Financial Daily from THE HINDU group of publications
Saturday, July 27, 2002
Markets (July 26)
BL 2501068.53 (-25.10)
BSE Sensex3024.35 (-70.61)
S&P CNX Nifty973.50 (-28.05)
Dollar (Buy/Sell)48.64/48.77
Gold Std (10 gm)5140 (-20)

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COLUMNS

DETAXFICATION


Mountains of forms
TAX simplification is an oft-performed exercise. A recent one is the introduction of the `Tax Simplification Bill' in the US Congress, to simplify the tax code for many ordinary taxpayers. Mr Rob Portman, who has ushered in the legislation frets: ... More

ECONOMY - A PERSPECTIVE


Macro-drought: Where policy lags
ECONOMIC policies are subject to a number of lags. Between the event and the authorities' awareness, there is the information lag. Between the awareness and the appropriate decisions there is the decision lag. Between the decisions and actual ... More

VIEW POINT


Faulty index?
THE latest report on the Human Development Index places India 124th and China 96th in a list of 173 countries. The report also says that "democracies are better at avoiding catastrophes and at managing sudden downturns that threaten survival". ... More

E-DIMENSION


Beware of economists on the loose
TICKS are tiny parasitic insects. They are small, wingless and bloodsucking creatures that live on the skin of humans and warm-blooded animals such as dogs and cattle. Ticks are also the stuff of audit assistants. Time ticks, relentlessly, and ... More

MICROSCOPE


ITC continues its strong show
A NUMBER of factors such as insignificant volume growth in its cigarette business and state activism have been working against ITC in the past several quarters. The juggernaut, however, has continued to roll on, surprising the market skeptics. ... More

ON MINT STREET


RBI dividend even before auditors are through
CAN Mr C.M. Vasudev, Secretary, Department of Economic Affairs (DEA), announce a dividend of Rs 10,300 crore from RBI to the Centre, when the central bank's books are still under audit? Till last week the money had not been credited going by the ... More

EAR TO THE GROUND


Cipla firm on drug supply talk
PHARMA major Cipla is one of the few stocks that showed some resilience on Friday. Market sources said that the pressure eased on rumours that the company is in talks for supplying either bulk or formulation drug that is currently under Para IV ... More

ON THE HEDGE


HLL: Opt for spot
THE following are some buy/sell strategies based on Friday's trading in the derivatives segment at the NSE: Equity options: HLL may reverse direction after hitting its immediate support level of Rs 165. The immediate upside, however, ... More

SENSOR


IT stocks get a drubbing; ITC flares up
STOCK prices across all segments registered a notable fall on Friday. The Sensex is now precariously poised just above the 3,000 levels — a level that it has not seen since early November 2001. On the BSE, the Sensex declined by 2.28 per ... More
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Top Stories
CBDT income notification — Coffee planters in a quandry


HLL market cap falls Rs 1,600 cr — Analysts lower sights on poor monsoon

`Infotech industry to touch $46 b in 2006'

Revamp not to affect top brass of Indal, Hindalco: K.M. Birla

Watch out! Women at work

RBI dividend even before auditors are through

In Depth
Gender Justice
Simple Economics
Small Investor
Looking back
Jul. 14-Jul. 20
New rly zone controversy shifts to more tracks

Private banks beware, big brother is watching

Osteopathy, the healing touch

Spectre of drought — Projected growth rates for 2002-03

Banks likely to resume power sector funding


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