Financial Daily from THE HINDU group of publications
Wednesday, January 04, 2006
Markets (January 3)
BSE Sensex9539.37(+149.23)
S&P CNX Nifty2883.35 (+47.40)
US Dollar (Buy/Sell)44.98/45.11


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GOVERNMENT

POLICY


Tax tribunal Act notified
THE National Tax Tribunal Act 2005, which is legislation passed by Parliament in the winter session, has been notified. Under this legislation, the National Tax Tribunal (NTT) would hear cases on substantial question of law from the decisions ... More

FINANCIAL POLICY


Multi-State co-ops to be allowed to access ECBs
THE Government has decided to amend the external commercial borrowing (ECB) policy to permit the Multi-State Co-operative Societies engaged in manufacturing activities in real sector to access ECBs under the approval route. An official release ... More



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Total value of M&A, PE deals in 2005 at $18.2 b

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