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Sunday, February 27, 2005


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Lalu remains soft on rail users
Goods tariff recast; commodity groups cut to 80

IN keeping with his populist image, the Railway Minister, Mr Lalu Prasad, has yet again refrained from raising passenger fares, while marginally tinkering with the freight rate structure in his Railway Budget for 2005-06. While the voting for ... More

Tariff on iron ore for export doubled
THE Railway Minister, Mr Lalu Prasad, has indirectly responded to the long-standing demand of the domestic steel industry to curb iron ore exports by announcing a dual freight policy for this mineral. But even as some domestic steel manufacturers ... More

Forex reserves spurt $2.97 b
PROPELLED by a steady spate of dollar inflows, coupled with a revaluation in the central banks basket of currencies, the country's forex kitty surged by $2.97 billion in a single week, as per the latest RBI statistics. Total reserves shot up to ... More

`Media must play active role in shaping society'
INDIAN journalism is at a crucial phase when it needs to assert the primacy of editorial content and keep a check on the use of power and money. Voicing this opinion at a session on `Media: Shaping minds for a better India' at the CII Young ... More

75% FDI in banks? Not in this Budget
IT is no accident that issues such as FDI limits in banking and construction are coming onto our radar so soon after the abolition of quotas for garments and textiles on January 1 this year. They have been on our Government's radar all along; ... More


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