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Thursday, June 18, 2009
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WEB EXTRAS

ECONOMY: Financial sector bucks slowdown, pays more tax
SBI beats ONGC to the top slot in June 15 instalment. New Delhi, June 17 State Bank of India (SBI) has dislodged ONGC to become the leading advance taxpayer in the ...

ACCOUNTANCY: It’s time to act on IFRS
The Institute of Chartered Accountants of India (ICAI), through its Concept Paper on convergence with International Financial Reporting Standards (IFRS), has indicated that public interest entities in India will start following IFRS for ...

OUTLOOK: Early rain gains for Orissa, Andhra Pradesh likely
The brewing `low' in the northwest Bay of Bengal would bring rains first into Orissa, Jharkhand, Chhattisgarh and Andhra Pradesh, according to India Meteorological Department ...

ACCOUNTANCY: Reducing overhead costs in banks
Given the current economics of downturn, banks are the lone entities awash with cash in an otherwise credit-starved market, but that’s exactly the situation a bank would rather not be in. Asset-liability mismatch and increasing chances of ...

ENVIRONMENT: BPCL Kochi Refinery develops eco protection tech
Kochi, June 17 Bharat Petroleum Corporation Ltd — Kochi Refinery has developed a unique environment protection technology for removing toxic hydrogen sulphide gas produced when crude oil is heated to high ...

PERFORMANCE: MFIs emerging key distributors of Max Vijay policy
Kolkata, June 17 Micro-finance institutions and customer service centre network may emerge the largest channel for the distribution of Max New York Life’s (MNYL) small-kitty insurance policy, Max Vijay, in the coming days, according to ...

REAL ESTATE & CONSTRUCTION: Mumbai Metro officials to meet Wadala tower developers today
Officers of the Mumbai Metropolitan Region Development Authority (MMRDA) will meet the prospective developers, who have purchased the pre-qualification document for developing the 101 storey tower at Wadala on ...

EXPORTS & IMPORTS: Govt extends ban on Chinese toys till Jan
New Delhi, Jun 17 The Government today extended the ban on import of toys from China up to January ...

EXCISE AND CUSTOMS: Jute industry seeks excise duty exemption on batching oil
The jute industry should be exempt from paying excise duty on Jute Batching Oil (JBO) and fringe benefit tax, according to pre-Budget recommendations of the Indian Jute Mills’ Association ...





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Markets (June 17)
Nifty (at close)4,356.15(-161.65)
US Dollar (Buy/Sell)48.13/14
Brent crude (a bbl) Rs3,310
Gold (a gram) Rs1,347
Silver (a kg) Rs23,420


In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
SEBI chief asks mutual funds to place bets on retail investors


Interest rate futures to be introduced soon

PAN relief for SIP up to Rs 50,000

NHAI changes land acquisition norms for awarding projects

TCS aims to trim selling costs

Reducing overhead costs in banks

Looking back
Jun. 7-Jun. 13
Dumping duty imposed on CD-R imports

Panel moots ‘blanket ban’ on big ticket investment in retail



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