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Saturday, October 18, 2008
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WEB EXTRAS

SHORT TERM INSTRUMENTS: Ministry asks banks to allow cos to utilise sanctioned loan limits
New Delhi, Oct. 17 The Finance Ministry has advised public sector banks (PSBs) to allow borrowers/companies to utilise the sanctioned term loan and working capital limits. They have also been asked to assess on a priority basis all requests ...

OUTLOOK: Global financial crisis impacts coffee
Coffee prices, like other commodities, have been affected by the current financial turmoil, but it is expected to sustain almost at the current levels during the coming winter months as the demand is likely to outweigh the ...

ACCOUNTANCY: Transfer pricing in business restructuring
Recently, the OECD Committee on Fiscal Affairs (CFA) released for public comments a discussion draft on the transfer pricing aspects of business restructurings. The discussion draft trails the recent widespread surge in ...

CORPORATE: Assessing windfall tax
In the past few weeks there have been many suggestions for imposition of windfall tax in the background of rising crude oil prices, which reached unexpected levels. But the demand for such a tax has almost died down with the fall ...

COURTS/LEGAL ISSUES: Death without will
Indian mythology has it that a special heaven as the exclusive abode of King Trishanku was created in midair by Brahmarishi Vishwamitra when he was thrown out of the original one where benign souls are normally supposed to find sanctuary ...

OUTLOOK: `Slump in realty temporary'
BuildArch 2008 and BuildUp 2008 to be held in Bangalore later this month. Though the GDP is likely to be around 7 per cent only, it is good enough to provide a good momentum in the real-estate industry, said Mr J.P. Nayak - President ...

OUTLOOK: Centre urged to make Hooghly navigable
Kolkata, Oct. 17 The West Bengal Government is concerned at the deteriorating draft in the Hooghly river near Haldia dock as it fears that the present situation, if continues, will hit shipping movement affecting the ...






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Markets (Oct 17)
Nifty (at close)3074.35(-194.95)
US Dollar (Buy/Sell)48.88/90
Brent crude (a bbl) Rs3,412
Gold (a gram) Rs1,224
Silver (a kg) Rs17,660


In Focus
Pravasi Bharatiya Divas, Singapore

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Other Top Stories
Tech sector growth to drop sharply: Forrester


Steel industry pitches for 15% import duty, revival of DEPB facilities

Emerging markets outdo developed peers

Ginners in a spot on higher cotton support prices

HDFC net profit up 32% on healthy loan growth

ONGC plans to increase acquisition programme

Bombay HC directs Centre to file affidavit in RIL-RNRL gas case

Looking back
Oct. 5-Oct. 11
CRR cut may not impact lending rates: Bankers

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