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Exports
send out some good news as Apr-Nov 01 growth inches up 0.5pc |
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After almost a continuous slide
up to October 01, exports recovered marginally by recording
a positive, though a meagre 0.5 per cent, growth during the
April-November period this fiscal. |
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STD
rate cuts may see Rs 75cr service tax erosion this fiscal |
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The STD rate cut announced
by BSNL will not only affect the revenues of the telecom company,
but also the service tax collections of the government. |
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Finally,
foodgrain may move freely among states |
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In A bid to free the inter-state
movement of foodgrain and agricultural produce, the government
is contemplating amendment to the Essential Commodities Act
making it an emergency provision to be formally invoked by a
notification for a limited period of time. |
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Revise
costs before fixing new fert pricing period: Ficci |
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Ficci has, in a letter to
finance minister, proposed that all costs be properly updated
in line with current costs while fixing the seventh pricing
period for the fertiliser industry, as this was particularly
relevant in respect of issues like norms for capacity utilisation,
energy intake, consumption of net assets, and determination
of working capital. |
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