Rs 25,000-crore fiscal deficit slippage likely
THE Centre appears to be more or less reconciled to a one percentage point slippage in its fiscal deficit target of 4.7 per cent of gross domestic product (GDP) during the current fiscal.

`Evasion-prone' commodities come under microscope
THE Finance Ministry has placed close to a dozen commodities -- including cotton yarn, man-made fabrics, aerated water, tobacco products, cosmetics, motor vehicle parts and air-conditioners -- in its internal watch-list of ``evasion-prone'' items, after a recent review of commodity-wise excise collection trends.

A `laboured' phase for banks
THE Finance Ministry and the public sector banks led by the Indian Banks' Association (IBA) are finally waking up to the realities of life after the abolition of the Banking Services Recruitment Boards (BSRBs) whose life-support systems were pulled off o n July 31.

Rakesh Mohan committee moots TRAI-like body for Railways
THE Rakesh Mohan panel on Indian Railways has pushed for a radical reforms package -- encompassing strategic high growth, tariff re-balancing, corporatisation and revamp of the Railway Board, recast of railway accounts into company format prior to corpor atisation, establishment of a regulatory authority on the lines of TRAI -- to make it a financially-viable organisation.

HLL tuning into Radio City -- Close to deal for ad slots
PRIVATE FM radio is clearly attracting big names. After high-profile bidders, it seems to be the turn of big advertisers to eye private FM.

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