The Hindu Business Line : Saturday, July 30, 2005

The tale of a finger
THE fire engulfing an ONGC oil-processing platform in North Bombay High is no doubt a major incident on the country's oil scene. According to official estimates, ONGC stands to lose as much as 110,000 barrels a day in production for maybe 30 days ... More

EDITORIAL

An airline hobbled
THE STORY OF Indian Airlines trying to buy aircraft has taken another farcical twist in its three-year course. The latest act was played out over the last few days with the Finance Ministry writing to its Civil Aviation counterpart expressing ... More

FOREX

Making the most of yuan revaluation
The combined effect of the lower-than-expected yuan revaluation and the US' suspicion over China's interest in the US energy sector, should give India the leverage to woo American investors. Also, the highly educated workforce, management talent, reg ulatory measures, cultural affinity and a vast English-speaking workforce are the pluses in India's favour, says S. Majumder. More

TAXATION

The most pitiful among men is he who turns silver and gold into dreams
O GOLD! I still prefer thee unto paper, which makes bank credit like a bank of vapour, exclaims Calvin Coolidge. You may be one of those to whom stocks are where value resides, but most of us who consider gains in the ... More

INCOME TAX

Complication in share application
T. C. A. Ramanujam on a High Court ruling that application for shares in cash will attract Section 269SS of the I-T Act More

RETAILING

Your neighbourhood kirana-wala may not want you to read this
RETAILING IS one of the few sectors in India where foreign direct investment (FDI) is not currently allowed, writes L. Mansingh in his message at the start of a new book from Academic Foundation ... More

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