Financial Daily from THE HINDU group of publications
Thursday, December 05, 2002
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Farm subsidy, small savings rates to stay
BARELY a day after presenting the mid-year review of the economy, the Finance Ministry today chose to remain ambivalent on the implementation of politically sensitive recommendations in the review including the lowering of interest rates on small ... More

Steel dues may be recovered from export proceeds
THE Government is considering the possibility of mandatory repayment from the export proceeds of the defaulting steel companies as part of the proposed restructuring package for the industry. This non-conventional route is likely to be adopted ... More

Putin has corporate India wide-eyed
WHEN the Russian President, Mr Vladimir V. Putin, comes calling, captains of Indian industry sit up and listen. This was evident at a business luncheon meeting here on Wednesday, which was attended by the who's who of India Inc. At the ... More

SEBI makes changes in insider trading norms
ARMED with the experiences gained from some recent controversial takeover cases, the Securities and Exchange Board of India (SEBI) has amended its "insider trading" regulations, whereby the existing restriction (Regulation 3A) prohibiting a ... More

ICICI Bank plans sector-wise PLR
ICICI Bank Ltd has approached the RBI for permission to introduce a sector-wise prime lending rate (PLR) structure. If accepted, the bank will be able to offer varying rates of interest to different sectors. For example, PLR for infrastructure ... More

Bill to corporatise IDBI introduced
THE Finance Minister, Mr Jaswant Singh, today introduced the Bill seeking to corporatise Industrial Development Bank of India (IDBI) in the Lok Sabha. The Bill was was subsequently referred to the Parliamentary Standing Committee on ... More


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