Financial Daily from THE HINDU group of publications
Thursday, March 14, 2002
Markets (March 13)
BL 2501122.92 (+7.61)
BSE Sensex3569.62 (+33.82)
S&P CNX Nifty1157.06.45 (+6.60)
Dollar (Buy/Sell)48.68/48.81
Gold Std (10 gm)4910 (+20)

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Power excised
THAT THE GOVERNMENT is having a rethink on the ordinance giving it unfettered powers insetting excise duty tariff on manufactured goods is predictable. The official line when the ordinance was issued two months agoleft few in doubt that it ... More


Trunk traffic and tariff
THE last two months have witnessed many changes in long-distance telephony. On the recommendations of the Telecom Regulation Authority of India, international long distance (ILD) traffic was opened to private operators. Considering that the terms ... More


Budget leaves economy in the cold
THE Finance Minister, Mr Yashwant Sinha, has belied the expectations he had himself studiously created in a rash of interviews to the media at the turn of the year that his Budget would give a strong thrust to public investment to generate the ... More


Cash flows and copycats
T. D. Suresh on the need for the accounting standard on cash-flow statements to be more responsive to local needs More

Piercing the peer veil
The ICAI's response to the Enron fiasco is at best a clannish attempt, says S. Murlidharan More

Death dance
MY daily route shares a stretch with funeral marchers. The routine that happens during these occasions would be a novelty for many outside the city. There is much fanfare and noise — whistling, drumbeats and flower-throwing — forcing ... More


Revenue administration -- A taxing task ahead for Mr Sinha
THE TAX reforms initiated by the former Finance Minister, Dr Manmohan Singh, and carried forward by Mr P. Chidambaram have, indeed, gathered momentum during Mr Yashwant Sinha's term. The unification of excise duties into one single rate was ... More


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  • Draft Budget
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