The Hindu Business Line : Sunday, November 03, 2002

Kelkar banishes exemption raj — Moots 2-slab I-T for individuals, lower rate for companies
DR Vijay Kelkar's much-awaited big-bang direct tax reforms package delivers a mixed bag for the country's two-crore tax-payers and India Inc and a body blow to tax professionals. In its report submitted on Diwali eve, the Task Force on Direct ... More

Banks allowed to take up forward trading in gold
IN what is seen as a possible first step in opening up the Indian bullion market, all scheduled commercial banks authorised to deal in gold have been permitted to enter into forward contracts with their constituents (exporters of gold products, ... More

Moratorium on Nedungadi
THE Union Government has issued a three-month moratorium on the troubled Nedungadi Bank Ltd. The Reserve Bank of India today said on an application made by it the Union Government has issued an order of moratorium on Nedungadi Bank from ... More

A crowded mall is not always fun
THE Indian IT software businesses are dependent on employees — both on their numbers and their skills. The more the merrier, is typically the stance that most companies have taken, since the dawn of the industry. But in the quarter ... More

Forex reserves decline $19 m
FOREX reserves of the country dipped by $ 19 million to touch $ 64.038 billion for the week ended October 25 as compared to $ 64.068 billion in the previous week, according to the latest figures released by the Reserve Bank of India ... More

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