INDUSTRY & ECONOMY
ECONOMY
Capacity utilisation stagnates in 2003-04
THE Indian economy is waiting for resurgence in investment-led demand to push growth rate to a higher trajectory. The Finance Minister has increased tax incentives for industrial investments. Still, we may have to wait a while for a ...
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We'll open doors to all kinds of investments: Chidambaram
THE opposition from the Left parties on the foreign direct investment (FDI) front notwithstanding, the Finance Minister, Mr P. Chidambaram, on Saturday promised captains of industry that the Government was committed to economic reforms and ...
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PETROLEUM
ONGC, Gail, OIL told to pay Rs 1,200 cr to marketing cos
THE Government has directed Oil and Natural Gas Corporation (ONGC), Gail (India) Ltd and Oil India Ltd (OIL) to pay Rs 1,200 crore to the public sector oil marketing companies. The payment is towards sharing a third of the losses incurred by ...
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TAXATION
Lahiri upbeat on tax collections — 'Govt alert to inflation'
RESPONDING to queries by captains of industry on the projected gross revenue collections in the Union Budget, Dr Ashok Lahiri, Chief Economic Advisor (CEA), Ministry of Finance, said here that the Government was confident of collections from ...
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