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Survey hints at bold moves to sustain growth — `Improvement in fiscal situation is critical element'
A DAY before the Union Budget 2004-05, the Finance Ministry has made a rather bullish prognosis of the economy even while hinting at hard fiscal measures and "bold actions" to consolidate the current "growth momentum." "The economy appears to ...
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No matching fall in lending rates: Survey
The survey has pointed out that the pace of reduction in lending rates has not matched the decline in the deposit rates.
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Getting ready for Budget presentation
The Finance Minister, Mr P. Chidambaram, with the Minister of State, Mr S.S. Palanimanickam, at the North Block in the Capital on Wednesday. Also seen are (from left) the Revenue Secretary, Ms Vineeta Rai, the Chief Economic Advisor, Mr Ashok ...
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Pointers to overhaul of tax exemptions
IN a clear indication of the nature of tax reforms that may be announced by the Finance Minister, Mr P. Chidambaram, in his Budget speech on Thursday, the Economic Survey for 2003-04 has called for an overhaul of the regime of exemptions and ...
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Market remains firm ahead of Budget
STOCK prices remained firm ahead of the crucial Union Budget on Thursday even as the Economic Survey failed to enthuse the market sentiment. However, in Wednesday's trading, the BSE Sensex failed to break the crucial 5000 mark. At close, it ...
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TRAI mandates 6-month validity for all tariff plans
IN a move that would protect mobile and fixed line users from any increase in tariff hike soon after taking a connection, the Telecom Regulatory Authority of India has made it mandatory for operators to put a six month validity period on all ...
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Alstom to make India global production hub
French engineering giant Alstom is planning to set up a research and development (R&D) centre in Bangalore and upgrade its Vadodara and Delhi operations as part of plans to make India its global manufacturing hub and exports base. "The company .
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`Remove impediments for 10 pc industrial growth'
THE Economic Survey 2003-04, while calling for a 10 per cent growth in industrial output, has cautioned that the target can be achieved only if impediments, such as reservations for the small-scale sector, rigid labour laws and difficulty in ...
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