Financial Daily from THE HINDU group of publications
Tuesday, April 29, 2003
Markets (April 28)
BL 2501005.05 (+8.30)
BSE Sensex2936.71 (+12.68)
S&P CNX Nifty929.50 (+5.20)
Dollar (Buy/Sell)47.32/47.45
Gold Std (10 gm)5275 (+15)

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OPINION

EDITORIAL


VAT blues
THAT THE STATES collectively are not as yet ready to move towards a full- fledged value added tax system by June 1 was suspected all along considering the legislative and operational issues that needed to be sorted out. Now there is official ... More

TELECOMMUNICATIONS


VSAT solutions for rural telephony — Waiting to connect
Given the conventional wisdom and experience that rural telephony is uneconomical, VSAT-based solutions hold promise in transforming the rural communications landscape. More

ECONOMY


RBI Report on Currency and Finance — Fragility of growth base revealed
The RBI Report on Currency and Finance (2001-02) has shaken the eulogists of reforms out of their self-induced stupor. The fragility of the growth base of the economy stands exposed. GDP growth has slowed down, agricultural growth is stagnating and the savings rate has decelerated. State activism is of the utmost importance to accelerate growth in the second phase of reforms, says N. A. Mujumdar. More

POLITICS


BJP, Congress getting into battle mode
The Assembly polls due at year-end in Chhatisgarh, Delhi, Madhya Pradesh and Rajasthan — traditionally bipolar States where the Congress(I) and the BJP are the chief rivals — may alter political equations and dictate the future course of the NDA itself. More

NATURAL CALAMITIES


Dear Mr PM...
DECLARE a war on drought! The India Meteorological Department has forecast a below-normal monsoon (60 per cent probability). It is bad news. One is reminded of the successive droughts of 1961 and 1962. We have 60 days to act. What are we going ... More

LETTERS


  • Creative accounting
  • `Suit vs proceedings'
  • SARS preparedness
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    Top Stories
    Overall biz confidence index down, says FICCI survey


    TVS Motor to spend Rs 1,000 cr on new products

    Consumers wary of biotech foods, says US study

    VSAT solutions for rural telephony — Waiting to connect

    ADB says 6 pc growth possible

    Exports top $50 b in `02-03

    Rlys freight earnings top estimates at Rs 26,782 cr

    In Focus
    SARS scare
    Truckers' Strike
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    NPAs in Banking
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collection
    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    Apr. 20-Apr. 26
    April 24 OPEC meeting — Price band and Iraq supplies

    Bt cotton fiasco: A scientific fairytale

    Will priority sector lending be in focus?

    Suit versus proceedings

    `We hope to become a knowledge economy' — Mr Paul Berenger, Deputy Prime Minister, Mauritius

    Blackwill resignation: Act or reality?


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