Business Daily from THE HINDU group of publications
Thursday, March 08, 2007
ePaper
Commodities (Mar 07)
Gold (per gram) Rs866
Silver (per gram) Rs20.55
Brent crude (per bbl) Rs2,729
Markets (March 7)
BSE Sensex12579.75(-117.34)
S&P CNX Nifty3626.85 (-28.80)
US Dollar (Buy/Sell)44.55 (+0.05)


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Govt hints at ban on cement exports
Industry seeks review of new duty proposals More

Mumbai's 2nd airport to get Cabinet nod soon
Mumbai's second international airport at Panvel, which has been 10 years in the planning, is likely to get Union Cabinet approval in a month's time, according to Mr Sanjay Ubale, Secretary, Special Projects, Government of Maharashtra. Soon ... More

US takes India to WTO on liquor duties
Kamal Nath hopeful of early resolution More

How duties affect imported spirits
The Chairman of the International Association of Wines & Spirits, Mr Amrit Kiran Singh, commenting on the US trade office taking India to the WTO said: "India's fear of cheap imports flooding the market is misplaced. Even if import duties are ... More

Reliance plans to merge IPCL with itself
Merger ratio to be announced after board meeting on Saturday More

Sugar output estimate to be revised upwards
Maharashtra, UP may produce 12 lakh tonnes more More

Tata Motors acquires Nissan facility in S. Africa
Unit to be used to launch Tata vehicles in Europe More

India Inc asked to gear up for almost exemption-free tax code
Every exemption has a father, grandfather, guardian and a foster parent: Chidambaram More

Singapore exchange buys 5% in BSE
To pick stake for Rs 189 crore at Rs 5,200/share More

Wheat output likely at 73.5 mt, says Pawar
Futures trading not banned, only suspended: Official More

Govt gets aggressive bids for rural mobile project
Two-part bidding sees good response More

`Fringe Benefit Tax on ESOPs amounts to economic double taxation'
"The proposal raises a plethora of cross border taxation issues, especially in the case of globally mobile population." More

A bull in bear's clothing?
Large and widespread declines in Sensex stocks have, in recent times, been accompanied by increases in turnover and in the number of shares traded. It would seem that, under such conditions, bulls lie in wait, ready to devour the bears. The ... More

`Market fall not due to external factors'
Over the week since the Budget day, we have been witnessing wild swings in the markets. `To decode what's happening in the bourses, Business Line contacted Mr Pradeep Chandrasekaran, Country Manager for Safety in the Market (www.sitm.com.au), ... More

India through the global lens
Brand India ranks high on the agenda of international TV channels. And the world is finally getting the real taste of the country. More

Westerlies to hit northwest back-to-back
The two incoming western disturbances are now expected to hit northwest India back-to-back, with the latter of the two being a `particularly strong' one. The India Meteorological Department (IMD) has confirmed this in its forecast on ... More


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