Financial Daily from THE HINDU group of publications
Saturday, July 12, 2003
Markets (July 11)
BL 2501311.48 (+0.28)
BSE Sensex3676.26 (-3.37)
S&P CNX Nifty1161.65 (-0.70)
Dollar (Buy/Sell)46.09/46.22
Gold Std (10 gm)5265

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For a real Hindi-Chini Bhai Bhai relation
India's and China's common interests far outweigh their differences in this interdependent world. More


A terminal choked
FUTURE ALWAYS COMES too fast, said an eminent futurologist. The situation obtaining at the Nhava Sheva International Container Terminal (NSICT) well reinforces this. The container terminal, designed to handle six lakh TEUs in the 16th year of ... More


Era of coalitions
THE Congress move to accept coalitions as a means of attaining political power at the Centre and the States (that route is already employed in a number of States — Maharashtra, for example) should not be seen as something novel and ... More


When is a business set up?
T. C. A. Ramanujam on a AP High Court decision on the question of setting up and commencing a business. More

From generalities to specifics
Mohan R. Lavi on the recent notifications on service tax More

Why lump scrap dealers with forest mafia?
Bringing scrap under the TDS regime could backfire, says S. Murlidharan More

Wearing out en bloc
The requirement of "put to use" should apply not for individual assets but to the entire block of assets for depreciation purposes, says R. Anand, citing Tribunal decisions. More

Good cop overtaken by bad cop
MR CHAS Roy-Chowdhury, ACCA Head of Taxation, believes the `bad cop' may outweigh the `good cop' in a merged tax organisation in the UK, while businesses may have reason to fear more in-depth inquiries. Mr Dawn ... More


Elusive benefits of market access
India's stand is that it can reconsider the inclusion of the Singapore issues of investment and trade facilitation in the multilateral WTO trade framework provided it is given access to developing countries' markets. But will such a quid pro quo real ly benefit the developing countries? It may be worthwhile for them to ask for relaxation of TRIPs and patents laws, says Bharat Jhunjhunwala. More


Belling the corruption cat that has nine lives
WHAT is the single greatest obstacle to economic and social development? What is it that undermines development by distorting the rule of law and weakening the institutional foundation on which economic growth depends? ... More
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