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Tuesday, February 22, 2005

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To meet burgeoning demand — Textile exporters seek longer working hours
WITH the textile order inflow growing by leaps and bounds, many of the country's large textile exporters are seeking an extension of the daily working hours to keep up with the burgeoning demand. Orient Craft Ltd, one of the country's largest ... More

Metros may be merged with State circles for mobile services
THE Department of Telecommunications is looking at the possibility of merging metro circles, except Delhi, with the respective State circle for cellular service providers in the new unified licence regime. Currently, mobile operators need ... More

EPFO defers decision on raising additional funds
THE Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) on Monday postponed a formal decision on the modalities of raising additional resources for paying 9.5 per cent interest on provident fund deposits for ... More

Traders down shutters, demand VAT postponement
TRADERS on Monday demanded the immediate postponement of the value added tax (VAT) introduction date, stating that the VAT design in the present form was not acceptable to the trading community. The nationwide trade bandh called on Monday by ... More

Upper class Rly fares fail to cover low-end loss
THOUGH a final decision on raising the passenger fares in the coming rail budget remains with the top political leadership, a closer look at Railway accounts show that the profit generated by the high-end fares is proving to be grossly inadequate ... More

Sensex turns cautious, ends lower
THE market opened on a firm note but failed to sustain the pace and traded for most of the day in the red. Caution seems to be the buzzword in the run-up to the Budget announcements, the market ended lower for the fourth day. After opening ... More

Economic Survey on February 25
The Economic Survey will be tabled in Parliament on Friday (February 25). Originally it was to be tabled on Saturday (February 26) after the presentation of the Railway Budget. The Survey would be tabled when both the Houses meet after the ... More

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