The Hindu : Business News : Monday, August 16, 2004

Online edition of India's National Newspaper
Monday, August 16, 2004

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Ticklish issues in oil product pricing
The value-based duty may have fetched handsome revenue in near-term but the likely adverse fall-out of an oil price rise on production and consumption in other sectors of the economy in the long-run cannot be ignored.

FINANCIAL SCENE
When inflation returns
An initial phase of denial and inopportune timing with regard to the EPF interest rate have been the highlights of the past two weeks characterised by a resurgent inflation.

Scare not scarcity behind soaring oil prices
Most of the price increase can be attributed to the `scare' factor, leading to apprehensions of `scarcity'.

Blinkx: Desktop, web search tool
THIS EDITION of NetSpeak brings to your attention the new web/desktop search tool, blinkx, which has already garnered a lot of attention from Net technology observers. In response to your search query, a normal search engine brings you the data ...

Provision to curb dividend stripping
QUESTION: What are the changes in the budget which would affect the corporate sector? ANSWER: Amendment to Sec. 94 is proposed to neutralise dividend-stripping by acquiring shares ex-dividend prior to distribution and booking ...

Buyers stay away from bourses
RISING CRUDE oil prices and domestic inflation kept the bourses in check as renewed selling emerged in the last three trading sessions of the week ended August 13. Share values declined as there were virtually no buyers as foreign institutional ...

Changes in procedural law
A: There are a number of changes in procedure. Lack of need for separate identification numbers as a deductor of tax at source (TAN) and as a collector of tax at source (TCN) is now recognised. Sec. 203A is proposed to be amended providing ...

Crouching tiger, prancing unicorn
REGULAR READERS of this column will probably remember its prediction in "Crouching tiger, hidden dragon' (June 14, 2001) that Honda's introduction of the Activa would shake up the Indian scooter market as nothing else would. The `automatic' ...

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