The government has decided to cap the price of natural gas at $3.86 per million British thermal unit for this year, providing relief to users who thought gas would become dearer.


No hike in gas price this year

Business Standard

Deemed exports refer to specified categories of supplies made within the country, in respect of which the duty burden on end products as well as on inputs are to be rebated by the commerce ministry.

DGFT circulars confusingly worded

Has the commerce minister once again notified changes in the Foreign Trade Policy (FTP) without taking the finance minister into confidence? Three weeks after Kamal Nath announced changes in the

Exporters wait for North Block`s cue

University of Calcutta (CU) is seeking to promote biotechnology studies through a carrer fair being organised on its behalf by Synergy &amp; Network and branded Career Plan 2005. 


City varsity to host bio-tech fair

The first of a five-part series on how the Manmohan Singh government has managed the economy

UPA rides growth story, falters on prices

Most parts of India are facing an electric power crisis again. Even some of the best states, like Maharashtra, are suffering. If the country is to achieve 7 per cent annual growth in GDP, electric

T Thomas: Power: Need for urgent action

Most investors, both globally and in the region, have more or less given up on Japan. When was the last time you heard of anyone mention Japan as an important input into their decision-making on Asia.

A P: Japan and Asia

Small towns will now have to play a major role in the growth of the services industry


R Ravimohan: Growth amid stagnation

The Supreme Court has set aside the ruling of the Calcutta High Court asking the standing advisory committee on jute packaging to afford a hearing to persons associated with the production of raw jute

Ruling on jute packaging set aside

While the government has done well not to give in to the demands of traders striking over the impending implementation of value-added tax (VAT), the members of the Empowered Committee are apparently

VATs in store

Urban areas reported a higher unemployment rate, 4 per cent for men and women in 2003 against a 2 per cent unemployment rate for rural men and 1 per cent for rural women in 2003, according to the

Jobless rate up in cities

Economic Affairs Secretary Rakesh Mohan today said the continuing inflow of foreign exchange could cause macro-management problems for monetary and fiscal authorities.


Forex inflows could pose problems, says Mohan

Trade policy expected to give boost to car parts, pharma.


Fewer forms to fill, more carrots for exporters

India will have to focus on setting up a strong manufacturing base to achieve a growth rate of over 8 per cent, as a strong presence in services alone will not be sufficient to sustain progress,

Focus on industry must for 8% growth

India's merchandise exports have touched $70 billion during the period April-February 2004-05, registering a growth of 27 per cent in dollar terms. 


Indian merchandise exports leap 27% to $70 billion

The finance minister has brought down the basic rate of Customs duty on most non-agricultural products to 15 per cent, on most metals to 10 per cent, on select capital goods to 10 per cent and on

Protectionism is now passe

Planning Commission Deputy Chairperson Montek Singh Ahluwalia talks about reorganising central loans to the states, in the second of a two-part interview with&nbsp; <FONT

`States could borrow up to a third from the market`

After presenting a hawkish Macro and Monetary Developments report on Monday, the central bank delivered a more measured third quarter review of Monetary Policy. Trying to keep all constituents happy the RBI governor announced a 0.25% cut in repo rate and also reduced Cash Reserve Ratio (CRR) by 25 basis points which would infuse Rs 18,000 crore of liquidity in the system.

RBI: Urgent need for new investments

The possibility of India losing its investment grade credit rating has receded somewhat as a result of economic reforms undertaken by the government since last September, an analyst with rating agency Standard &amp; Poor's told Reuters on Thursday.

India faces less risk of credit rating downgrade: S&P

Reuters 

Import duty on 116 hardware components to be reduced to zero, leading to lower PC prices.


Brave new world for textiles, drugs, IT

Many readers of this column have sent in queries in response to my article on dee-med exports last week. I try to clarify some of these, in this article. 


T N C Rajagopalan: Deemed exporters and notifications

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