Financial Daily from THE HINDU group of publications
Saturday, September 06, 2003
Markets (Sept. 5)
BL 2501581.68 (+25.11)
BSE Sensex4369.17 (+58.66)
S&P CNX Nifty1398.40 (+25.70)
US Dollar (Buy/Sell)45.84/45.97
Gold Std (10 gm)5635 (-20)

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EDITORIAL


Pursue farm growth
EVEN AS POLICY-MAKERS across the world are busy fine-tuning their strategy for the World Trade Organisation Cancun Ministerial next week comes the World Bank report on Global Economic Prospects 2004 that makes out a strong case for the developed ... More

ECONOMY


RBI Annual Report 2002-03: Jalan lauds economic management
Apart from listing the challenges in achieving higher growth and the structural reforms needed to strengthen global competitiveness, the RBI Annual Report lauds the progress made by India as a highly resilient and mature economy, thanks to policy re forms and careful macro-economic management, says S. Sethuraman. More

He is Reddy, are you ready?
ONE OF the latest speeches on the IMF Web site is by its managing director, Dr Horst Köhler, delivered in Kuala Lumpur on September 3, 2003, and titled "Asia's emerging markets: A growing force in the world economy". ... More

ENVIRONMENT


In search of `development'
ON FRIDAY some Kolkata newspapers carried a report that posited the age-old "problem", namely, the perceived contradiction between "development requirements", on the one hand, and the need to improve the city's civic ... More

PETROLEUM


The changing oil equations
THE economic slowdown of developed countries and the socio-political turbulence in oil producing regions has resulted in stagnation of oil output. High oil prices in the last 18 months have caused a further cut in ... More

TAXATION


Politically correct, fiscally incorrect
Taxpayers have been given the bait of deduction from taxable income contributions made to political parties. But is this justified, asks T. C. A. Ramanujam More

On second thoughts...
R Anand on whether a Commissioner can reconsider an application for waiver of interest/penalty when fresh facts are brought to light. More

The law on staying power
T. N. Pandey on the power of CIT (Appeals) to grant stay of demand during pendency of appeal More

PAN, the frying pan
Ganapathi Joshi on how PAN issue is being tightened even as there are efforts to speed it up More

A virus that mauled the tax returns
A HOOVER, Alabama accountant was acquitted of nine counts of tax evasion and filing fraudulent personal and business state income-tax returns after telling his story of a computer virus to a sympathetic jury. State ... More


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In Focus
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Pakistan Diary
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In Depth
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Looking back
Aug. 24-Aug. 30
On the economics of media diversity

Mumbai, shaken but not broken

India must condition itself to CAS

Education is India's edge


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