The Hindu Business Line : Monday, July 15, 2002

Monsoon deficient till date — May blow away hopes of economic recovery
IT is turning out to be a rather uninspiring — if not disastrous — monsoon. Contrary to the India Meteorological Department's (IMD) predictions of a 15th consecutive `normal' South-West monsoon this year, the rain gods have not been ... More

Crucial economic Bills to be put on hold
THE tabling and passage of crucial economic legislations - such as the repeal of the UTI Act, introduction of the Government Securities Act and the Fiscal Responsibility and Budget Management Bill - may have to wait till the winter session ... More

Forget queues; bank online
BANKS are trying to bring on `channel migration'. They are trying to coax people vexed with crowds and queues to bank online. Value-added services are being offered by the dozen to entice them. `File your income-tax returns, pay insurance ... More

Funding carrier pipelines — Petronet may get oil cos to `comfort' FIs
PETRONET India Ltd (PIL) may rely on "comfort letters'' from oil companies - PIL's joint venture partners - to get financial institutions to fund its common carrier pipeline projects. PIL is looking at comfort letters as alternatives to ... More

Gasohol dollops being reviewed
IN what could be yet another rollback of a Budget announcement, the Finance Ministry has decided to review its decision to allow the 75 paise per litre surcharge concession on ethanol-doped petrol. The move would hit the sugar industry, but help ... More

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