Financial Daily from THE HINDU group of publications
Sunday, July 17, 2005
Financial Daily from THE HINDU group of publications Sunday, July 17, 2005 |
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INDUSTRY & ECONOMY INVESTMENTS Sharp drop in MF inflows — Retail investors prefer to party on their own THE stock markets are soaring and bourses are ringing with cash, but it seems the mutual funds companies are being kept away from the party. Asset management companies, distributors and portfolio management services concede that with the ... More COURTS/LEGAL ISSUES `New inventions, technologies will drive law' NEW economies, inventions and technologies will dictate a major shift in the trends of legislation globally, according to the Chief Justice of India, Mr Justice R.C. Lahoti. Already, national territories were being obliterated for ... More ECONOMY 
PM on US mission with heavy agendaTHE Prime Minister, Dr Manmohan Singh, left for Washington on Saturday on his first official visit to the US, with a heavy agenda to carry forward the strategic relationship between the two countries. Before his departure, the Prime Minister ... More
India largest recipient of World Bank aid
32 pc of urban population resides in 43 towns EXCISE AND CUSTOMS Charges allocated for CBEC members WORK allocation for various members in the Central Board of Excise and Customs (CBEC) has been completed. While Mr V.P. Singh has been given charge of Member (Central Excise), Ms Chitra Saha has become Member (Budget). Mr A.P. Sudhir would ... More HOTELS Govt to allot land for 40 five-star hotels in Delhi THE Government has decided to expedite the process of allocating land for 40 new five-star hotels in Delhi in expectation of huge tourist influx during the 2010 Commonwealth Games. Stating this at a national conference on `Is Law Keeping Pace ... More POWER Bechtel agrees to help in putting Dabhol project on track THE restart process of the Dabhol power project has received a shot in the arm with Bechtel Corporation — the project's original engineering procurement construction (EPC) contractor — agreeing to make a team available to assist NTPC, ... More STEEL Iron ore market to remain in balance till 2010 THE biggest bull market in iron ore history culminated in a 71.5 per cent rise in iron ore fines prices in 2005. Steel prices have recently started to fall and spot freight rates have collapsed. What is the iron ore outlook? Is it all over ... More TAXATION No service tax for exporting cargo by air THE Government has exempted transport of export goods by an aircraft from the levy of service tax. The Finance Ministry on Friday issued a notification to this effect. The exporting community had been making a case for exempting the service of ... More TEXTILES Textile exports to US decline in May INDIAN exports of textiles and apparels to the US in May were once again below the level achieved in the previous month. According to the latest figures released by the US Department of Commerce, imports from India in May added up to $ 416 ... More TYRES Truck, bus tyre ouput marginally up in May NEW DELHI: Truck and bus tyre production registered a marginal increase in May at 9.81 lakh tyres compared to 9.75 lakh tyres in the previous month. Production stood at 8.92 lakh units in May 2004. The truck and bus tyre category ... More KNITWEAR & HOSIERY Ruling on dyeing units: Knitwear bodies to seek Govts' support A joint meeting of hosiery manufacturers bodies and knit industry workers trade unions was held in Tirupur on Saturday to discuss Friday's Madras High Court order of closure of 660 dyeing and bleaching units in the effluent discharge issue. The ... More SOCIAL WELFARE New guidelines soon for MPLAD scheme THE Union Government is set to finalise new guidelines for the Members of Parliament Local Area Development (MPLAD) scheme, which is now at advanced stage of discussions, according to the Union Minister of Statistics and Programme Implementation, ... More INCOME TAX FAQs on Fringe Benefit Tax An employer listed in Section 115W is liable. The term employer is defined in Section 115W to mean a company, a firm, an AOP or BOI, whether incorporated or not but excluding a fund or institution eligible for exemption under Section 10(23C) or ... More
Is gain on sale of shares exempt if transaction tax has not been charged to the sale? EXPORTS & IMPORTS Exim Bank to extend $400 m line of credit — Firms exporting to 2 CIS nations, Francophone countries likely to benefit THE Export-Import Bank of India (Exim Bank) is putting together a $400-million line of credit facility for as many as eight countries in the French-speaking part of West Africa (Francophone countries such as Senegal) and two in the CIS region, ... More
Exporters fear Damocles' sword of tax recovery
Ban on import of second hand capital goods of Indian origin TOURISM 
States drawing up plans to promote tourismIN a move that could see the domestic tourism season being extended beyond October-April, various State governments are drawing up extensive plans to promote niche products and promote the States as tourism destinations, the Minister for Tourism, ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus BHEL Disinvestment China's revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jul. 10-Jul. 16 Lankan pepper imports taking toll on local trade Ministry expects 25 pc growth in textile exports Free trade pacts turning a tool to dump spices Even chances for a `break monsoon' PMO working on pharma policy Oil installations sitting ducks for hurricanes Five commodities emerge top performers in April '05 exports India consumed Rs 41,000-cr junk food in 2003 Shrimp exports fall sharply post-tsunami Car sales marginally down in June FM radio: Govt fixes net worth norm FDI in real estate bogged down by ambiguity in norms: FICCI survey Garment exporters grapple with tax, DEPB problems LNG transportation — Shipping Ministry to counter move to relax charter norms Global uncertainties have increased, says RBI Governor Petrol dealers drop strike plan Rogue Bay system seen delaying `break monsoon' Indian textile exporters plan to sell their brands abroad Price stability, prime concern for RBI |
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