Financial Daily from THE HINDU group of publications
Wednesday, March 02, 2005

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FINANCIAL SCAN


Stock market calls reformers' bluff
NO talk of privatisation. No mention of disinvestment. No changes in labour laws to enable hire and fire. No proposal to close down losing public sector enterprises. That is the 2005-06 Budget. Can one get away with all this? Because they are ... More

REFLECTIONS


The silent scream
A FEW hours spent in a forest or a beach or a mountain stays with one for long. It is two weeks since one returned from a trip to Tadoba and Melghat and yet one cannot shed the images of the Tadoba Lake. In some ways, it is better than looking at ... More

EX PARTE


Fringe benefits from Down Under
MORE as a cop than a casual observer, Chidambaram has been watching how companies keep employees happy. What did he find? That many perquisites are disguised as fringe benefits and that nobody pays any tax on these. Therefore, he made one fell ... More

EAR TO THE GROUND


ITC jumps on tax saving hopes
THE stock of ITC gained on Tuesday despite the in excise duty hike on cigarette in the Budget. Dealers said the interest in the counter came due to likely savings by the company on corporate taxes. ITC is one of the highest corporate taxpayers ... More

ON THE HEDGE


Short-term trend reversal in ITC, Hindalco likely
THE following strategies are based on Tuesday's trading in the spot and the derivatives segments on the NSE. These strategies are structured to take advantage of any likely short-term price reversals. Note that the outlook can run counter to ... More

SENSOR


FMCG, capital goods, consumer durables gain
SELLING pressure brought the Sensex down by 62.78 points (or 0.94 per cent) to close at 6651.08 points, after a spectacular post Union Budget surge on Monday. The markets, which cheered the Budget with a gain of 144.14 points, took a breather ... More


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Top Stories
Exporters not enthused by Budget plans


Partnership firms will have to file I-T returns

Experts seek rollback of cash withdrawal tax

Ashok Leyland mulls plant in North India

Net worth floor for private banks fixed at Rs 300 cr

`In the right direction for hardware sector'

Fringe tax to bite deeper into smaller IT cos

In Focus

BHEL Disinvestment
The Yuan Revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
More

In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Feb. 20-Feb. 26
How about the idea of a fixed-maturity equity fund?

As Budget day nears — It's cautious optimism on Dalal Street

Economy: Build like the ant

Nobody expects Ministers to be saints


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