Financial Daily from THE HINDU group of publications
Saturday, March 23, 2002
Markets (March 22)
BL 2501121.15 (-1.55)
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OPINION

EDITORIAL


Fog over foreign stake
FOREIGN ENTITIES CAN hold majority stake in old and new private banks, going by the statement in the Rajya Sabha of the Minister of State for Finance, Mr Balasaheb Vikhe Patil. The Elders were recently informed by Mr Patil that FII stake in the ... More

ECONOMY


Interest rates in India and US: Why the two cannot converge
THIS article compares the courses of a number of interest rates and yield rates in the US and in India. The US is the leading paradigm of developed countries. It is the advanced country par excellence. There is a view that the US being a ... More

POLITICS


Relying on `the people'
ON WEDNESDAY, a daily carried the following paragraph in a report on the meeting of the BJP parliamentary party held the previous day: "After blowing hot and cold on the temple and the VHP, Vajpayee told the... meeting that, while he was not ... More

STEEL


The steel tariff story
LOBBYING these days can earn extra bread. The US' recent move to impose sweeping tariffs on a wide range of steel imports for three years bears this out. There is obviously no economic rationale behind the decision. The decision was taken to ... More

TAXATION


A `U' turn with a difference
THE proposed amendment to tax dividend in the hands of the recipient brings about a structural change to the taxation system — a change far too soon and sudden. The following are the proposed amendments to the dividend ... More

A beckoning Budget
The Finance Bill, 2002 proposals on the taxation of foreign companies should offer them cheer, says T. C. A. Ramanujam More

ECONOMICS


The `nomics' cocktail
THERE are many in the race already to grab the `nomics' suffix after their name. For instance, Reagonomics, named after US counterpart of our own filmi netas, made its appearance after his term of office was over, and it is said that it ... More
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Top Stories
Dabhol lenders may recall loans


Indian Bank tops in interest spread

IDFC likely to pick up 29 pc stake in Tanflora project

Sinha hints at further rollback

Govt focussed on NPA recovery, says Sinha

Panel against foreign investment in newspapers

English movie channels bask in Oscar glory

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Mar. 10-Mar. 16
The Budget and its fineprint

Discrimination `at work'


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