Financial Daily from THE HINDU group of publications
Saturday, January 04, 2003
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Financial Daily from THE HINDU group of publications Saturday, January 04, 2003 |
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COLUMNS ECONOMY - A PERSPECTIVE Final report of Kelkar Committee — Essentials of tax theory sidelined Unproductive consumption expenditure has been increasing in India, both in absolute and in ratio terms. It is incorrect to assume that, allocation-of-resources-wise, the final Kelkar report is neutral. Rather, it seems to offer incentives for more un productive expenditure. The worship of current consumption is the hidden goal — unaffordable in a poor country. More E-DIMENSION All is fair when the war is on airtime fare THE announcement by the cellular operators to peg the long-distance call tariff to a sub- Rs 3-level has spelt the "death of both distance and time", as Mr Sunil Mittal puts it. What that means for an economist is to unplug two variables from the ... More SAY CHEEK If URNot2Old, read this A day after the New Year, my friend stands outside my window and draws three letters on the glass and I sit clueless, expecting him to complete possibly a four-letter word. Looking at my dumb expression, he opens the door to say HNY and I still ... More ON MINT STREET TUs need not board the tech train INFUSION of information technology (IT) in banks should be a management function non-negotiable with trade unions. Bankers sitting across the negotiating table with trade unions on a fresh industry-wage pact are insisting on the point and would ... More ERRORS & OMISSIONS EXPECTED 
Why slap kids on billboards?THERE is so much of war noise in the air that taking cover is more relevant now than ever. We may not be able to prevent Bush from hurling a `patriot' at Saddam, but we can protect ourselves by taking out insurance policies to get compensated in ... More EAR TO THE GROUND 
Infosys gains on fund supportINFOSYS Technologies continued to be the pick of leading institutional investors on Friday. The active purchase by these investors is ahead of the company's third quarter results to be announced on January 10. Analysts expect the software ... More ON THE HEDGE M&M: Buy Jan 115 puts THE following strategies are based on Friday's trading in the derivatives segment on the NSE: Equity options M&M: The outlook on this stock is negative. The downside price target is Rs 96. The risk is that the stock may move to ... More SENSOR ITC, Infosys shine in lacklustre market TRADING in a band of 35 point, the benchmark 30-share index, Sensex closed 0.22 per cent lower at 3357.54 points. The market breadth, as represented by the ratio of advances to declines indicated a bearish undercurrent. As many as 636 stocks ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Inside China Stock scam unravelling Petrol pump controversy Kelkar Report Reliance & Telecom Competition 2002: A drought year In Depth Gender Justice Simple Economics India Interior Consumer Notes Looking back Dec. 22-Dec. 28 A friendlier lagaan to shipowners' rescue? Despite claims, RIDF is a flop `The sons also rise'! Women with `exceptional guts' |
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