGAINST the backdrop of the tsunami tragedy, the President, Dr A.P.J. Abdul Kalam, has urged the Indian population living abroad to launch an Overseas Indian Research Foundation to research areas such as prediction of earthquakes. With a ...
L&T to expand in Gulf, W. Asia
LARSEN & Toubro is initiating a number of business initiatives this year in the UAE in a bid to expand its presence and boost business from the current $400 million to nearly $1 billion in the Gulf and West Asian region in three to four years. ..
Dalal Street may struggle in speed-breaker zone
LAST week may have proved to be yet another test for the global money-bags and their so-called long-term play in the emerging markets such as India. Suddenly valuations of the Indian stocks are being questioned. `Downgrade' reports have started ...
You can get run over if you just sit on the right track
Beaten badly when the indices moved downhill during the week, Jogin fumbled at his PC for the market chat with Khan, Sridevi and Dakshinamoorthy. Get wise! Jog: Who jammed the brakes when we were cruising nicely! Kay: ...
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