Financial Daily from THE HINDU group of publications
Saturday, September 13, 2003
Markets (Sept. 12)
BL 2501571.02 (-34.33)
BSE Sensex4305.91 (-87.22)
S&P CNX Nifty1372.10 (-31.05)
US Dollar (Buy/Sell)45.77/45.90
Gold Std (10 gm)5710 (-10)


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Farm subsidy issue threatens Cancun
THE fifth World Trade Organisation (WTO) ministerial meet appeared headed for a stalemate with two groups, in which India plays a prominent part, hardening their stance. While a coalition of 21 is firm on the phase-out of farm subsidies by the ... More

Profit-booking, volatility mark stock downtrend
PROFIT-BOOKING in the stock market continued for the third day in a row with Friday's sales more intense than in the last two trading sessions. Market volatility was also higher as seen from the intra-day high-low prices of major stocks. The ... More

e-filing of returns: Will it cause more burden?
PAN (Permanent Account Number), TIN (Tax Information Network) and now ERIIN (E-return Intermediary Identification Number). The Income-Tax Department seems well on its way to fulfil the promise made to taxpayers in its Citizen's Charter some ... More

Bank chiefs to discuss benchmark PLR on Sept 16
THE Reserve Bank of India has called a meeting of bank chiefs on September 16, to discuss and take forward the issue of arriving at a benchmark prime lending rate. According to banking circles, Dr Rakesh Mohan, Deputy Governor RBI, will convene ... More

Nedungadi quits Madura Garments
THE A V Birla Group managed Madura Garments will see a change of guard at the top with Mr Prakash Nedungadi quitting the post of President. Mr Nedungadi steered the domestic branded apparel major for three years following its acquisition by A V ... More

Zee to launch DTH on Oct 2
THE Subhash Chandra promoted ASC Enterprises may well be the first company to commence direct-to-home (DTH) operations in India with the Government giving its final approval on Friday. The company has set October 2 as the day of launch that ... More

Schisms to the fore at WTO ministerial
AS setting the agenda for the five-day ministerial occupied much of the first day of the conference here, trade ministers of 146 countries confront the difficult choice over the next couple of days of how to address imbalances in farm trade, ... More


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