Financial Daily from THE HINDU group of publications
Wednesday, December 21, 2005
Markets (December 21)
BSE Sensex9346.24 (-48.03)
S&P CNX Nifty2826.20 (-16.40)
US Dollar (Buy/Sell)45.16/45.29
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Govt rules out immediate hike in FII limit in PSU banks
THE long wait for a hike in foreign institutional investor (FII) investment limit in public sector banks is set to continue for some more time. The Government has said that it is not considering any proposal for a hike in the cap at present ... More

Taxation laws Bill passed
THE Parliament on Tuesday passed the crucial Taxation Laws (second amendment) Bill, 2005, that sought to, among other things, bring legal validity to the income-tax department's efforts to recover tax on a retrospective basis on certain income ... More

Spl economic zone, fiscal management Bills passed in AP Assembly
A BILL to facilitate the development, operation and maintenance and regulation of special economic zones (SEZs) was introduced and passed here on Tuesday in the State Legislative Assembly. This Bill is aimed at targeting promotion of economic ... More

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