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A case of consumer subsidising Govt? -- `Effective' petro subsidy to be Rs 1,400 cr
THE Government has projected a subsidy of Rs 4,495.80 crore in the petroleum sector for fiscal 2002. However, estimates indicate that the Centre will collect Rs 1,800 crore from LPG and Rs 1,300 crore from kerosene as excise duty during the same ...
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Bleeding Gujarat losing Rs 500-cr business daily
GUJARAT took about a year to recover from the trauma of the Republic Day earthquake. The much-hyped Resurgent Gujarat business held only three weeks ago was the forum back to tell the world that the State's economy was back on its feet. This time ...
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`India Inc must deliver to help middle class'
THE Government today asked the corporate sector to deliver at least in this fiscal after belying expectations last time in order to ease the financial burden imposed on the middle class. "The middle class is right when they complain about the ...
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Forex reserves rise $237 m
FOREX reserves of the country rose by another $237 million to touch $50.445 billion for the week ended February 22 as compared to $ 50.208 billion in the previous week. The reserves which crossed the $ 50-billion mark last week, have been ...
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IFCI asks McKinsey to act the good doctor
McKinsey has been asked to revert to the institution with its restructuring report within a period of about two-and-a-half months. The consultants were appointed during the latter part of February.
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