Business Daily from THE HINDU group of publications
Monday, December 31, 2007

Markets (Dec. 28)
BSE Sensex20206.95 (-9.77)
S&P CNX Nifty6079.70 (-1.80)
US Dollar39.45 (+0.01)
HIGHLIGHTS
• Sensex gains 691 on global cues
• No relief for GSM players
• 2008 may unfold a scary inflation story
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Financial News
  • Technology sector outlook bullish; billion dollar deals in the offing
  • ‘Things are on a roll for hardware industry’
  • Tea prices subdued on fall in exports, higher arrivals
  • Tyre prices may go up 2-3% in 2008
  • Today's Pick: Bosch Chassis Sys (Rs 420.10)
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Tax & Legal
  • How to make foreign stints less taxing
  • Capital gains of non-residents from Indian assets
  • India, Hong Kong plan double tax avoidance pact
  • ICICI Bank to offer tax concessions on NRO deposits
  • Amendments to India-UAE tax treaty coming into force next year
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RBI
  • Resident Indians may get to trade in currency futures
  • FIPB refers ExlService’s plan to RBI
  • Investing abroad under the raised cap
  • RBI relaxes norms for project, service exports
  • Remittances up to $ 50,000 allowed
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Real Estate
  • Real estate mutual fund keenly awaited
  • Real estate cos sustain ad industry growth
  • NRI builder zeroes in on Coimbatore
  • Parsvanth project in Sonepat
  • IT project: Prestige ties up with Reliance
More Stories
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