Financial Daily from THE HINDU group of publications
Saturday, September 27, 2003
Markets (Sept. 26)
BL 2501553.64 (+22.71)
BSE Sensex4382.57 (+85.42)
S&P CNX Nifty1386.95 (+29.75)
US Dollar (Buy/Sell)45.80/45.93
Gold Std (10 gm)5780 (-90)


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OPINION

EDITORIAL


Towards one licence
THE STAGE IS set for switchover to a regime of a "Unified Licence" for the entire spectrum of services in the telecom sector with the in-principle nod given by the Group of Ministers (GoM) on Telecom. No doubt, a move towards a unified licence is ... More

ECONOMY


Politics and economics
IN THE latest issue of The Economist, there is this sub-heading to a review of Joseph Stiglitz's latest book The Roaring Nineties: A New History of the World's Most Prosperous Decade, that goes "When ... More

Reddy one, two... and there should be more
FOR a grasp of economic happenings "in brief", a good source to look at is the speeches of Mr Y.V.Reddy, Governor, RBI. In his new innings at the Bank, he has opened his score already and there are two downloadable ... More

TAXATION


Errors and revisions exasperated
T. C. A. Ramanujam discusses a recent Supreme Court decision on the revisionary powers of the Commissioner More

Can do with fewer layers
R. Anand on the malady of multiple taxation in the NBFC sector More

Course correction on three fronts
THE Government has announced the Taxation Laws (Amendment) Ordinance, 2003 with effect from September 8, 2003. The provisions basically relate to reduction in interest charged, introduction of a new Section 10BA and ... More

WTO


WTO: A muddied ministerial
At Cancun, India, China and Brazil frustrated the `concerted' efforts of the US-European Union combine to bulldoze the rest of the world on an agenda that suits it most. It is one thing, however, to stall the talks, but something else to extract win ning points from the deliberation, , says K. P. Prabhakaran Nair. More

Pyrrhic victory at Cancun
THE collapse of the trade talks at the WTO's ministerial meeting at Cancun, Mexico, is being profiled as a moral win for the Third World, a harbinger of future unity. But a strategic retreat should not be confused with ... More

CREDIT MARKET


The riddles of financing small sectors
AGRICULTURE and tiny and village industries sectors need most attention. They not only provide employment to large numbers of people, but an overwhelming chunk depends on these sectors for its livelihood. The financing ... More

MARKETING


Marketing: Transiting into the millennium market
THE challenge confronting most marketing organisations, now that they have been ushered into the 21st century, is how to make the transition from the orthodox forms of marketing to the ultra-modern systems, in the ... More
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Top Stories
SAIL sees upswing in fortunes, eyes export market


Mallya unveils retail plan

Nasscom sees 60,000 info security jobs

Tariffs tumble as users swell

90-day norm may push up banks' NPAs, hit profits

Aluminium stocks likely to increase — Rising output, stagnant offtake worry producers

Now, text can be heard as speech over telephone

In Focus
Cola Controversy
The Cable tangle
Indo-China Relations
Telecom Competition
Oil PSUs: Disinvestment dilemma
In Depth
In Kashmir
Simple Economics
Slowburn
Tax Talk
NRIs & Investment Avenues
Corporate Governance

Looking back
Sep. 14-Sep. 20
US stocks are fully priced, but who cares?

RBI's Annual Report 2002-03: Positive outlook blurred by concerns

Lessons from the failure at Cancun

Mutual funds — The importance of hedging short-term


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