Financial Daily from THE HINDU group of publications
Sunday, July 13, 2003

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Single-digit farm lending rate policy coming
THE Government is all set to unveil its new `single digit' agricultural lending rate policy in the coming week. The Finance Minister, Mr Jaswant Singh, and the Agriculture Minister, Mr Rajnath Singh, are expected to make a joint announcement in ... More

Murugappa group to pitch for MFL stake
FRESH from the acquisition of the 25.88 per cent stake of the Andhra Pradesh Government in Godavari Fertilisers and Chemicals Ltd, the Murugappa group may consider pitching for stake in the MFL (Madras Fertilisers Ltd) and has initiated a due ... More

`Grounded' AI hostesses see huge monetary loss
"OUR main concern is monetary. If we are put on ground jobs, we will only get half of what we are paid now," said an Air India airhostess responding to news of the Supreme Court order retaining the upper age for airhostesses at 50 years. This ... More

Air India opens global call centre
AIR India has launched a call centre for international customer queries, initially handling queries originating from the US and the UK, which is the airline's largest market base. The call centre, located in Deonar on the outskirts of Mumbai, ... More

FII hedging norms modified
THE Reserve Bank of India (RBI) has modified the conditions under which a foreign institutional investor (FII) can enter into a forward contract to hedge its exposure in India. The central bank has now amended its FEMA regulations on foreign ... More

PAN form fee turning `a bee in the bonnet' for tax consultants
THE Income-Tax Department may have got a good thing going by signing up with UTI-ISL for issue of attractive tamper-proof PAN cards with a whole lot of built-in security features. UTI-ISL has also become busy, distributing the four-page PAN ... More

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